Vio Bank 2.07% APY Savings Account – Available Nationwide

Update 11/6/19: Down to 2.07%

Update 10/12/19: Down to 2.27%.

Update 9/25/19: ACH limits have been increased:  $25K daily and $100k Monthly

Update 9/20/19: Rate fell from 2.52% to 2.42% due to fed rate cut.

Offer at a glance

  • Interest Rate: 2.52% APY
  • Minimum Balance: $100
  • Maximum Balance: $250,000 (FDIC limit)
  • Availability: Nationwide
  • Hard/soft pull: Soft
  • ChexSystems: Yes (Chex sensitive)
  • Credit card funding: Unknown
  • Monthly fees: None
  • Insured: FDIC

The Offer

Direct link to offer

  • Vio Bank offers a high yield savings account Account with an interest rate of 2.52% APY.


The Fine Print

  • Only $100 minimum to open.
  • 6 free withdrawals per monthly statement cycle (like all savings accounts)
  • Interest earned will be reported on a form 1099-INT.

Avoiding Fees

This account has no monthly fee.

Our Verdict

It’s fun watching the rates creep up; it took a while until we got to 2.50%, then it held there for a bit, until recently it crept up to 2.51% and now 2.52%. Ultimately, these tiny additions are insignificant, but we’ll usually put out a post when a new top-rate is reached. Vio was previously at 2.46% and now at 2.52%, so they seem to be intent on remaining competitive.

If anyone has used this bank, please share your experiences in the comments below. Check out our list of Best High Yield Savings Accounts for a full comparison list.

Thanks to reader Ken

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oldest most voted

Lynnie (@guest_1802518)
February 24, 2024 11:05

The current rate is 5.3%

wan (@guest_1013665)
July 10, 2020 12:20

Now 1.11% as of jul 10 2020

wan (@guest_1029371)
August 4, 2020 09:05

And now 1.05% as of Aug 4 2020

Aaron W Peters
Aaron W Peters (@guest_1152703)
March 1, 2021 16:10

0.57% as of March 1st 2021…

Brach (@guest_963635)
April 24, 2020 09:08

Beware that deposits to Vio from external transfers you initiate from Vio are subject to a hold of at least 5 business days. My $100 opening deposit, which Vio pulled from BofA, was deposited to Vio on 4/16/20 but not available for withdrawal until 4/24/20.

Elle S
Elle S (@guest_950345)
April 2, 2020 10:33

Is there an early termination fee? With the recent cuts across the board and my HY Checking in the dumps, I’m gonna simplify and just do a savings account. But I want to make sure I can move my money around easily.

Debating between this one and First Foundation since both have some of the highest saving rates consistently. Can anyone compare based on experience?

JC (@guest_961002)
April 20, 2020 21:22

No such thing on their savings account. Just empty it before you call to close it. I had this acct since the days when it yielded 3%, closed it last week since their rate is 1.7%

IXO (@guest_879465)
January 17, 2020 12:24

Note that Vio Bank has no hold on incoming transfers initiated from another bank, only ones you initiate from within their own website (5 business days). ACH transfers from an outside bank are also not limited in terms of amounts.

IXO (@guest_872608)
January 11, 2020 17:00

Two things I really like about Vio Bank; they actively try to get the best interest rate and seem to actually let it fall slower than other banks and raise it as soon as possible, and, their customer service phone representatives are quite friendly and knowledgeable and based in the midwest USA.

JohnyBGood (@guest_872513)
January 11, 2020 15:30


SandraE (@guest_872164)
January 11, 2020 08:12

So I am new to online banking and want to get a HYS account but not sure if Vio or any bank has fees for direct deposits from employers, does anyone know?

KayV (@guest_1020373)
July 21, 2020 13:16

I’ve been doing direct deposit for months and no fees so far!

Jay (@guest_836444)
November 6, 2019 09:42

 Chuck The rate fell to 2.07.

Harold (@guest_822844)
October 11, 2019 08:17

The rate fell to 2.27% today.

Lifz (@guest_824136)
October 12, 2019 18:05

 William Charles just including you so you see this – rates fell again 🙁