BrioDirect Review 2023
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At a glance

CDs
Savings
MMA
About Bankrate Score
Overview
BrioDirect is best for consumers looking for an online bank with a competitive yield on a savings account and no monthly fees.
Highlights
- Highly Rated App
- High APY
- No Monthly Fees
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Overall
BrioDirect is an online bank that offers CDs, a money market account and a savings account. The savings account earns a high yield, yet those seeking competitive rates on a money market account or CDs should look elsewhere. The bank does not offer a checking account to new customers, nor do money market account holders have check-writing privileges.
Note: BrioDirect is not currently accepting new applications for its savings and money market account products. These accounts may reopen soon, but the bank doesn’t have a firm date yet, according to a BrioDirect spokesperson.
Pros
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BrioDirect offers competitive yields on its savings account.
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The money market account and CDs have relatively low minimum deposits.
Cons
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BrioDirect is not accepting applications for its savings and money market accounts at this time.
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Other banks require lower minimum deposits on savings accounts.
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The bank's money market account doesn’t offer check writing.
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No checking account is available to new customers.
BrioDirect banking products
FEATURES
APY, or annual percentage yield, is the yearly return on a bank or investment account. APY as of 9/23/2023
BrioDirect savings overview
Note: BrioDirect is not currently accepting new applications for its savings and money market account products. While the accounts may be available again soon, the bank doesn’t have a firm date yet, according to a BrioDirect spokesperson.
Pros
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The account pays a competitive yield.
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There’s no monthly service fee.
Cons
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Applications for the savings account are not being taken at this time.
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The $500 opening deposit requirement is high compared to some banks.
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Higher-yielding options are available at some other banks.
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See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
BrioDirectAPYAPYNational average APYSee table viewHow do we get this data?
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.

APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 5/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Bank fees
Fee | Charged? | |
---|---|---|
Overdraft fee | $35 | |
Non-sufficient funds fee | $35 | |
Monthly maintenance fees | None | |
Out-of-network ATM fee | Rebates up to $20 per month in ATM surcharges imposed by other banks | |
Excessive transaction fee | $10 |
About BrioDirect
BrioDirect is a no-frills online subsidiary of FDIC-insured Webster Bank that offers just three types of deposit products: a savings account, a money market account and a range of CDs. The straightforward account application process takes just a few minutes, and you can fund your account by transferring money from another bank, mailing a check or wiring money.
Bank experience
BrioDirect customer service is available on weekdays from 8 a.m. to 8 p.m. Eastern and on Saturdays from 8:30 a.m. to 3 p.m.
With the BrioDirect app, customers can access their accounts and send and receive money with Zelle. The iOS version of the app is more highly rated than the Android version, but both score well. The app can be used to pay bills, deposit checks, transfer money and view transactions.
How BrioDirect compares to other banks
BrioDirect vs. Vio Bank
BrioDirect and Vio Bank are both digital banks that don’t operate branches, so both could be a good choice for anyone who’s comfortable with banking entirely online.
Both banks pay above average yields on their savings accounts, although BrioDirect’s account earns a significantly higher rate. However, note that BrioDirect is currently not taking new applications for its savings account.
When it comes to CDs, Vio Bank offers a wider range of terms than BrioDirect. Vio Bank’s CDs also pay more competitive rates than those from BrioDirect.
BrioDirect is not taking checking account applications at this time; nor does Vio Bank include a checking account in its product lineup.
BrioDirect FAQs
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.