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E*TRADE Premium Savings vs Vio Bank High Yield Online Savings

Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.

E*TRADE Premium Savings
Morgan Stanley Private Bank, N.A.
82/100
money8020 pick
Vio Bank High Yield Online Savings
Vio Bank (a division of MidFirst Bank)
94/100
TierStrongEssential
APY3.35%4.03%
Monthly fee$0$100
Minimum to open$0Yes
FDIC insuredYes
Annual fee
Best forSavers chasing a strong APYSavers chasing a top-of-market APY
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Which should you choose: the E*TRADE Premium Savings or the Vio Bank High Yield Online Savings?

The Vio Bank High Yield Online Savings is the stronger pick of the two, with a money8020 score of 94/100 versus 82. Choose the E*TRADE Premium Savings instead if savers chasing a strong APY.

On aPY, the E*TRADE Premium Savings shows 3.35% versus the Vio Bank High Yield Online Savings's 4.03%. On monthly fee, the E*TRADE Premium Savings shows $0 versus the Vio Bank High Yield Online Savings's $100. On minimum to open, the E*TRADE Premium Savings shows $0 versus the Vio Bank High Yield Online Savings's Yes. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.

FAQ

E*TRADE Premium Savings vs Vio Bank High Yield Online Savings: FAQ

Is the E*TRADE Premium Savings or the Vio Bank High Yield Online Savings better?

By our scoring, the Vio Bank High Yield Online Savings edges ahead with a money8020 score of 94/100 versus 82. The E*TRADE Premium Savings can still be the better fit if savers chasing a strong APY.

What is the main difference between the E*TRADE Premium Savings and the Vio Bank High Yield Online Savings?

On aPY, the E*TRADE Premium Savings offers 3.35% while the Vio Bank High Yield Online Savings offers 4.03%. Review the full table above and confirm current terms with each provider. This is not financial advice.