EverBank
EverBank Performance Savings
The former TIAA Bank, back under its old name and paying near the top of the market
Insurance: FDIC insured up to $250,000 through EverBank, N.A.
Features
- ▸3.90% flat APY with no minimums and no caps
- ▸No monthly maintenance fees, no mobile deposit fees
- ▸Full bank under the hood: checking, money market, and CDs available
- ▸Performance Money Market sibling adds check writing if you need it
- ▸Florida-based bank with decades of history (formerly TIAA Bank, re-rebranded 2023)
- ▸Daily compounding
Pros
- +Consistently one of the top nationally available rates without gimmicks
- +Real chartered bank with a full product shelf, not a deposit-brand shell
- +No balance hurdles, activity requirements, or rename games
Cons
- −App and online experience are dated next to Ally or Openbank
- −Customer service hours and responsiveness get mixed reviews
- −Headline rate is pitched at new accounts; verify your rate periodically
Our Take
EverBank is the grown-up rate leader: a real bank paying 3.90% without hurdles, boosts, or expiration dates. It lacks the polish of the fintech apps and the ecosystem of Ally, but for the core job of holding cash at a top rate with boring reliability, it is arguably the strongest pure HYSA on this page. Check your statement rate twice a year, as with any bank advertising 'new account' APYs.
Best for: Set-and-forget savers who want a leader rate from a traditional chartered bank
Open at EverBank →Last verified 2026-06-11
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