FNBO Direct vs. Ivy Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | FNBO DirectHigh-Yield Online Savings Account Jan 7, 2026 | Ivy BankHigh-Yield Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 3.00% | 0.05% - 4.10% |
Est. Earnings | $5,000+$150 $10,000+$300 $25,000+$750 | $5,000+$205 $10,000+$410 $25,000+$1,025 |
Min Deposit | $1 | $2,500 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported | 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.
Comparison Analysis
Comparing FNBO Direct vs. Ivy Bank
As of FNBO Direct offers an APY of 3.00% for its High-Yield Online Savings Account, with a minimum balance of $0.01, compared to Ivy Bank's 4.10% APY for its High-Yield Savings Account, with a minimum balance of $2,500.
Ivy Bank pays $110 more than FNBO Direct on a $10,000 balance after one year. FNBO Direct pays $300, while Ivy Bank pays $410 - an APY advantage for Ivy Bank.
Why FNBO Direct?
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.8 vs 3.5)
- ✓Fast transfers via Zelle®
- ✓Available Nationwide
Why Ivy Bank?
- ✓Higher potential APY (4.10% vs 3.00%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Ivy BankIvy Bank's High-Yield Savings Account earns more on smaller deposits (approx. $410 vs $300/yr).
Better Returns at $25,000
Ivy BankIvy Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $750/yr).
Shared Benefits
Over a 1-year period, Ivy Bank's High-Yield Savings Account pays $110 more interest on a $10,000 balance than FNBO Direct's High-Yield Online 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%, significantly higher than FNBO Direct's APY of 3.00% for its High-Yield Online Savings Account. Ivy Bank's account requires a minimum deposit and balance of $2,500, while FNBO Direct has a lower minimum deposit of $1 and no minimum balance requirement. Both accounts are online-only and have no maintenance fees. However, eligibility for Ivy Bank is restricted to residents of California and U.S. Territories, excluding the District of Columbia. Overall, Ivy Bank's product provides better returns, especially for larger deposits.
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
FNBO Direct vs. Ivy Bank Savings Calculator
You earn $110 more with Ivy Bank than FNBO Direct 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.
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
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 | FNBO Direct | Ivy Bank |
|---|---|---|
| APY | 3.00% Verified: 1/7/2026 Stable (90d) | 4.10% Range: 0.05% - 4.10% Verified: 1/7/2026 - |
| Product Name | High-Yield Online Savings Account | High-Yield Savings Account |
| Minimum Deposit | $1 | $2,500 |
| Min. Balance for APY | $0.01 | $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 | iOS4.5 Android4.8 | iOS4.7 Android3.5 |
| Zelle® Support | Available Online division fully supports Zelle. | Not Supported |
| BBB Rating | A+ | A- |
| Next Steps | Visit SiteVerify at FNBO Direct 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 | FNBO Direct | Ivy Bank |
|---|---|---|
| High-Yield Online Savings Account | High-Yield Savings Account | |
Current APY | 3.00% | 4.10% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -11.9 |
Days Since Change | 54 | 22 |
2-Month High | 3.00% | 4.25% |
2-Month Low | 3.00% | 4.10% |
Adjustments / Mo | 0.00 | 0.55 |
Volatility Score | 0.000 | 0.018 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare FNBO Direct vs...
Comparing against Standard Savings
Compare Ivy Bank vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.