Briodirect vs. Ivy Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of BrioDirect vs. Ivy Bank

Key Metrics at a Glance

FeatureBrioDirectIvy Bank
Top Savings APY

4.00%

High-Yield Savings Account

4.25%

High-Yield Savings Account

Minimum to Open$5,000$2,500
Minimum Balance for Top APY$25$2,500

BrioDirect

Strengths

  • BrioDirect offers a higher APY of 4.00% compared to Ivy Bank's 4.25%.
  • BrioDirect has a lower minimum deposit requirement of $5,000.
  • BrioDirect's App Store rating is 4.7, same as Ivy Bank.

Potential Drawbacks

  • BrioDirect has a lower BBB rating of B- compared to Ivy Bank's A-.
  • BrioDirect's APY increased from 4.20% over the past 30 days.
  • BrioDirect requires a minimum balance of $25, higher than Ivy Bank's $2,500.

Ivy Bank

Strengths

  • Ivy Bank offers a competitive APY of 4.25%, higher than BrioDirect's 4.00%.
  • Ivy Bank has a lower minimum balance requirement of $2,500.
  • Ivy Bank's BBB rating is A-, indicating better trustworthiness.

Potential Drawbacks

  • Ivy Bank's Google Play rating is lower at 3.5 compared to BrioDirect's 4.3.
  • Ivy Bank's minimum deposit requirement is $2,500, higher than BrioDirect's $5,000.
  • Ivy Bank's APY is lower than BrioDirect's previous APY of 4.20%.
Summary: BrioDirect offers a higher APY of 4.00% but has a lower BBB rating (B-) compared to Ivy Bank's A-. Ivy Bank provides a slightly better APY of 4.25%, with a lower minimum balance requirement of $2,500. Both banks have no branches and similar App Store ratings, but Ivy Bank's Google Play rating is notably lower. Overall, Ivy Bank may appeal more due to its trustworthiness and lower balance requirements.

→ As of November 12, 2025 BrioDirect offers an APY of 4.00% for its High-Yield Savings Account, with a minimum balance of $25, compared to Ivy Bank's 4.25% APY for its High-Yield Savings Account, with a minimum balance of $2,500.

Ivy Bank yields $25 more than BrioDirect on a $10,000 balance after one year. BrioDirect pays $400, while Ivy Bank pays $425 - an APY advantage for Ivy Bank.

Calculate Savings Growth for BrioDirect vs Ivy Bank

All calculations are based on APY.

BrioDirect - High-Yield Savings Account

Top APY: 4.00%

Total savings breakdown:

  • Interest earned: $2,434.7 (11.91%)
  • Total contributions: $13,000 (63.62%)
  • Initial deposit: $5,000 (24.47%)

Your total balance

$20,434.70

Effective APY: 4.00% (based on your deposit and contributions)

Total balance: $20,434.7

Earnings: $2,434.7

Bank Overview

Ivy Bank - High-Yield Savings Account

Top APY: 4.25%

Total savings breakdown:

  • Interest earned: $2,596.8 (12.61%)
  • Total contributions: $13,000 (63.12%)
  • Initial deposit: $5,000 (24.28%)

Your total balance

$20,596.80

Effective APY: 4.25% (based on your deposit and contributions)

Total balance: $20,596.8

Earnings: $2,596.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, BrioDirect's total earnings would be $162.1 lower than Ivy Bank's total earnings.

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

Compare BrioDirect's vs Ivy Bank's Savings Accounts

BrioDirectIvy Bank
ProductHigh-Yield Savings AccountvsHigh-Yield Savings Account
APY
4.00% (as of 11/12/2025)0.05% - 4.25% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$5,000$2,500
Minimum Balance for APY$25$2,500
Maintenance Fee$0$0
Direct Deposit Required
NoNo
EligibilityUnited StatesResidents of California and U.S. Territories (except District of Columbia) are ineligible to apply.
App Store Rating4.7/54.7/5
Google Play Rating4.3/53.5/5
BBB RatingB-A-

No historical data available.

More Comparisons

Compare BrioDirect's APY of 4.00% with other banks
Compare Ivy Bank's APY of 4.25% with other banks