Ivy Bank vs. Pibank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Ivy Bank vs. Pibank
Key Metrics at a Glance
| Feature | Ivy Bank | Pibank |
|---|---|---|
| Top Savings APY | 4.25% High-Yield Savings Account | 4.60% Pibank Savings |
| Minimum to Open | $2,500 | $0 |
| Minimum Balance for Top APY | $2,500 | $0.01 |
Ivy Bank
Strengths
- Ivy Bank offers a competitive APY of 4.25%.
- Ivy Bank has a higher App Store rating of 4.7.
- No maintenance fees for Ivy Bank's High-Yield Savings Account.
Potential Drawbacks
- Ivy Bank's APY is lower than Pibank's 4.60%.
- Ivy Bank requires a minimum deposit of $2,500.
Pibank
Strengths
- Pibank offers a higher APY of 4.60%.
- Pibank has no minimum deposit requirement for its savings account.
- Pibank has no maintenance fees for its savings account.
Potential Drawbacks
- Pibank has a low App Store rating of 2.4.
- Pibank's Google Play rating is only 1.8.
→ As of November 12, 2025 Ivy Bank offers an APY of 4.25% for its High-Yield Savings Account, with a minimum balance of $2,500, compared to Pibank's 4.60% APY for its Pibank Savings account, with a minimum balance of $0.01.
→ Pibank yields $35 more than Ivy Bank on a $10,000 balance after one year. Ivy Bank pays $425, while Pibank pays $460 - an APY advantage for Pibank.
Calculate Savings Growth for Ivy Bank vs Pibank
Ivy 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 OverviewPibank - Pibank Savings
Total savings breakdown:
- Interest earned: $2,825.8 (13.57%)
- Total contributions: $13,000 (62.42%)
- Initial deposit: $5,000 (24.01%)
Your total balance
$20,825.80
Total balance: $20,825.8
Earnings: $2,825.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Ivy Bank's total earnings would be $229 lower than Pibank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Ivy Bank's vs Pibank's Savings Accounts
| Ivy Bank | Pibank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | Pibank Savings |
| APY | 0.05% - 4.25% (as of 11/12/2025) | 4.60% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $2,500 | $0 | |
| Minimum Balance for APY | $2,500 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Eligibility | Residents of California and U.S. Territories (except District of Columbia) are ineligible to apply. | United States | |
| App Store Rating | 4.7/5 | 2.4/5 | |
| Google Play Rating | 3.5/5 | 1.8/5 | |
| BBB Rating | A- | A |
No historical data available.