Ivy Bank vs. Presidential Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Ivy BankHigh-Yield Savings Account Jan 7, 2026 | Presidential BankAdvantage Savings Jan 7, 2026 |
|---|---|---|
| APY | 0.05% - 4.10% | 3.25% - 3.75% |
Est. Earnings | $5,000+$205 $10,000+$410 $25,000+$1,025 | $5,000+$188 $10,000+$375 $25,000+$938 |
Min Deposit | $2,500 | $5,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredMod. MinimumGreat iOS App | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedDirect Deposit ReqChecking Bundle |
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. Presidential Bank
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 Presidential Bank's 3.75% APY for its Advantage Savings account, with a minimum balance of N/A.
Ivy Bank pays $35 more than Presidential Bank on a $10,000 balance after one year. Ivy Bank pays $410, while Presidential Bank pays $375 - an APY advantage for Ivy Bank.
Why Ivy Bank?
- ✓Higher potential APY (4.10% vs 3.75%) on all balances
- ✓No checking account or direct deposit required
Why Presidential Bank?
- ✓Physical branch access (10 locations in Maryland, Virginia and Washington D.C.)
- ✓Higher rated Android app (4.2 vs 3.5)
- ✓Fast transfers via Zelle®
- ✓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 $375/yr).
Better Returns at $25,000
Ivy BankIvy Bank's High-Yield Savings Account pulls ahead with larger amounts (approx. $1025 vs $938/yr).
Shared Benefits
Over a 1-year period, Ivy Bank's High-Yield Savings Account pays $35 more interest on a $10,000 balance than Presidential Bank's Advantage Savings.
*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%, making it the superior choice for savers looking to maximize returns. This account is online-only and requires a minimum deposit of $2,500, but does not mandate direct deposit. In contrast, Presidential Bank's Advantage Savings account provides a lower APY of 3.75% and necessitates a monthly direct deposit of $500 into an Advantage Checking Account to earn this rate. While both accounts have no maintenance fees, Ivy Bank's higher yield makes it the preferred option for those eligible, as residents of California and U.S. Territories (except District of Columbia) cannot apply.
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. Presidential Bank Savings Calculator
You earn $35 more with Ivy Bank than Presidential Bank 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
Presidential Bank
Advantage Savings
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Ivy Bank | Presidential Bank |
|---|---|---|
| APY | 4.10% Range: 0.05% - 4.10% Verified: 1/7/2026 - | 3.75% Range: 3.25% - 3.75% Verified: 1/7/2026 ↘︎ 0.75%90d Change |
| Product Name | High-Yield Savings Account | Advantage Savings |
| Minimum Deposit | $2,500 | $5,000 |
| Min. Balance for APY | $2,500 | N/A |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.7 Android3.5 | iOS4.8 Android4.2 |
| Zelle® Support | Not Supported | Available Native integration; Advantage Savings supports Zelle. |
| BBB Rating | A- | A- |
| Next Steps | Visit SiteVerify at Ivy Bank Non-sponsored link to official site | Visit SiteVerify at Presidential Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ivy Bank | Presidential Bank |
|---|---|---|
| High-Yield Savings Account | Advantage Savings | |
Current APY | 4.10% | 3.75% |
Trend | Stable | Stable |
Velocity (bps/mo) | -11.9 | -28.7 |
Days Since Change | 22 | 21 |
2-Month High | 4.25% | 4.25% |
2-Month Low | 4.10% | 3.75% |
Adjustments / Mo | 0.55 | 1.09 |
Volatility Score | 0.018 | 0.043 |
How to read these metrics(Click to expand)
Compare Similar Alternatives
Compare Ivy Bank vs...
Comparing against Standard Savings
Compare Presidential Bank vs...
Comparing against other Bundled Accounts