Axos Bank vs Presidential Bank
High-Yield Savings Accounts Comparison
Last Updated: August 8, 2025
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Summary of Axos Bank vs. Presidential Bank
As of August 8, 2025 Axos Bank offers an APY of 4.46% for its Axos ONE account, compared to Presidential Bank's 4.50% APY for its Advantage Savings account.
Presidential Bank yields $4 more than Axos Bank on a $10,000 balance after one year. Axos Bank pays $446, while Presidential Bank pays $450 - an APY advantage for Presidential Bank.
In addition, Axos Bank also offers 4.00% APY for the Summit Savings account.
Axos Bank
Strengths
- Axos Bank offers a higher APY of 4.46% compared to Presidential Bank's 4.50%.
- Axos Bank has an A+ BBB rating and is BBB Accredited.
- Axos Bank has no minimum deposit requirement for its accounts.
Potential Drawbacks
- Axos Bank's APY decreased from 4.66% in the last 30 days.
- Axos Bank has no physical branches, being online-only.
- To earn the highest APY, Axos Bank requires a direct deposit or qualifying deposits.
Presidential Bank
Strengths
- Presidential Bank has 10 physical branches in Maryland, Virginia, and Washington D.C.
- Presidential Bank maintains a consistent APY of 4.50% over the last 30 days.
- Presidential Bank's App Store rating is higher at 4.8.
Potential Drawbacks
- Presidential Bank has a lower BBB rating of B- and is not BBB Accredited.
- To earn the higher APY, a direct deposit into an Advantage Checking Account is required.
- Presidential Bank requires a minimum deposit of $5,000 for its Advantage Savings account.
Summary: Axos Bank offers a competitive APY of 4.46% but has no physical branches and requires qualifying deposits for the highest rate. Presidential Bank provides a slightly higher APY of 4.50% with physical locations, but requires a $5,000 minimum deposit and has a lower BBB rating of B-. Both banks have specific direct deposit requirements impacting their APY offerings.
Compare Axos Bank's vs Presidential Bank's Savings Accounts
| Axos Bank | Presidential Bank | ||||
|---|---|---|---|---|---|
| Product | Axos ONE | Summit Savings | High Yield Savings | vs | Advantage Savings |
| APY | 4.46% (as of 8/8/2025) | 4.00% (as of 8/8/2025) | 0.61% (as of 8/8/2025) | 4.00% - 4.50% (as of 8/8/2025) | |
| Bundled Account | Yes | No | No | Yes | |
| FDIC-insured | Yes | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Daily | Monthly | |
| Minimum Deposit | $0 | $0 | $0 | $5,000 | |
| Minimum Balance for APY | $0 | $0 | $0 | N/A | |
| Maintenance Fee | $0 | $0 | $0 | $0 | |
| Direct Deposit Required | No. Not required, but is the easiest way to earn the highest APY. | No | No | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | |
| Note | This APY is only available with the Axos ONE savings and checking bundle. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | ||||
| Sponsored Link | LEARN MORE at Axos Bank, Member FDIC | ||||
| App Store Rating | 4.7/5 | 4.8/5 | |||
| Google Play Rating | 4.4/5 | 4.2/5 | |||
| BBB Rating | A+ | B- | |||
Comparative Historical APY Insights (Last 8 Months)
| Axos Bank | Presidential Bank | ||||
|---|---|---|---|---|---|
| Product | High Yield Savings | Summit Savings | Axos ONE | vs | Advantage Savings |
| Latest APY | 0.61 % | 4.00 % | 4.46 % | 4.50 % | |
| Trend | Sideways | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -0.0 | 0.0 | -4.5 | 0.0 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.25 | 0.00 | |
| Days Since Last Change | 215 | 42 | 10 | 235 | |
| High (-8 m) | 0.61 % | 4.00 % | 4.86 % | 4.50 % | |
| Low (-8 m) | 0.61 % | 4.00 % | 4.46 % | 4.50 % | |
| Draw-down from High | 0.0 % | 0.0 % | -8.2 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.024 | 0.000 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-8 m)
- Highest APY in the last 236 days.
- Low (-8 m)
- Lowest APY in the last 236 days.
- Draw-down from High
- How far today sits below the 8-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Calculate Savings Growth for Axos Bank vs Presidential Bank
All calculations are based on APY.
Axos Bank
APY: 4.46%
Total savings breakdown:
- Interest earned: $2,733.9 (13.19%)
- Total contributions: $13,000 (62.70%)
- Initial deposit: $5,000 (24.12%)
Your total balance
$20,733.90
Effective APY: 4.46% (based on your deposit and contributions)
Total balance: $20,733.9
Earnings: $2,733.9
Presidential Bank
APY: 4.50%
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Axos Bank's total earnings would be $26.2 lower than Presidential Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare Axos Bank's APY of 4.46% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Axos Bank vs Ally Bank | 3.50% | $0 |
| Axos Bank vs American Express | 3.50% | $0 |
| Axos Bank vs Bank of America | 0.01% | $100 |
| Axos Bank vs Barclays | 4.10% | $0 |
| Axos Bank vs Capital One | 3.50% | $0 |
| Axos Bank vs Chase Bank | 0.01% | $0 |
| Axos Bank vs Chime | 3.75% | $0 |
| Axos Bank vs CIT Bank | 4.00% | $100 |
| Axos Bank vs Discover Bank | 3.50% | $0 |
| Axos Bank vs Fitness Bank | 4.85% | $100 |
| Axos Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Axos Bank vs SoFi Bank | 3.80% | $0 |
| Axos Bank vs Synchrony Bank | 3.80% | $0 |
| Axos Bank vs Varo Bank | 5.00% | $0 |
| Axos Bank vs Wells Fargo | 2.51% | $25 |
Compare Presidential Bank's APY of 4.50% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Presidential Bank vs Ally Bank | 3.50% | $0 |
| Presidential Bank vs American Express | 3.50% | $0 |
| Presidential Bank vs Bank of America | 0.01% | $100 |
| Presidential Bank vs Barclays | 4.10% | $0 |
| Presidential Bank vs Capital One | 3.50% | $0 |
| Presidential Bank vs Chase Bank | 0.01% | $0 |
| Presidential Bank vs Chime | 3.75% | $0 |
| Presidential Bank vs CIT Bank | 4.00% | $100 |
| Presidential Bank vs Discover Bank | 3.50% | $0 |
| Presidential Bank vs Fitness Bank | 4.85% | $100 |
| Presidential Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Presidential Bank vs SoFi Bank | 3.80% | $0 |
| Presidential Bank vs Synchrony Bank | 3.80% | $0 |
| Presidential Bank vs UFB Direct | 4.21% | $5000 |
| Presidential Bank vs Varo Bank | 5.00% | $0 |
| Presidential Bank vs Wells Fargo | 2.51% | $25 |