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BrioDirect vs Varo Bank

Head-to-head comparison of BrioDirect High-Yield Savings and Varo Savings Account, updated daily.

Varo Bank currently wins on APY: 5.00% vs 4.85%

FeatureBrioDirectUpdated 1d agoVaro BankUpdated 1d ago
APY4.85%5.00%
Min opening deposit$5,000$0
Min balance for APY$25$0
Monthly fee$0.00$0.00
InsuranceFDICFDIC
Compoundingdailydaily
ATM accessNoYes
Check writingNoNo
Mobile appYesYes
Editor rating4.4 / 54.2 / 5

BrioDirect verdict

BrioDirect currently leads the pack on APY in April 2026, and it has been at or near the top for over a year — this is not a teaser rate that disappears in 90 days. The catch is the $5,000 minimum opening deposit, which makes this a poor fit for someone just starting their emergency fund.

Read full BrioDirect review →

Varo Bank verdict

Varo offers the highest headline APY on our list, but the conditions are strict: you need direct deposit, qualifying debit card spend, and the rate only applies to the first $5,000. For users who can meet those conditions on a small emergency fund, Varo is mathematically the best option. For larger balances, look elsewhere.

Read full Varo Bank review →