Axos Bank vs Presidential Bank
High-Yield Savings Accounts Comparison
Last Updated: July 16, 2025
Summary of Axos Bank vs. Presidential Bank
As of July 16, 2025 Axos Bank offers an APY of 4.66% for its Axos ONE account, compared to Presidential Bank's 4.50% APY for its Advantage Savings account.
Axos Bank yields $16 more than Presidential Bank on a $10,000 balance after one year. Axos Bank pays $466, while Presidential Bank pays $450 - an APY advantage for Axos 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 4.66% with the Axos ONE account.
- Axos Bank has an A+ BBB rating and is BBB Accredited.
- No minimum deposit or balance requirements for all accounts at Axos Bank.
Potential Drawbacks
- Axos Bank has no physical branches.
- The Axos ONE account requires either a direct deposit or qualifying deposits to earn the highest APY.
- Lower APY of 0.61% available with the High Yield Savings account.
Presidential Bank
Strengths
- Presidential Bank has 10 physical branches in Maryland, Virginia, and Washington D.C.
- Presidential Bank offers a competitive APY of 4.5% with the Advantage Savings account.
- No maintenance fees for the Advantage Savings account.
Potential Drawbacks
- Presidential Bank has a B- BBB rating and is not BBB Accredited.
- A minimum deposit of $5,000 is required to open the Advantage Savings account.
- The higher APY requires a monthly direct deposit into an Advantage Checking Account.
Summary: Axos Bank provides a superior APY of 4.66% with no branch presence and no minimum deposit, but requires direct deposits for the highest rate. In contrast, Presidential Bank has physical branches and a solid APY of 4.5%, but requires a $5,000 minimum deposit and has a lower BBB rating. Overall, Axos Bank may appeal more to those seeking higher returns without minimums, while Presidential Bank offers branch access.
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 | 4.66% (as of 7/16/2025) | 4.00% (as of 7/16/2025) | 0.61% (as of 7/16/2025) | 4.00% - 4.50% (as of 7/16/2025) | |
| 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. | N/A | N/A | N/A | |
| Visit Bank | Axos ONE | Summit Savings | High Yield Savings | Advantage Savings | |
| 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 7 Months)
| Axos Bank | Presidential Bank | ||||
|---|---|---|---|---|---|
| Product | High Yield Savings | Summit Savings | Axos ONE | vs | Advantage Savings |
| Latest APY | 0.61 % | 4.00 % | 4.66 % | 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 | 0.14 | 0.00 | |
| Days Since Last Change | 189 | 16 | 106 | 209 | |
| High (-7 m) | 0.61 % | 4.00 % | 4.86 % | 4.50 % | |
| Low (-7 m) | 0.61 % | 4.00 % | 4.66 % | 4.50 % | |
| Draw-down from High | 0.0 % | 0.0 % | -4.1 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.021 | 0.000 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 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 (-7 m)
- Highest APY in the last 211 days.
- Low (-7 m)
- Lowest APY in the last 211 days.
- Draw-down from High
- How far today sits below the 7-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: 4.66%
Total savings breakdown:
- Interest earned: $46.6 (4.45%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.55%)
Your total balance
$1,046.60
Effective APY: 4.66% (based on your deposit and contributions)
Total balance: $1,046.6
Earnings: $46.6
Bank DetailsPresidential Bank
APY: 4.50%
Total savings breakdown:
- Interest earned: $45 (4.31%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.69%)
Your total balance
$1,045.00
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $1,045
Earnings: $45
Bank DetailsAfter 1 year Axos Bank would earn you $1.6 more than Presidential Bank.
More Comparisons
Compare Axos Bank's APY of 4.66% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Axos Bank vs Ally Bank | 3.50% | $0 |
| Axos Bank vs American Express | 3.60% | $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 | 5.00% | $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 | 3.60% | $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 | 5.00% | $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 Varo Bank | 5.00% | $0 |
| Presidential Bank vs Wells Fargo | 2.51% | $25 |