Axos Bank vs Presidential Bank
High-Yield Savings Accounts Comparison

Last Updated: August 29, 2025

We earn a commission if you open an account through some links on this page.

Summary of Axos Bank vs. Presidential Bank

As of August 29, 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 no minimum deposit requirement for its savings accounts.
  • Axos Bank has an A+ BBB rating, indicating strong trustworthiness.

Potential Drawbacks

  • Axos Bank's APY decreased from 4.66% in the last 30 days.
  • Axos Bank has no physical branches, limiting in-person access.
  • Axos Bank requires direct deposit or qualifying deposits for the highest APY.

Presidential Bank

Strengths

  • Presidential Bank has 10 branches, providing in-person banking options.
  • Presidential Bank's APY remains stable at 4.50% over the last month.
  • Presidential Bank has a 4.8 App Store rating, indicating high customer satisfaction.

Potential Drawbacks

  • Presidential Bank requires a $5,000 minimum deposit for its Advantage Savings account.
  • Presidential Bank has an A- BBB rating and is not BBB accredited.
  • Presidential Bank's APY is lower than Axos Bank's highest APY of 4.46%.
Summary: Axos Bank offers a competitive APY of 4.46% with no minimum deposit but has no branches and a recent decrease in APY. In contrast, Presidential Bank provides in-person banking at 10 locations and maintains a stable APY of 4.50%, but requires a $5,000 minimum deposit and has a lower BBB rating. Customers may prefer Axos for higher APY potential, while those valuing branch access might choose Presidential.

Compare Axos Bank's vs Presidential Bank's Savings Accounts

Axos BankPresidential Bank
ProductAxos ONESummit SavingsHigh Yield SavingsvsAdvantage Savings
APY
4.46% (as of 8/29/2025)4.00% (as of 8/29/2025)0.61% (as of 8/29/2025)4.00% - 4.50% (as of 8/29/2025)
Bundled Account
YesNoNoYes
FDIC-insured
YesYesYesYes
Online OnlyYesYesYesNo
Compound Frequency
DailyDailyDailyMonthly
Minimum Deposit$0$0$0$5,000
Minimum Balance for APY$0$0$0N/A
Maintenance Fee$0$0$0$0
Direct Deposit Required
No. Not required, but is the easiest way to earn the highest APY.NoNoYes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.
NoteThis 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
App Store Rating4.7/54.8/5
Google Play Rating4.5/54.2/5
BBB RatingA+A-

Comparative Historical APY Insights (Last 8 Months)

Axos BankPresidential Bank
ProductHigh Yield SavingsSummit SavingsAxos ONEvsAdvantage Savings
Latest APY0.61 %4.00 %4.46 %4.50 %
TrendSidewaysSidewaysFallingSideways
Slope (bps/mo)-0.00.0-5.00.0
Rate Changes / Mo0.000.000.230.00
Days Since Last Change2356230255
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 High0.0 %0.0 %-8.2 %0.0 %
Volatility (CV)0.0000.0000.0280.000
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 257 days.
Low (-8 m)
Lowest APY in the last 257 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 Overview

With 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
Compare Presidential Bank's APY of 4.50% with other banks