Savings Studio
Your savings could
earn more.
See whether switching is worth it. Compare rates, check the costs, and keep track of the interest you earn.
Interest you’ve recorded
$0.00
Add your first interest payment to start tracking what you earn.
A quick check once a month
Update your numbers, record your interest and choose your next review.
See what you could earn
Example inputsEnter your balance and annual percentage yield (APY) from your bank statement. Choose how much extra interest would make switching worthwhile.
Transfer and switching assumptions
Your current account is modeled with no monthly fee. Contributions arrive at month end. During a transfer delay, money is modeled at your current APY. Adjust the cost for fees or lost access.
Your next step
Switching meets your extra-interest target.
Potential extra over 6 months after modeled fees and switching cost
+$528
Peak Bank Envision High Yield Savings · 4.27% APY · $25,000 considered for transfer. Rates can change.
Estimated interest if you stay
$0
Estimated interest if you switch
$528
Some account details still need checking, including fees, balance limits and who can open it. Confirm them with the bank before switching. This is an estimate, not a confirmed account offer.
Rehearse with terms I have checked
Save your plan, download a copy or delete it from this browser.
When is switching worth it?
When the extra interest over your time horizon clears your chosen threshold after fees, switching costs and access needs. A higher APY alone does not settle the decision.
What should I check each month?
Record the interest your bank paid, update your goals and check your current rate. Set a reminder for your next review.
What is verified?
Published observations, your assumptions and manual receipts are separate. Complete reviewed account terms and long-enough rate history are not currently available for these comparisons.
Read the methodology →