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

On the standard rates we read on October 14, 2026, the four accounts below sit within 35 basis points of each other, 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 standard rates we read on October 14, 2026, Pibank leads at 4.25% APY with no minimum balance and no fees (rate read on Oct 14, 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 standard rate you earn on dollar one, this is the account to beat.

EverBank is a close second at 4.20% APY on all balances for new accounts, with no minimum to open. 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 page promises no set level against competitors. It is a variable rate like every other account here.

Openbank runs a new-customer promotion: a 0.35% APY boost for six months from account opening on top of the 4.00% standard rate, 4.35% in total when we read the page on October 14, 2026, with no stated end date. After six months the boost ends and the account earns whatever the standard rate is at that point, so for a long hold, the standard rate is the number to compare.

Bask pays 3.90% APY with no monthly account fees or minimum balance requirement, the lowest standard rate of the four on our October 14, 2026 read. Its new-customer boost adds 0.40% (4.30% APY that day) for up to six statement periods, but only if you open both Interest Savings and Interest Checking between October 1 and December 31, 2026.

Minimums and the friction of getting in

Pibank is an easy door to walk through: no minimum balance to open or to keep the rate, so you can start with any amount. The one gate is identity: its biometric ID check can deny an application.

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 on the terms we read on October 14, 2026 it is the only hard minimum in this group (EverBank: no minimum; Bask: no minimum).

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 top standard 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, with deposits likewise combined. 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 a few 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: 4.25% APY, no minimum, no fees, on an FDIC-insured charter. On our October 14, 2026 read, it is the cleanest offer here. EverBank is a close second at 4.20% for new accounts; choose it if you also want its CDs, including a 7-month term, at the same bank. Openbank's boost lasts six months on a 4.00% standard rate with $500 to open; take it if you will re-shop in the spring. Bask pays 3.90% with no fees, and its boost only makes sense if you want a Bask checking account too. For most savers, the decision is Pibank now, and a calendar reminder to check all four again when rates move.

FAQ

Which of these four accounts has the highest standard APY?
On the standard rates we read on October 14, 2026, Pibank Savings, at 4.25% APY flat with no minimum and no fees, just ahead of EverBank at 4.20% for new accounts. Openbank's and Bask's new-customer boosts lift their rates for a few months only.

Does EverBank promise to keep its savings rate competitive?
Not at any set level. The 4.20% is a variable new-account APY that EverBank says may not apply to existing accounts, so treat it like any other variable rate.

Do any of these accounts require a minimum deposit?
Openbank requires $500 to open. Pibank shows no minimum, EverBank no minimum, and Bask no minimum.

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 any of these rates 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.