Chime vs. Otus: savings rates compared
Chime Savings pays 1.00% APY. Otus pays 6.00% today. Starting with $25,000 and adding $100 a month, that's $61,003 versus $40,228 after 10 years.
Chime
Chime Savings
1.00%
APY · checked Oct 6, 2026
Standard rate; 3.00–4.00% with qualifying direct deposits.
Otus
Guardian, average of the top 10 vaults
6.00%
APY today · live from our vaults
+5.00 pts vs. Chime
What your money would grow to
Added at the end of every month, at your bank and at Otus.
Chime in 10 years
Otus in 10 years
more with Otus
Otus
You put in
Extra
- Otus · 6.00%
- Chime · 1.00%
- What you put in:
Side by side
| Feature | Chime | Otus |
|---|---|---|
| APY | 1.00%Standard rate; 3.00–4.00% with qualifying direct deposits. | 6.00%Average of the top 10 Guardian vaults today |
| Account | Chime Savings | Otus Guardian: onchain lending vaults, rebalanced automatically |
| FDIC insurance | Yes, through partner banks | No |
| Rate checked | Oct 6, 2026 · Chime's site | Live · Transparency page |
Questions
Does Otus pay more than Chime?
Today, yes: 6.00% APY at Otus versus 1.00% at Chime. Starting with $25,000 and adding $100 a month, that's about $20,776 more after 10 years if both rates held, and they won't: rates change.
Is Otus a bank?
No. Otus isn't a bank and isn't FDIC-insured. Chime Savings is FDIC-insured through partner banks.
Where does the 6.00% come from?
It's today's average APY across the top 10 Otus Guardian vaults, the same number we publish on our Transparency page. It moves with the vaults.
What does Otus cost?
Otus Guardian is $5/month flat, no percentage of assets. You can start with $10, and there are no lock-ups, no exit fees and no waiting periods. The estimates on this page don't subtract the $5/month.
How current is Chime's rate?
We last checked it on Oct 6, 2026. Chime can change it at any time, so confirm on their site before you move money.
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Wells Fargo vs. OtusChime's rate was last checked Oct 6, 2026 and may have changed since; see Chime's site for today's rate. The Otus rate (6.00%) is today's average APY across the top 10 Otus Guardian vaults, the same number on our Transparency page. Rates vary and aren't guaranteed. Estimates compound monthly, with deposits added at the end of each month, and assume today's rates hold for the whole period, which they won't. They don't subtract the Otus Guardian fee of $5/month. Otus isn't a bank and isn't FDIC-insured.
Try it with just $10
Keep Chime for your bills and let a small amount show you the difference.
