High-Yield Savings Account Comparison

American Express vs. Presidential Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl

Updated December 6, 2025

Advertising Disclosure: We may earn a commission from partner links.

American Express

High Yield Savings Account

3.40%

APY

Dec 6, 2025

FDIC InsuredNo MinimumsGreat iOS App

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	Daily
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 27471)
Eligibility	United States
Mobile Ratings	iOS:4.9 Android:3.6
BBB Rating	F(Not BBB Accredited)

Rate Stability

Rate Adjusted

-0.10%

Since 30 days ago

Read Bank Overview

Presidential Bank

Advantage Savings

Up to

4.00%

APY

Dec 6, 2025

FDIC InsuredMod. MinimumDirect Deposit ReqChecking BundleGreat iOS AppGreat Android AppIn-Person Access

Range: 3.50% – 4.00%

Show Fine Print & Trends

Min. Deposit	$5,000
Min. Balance	N/A
Maintenance Fee	$0
Compound Freq	Monthly
Direct Deposit	Required (To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.)
Branch Access	10 locations in Maryland, Virginia and Washington D.C.
Deposit Insurance	FDIC Insured(Cert: 32363)
Eligibility	United States
Mobile Ratings	iOS:4.8 Android:4.1
BBB Rating	A-(Not BBB Accredited)

Rate Stability

30 days

↘︎ 0.25%

90 days

↘︎ 0.50%

Read Bank Overview

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.

See Top Rates

Comparison Analysis

Comparing American Express vs. Presidential Bank

Updated: Dec 6, 2025

Why American Express?

✓No checking account or direct deposit required

Why Presidential Bank?

✓Higher potential APY (4.00% vs 3.40%) on all balances
✓Physical branch access (10 locations in Maryland, Virginia and Washington D.C.)
✓Higher rated Android app (4.1 vs 3.6)

— Key Feature Differences —

Better Returns at $10,000

Presidential Bank

Presidential Bank's Advantage Savings earns more on smaller deposits (approx. $400 vs $340/yr).

Better Returns at $25,000

Presidential Bank

Presidential Bank's Advantage Savings pulls ahead with larger amounts (approx. $1000 vs $850/yr).

Best for Simplicity

American Express

American Express's High Yield Savings Account offers 3.40% APY with no bundling, direct deposit requirement or caps.

Best for All-in-One Banking

Presidential Bank

Presidential Bank's Advantage Savings pays a superior APY for customers who also open a checking account.

Best Mobile App Experience

American Express

American Express offers an iOS app rated 4.9 (vs. 4.8) and Android app rated 3.6 (vs. 4.1)

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers

The Bottom Line

Over a 1-year period, Presidential Bank's Advantage Savings pays $60 more interest on a $10,000 balance than American Express's High Yield Savings Account.

American ExpressPresidential Bank

Automated Data Audit

Executive Summary

Presidential Bank's Advantage Savings account offers a higher APY of 4.00% compared to American Express's High Yield Savings Account, which provides 3.40%. To qualify for the higher rate with Presidential Bank, customers must set up a monthly direct deposit of $500 into an Advantage Checking Account, with a minimum deposit requirement of $5,000. In contrast, American Express's account has no minimum deposit, maintenance fees, or direct deposit requirement, making it a simpler option for savers. Both accounts are FDIC insured, but American Express operates online only, while Presidential Bank offers a more traditional banking experience.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

ExploreAmerican Express ExplorePresidential Bank

Top Market Contenders

See who beats both American Express and Presidential Bank.

Compare All High-Yield Savings Accounts

Pibank

Pibank Savings

FDIC InsuredNo Minimums

4.60% APY

+0.60% vs Presidential Bank

Better Rate

Pibank vs American Express Pibank vs Presidential Bank

Neighbors Bank

Neighbors Savings Account

FDIC InsuredNo MinimumsGreat Android App

4.50% APY

+0.50% vs Presidential Bank

Better Rate

Neighbors Bank vs American Express Neighbors Bank vs Presidential Bank

Axos Bank

Axos ONE

FDIC InsuredNo MinimumsGreat iOS AppGreat Android App

4.31% APY

+0.31% vs Presidential Bank

Better Rate

Axos Bank vs American Express Axos Bank vs Presidential Bank

Feature	American Express	Presidential Bank
APY	3.40% Verified: 12/6/2025 ↘︎ 0.10%90d Change	4.00% Range: 3.50% - 4.00% Verified: 12/6/2025 ↘︎ 0.50%90d Change
Product Name	High Yield Savings Account	Advantage Savings
Minimum Deposit	$0	$5,000
Min. Balance for APY	$0	N/A
Monthly Fee	$0	$0
Branch Access	None	Yes
Account Type	Online Only	Online & Branches
Direct Deposit Req.	None	RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.
Checking Bundle	No	Yes
Mobile Apps	iOS4.9 Android3.6	iOS4.8 Android4.1
BBB Rating	F	A-
Next Steps	- View Details	- View Details

Savings Comparison

Calculations based on current APY.

Initial Deposit

Recurring Deposit

Frequency

Duration

Presidential Bank earns $384.2 more than American Express.

American Express

High Yield Savings Account

3.40% APY

Savings Breakdown

Interest Earned
+$2,050.50(10.2%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$20,050.50

Effective APY

3.40%

View Details

Presidential Bank

Advantage Savings

4.00% APY

Savings Breakdown

Interest Earned
+$2,434.70(11.9%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$20,434.70

Effective APY

4.00%

View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis

Metric	American Express	Presidential Bank
	High Yield Savings Account	Advantage Savings
Current APYMost recent advertised annual-percentage yield.	3.40%	4.00%
TrendDirection over the last 10 months (regression slope).	Stable	Stable
Velocity (bps/mo)Average monthly change; 10 bps = 0.10 pp.	-3.2	-2.3
Days Since ChangeRecency of the latest APY adjustment.	10	15
10-Month HighHighest APY in the last 318 days.	3.80%	4.50%
10-Month LowLowest APY in the last 318 days.	3.40%	4.00%
Adjustments / MoTypical number of APY moves per month.	0.38	0.19
Volatility ScoreCoefficient of variation (stdev ÷ mean). Lower is more stable.	0.030	0.031

How to read these metrics(Click to expand)

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 318-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

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Comparing against Standard Savings

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Compare Presidential Bank vs...

Comparing against other Bundled Accounts

vs Presidential Bank

Axos BankChecking Bundle

4.31%

APY

vs Presidential Bank

SoFi BankChecking Bundle

4.30%

APY

vs Presidential Bank

UFB DirectChecking Bundle

3.71%

APY

More Comparisons

Compare American Express' APY of 3.40% with other banks

Bank Pair	Competitor APY	Min Deposit
American Express vs Ally Bank	3.30%	$0
American Express vs Axos Bank	4.31%	$0
American Express vs Bank of America	0.01%	$100
American Express vs Barclays	4.00%	$0
American Express vs Bask Bank	3.90%	$0
American Express vs BMO Alto	3.25%	$0
American Express vs BrioDirect	4.00%	$5,000
American Express vs Capital One	3.40%	$0
American Express vs Chase Bank	0.01%	$0
American Express vs Chime	3.50%	$0
American Express vs CIT Bank	3.75%	$100
American Express vs Citibank	3.30%	$0
American Express vs Citizens Access™	3.35%	$0.01
American Express vs Climate First Bank	4.21%	$50
American Express vs Discover Bank	3.40%	$0
American Express vs Elevault	4.08%	$0
American Express vs EverBank	4.05%	$0
American Express vs Fitness Bank	4.75%	$100
American Express vs FNBO Direct	3.00%	$1
American Express vs Forbright Bank	4.00%	$0
American Express vs FVCbank	3.85%	$500
American Express vs GO2bank	4.50%	$0
American Express vs Ivy Bank	4.25%	$2,500
American Express vs LendingClub	4.20%	$0
American Express vs Marcus by Goldman Sachs	3.65%	$0
American Express vs Neighbors Bank	4.50%	$0
American Express vs Newtek Bank	4.35%	$0.01
American Express vs Openbank	4.20%	$500
American Express vs Peak Bank	4.20%	$100
American Express vs Pibank	4.60%	$0
American Express vs PNC	3.53%	$0
American Express vs Quontic Bank	3.75%	$100
American Express vs Salem Five Direct	3.71%	$10
American Express vs Santander Bank	0.01%	$25
American Express vs SoFi Bank	4.30%	$0
American Express vs Synchrony Bank	3.65%	$0
American Express vs TIMBR	4.40%	$1,000
American Express vs UFB Direct	3.71%	$5000
American Express vs Valley Direct	4.10%	$1,000
American Express vs Varo Bank	5.00%	$0
American Express vs Vio Bank	4.16%	$100
American Express vs Wealthfront	4.15%	$0
American Express vs Wells Fargo	0.05%	$25
American Express vs Zynlo Bank	4.05%	$10

Compare Presidential Bank's APY of 4.00% with other banks

Bank Pair	Competitor APY	Min Deposit
Presidential Bank vs Ally Bank	3.30%	$0
Presidential Bank vs Axos Bank	4.31%	$0
Presidential Bank vs Bank of America	0.01%	$100
Presidential Bank vs Barclays	4.00%	$0
Presidential Bank vs Bask Bank	3.90%	$0
Presidential Bank vs BMO Alto	3.25%	$0
Presidential Bank vs BrioDirect	4.00%	$5,000
Presidential Bank vs Capital One	3.40%	$0
Presidential Bank vs Chase Bank	0.01%	$0
Presidential Bank vs Chime	3.50%	$0
Presidential Bank vs CIT Bank	3.75%	$100
Presidential Bank vs Citibank	3.30%	$0
Presidential Bank vs Citizens Access™	3.35%	$0.01
Presidential Bank vs Climate First Bank	4.21%	$50
Presidential Bank vs Discover Bank	3.40%	$0
Presidential Bank vs Elevault	4.08%	$0
Presidential Bank vs EverBank	4.05%	$0
Presidential Bank vs Fitness Bank	4.75%	$100
Presidential Bank vs FNBO Direct	3.00%	$1
Presidential Bank vs Forbright Bank	4.00%	$0
Presidential Bank vs FVCbank	3.85%	$500
Presidential Bank vs GO2bank	4.50%	$0
Presidential Bank vs Ivy Bank	4.25%	$2,500
Presidential Bank vs LendingClub	4.20%	$0
Presidential Bank vs Marcus by Goldman Sachs	3.65%	$0
Presidential Bank vs Neighbors Bank	4.50%	$0
Presidential Bank vs Newtek Bank	4.35%	$0.01
Presidential Bank vs Openbank	4.20%	$500
Presidential Bank vs Peak Bank	4.20%	$100
Presidential Bank vs Pibank	4.60%	$0
Presidential Bank vs PNC	3.53%	$0
Presidential Bank vs Quontic Bank	3.75%	$100
Presidential Bank vs Salem Five Direct	3.71%	$10
Presidential Bank vs Santander Bank	0.01%	$25
Presidential Bank vs SoFi Bank	4.30%	$0
Presidential Bank vs Synchrony Bank	3.65%	$0
Presidential Bank vs TIMBR	4.40%	$1,000
Presidential Bank vs UFB Direct	3.71%	$5000
Presidential Bank vs Valley Direct	4.10%	$1,000
Presidential Bank vs Varo Bank	5.00%	$0
Presidential Bank vs Vio Bank	4.16%	$100
Presidential Bank vs Wealthfront	4.15%	$0
Presidential Bank vs Wells Fargo	0.05%	$25
Presidential Bank vs Zynlo Bank	4.05%	$10