Rate Gap Calculator — See What Your Bank Is Costing You
See the exact dollar amount your bank costs you every year. The average savings account pays 0.46%. The best HYSAs pay 4.40%.
You earn 0.46% on $25,000, but the best HYSA pays 4.40%.
That is a leak of $985 per year, or $9,850 over a decade.
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Coach Insight
The national average savings account pays 0.46% APY. The best HYSAs pay 4.40%. On $25,000, that gap is $985 per year — for doing nothing except switching accounts.
FDIC insured
High-yield savings accounts carry the same $250K FDIC protection as any big bank. Your money is safe.
8 minutes to switch
Opening a top savings account takes under 10 minutes online. No branch visit. No paperwork. Most fund same-day.
No credit impact
Switching savings accounts does not trigger a hard credit pull. It has zero effect on your credit score.
Frequently Asked Questions
Everything you need to know.
Related Calculators
Why This Matters
The national average savings account pays 0.46% APY. The best HYSAs pay 4.40%. On $25,000, that gap is $985 per year — for doing nothing except switching accounts.
How to Use It
- 1Enter your current savings balance
- 2Enter your current APY (check your bank app or last statement)
- 3Enter the best available rate — we show live rates below
- 4See your annual Rate Gap and 5-year opportunity cost
Find the best account for this goal
Money Map matches your numbers to the strongest available accounts in 90 seconds.
Ready to take the next step?
Compare rates, run Money Map, or explore the full SwitchWize toolkit.