Fitness Bank vs Presidential Bank
High-Yield Savings Accounts Comparison
Last Updated: July 16, 2025
Summary of Fitness Bank vs. Presidential Bank
As of July 16, 2025 Fitness Bank offers an APY of 5.00% for its Fitness Elite Checking & Fitness Savings Combo account, compared to Presidential Bank's 4.50% APY for its Advantage Savings account.
Fitness Bank yields $50 more than Presidential Bank on a $10,000 balance after one year. Fitness Bank pays $500, while Presidential Bank pays $450 - an APY advantage for Fitness Bank.
In addition, Fitness Bank also offers 4.55% APY for the Fitness Savings Account account.
Fitness Bank
Strengths
- Fitness Bank offers a higher APY of 5.00% on 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.
Potential Drawbacks
- Fitness Bank has low App Store and Google Play ratings of 1.7 and 0.0 respectively.
- Maintenance fees of $10 apply at Fitness Bank unless conditions are met.
- Fitness Bank's accounts have tiered APYs based on activity and balance requirements.
Presidential Bank
Strengths
- Presidential Bank has 10 physical locations, offering in-person banking services.
- Presidential Bank's Advantage Savings account has no maintenance fees.
- Presidential Bank has high App Store and Google Play ratings of 4.8 and 4.2.
Potential Drawbacks
- Presidential Bank offers a lower APY of 4.50% compared to Fitness Bank.
- A monthly direct deposit of $500 is required to earn the higher APY at Presidential Bank.
- Presidential Bank has a B- BBB rating and is not accredited.
Summary: Fitness Bank provides a higher APY of 5.00% with no direct deposit requirement, but has low app ratings and tiered conditions. In contrast, Presidential Bank offers 10 branches and no maintenance fees, but requires a direct deposit to achieve its lower APY of 4.50%. Additionally, Presidential Bank's BBB rating is lower, and it lacks accreditation, while Fitness Bank enjoys an A+ rating.
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 | 4.55% (as of 7/16/2025) | 5.00% (as of 7/16/2025) | 4.00% - 4.50% (as of 7/16/2025) | |
| 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. | N/A | |
| Visit Bank | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo | Advantage Savings | |
| App Store Rating | 1.7/5 | 4.8/5 | ||
| Google Play Rating | No | 4.2/5 | ||
| BBB Rating | A+ | B- | ||
Comparative Historical APY Insights (Last 4 Months)
| Fitness Bank | Presidential Bank | |||
|---|---|---|---|---|
| Product | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account | vs | Advantage Savings |
| Latest APY | 5.00 % | 4.55 % | 4.50 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -0.0 | 0.0 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.00 | |
| Days Since Last Change | 121 | 121 | 121 | |
| High (-4 m) | 5.00 % | 4.55 % | 4.50 % | |
| Low (-4 m) | 5.00 % | 4.55 % | 4.50 % | |
| Draw-down from High | 0.0 % | 0.0 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.000 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 4 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 (-4 m)
- Highest APY in the last 122 days.
- Low (-4 m)
- Lowest APY in the last 122 days.
- Draw-down from High
- How far today sits below the 4-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 Fitness Bank vs Presidential Bank
All calculations are based on APY.
Fitness Bank
APY: 5.00%
Total savings breakdown:
- Interest earned: $50 (4.76%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.24%)
Your total balance
$1,050.00
Effective APY: 5.00% (based on your deposit and contributions)
Total balance: $1,050
Earnings: $50
Bank DetailsPresidential Bank
APY: 4.50%
Total savings breakdown:
- Interest earned: $45 (4.31%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.69%)
Your total balance
$1,045.00
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $1,045
Earnings: $45
Bank DetailsAfter 1 year Fitness Bank would earn you $5 more than Presidential Bank.
More Comparisons
Compare Fitness Bank's APY of 5.00% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Fitness Bank vs Ally Bank | 3.50% | $0 |
| Fitness Bank vs American Express | 3.60% | $0 |
| Fitness Bank vs Axos Bank | 4.66% | $0 |
| Fitness Bank vs Bank of America | 0.01% | $100 |
| Fitness Bank vs Barclays | 4.10% | $0 |
| Fitness Bank vs Capital One | 3.50% | $0 |
| Fitness Bank vs Chase Bank | 0.01% | $0 |
| Fitness Bank vs Chime | 3.75% | $0 |
| Fitness Bank vs CIT Bank | 4.00% | $100 |
| Fitness Bank vs Discover Bank | 3.50% | $0 |
| Fitness Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Fitness Bank vs SoFi Bank | 3.80% | $0 |
| Fitness Bank vs Synchrony Bank | 3.80% | $0 |
| Fitness Bank vs Varo Bank | 5.00% | $0 |
| Fitness Bank vs Wells Fargo | 2.51% | $25 |
Compare Presidential Bank's APY of 4.50% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Presidential Bank vs Ally Bank | 3.50% | $0 |
| Presidential Bank vs American Express | 3.60% | $0 |
| Presidential Bank vs Axos Bank | 4.66% | $0 |
| Presidential Bank vs Bank of America | 0.01% | $100 |
| Presidential Bank vs Barclays | 4.10% | $0 |
| Presidential Bank vs Capital One | 3.50% | $0 |
| Presidential Bank vs Chase Bank | 0.01% | $0 |
| Presidential Bank vs Chime | 3.75% | $0 |
| Presidential Bank vs CIT Bank | 4.00% | $100 |
| Presidential Bank vs Discover Bank | 3.50% | $0 |
| Presidential Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Presidential Bank vs SoFi Bank | 3.80% | $0 |
| Presidential Bank vs Synchrony Bank | 3.80% | $0 |
| Presidential Bank vs Varo Bank | 5.00% | $0 |
| Presidential Bank vs Wells Fargo | 2.51% | $25 |