Ivy Bank vs. Popular Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Ivy BankHigh-Yield Savings Account Jan 7, 2026 | Popular DirectPopular Direct Select Savings Jan 7, 2026 |
|---|---|---|
| APY | 0.05% - 4.10% | 3.90% |
Est. Earnings | $5,000+$205 $10,000+$410 $25,000+$1,025 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $2,500 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredMod. MinimumGreat iOS App | FDIC InsuredLow Minimums |
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 Ivy Bank vs. Popular Direct
As of Ivy Bank offers an APY of 4.10% for its High-Yield Savings Account, with a minimum balance of $2,500, compared to Popular Direct's 3.90% APY for its Popular Direct Select Savings account, with a minimum balance of $0.01.
Ivy Bank pays $20 more than Popular Direct on a $10,000 balance after one year. Ivy Bank pays $410, while Popular Direct pays $390 - an APY advantage for Ivy Bank.
Why Ivy Bank?
- ✓Higher potential APY (4.10% vs 3.90%) on all balances
- ✓Higher rated iOS app (4.7 vs 1.3)
Why Popular Direct?
- ✓No checking account or direct deposit required
- ✓Available Nationwide
— Key Feature Differences —
Better Returns at $10,000
Ivy BankIvy Bank's High-Yield Savings Account earns more on smaller deposits (approx. $410 vs $390/yr).
Better Returns at $25,000
Ivy BankIvy Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $975/yr).
Best for Simplicity
Popular DirectPopular Direct's Popular Direct Select Savings offers 3.90% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Ivy Bank's High-Yield Savings Account pays $20 more interest on a $10,000 balance than Popular Direct's Popular Direct Select Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Ivy Bank's High-Yield Savings Account offers a competitive APY of 4.10%, making it the top choice for savers looking to maximize their returns. With a minimum deposit of $2,500 and no maintenance fees, this online-only account is ideal for residents of California and U.S. Territories, though eligibility is restricted. In comparison, Popular Direct's Select Savings account provides a solid APY of 3.90% with a much lower minimum deposit of just $100 and no fees, making it a simpler option for those who prioritize ease of access. Both accounts compound daily and have no direct deposit requirements.
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
Ivy Bank vs. Popular Direct Savings Calculator
You earn $20 more with Ivy Bank than Popular 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.
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
Popular Direct
Popular Direct Select Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Ivy Bank | Popular Direct |
|---|---|---|
| APY | 4.10% Range: 0.05% - 4.10% Verified: 1/7/2026 - | 3.90% Verified: 1/7/2026 ↘︎ 0.15%90d Change |
| Product Name | High-Yield Savings Account | Popular Direct Select Savings |
| Minimum Deposit | $2,500 | $100 |
| Min. Balance for APY | $2,500 | $0.01 |
| 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 | iOS4.7 Android3.5 | iOS1.3 Android1.3 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A- | A+ |
| Next Steps | Visit SiteVerify at Ivy Bank Non-sponsored link to official site | Visit SiteVerify at Popular Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ivy Bank | Popular Direct |
|---|---|---|
| High-Yield Savings Account | Popular Direct Select Savings | |
Current APY | 4.10% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -11.9 | -8.1 |
Days Since Change | 22 | 23 |
2-Month High | 4.25% | 4.00% |
2-Month Low | 4.10% | 3.90% |
Adjustments / Mo | 0.55 | 0.55 |
Volatility Score | 0.018 | 0.013 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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