Fitness Bank vs. Presidential Bank
High-Yield Savings Account Comparison
Last Updated: October 15, 2025
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Summary of Fitness Bank vs. Presidential Bank
Key Metrics at a Glance
| Feature | Fitness Bank | Presidential Bank |
|---|---|---|
| Top Savings APY | 4.75% Fitness Elite Checking & Fitness Savings Combo | 4.50% Advantage Savings |
| Minimum to Open | $100 | $5,000 |
| Minimum Balance for APY | $100 | N/A |
Fitness Bank
Strengths
- Fitness Bank offers a higher APY of 4.75% for its Fitness Elite Checking & Fitness Savings Combo.
- Fitness Bank has an A+ BBB rating, indicating strong trustworthiness.
- No direct deposit requirement for Fitness Bank accounts allows more flexibility for customers.
Potential Drawbacks
- Fitness Bank has low App Store and Google Play ratings of 1.7 and 0.0, respectively.
- Fitness Bank charges a maintenance fee of $10 unless certain conditions are met.
- To earn the highest APY, Fitness Bank requires specific activity and balance maintenance.
Presidential Bank
Strengths
- Presidential Bank has 10 physical locations, providing in-person banking options.
- Presidential Bank offers a competitive APY of 4.5%, consistent with previous rates.
- High App Store and Google Play ratings of 4.8 and 4.2 suggest better customer satisfaction.
Potential Drawbacks
- Presidential Bank requires a $5,000 minimum deposit to open the Advantage Savings account.
- To earn the higher APY, a monthly direct deposit of $500 into an Advantage Checking Account is necessary.
- Presidential Bank has an A- BBB rating and is not BBB accredited, indicating some trust concerns.
Summary: Fitness Bank provides a higher APY of 4.75% without a direct deposit requirement, but has low app ratings and specific activity conditions. In contrast, Presidential Bank offers a competitive 4.5% APY with in-person banking options and high customer ratings, but requires a $5,000 minimum deposit and a direct deposit for the higher APY. Fitness Bank's A+ BBB rating contrasts with Presidential Bank's A- rating and lack of accreditation.
→ As of October 15, 2025 Fitness Bank offers an APY of 4.75% for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100, compared to Presidential Bank's 4.50% APY for its Advantage Savings account, with a minimum balance of N/A.
→ Fitness Bank yields $25 more than Presidential Bank on a $10,000 balance after one year. Fitness Bank pays $475, while Presidential Bank pays $450 - an APY advantage for Fitness Bank.
→ In addition, Fitness Bank also offers 4.45% APY for the Fitness Savings Account account.
Calculate Savings Growth for Fitness Bank vs Presidential Bank
All calculations are based on APY.
Fitness Bank
APY: 4.75%
Total savings breakdown:
- Interest earned: $2,924.7 (13.98%)
- Total contributions: $13,000 (62.13%)
- Initial deposit: $5,000 (23.90%)
Your total balance
$20,924.70
Effective APY: 4.75% (based on your deposit and contributions)
Total balance: $20,924.7
Earnings: $2,924.7
Bank OverviewPresidential 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 OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Fitness Bank's total earnings would be $164.6 higher than Presidential Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Fitness Bank's vs Presidential Bank's Savings Accounts
| Fitness Bank | Presidential Bank | |||
|---|---|---|---|---|
| Product | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo | vs | Advantage Savings |
| APY | 4.45% (as of 10/15/2025) | 4.75% (as of 10/15/2025) | 4.00% - 4.50% (as of 10/15/2025) | |
| Bundled Account | No | Yes | Yes | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Monthly | |
| Minimum Deposit | $100 | $100 | $5,000 | |
| Minimum Balance for APY | $100 | $100 | N/A | |
| Maintenance Fee | $10. Waived for average daily balances > $100 | $10. Waived for average daily balances > $100 | $0 | |
| Direct Deposit Required | No | No | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | |
| Note | This is a tiered account. To earn the highest tier you must track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | ||
| App Store Rating | 1.7/5 | 4.8/5 | ||
| Google Play Rating | No | 4.2/5 | ||
| BBB Rating | A+ | A- | ||
Comparative Historical APY Insights (Last 7 Months)
| Fitness Bank | Presidential Bank | |||
|---|---|---|---|---|
| Product | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account | vs | Advantage Savings |
| Latest APY | 4.75 % | 4.45 % | 4.50 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -4.2 | -1.6 | 0.0 | |
| Rate Changes / Mo | 0.28 | 0.28 | 0.00 | |
| Days Since Last Change | 42 | 42 | 212 | |
| High (-7 m) | 5.00 % | 4.55 % | 4.50 % | |
| Low (-7 m) | 4.75 % | 4.45 % | 4.50 % | |
| Draw-down from High | -5.0 % | -2.2 % | 0.0 % | |
| Volatility (CV) | 0.021 | 0.009 | 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 213 days.
- Low (-7 m)
- Lowest APY in the last 213 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.
More Comparisons
Compare Fitness Bank's APY of 4.75% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Fitness Bank vs Ally Bank | 3.40% | $0 |
| Fitness Bank vs American Express | 3.50% | $0 |
| Fitness Bank vs Axos Bank | 4.51% | $0 |
| Fitness Bank vs Bank of America | 0.01% | $100 |
| Fitness Bank vs Barclays | 4.10% | $0 |
| Fitness Bank vs BrioDirect | 4.20% | $5,000 |
| Fitness Bank vs Capital One | 3.40% | $0 |
| Fitness Bank vs Chase Bank | 0.01% | $0 |
| Fitness Bank vs Chime | 3.75% | $0 |
| Fitness Bank vs CIT Bank | 3.85% | $100 |
| Fitness Bank vs Discover Bank | 3.40% | $0 |
| Fitness Bank vs Elevault | 4.34% | $0 |
| Fitness Bank vs EverBank | 4.05% | $0 |
| Fitness Bank vs FVCbank | 4.10% | $500 |
| Fitness Bank vs GO2bank | 4.50% | $0 |
| Fitness Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Fitness Bank vs Neighbors Bank | 4.50% | $0 |
| Fitness Bank vs Newtek Bank | 4.35% | $0 |
| Fitness Bank vs Peak Bank | 4.20% | $100 |
| Fitness Bank vs Pibank | 4.60% | $0 |
| Fitness Bank vs Santander Bank | 0.01% | $25 |
| Fitness Bank vs SoFi Bank | 4.50% | $0 |
| Fitness Bank vs Synchrony Bank | 3.80% | $0 |
| Fitness Bank vs TIMBR | 4.40% | $1,000 |
| Fitness Bank vs UFB Direct | 3.96% | $5000 |
| Fitness Bank vs Varo Bank | 5.00% | $0 |
| Fitness Bank vs Wells Fargo | 0.05% | $25 |
| Fitness Bank vs Zynlo Bank | 4.20% | $10 |