Pibank vs. Upgrade
Pibank's Pibank Savings pays 4.10% APY while Upgrade's Premier Savings pays 3.05% 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 $105 more than Upgrade annually ($410 vs $305).
Choose Pibank if getting the best rate matters most, or choose Upgrade if mobile app quality matters.
| Metric | PibankPibank Savings Sep 5, 2026 | UpgradePremier Savings Sep 2, 2026 |
|---|---|---|
| APY | 4.10% | 3.05% |
Earns in a year | $5,000+$205 $10,000+$410 $25,000+$1,025 | $5,000+$153 $10,000+$305 $25,000+$763 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsDaily CompoundingStable Rate | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
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 savings product, the Pibank Savings, with an APY of 4.10%, making it the clear winner against Upgrade's Premier Savings, which has a lower APY of 3.05%. Pibank's product stands out for its simplicity, requiring no direct deposit or minimum balance, and it is available online to all customers. In contrast, Upgrade's Premier Savings requires a minimum balance of $100,000 to earn the stated APY. Both banks provide FDIC insurance and have no maintenance fees, but Pibank's higher yield and fewer restrictions 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 Pibank?
- Higher potential APY (4.10% vs 3.05%) on all balances
Why Upgrade?
- Higher rated iOS app (4.9 vs 2.1)
- Higher rated Android app (4.4 vs 1.8)
Key Feature Differences
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $410 vs $305/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1025 vs $763/yr).
Better for Simplicity
PibankPibank's Pibank Savings offers 4.10% APY with no bundling, direct deposit requirement or caps.
Better Mobile App Experience
UpgradeUpgrade offers an iOS app rated 4.9 (vs. 2.1) and Android app rated 4.4 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $105 more interest on a $10,000 balance than Upgrade's Premier Savings.
*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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Pibank vs. Upgrade Savings Calculator
You earn $105 more with Pibank than Upgrade 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.
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$410.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,410.00
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$305.00(3.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,305.00
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 $300 a year in interest.
Both Pibank and Upgrade advertise far more than that typical branch-bank rate.
| Feature | Pibank | Upgrade |
|---|---|---|
| APY | 4.10% Observed: 9/5/2026 0.30%90-day change | 3.05% Observed: 9/2/2026 Stable over 90 days |
| Product Name | Pibank Savings | Premier Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $1,000 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | 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 | A+ | A+ |
| Next Steps | Visit SiteVerify at Pibank Non-sponsored link to official site | Visit SiteVerify at Upgrade Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | Pibank | Upgrade |
|---|---|---|
| Pibank Savings | Premier Savings | |
Current APY | 4.10% | 3.05% |
Trend | Stable | Stable |
Speed of change | -0.03 | -0.13 |
Days Since Change | 64 | 308 |
12-Month High | 4.60% | 4.02% |
12-Month Low | 4.10% | 3.05% |
Changes per month | 0.17 | 0.17 |
Steadiness | 0.014 | 0.086 |
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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More Comparisons
Compare Pibank's APY of 4.10% with other banks
Compare Upgrade's APY of 3.05% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Upgrade vs Ally Bank | 3.00% | $0 |
| Upgrade vs American Express | 3.00% | $0 |
| Upgrade vs Axos Bank | 4.21% | $0 |
| Upgrade vs Barclays | 3.65% | $0 |
| Upgrade vs Capital One | 3.50% | $0 |
| Upgrade vs Chime | 3.75% | $0 |
| Upgrade vs CIT Bank | 3.75% | $100 |
| Upgrade vs EverBank | 3.90% | $0 |
| Upgrade vs Marcus by Goldman Sachs | 3.40% | $0 |
| Upgrade vs Newtek Bank | 4.20% | $100 |
| Upgrade vs Openbank | 3.80% | $500 |
| Upgrade vs SoFi Bank | 4.00% | $0 |
| Upgrade vs Synchrony Bank | 3.30% | $0 |
| Upgrade vs Varo Bank | 3.75% | $0 |
| Upgrade vs Wealthfront | 3.95% | $0 |