Elevault vs. Ivy Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | ElevaultHigh Yield Savings Account Jan 7, 2026 | Ivy BankHigh-Yield Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 3.82% | 0.05% - 4.10% |
Est. Earnings | $5,000+$191 $10,000+$382 $25,000+$955 | $5,000+$205 $10,000+$410 $25,000+$1,025 |
Min Deposit | $0 | $2,500 |
Snapshot view. Rates subject to change. | ||
Terms | The 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | - |
| Features | FDIC InsuredNo Minimums | FDIC InsuredMod. MinimumGreat iOS App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
As of Elevault offers an APY of 3.82% for its High Yield Savings Account, with a minimum balance of $0, compared to Ivy Bank's 4.10% APY for its High-Yield Savings Account, with a minimum balance of $2,500.
Ivy Bank pays $28 more than Elevault on a $10,000 balance after one year. Elevault pays $382, while Ivy Bank pays $410 - an APY advantage for Ivy Bank.
Why Elevault?
- ✓No checking account or direct deposit required
- ✓Available Nationwide
Why Ivy Bank?
- ✓Higher potential APY (4.10% vs 3.82%) on all balances
- ✓Higher rated iOS app (4.7 vs 3.7)
— Key Feature Differences —
Better Returns at $10,000
Ivy BankIvy Bank's High-Yield Savings Account earns more on smaller deposits (approx. $410 vs $382/yr).
Better Returns at $25,000
Ivy BankIvy Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $955/yr).
Shared Benefits
Over a 1-year period, Ivy Bank's High-Yield Savings Account pays $28 more interest on a $10,000 balance than Elevault's High Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Ivy Bank offers a High-Yield Savings Account with a competitive APY of 4.10%, making it the winner in this comparison. This account requires a minimum deposit and balance of $2,500, and is available only to residents outside of California and U.S. Territories (except the District of Columbia). Elevault, on the other hand, provides a High Yield Savings Account with an APY of 3.82%, applicable up to $250,000, with no minimum deposit or balance requirements. Both accounts are online-only and have no maintenance fees, but Ivy Bank's account yields higher returns, especially at larger deposit amounts.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Elevault vs. Ivy Bank Savings Calculator
You earn $28 more with Ivy Bank than Elevault on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Elevault
High Yield Savings Account
3.82% on first $250,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$382.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,382.00
Ivy Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$410.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,410.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Elevault | Ivy Bank |
|---|---|---|
| APY | 3.82% Verified: 1/7/2026 ↘︎ 0.52%90d Change | 4.10% Range: 0.05% - 4.10% Verified: 1/7/2026 - |
| Product Name | High Yield Savings Account | High-Yield Savings Account |
| Minimum Deposit | $0 | $2,500 |
| Min. Balance for APY | $0 | $2,500 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS3.7 Android3.9 | iOS4.7 Android3.5 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A | A- |
| Important Notes | The 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | - |
| Next Steps | Visit SiteVerify at Elevault Non-sponsored link to official site | Visit SiteVerify at Ivy Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Elevault | Ivy Bank |
|---|---|---|
| High Yield Savings Account | High-Yield Savings Account | |
Current APY | 3.82% | 4.10% |
Trend | Stable | Stable |
Velocity (bps/mo) | -20.7 | -11.9 |
Days Since Change | 22 | 22 |
2-Month High | 4.08% | 4.25% |
2-Month Low | 3.82% | 4.10% |
Adjustments / Mo | 0.55 | 0.55 |
Volatility Score | 0.032 | 0.018 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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