High-Yield Savings Account Comparison

Elevault vs. Presidential Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Elevault

High Yield Savings Account

4.08%
APY
Dec 6, 2025
FDIC InsuredNo Minimums
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 1528)
EligibilityUnited States
Mobile Ratings
iOS:3.7Android:3.9
BBB Rating
A+(Not BBB Accredited)

Important Note

The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500.

Rate Stability

Rate Adjusted
-0.52%
Since 90 days ago
Read Bank Overview

Presidential Bank

Advantage Savings

Up to
4.00%
APY
Dec 6, 2025
FDIC InsuredMod. MinimumDirect Deposit ReqChecking BundleGreat iOS AppGreat Android AppIn-Person Access
Range: 3.50% – 4.00%
Show Fine Print & Trends
Min. Deposit$5,000
Min. BalanceN/A
Maintenance Fee$0
Compound FreqMonthly
Direct DepositRequired (To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.)
Branch Access10 locations in Maryland, Virginia and Washington D.C.
Deposit InsuranceFDIC Insured(Cert: 32363)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.1
BBB Rating
A-(Not BBB Accredited)

Rate Stability

30 days
↘︎ 0.25%
90 days
↘︎ 0.50%
Read Bank Overview

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.

See Top Rates

Comparison Analysis

Comparing Elevault vs. Presidential Bank

Updated: Dec 6, 2025

Why Elevault?

  • ✓No checking account or direct deposit required

Why Presidential Bank?

  • ✓Physical branch access (10 locations in Maryland, Virginia and Washington D.C.)
  • ✓Higher rated iOS app (4.8 vs 3.7)

— Key Feature Differences —

Better Returns at $10,000
Elevault

Elevault's High Yield Savings Account earns more on smaller deposits (approx. $408 vs $400/yr).

Best for Simplicity
Elevault

Elevault's High Yield Savings Account offers 4.08% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Presidential Bank

Presidential Bank offers an iOS app rated 4.8 (vs. 3.7) and Android app rated 4.1 (vs. 3.9)

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, Elevault's High Yield Savings Account pays $8 more interest on a $10,000 balance than Presidential Bank's Advantage Savings.

Presidential BankElevault
Automated Data Audit

Executive Summary

Elevault offers a High Yield Savings Account with a competitive APY of 4.08%, making it an attractive option for savers, particularly since it requires no direct deposit and has no maintenance fees. This account is online-only and allows deposits up to $250,000, with a daily deposit limit of $2,500. In comparison, Presidential Bank's Advantage Savings account provides a slightly lower APY of 4.00%, but requires a monthly direct deposit of $500 into an Advantage Checking Account to earn this rate, along with a minimum deposit of $5,000. While both banks offer appealing savings options, Elevault stands out for its higher APY and simpler requirements.

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.

ExploreElevaultExplorePresidential Bank

Top Market Contenders

See who beats both Elevault and Presidential Bank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.52% vs Elevault
Better Rate
Pibank vs ElevaultPibank vs Presidential Bank
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.42% vs Elevault
Better Rate
Neighbors Bank vs ElevaultNeighbors Bank vs Presidential Bank
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.23% vs Elevault
Better Rate
Axos Bank vs ElevaultAxos Bank vs Presidential Bank
FeatureElevaultPresidential Bank
APY
4.08%
Verified: 12/6/2025
↘︎ 0.52%90d Change
4.00%
Range: 3.50% - 4.00%
Verified: 12/6/2025
↘︎ 0.50%90d Change
Product NameHigh Yield Savings AccountAdvantage Savings
Minimum Deposit$0$5,000
Min. Balance for APY$0N/A
Monthly Fee$0$0
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Direct Deposit Req.None
RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.
Checking BundleNo Yes
Mobile Apps
iOS3.7
Android3.9
iOS4.8
Android4.1
BBB RatingA+A-
Important NotesThe 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500.-
Next Steps
- View Details
- View Details

Savings Comparison

Calculations based on current APY.
$
$

Elevault earns $51.7 more than Presidential Bank.

Elevault

High Yield Savings Account

4.08% APY

Savings Breakdown

  • Interest Earned
    +$2,486.40(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,486.40

Effective APY
4.08%
View Details

Presidential Bank

Advantage Savings

4.00% APY

Savings Breakdown

  • Interest Earned
    +$2,434.70(11.9%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,434.70

Effective APY
4.00%
View Details

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 4 Months Analysis
MetricElevaultPresidential Bank
High Yield Savings AccountAdvantage Savings
Current APY
4.08%4.00%
Trend
 Stable Stable
Velocity (bps/mo)
-16.6-12.0
Days Since Change
3215
4-Month High
4.60%4.50%
4-Month Low
4.08%4.00%
Adjustments / Mo
0.490.49
Volatility Score
0.0480.043
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 122-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar Alternatives

Compare Elevault vs...

Comparing against Standard Savings

vs Elevault
PibankNo Bundle Req
4.60%
APY
vs Elevault
Neighbors BankNo Bundle Req
4.50%
APY
vs Elevault
TIMBRNo Bundle Req
4.40%
APY

Compare Presidential Bank vs...

Comparing against other Bundled Accounts

vs Presidential Bank
Axos BankChecking Bundle
4.31%
APY
vs Presidential Bank
SoFi BankChecking Bundle
4.30%
APY
vs Presidential Bank
UFB DirectChecking Bundle
3.71%
APY

More Comparisons

Compare Elevault's APY of 4.08% with other banks
Bank PairCompetitor APYMin Deposit
Elevault vs Ally Bank3.30%$0
Elevault vs American Express3.40%$0
Elevault vs Axos Bank4.31%$0
Elevault vs Bank of America0.01%$100
Elevault vs Barclays4.00%$0
Elevault vs Bask Bank3.90%$0
Elevault vs BMO Alto3.25%$0
Elevault vs BrioDirect4.00%$5,000
Elevault vs Capital One3.40%$0
Elevault vs Chase Bank0.01%$0
Elevault vs Chime3.50%$0
Elevault vs CIT Bank3.75%$100
Elevault vs Citibank3.30%$0
Elevault vs Citizens Access™3.35%$0.01
Elevault vs Climate First Bank4.21%$50
Elevault vs Discover Bank3.40%$0
Elevault vs EverBank4.05%$0
Elevault vs Fitness Bank4.75%$100
Elevault vs FNBO Direct3.00%$1
Elevault vs Forbright Bank4.00%$0
Elevault vs FVCbank3.85%$500
Elevault vs GO2bank4.50%$0
Elevault vs Ivy Bank4.25%$2,500
Elevault vs LendingClub4.20%$0
Elevault vs Marcus by Goldman Sachs3.65%$0
Elevault vs Neighbors Bank4.50%$0
Elevault vs Newtek Bank4.35%$0.01
Elevault vs Openbank4.20%$500
Elevault vs Peak Bank4.20%$100
Elevault vs Pibank4.60%$0
Elevault vs PNC3.53%$0
Elevault vs Quontic Bank3.75%$100
Elevault vs Salem Five Direct3.71%$10
Elevault vs Santander Bank0.01%$25
Elevault vs SoFi Bank4.30%$0
Elevault vs Synchrony Bank3.65%$0
Elevault vs TIMBR4.40%$1,000
Elevault vs UFB Direct3.71%$5000
Elevault vs Valley Direct4.10%$1,000
Elevault vs Varo Bank5.00%$0
Elevault vs Vio Bank4.16%$100
Elevault vs Wealthfront4.15%$0
Elevault vs Wells Fargo0.05%$25
Elevault vs Zynlo Bank4.05%$10
Compare Presidential Bank's APY of 4.00% with other banks
Bank PairCompetitor APYMin Deposit
Presidential Bank vs Ally Bank3.30%$0
Presidential Bank vs American Express3.40%$0
Presidential Bank vs Axos Bank4.31%$0
Presidential Bank vs Bank of America0.01%$100
Presidential Bank vs Barclays4.00%$0
Presidential Bank vs Bask Bank3.90%$0
Presidential Bank vs BMO Alto3.25%$0
Presidential Bank vs BrioDirect4.00%$5,000
Presidential Bank vs Capital One3.40%$0
Presidential Bank vs Chase Bank0.01%$0
Presidential Bank vs Chime3.50%$0
Presidential Bank vs CIT Bank3.75%$100
Presidential Bank vs Citibank3.30%$0
Presidential Bank vs Citizens Access™3.35%$0.01
Presidential Bank vs Climate First Bank4.21%$50
Presidential Bank vs Discover Bank3.40%$0
Presidential Bank vs EverBank4.05%$0
Presidential Bank vs Fitness Bank4.75%$100
Presidential Bank vs FNBO Direct3.00%$1
Presidential Bank vs Forbright Bank4.00%$0
Presidential Bank vs FVCbank3.85%$500
Presidential Bank vs GO2bank4.50%$0
Presidential Bank vs Ivy Bank4.25%$2,500
Presidential Bank vs LendingClub4.20%$0
Presidential Bank vs Marcus by Goldman Sachs3.65%$0
Presidential Bank vs Neighbors Bank4.50%$0
Presidential Bank vs Newtek Bank4.35%$0.01
Presidential Bank vs Openbank4.20%$500
Presidential Bank vs Peak Bank4.20%$100
Presidential Bank vs Pibank4.60%$0
Presidential Bank vs PNC3.53%$0
Presidential Bank vs Quontic Bank3.75%$100
Presidential Bank vs Salem Five Direct3.71%$10
Presidential Bank vs Santander Bank0.01%$25
Presidential Bank vs SoFi Bank4.30%$0
Presidential Bank vs Synchrony Bank3.65%$0
Presidential Bank vs TIMBR4.40%$1,000
Presidential Bank vs UFB Direct3.71%$5000
Presidential Bank vs Valley Direct4.10%$1,000
Presidential Bank vs Varo Bank5.00%$0
Presidential Bank vs Vio Bank4.16%$100
Presidential Bank vs Wealthfront4.15%$0
Presidential Bank vs Wells Fargo0.05%$25
Presidential Bank vs Zynlo Bank4.05%$10