APY Comparison Calculator
See exactly how much more you'd earn by switching to a higher-yield account.
$
%
Chase, BofA, Wells = 0.01%
%
Top HYSA = 4%+
Current Account
(0.01% APY)
$2.50
per year
High-Yield Account
(4.00% APY)
$1,000
per year
By switching, you'd earn
$997.50
more per year
5 Years
+$4,988
10 Years
+$9,975
20 Years
+$19,950
Quick Comparisons
Why the Difference Is So Large
Traditional banks like Chase, Bank of America, and Wells Fargo pay just 0.01% APY—essentially zero. High-yield online banks pay 400x more.
On $25,000, this difference is nearly $1,000 per year. That's free money you're giving away by staying at a traditional bank.
Is It Safe to Switch?
Yes. All the banks we recommend are FDIC-insured up to $250,000—the same protection as Chase or Bank of America. Your money is equally safe.