Openbank vs. Pibank
Openbank's High-Yield Savings Account pays 3.80% APY while Pibank's Pibank Savings pays 4.10% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Pibank pays $30 more than Openbank annually ($410 vs $380).
Choose Openbank if mobile app quality matters, or choose Pibank if getting the best rate matters most.
| Metric | OpenbankHigh-Yield Savings Account Sep 5, 2026 | PibankPibank Savings Sep 5, 2026 |
|---|---|---|
| APY | 3.80% | 4.10% |
Earns in a year | $5,000+$190 $10,000+$380 $25,000+$950 | $5,000+$205 $10,000+$410 $25,000+$1,025 |
Min. Deposit | $500 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppStable Rate | FDIC InsuredNo MinimumsDaily CompoundingStable Rate |
Prefer In-Person Banking?
Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.
Executive Summary
Pibank offers a competitive High-Yield Savings account with an APY of 4.10%, making it the clear winner compared to Openbank's 3.80%. Pibank's account requires a minimum deposit of just $1 and has no direct deposit requirements, allowing for easier access to higher returns, especially for smaller deposits. In contrast, Openbank's account has a higher minimum deposit requirement of $50,000 but also features a $0 maintenance fee and monthly compounding. Both accounts are online-only and nationally available, but Pibank's superior APY and simpler terms make it a more attractive option for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Openbank?
- Higher rated iOS app (4.7 vs 2.1)
- Higher rated Android app (4.4 vs 1.8)
Why Pibank?
- Higher potential APY (4.10% vs 3.80%) on all balances
Key Feature Differences
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $410 vs $380/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1025 vs $950/yr).
Better for Simplicity
PibankPibank's Pibank Savings offers 4.10% APY with no bundling, direct deposit requirement or caps.
Better Mobile App Experience
OpenbankOpenbank offers an iOS app rated 4.7 (vs. 2.1) and Android app rated 4.4 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $30 more interest on a $10,000 balance than Openbank's High-Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
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Openbank vs. Pibank Savings Calculator
You earn $30 more with Pibank than Openbank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Openbank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$380.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,380.00
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$410.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,410.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $375 a year in interest.
Both Openbank and Pibank advertise far more than that typical branch-bank rate.
| Feature | Openbank | Pibank |
|---|---|---|
| APY | 3.80% Observed: 9/5/2026 Stable over 90 days | 4.10% Observed: 9/5/2026 0.30%90-day change |
| Product Name | High-Yield Savings Account | Pibank Savings |
| Minimum Deposit | $500 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Monthly | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | Not reported | Not reported |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | Not Rated | A+ |
| Next Steps | Visit SiteVerify at Openbank Non-sponsored link to official site | Visit SiteVerify at Pibank Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | Openbank | Pibank |
|---|---|---|
| High-Yield Savings Account | Pibank Savings | |
Current APY | 3.80% | 4.10% |
Trend | Stable | Stable |
Speed of change | -0.02 | -0.03 |
Days Since Change | 94 | 64 |
12-Month High | 4.20% | 4.60% |
12-Month Low | 3.80% | 4.10% |
Changes per month | 0.25 | 0.17 |
Steadiness | 0.013 | 0.014 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 362-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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High Rates (With Checking Bundle)
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