Ivy Bank vs. Zynlo Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Ivy Bank vs. Zynlo Bank
Key Metrics at a Glance
| Feature | Ivy Bank | Zynlo Bank |
|---|---|---|
| Top Savings APY | 4.25% High-Yield Savings Account | 4.20% Tomorrow Savings Account |
| Minimum to Open | $2,500 | $10 |
| Minimum Balance for Top APY | $2,500 | $0.01 |
Ivy Bank
Strengths
- Ivy Bank offers a higher APY of 4.25% compared to Zynlo Bank's 4.20%.
- Ivy Bank has no maintenance fees for its High-Yield Savings Account.
- Ivy Bank's App Store rating is higher at 4.7 compared to Zynlo Bank's 4.0.
Potential Drawbacks
- Ivy Bank requires a higher minimum deposit of $2,500 compared to Zynlo Bank's $10.
- Ivy Bank has no branches, similar to Zynlo Bank.
Zynlo Bank
Strengths
- Zynlo Bank has a very low minimum deposit of $10 for its Tomorrow Savings Account.
- Zynlo Bank's BBB rating is A+, higher than Ivy Bank's A-.
Potential Drawbacks
- Zynlo Bank offers a lower APY of 4.20% compared to Ivy Bank's 4.25%.
- Zynlo Bank's App Store rating is lower at 4.0 compared to Ivy Bank's 4.7.
→ 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 Zynlo Bank's 4.20% APY for its Tomorrow Savings Account, with a minimum balance of $0.01.
→ Ivy Bank yields $5 more than Zynlo Bank on a $10,000 balance after one year. Ivy Bank pays $425, while Zynlo Bank pays $420 - an APY advantage for Ivy Bank.
Calculate Savings Growth for Ivy Bank vs Zynlo Bank
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 OverviewZynlo Bank - Tomorrow Savings Account
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Ivy Bank's total earnings would be $32.5 higher than Zynlo Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Ivy Bank's vs Zynlo Bank's Savings Accounts
| Ivy Bank | Zynlo Bank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | Tomorrow Savings Account |
| APY | 0.05% - 4.25% (as of 11/12/2025) | 4.20% (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 | $10 | |
| 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 | 4.0/5 | |
| Google Play Rating | 3.5/5 | 3.5/5 | |
| BBB Rating | A- | A+ |
No historical data available.