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.
Summary: Chase Bank provides a low APY of 0.01% with no minimum deposit but charges a maintenance fee. In contrast, Presidential Bank offers a significantly higher APY of 4.5% with a $5,000 minimum deposit and requires direct deposits to achieve that rate. Both banks have an A- BBB rating, but Presidential Bank is not accredited. Additionally, Chase has a higher Google Play rating than Presidential Bank.

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

Chase BankPresidential Bank
ProductChase Savings℠vsAdvantage Savings
APY
0.01% (as of 8/29/2025)4.00% - 4.50% (as of 8/29/2025)
Bundled Account
NoYes
FDIC-insured
YesYes
Online OnlyNoNo
Compound Frequency
MonthlyMonthly
Minimum Deposit$0$5,000
Minimum Balance for APY$0N/A
Maintenance Fee$5$0
Direct Deposit Required
NoYes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.
NoteAPY 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 Rating4.8/54.8/5
Google Play Rating4.5/54.2/5
BBB RatingA-A-

Comparative Historical APY Insights (Last 7 Months)

Chase BankPresidential Bank
ProductChase Savings℠vsAdvantage Savings
Latest APY0.01 %4.50 %
TrendSidewaysSideways
Slope (bps/mo)0.00.0
Rate Changes / Mo0.000.00
Days Since Last Change213213
High (-7 m)0.01 %4.50 %
Low (-7 m)0.01 %4.50 %
Draw-down from High0.0 %0.0 %
Volatility (CV)0.0000.000
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

All calculations are based on APY.

Chase Bank

APY: 0.01%

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

Effective APY: 0.01% (based on your deposit and contributions)

Total balance: $18,005.7

Earnings: $5.7

Bank Overview

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