Newtek Bank vs Mitten

Newtek Bank High-Yield Savings pays 4.20% APY; Mitten High-Yield Savings pays 4.01%. Trade-offs depend on what you prioritize — see the breakdown below.

Option A

Newtek Bank

4.20%
APY
Min
$0
Fee
$0/mo
FDIC
Yes
Best for: rate-maximizing savers
Open with Newtek Bank
Option B

Mitten

4.01%
APY
Min
$5
Fee
$0/mo
FDIC
Yes
Best for: savers prioritizing brand familiarity
Open with Mitten

How this comparison was built

Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 9/6/2026.