Elevault vs. Ivy Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Elevault
High Yield Savings Account
4.08%APYDec 12, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Elevault
High Yield Savings Account
Ivy Bank
High-Yield Savings Account
Up to4.25%APYDec 12, 2025FDIC InsuredMod. MinimumGreat iOS AppRange: 0.05% – 4.25%Show Fine Print & Trends Hide Details
Ivy Bank
High-Yield Savings Account
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Elevault vs. Ivy Bank Savings Calculator
You earn $17 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
4.08% on first $250,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$408.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,408.00
Ivy Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$425.00(4.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,425.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Elevault vs. Ivy Bank
Why Elevault?
- ✓No checking account or direct deposit required
- ✓Available Nationwide
Why Ivy Bank?
- ✓Higher potential APY (4.25% vs 4.08%) 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. $425 vs $408/yr).
Better Returns at $25,000
Ivy BankIvy Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $1063 vs $1020/yr).
Shared Benefits
Over a 1-year period, Ivy Bank's High-Yield Savings Account pays $17 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
Ivy Bank offers a High-Yield Savings Account with an APY of 4.25%, 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). In contrast, Elevault provides a High Yield Savings Account with a slightly lower APY of 4.08%, which applies to balances up to $250,000, with no minimum deposit required. Both accounts are online-only, and neither requires direct deposit.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Elevault and Ivy Bank.
| Feature | Elevault | Ivy Bank |
|---|---|---|
| APY | 4.08% Verified: 12/12/2025 ↘︎ 0.52%90d Change | 4.25% Range: 0.05% - 4.25% Verified: 12/12/2025 - |
| 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 |
| BBB Rating | A+ | A- |
| Important Notes | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | - |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Elevault | Ivy Bank |
|---|---|---|
| High Yield Savings Account | High-Yield Savings Account | |
Current APY | 4.08% | 4.25% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | 0.0 |
Days Since Change | 28 | 28 |
1-Month High | 4.08% | 4.25% |
1-Month Low | 4.08% | 4.25% |
Adjustments / Mo | 0.00 | 0.00 |
Volatility Score | 0.000 | 0.000 |
How to read these metrics(Click to expand)
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