EverBank Review 2026: Checking, Savings and CDs
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Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own.
Many or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not influence our evaluations or ratings. Our opinions are our own.
Overview
EverBank gives savers some nice options for online accounts nationwide. Its CD rates are competitive, as is its high-yield savings account. For customers who want in-person support, the bank has some branches, but they’re restricted to California and Florida, with one branch in New York. Note that EverBank Performance® Savings, which has a strong rate, is only available online and via phone.
No overdraft fees.
No monthly fees.
Competitive rate on savings and some certificates of deposit.
Large, free, nationwide ATM network.
ATM fee rebates.
Limited branch access.
Product reviews
Savings
Strong APY. The EverBank Performance® Savings account offers a competitive 3.90% annual percentage yield on all balances. This rate is higher than you’ll find at some big banks, and on par with some of the best rates from other online banks.
No minimums or monthly fee. There is no minimum deposit needed to open an account, and there is no monthly fee.
» Want more options? Check out NerdWallet’s best high-yield online savings accounts
EverBank Performance® Savings
Checking
No monthly fee, but there’s a minimum to open. You need $100 to open an EverBank Performance® Checking account, which is fairly high compared to other online banks’ checking accounts.
Notable checking rate. You’ll earn 0.25% APY on your balance, which is decent considering that most checking accounts don’t earn interest.
» Check out the best online checking accounts
Big ATM network and fee refunds. EverBank offers more than 80,000 fee-free ATMs, and if your balance is less than $5,000, the bank will reimburse up to $15 in non-network ATM fees. If your daily average balance is more than that, reimbursements are unlimited.
Fast transfers, many deposit options. EverBank belongs to the Zelle network which offers free same-day transfers between banks. (See more banks that use Zelle.) You can deposit money through cash deposits at a branch or ATM, direct deposit, online transfers, wire transfers, mobile check deposits or by sending a check through the mail.
EverBank Performance® Checking
Certificates of deposit
Wide range of strong CD rates. EverBank has terms from three months to five years, with a focus on shorter terms. Yields tend to be in line with other online banks and far higher than the national average rates for CDs.
» COMPARE: Best CD rates
Somewhat low opening minimum. To open an EverBank Performance® CD, you’ll need at least $1,000, which is a fairly common minimum.
Full List of CD Rates
| Term | APY | Min Deposit |
|---|---|---|
| 3 months | 3.60% | $1,000 |
| 6 months | 3.60% | $1,000 |
| 7 months | 4.00% | $1,000 |
| 9 months | 3.40% | $1,000 |
| 1 year | 3.40% | $1,000 |
| 13 months | 3.60% | $1,000 |
| 1.5 years | 3.40% | $1,000 |
| 2 years | 3.40% | $1,000 |
| 2.5 years | 3.40% | $1,000 |
| 3 years | 3.40% | $1,000 |
| 4 years | 3.40% | $1,000 |
| 5 years | 3.40% | $1,000 |
EverBank Performance® CD
Customer experience & overdraft fees
Customer experience
Extended support hours. Representatives are available by phone on weekdays from 8 a.m. to 10 p.m. and on Saturdays from 9 a.m. to 7 p.m. ET.
High app ratings. The mobile app offers check deposit and bill pay, and has high ratings in the app stores.
» See more options on our list of best online banks
Small branch network, big ATM network. There are about 40 branches across northern and southern California and Florida as well as one location in New York. Beyond those branches, EverBank offers free access to more than 80,000 ATMs, plus the previously mentioned fee reimbursements for out-of-network ATMs.
Web experience
StrongMobile apps
Highly ratedPhone support
Monday through Friday, 8 a.m. to 8 p.m. ET; Saturday, 9 a.m. to 7 p.m. ETBranches
Online onlyOverdraft fees
No overdraft fees. EverBank doesn’t charge an overdraft or nonsufficient funds fee if you overdraw your account. It generally declines transactions that would lead to a negative account balance.
» Check out our list of the best banks for overdrafts
Free overdraft program. The bank's overdraft protection program offers free overdraft transfers from a linked savings account.
Rating methodology
How we rate banks and credit unions
Banking writers and editors use an objective methodology to rate banks, credit unions, and other providers, and to recommend the best products.
100+
Financial institutions reviewed
100+
Financial institutions reviewed
We took a close look at around 100 financial institutions and financial service providers, including the largest U.S. banks based on assets, internet search traffic and other factors; the nation’s largest credit unions, based on assets and membership; and other notable players in the industry. We rated them on criteria including annual percentage yields, minimum balances, fees, digital experience and more.
30+
Categories assessed
30+
Categories assessed
Each provider is evaluated across five weighted categories and 30 subcategories, including checking and savings accounts, certificates of deposit, customer experience, and overdraft services. For banks or credit unions without one or more types of accounts, the overall rating is modified to include only applicable categories. Institutions are not penalized if they don't offer every type of account.
60+
Data points analyzed
60+
Data points analyzed
We considered more than 60 data points for each provider. Depending on the category, these included account fees and rates (such as annual percentage yields), ATM and branch access, account features, account bonuses, customer service access and user-facing technology, such as innovative tools and mobile apps. We gathered this information for each financial institution from its website, a media representative or both.
Star rating categories
The review team is made up of seasoned writers and editors who cover personal banking deposit accounts, such as checking, savings and certificates of deposit, as well as related banking services, such as overdraft programs and ATM networks. For providers without one or more types of accounts, the overall rating is modified to include only applicable categories. Institutions are not penalized if they don't offer every type of account.
Financial institutions and providers surveyed are: Affirm, All America Bank, Alliant Credit Union, Ally Bank, Alto, Amalgamated Bank, American Express National Bank, Andrews Federal Credit Union, Associated Bank, Axos Bank, Bank of America, Bank5 Connect, Barclays, Bask Bank, BMO, Boeing Employees Credit Union, Bread Savings®, BrioDirect, Capital One, Cash App, CFG Bank, Charles Schwab Bank, Chase, Chime, CIBC U.S., CIT Bank, Citibank, Citizens Access, Citizens Bank, Climate First Bank, ConnectOne Bank, Connexus Credit Union, Consumers Credit Union, Current, Customers Bank, Discover® Bank, E*TRADE, EverBank, Fifth Third Bank, First Foundation, First Internet Bank, First Tech Federal Credit Union, FNBO Direct, Forbright Bank, FourLeaf Federal Credit Union, GO2bank, Golden 1 Credit Union, Hope Credit Union, HSBC Bank, Huntington Bank, Ivy Bank, KeyBank, Lake Michigan Credit Union, LendingClub Bank, Live Oak Bank, M&T Bank, Marcus by Goldman Sachs, My Banking Direct, NASA Federal Credit Union, Navy Federal Credit Union, NBKC, Newtek Bank, OMB Bank, OnePay, Openbank, PayPal, Peak Bank, Pentagon Federal Credit Union, PNC, Poppy Bank, Popular Direct, Quontic Bank, Regions Bank, Revolut, Salem Five Direct, Sallie Mae Bank, Santander Bank, SchoolsFirst Federal Credit Union, Security Service Federal Credit Union, Securityplus Federal Credit Union, Self-Help Credit Union, Service Credit Union, SoFi, State Employees’ Credit Union of North Carolina, Synchrony Bank, TAB Bank, TD Bank, Truist Bank, U.S. Bank, UFB Direct, Upgrade, USAA Bank, Valley Bank, Varo, Venmo, Vio Bank, Wells Fargo, Western Alliance Bank, Zolve and Zynlo Bank.
NerdWallet does not receive compensation for our star ratings. Read more about our ratings methodologies for banks and credit unions and our editorial guidelines.