EverBank vs Pibank vs Openbank vs Bask: The Top High-Yield Savings Rates Compared

The four accounts below sit within 30 basis points of each other on their standard rates, so the winner is not simply whoever prints the biggest number this week. The real question is which rate survives the next Fed move, and what you have to do to keep it. Here is how these online savings accounts stack up on the three things that actually move your interest: headline APY, the minimum to get in, and whether the rate you see is the rate you keep.

The headline rate, and the catch behind each one

On the top-line number, Pibank wins outright at 4.10% APY with no minimum balance and no fees (rate as of July 2, 2026). No tier to hit, no direct deposit to route, no balance cap that quietly drops you to a teaser rate above a threshold. If you sort strictly by the rate you earn on dollar one, this is the account to beat.

Bask pays 3.90% APY with no monthly account fees or minimum balance requirement, level with EverBank and 20 basis points behind Pibank.

EverBank sits at 3.90% APY on all balances for new accounts, with $0 to open, below Pibank today. Read the "new accounts" label carefully: EverBank states that the APY is for new accounts only and may not apply to existing accounts, and the Performance Savings page makes no promise to keep the rate at any set level against competitors. It is a variable rate like every other account here.

Openbank is the one with a live promotion. New customers who open by November 3, 2026 get a 0.35% APY boost for six months on top of the 3.80% standard rate, for 4.15% in total. After six months the boost ends and the account earns whatever the standard rate is at that point, so for a long hold, 3.80% is the number to compare.

Minimums and the friction of getting in

Pibank is the easiest door to walk through: zero minimum to open and, per its own framing, no hoops. You can start with any amount and earn the full rate.

Openbank asks for $500 to open. That is not a large sum, but it is a real gate if you are opening an account to test-drive the rate or to hold a small buffer, and it is the only hard minimum in this group. EverBank opens with $0 and Bask has no minimum balance requirement.

The broader point: minimums matter less than they used to because the rate gap is small, but they still decide how fast you can move money in and out. An account with no minimum is friendlier to a saver who sweeps cash between checking and savings every payday than one that wants a standing balance.

Who is actually holding your deposit

Rate is the headline; the charter is the fine print that decides how comfortable you should be. Pibank is a brand of Intercredit Bank, N.A., Member FDIC, which is the reassurance you want behind the highest rate in the group. Openbank is a division of Santander Bank, N.A., and deposits there are combined with Santander's for FDIC limits, so count both if you bank with Santander too. Bask is a division of Texas Capital Bank, an established regional institution. EverBank reports $46.7 billion in assets as of June 30, 2026.

None of these is a fly-by-night neobank riding a single funding round, and that is worth something. When two accounts are 20 basis points apart, the tie-breaker is often which one you trust to still be paying a strong rate, and honoring its terms, two years from now.

Bottom line

If you want the most money with the least effort, open Pibank Savings: 4.10% APY, no minimum, no hoops, on an FDIC-insured charter. It is the cleanest offer here. EverBank and Bask tie at 3.90% with no minimum, so choose between them on the rest of the relationship: Bask if you want a Texas Capital account with no fees, EverBank if you also want its CDs, including a 7-month term, at the same bank. Openbank's 4.15% is a six-month number; take it if you will re-shop in the spring, and remember it falls back to 3.80% with a $500 minimum to open. For most savers, the decision is Pibank now, and a calendar reminder to check all four again when rates move.

FAQ

Which account has the highest savings APY right now?
Pibank Savings, at 4.10% APY flat with no requirements. Openbank's new-customer boost reaches 4.15%, but only for six months. EverBank and Bask pay 3.90% APY as of September 2026.

Does EverBank promise to keep its savings rate competitive?
Not on its Performance Savings page. The 3.90% is a variable new-account APY that EverBank says may not apply to existing accounts and can change without notice, so treat it like any other variable rate.

Do any of these accounts require a minimum deposit?
Openbank requires $500 to open. Pibank advertises no minimum, EverBank opens with $0, and Bask has no minimum balance requirement.

Are these deposits FDIC insured?
Yes. Pibank deposits are held at Intercredit Bank, Openbank is part of Santander Bank, Bask is a division of Texas Capital Bank, and EverBank is itself FDIC-insured. Confirm current coverage and limits with each bank before you deposit a large balance.

Is a 4.10% rate guaranteed to last?
No. Savings APYs are variable and move with the rate environment. That is why the standard rate behind any promotion, and each bank's backing, matter as much as the headline number when you are choosing where to park cash for the long haul.