Chase Bank vs Presidential Bank
High-Yield Savings Accounts Comparison
Last Updated: August 29, 2025
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Summary of Chase Bank vs. Presidential Bank
As of August 29, 2025 Chase Bank offers an APY of 0.01% for its Chase Savings℠ account, compared to Presidential Bank's 4.50% APY for its Advantage Savings account.
Presidential Bank yields $449 more than Chase Bank on a $10,000 balance after one year. Chase Bank pays $1, while Presidential Bank pays $450 - an APY advantage for Presidential Bank.
Chase Bank
Strengths
- Chase Bank has a high App Store rating of 4.8.
- No minimum deposit required for the Chase Savings℠ account.
- Chase Bank's APY remains stable at 0.01%.
Potential Drawbacks
- Chase Savings℠ has a low APY of 0.01%.
- Chase Bank charges a maintenance fee of $5 unless conditions are met.
- No direct deposit requirement for the Chase Savings℠ account.
Presidential Bank
Strengths
- Presidential Bank offers a competitive APY of 4.5%.
- No maintenance fees for the Advantage Savings account.
- Presidential Bank has 10 branches in Maryland, Virginia, and Washington D.C.
Potential Drawbacks
- Presidential Bank requires a minimum deposit of $5,000.
- Direct deposit is needed to earn the higher APY.
- Presidential Bank's Google Play rating is lower at 4.2.
Compare Chase Bank's vs Presidential Bank's Savings Accounts
Chase Bank | Presidential Bank | ||
---|---|---|---|
Product | Chase Savings℠ | vs | Advantage Savings |
APY | 0.01% (as of 8/29/2025) | 4.00% - 4.50% (as of 8/29/2025) | |
Bundled Account | No | Yes | |
FDIC-insured | Yes | Yes | |
Online Only | No | No | |
Compound Frequency | Monthly | Monthly | |
Minimum Deposit | $0 | $5,000 | |
Minimum Balance for APY | $0 | N/A | |
Maintenance Fee | $5 | $0 | |
Direct Deposit Required | No | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | |
Note | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | ||
App Store Rating | 4.8/5 | 4.8/5 | |
Google Play Rating | 4.5/5 | 4.2/5 | |
BBB Rating | A- | A- |
Comparative Historical APY Insights (Last 7 Months)
Chase Bank | Presidential Bank | ||
---|---|---|---|
Product | Chase Savings℠ | vs | Advantage Savings |
Latest APY | 0.01 % | 4.50 % | |
Trend | Sideways | Sideways | |
Slope (bps/mo) | 0.0 | 0.0 | |
Rate Changes / Mo | 0.00 | 0.00 | |
Days Since Last Change | 213 | 213 | |
High (-7 m) | 0.01 % | 4.50 % | |
Low (-7 m) | 0.01 % | 4.50 % | |
Draw-down from High | 0.0 % | 0.0 % | |
Volatility (CV) | 0.000 | 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 214 days.
- Low (-7 m)
- Lowest APY in the last 214 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 Chase Bank vs Presidential Bank
Chase Bank
Total savings breakdown:
- Interest earned: $5.7 (0.03%)
- Total contributions: $13,000 (72.20%)
- Initial deposit: $5,000 (27.77%)
Your total balance
$18,005.70
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewPresidential Bank
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
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, Chase Bank's total earnings would be $2,754.4 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 Chase Bank's APY of 0.01% with other banks
Bank Pair | Best APY | Min Deposit |
---|---|---|
Chase Bank vs Ally Bank | 3.50% | $0 |
Chase Bank vs American Express | 3.50% | $0 |
Chase Bank vs Axos Bank | 4.46% | $0 |
Chase Bank vs Bank of America | 0.01% | $100 |
Chase Bank vs Barclays | 4.10% | $0 |
Chase Bank vs Capital One | 3.50% | $0 |
Chase Bank vs Chime | 3.75% | $0 |
Chase Bank vs CIT Bank | 4.00% | $100 |
Chase Bank vs Discover Bank | 3.50% | $0 |
Chase Bank vs Fitness Bank | 4.85% | $100 |
Chase Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
Chase Bank vs SoFi Bank | 3.80% | $0 |
Chase Bank vs Synchrony Bank | 3.80% | $0 |
Chase Bank vs UFB Direct | 4.21% | $5000 |
Chase Bank vs Varo Bank | 5.00% | $0 |
Chase 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 Axos Bank | 4.46% | $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 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 |