Fvcbank vs. Ivy Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of FVCbank vs. Ivy Bank
Key Metrics at a Glance
| Feature | FVCbank | Ivy Bank |
|---|---|---|
| Top Savings APY | 3.85% Advantage Direct Savings | 4.25% High-Yield Savings Account |
| Minimum to Open | $500 | $2,500 |
| Minimum Balance for Top APY | $500 | $2,500 |
FVCbank
Strengths
- FVCbank offers a competitive APY of 3.85%, though it decreased from 4.10% in the last 30 days.
- FVCbank has a higher BBB rating of A+ compared to Ivy Bank's A-.
- There are no maintenance fees for the Advantage Direct Savings account.
Potential Drawbacks
- FVCbank requires a minimum deposit and balance of $500 for its savings account.
- FVCbank's App Store rating is lower at 4.4 compared to Ivy Bank's 4.7.
Ivy Bank
Strengths
- Ivy Bank offers a higher APY of 4.25% for its High-Yield Savings Account.
- Ivy Bank has a higher App Store rating of 4.7 compared to FVCbank's 4.4.
- Ivy Bank has no maintenance fees for its savings account.
Potential Drawbacks
- Ivy Bank requires a minimum deposit and balance of $2,500 for its savings account.
- Ivy Bank is not BBB Accredited and has a lower BBB rating of A-.
→ As of November 12, 2025 FVCbank offers an APY of 3.85% for its Advantage Direct Savings account, with a minimum balance of $500, compared to Ivy Bank's 4.25% APY for its High-Yield Savings Account, with a minimum balance of $2,500.
→ Ivy Bank yields $40 more than FVCbank on a $10,000 balance after one year. FVCbank pays $385, while Ivy Bank pays $425 - an APY advantage for Ivy Bank.
Calculate Savings Growth for FVCbank vs Ivy Bank
FVCbank - Advantage Direct Savings
Total savings breakdown:
- Interest earned: $2,338 (11.50%)
- Total contributions: $13,000 (63.92%)
- Initial deposit: $5,000 (24.58%)
Your total balance
$20,338.00
Total balance: $20,338
Earnings: $2,338
Bank OverviewIvy Bank - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,596.8 (12.61%)
- Total contributions: $13,000 (63.12%)
- Initial deposit: $5,000 (24.28%)
Your total balance
$20,596.80
Total balance: $20,596.8
Earnings: $2,596.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, FVCbank's total earnings would be $258.8 lower than Ivy Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare FVCbank's vs Ivy Bank's Savings Accounts
| FVCbank | Ivy Bank | ||
|---|---|---|---|
| Product | Advantage Direct Savings | vs | High-Yield Savings Account |
| APY | 3.85% (as of 11/12/2025) | 0.05% - 4.25% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | N/A | Daily | |
| Minimum Deposit | $500 | $2,500 | |
| Minimum Balance for APY | $500 | $2,500 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Eligibility | United States | Residents of California and U.S. Territories (except District of Columbia) are ineligible to apply. | |
| App Store Rating | 4.4/5 | 4.7/5 | |
| Google Play Rating | 3.6/5 | 3.5/5 | |
| BBB Rating | A+ | A- |
No historical data available.