Presidential Bank vs. Wealthfront
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Presidential BankAdvantage Savings Jan 7, 2026 | WealthfrontCash Account Jan 7, 2026 |
|---|---|---|
| APY | 3.25% - 3.75% | 3.25% - 3.90% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$171 $10,000+$341 $25,000+$853 |
Min Deposit | $5,000 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront. |
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedDirect Deposit ReqChecking Bundle | FDIC InsuredNo MinimumsGreat iOS AppGreat Android App |
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 Presidential Bank vs. Wealthfront
As of Presidential Bank offers an APY of 3.75% for its Advantage Savings account, with a minimum balance of N/A, compared to Wealthfront's 3.90% APY for its Cash Account, with a minimum balance of $0.
Presidential Bank pays $34 more than Wealthfront on a $10,000 balance after one year. Presidential Bank pays $375, while Wealthfront pays $341 (with an effective APY of 3.41%) - an APY advantage for Presidential Bank.
Why Presidential Bank?
- ✓Physical branch access (10 locations in Maryland, Virginia and Washington D.C.)
- ✓Fast transfers via Zelle®
Why Wealthfront?
- ✓Higher potential APY (3.90% vs 3.75%) for a duration of 3 months
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.9 vs 4.2)
— Key Feature Differences —
Better Returns at $10,000
Presidential BankPresidential Bank's Advantage Savings earns more on smaller deposits (approx. $375 vs $341/yr).
Better Returns at $25,000
Presidential BankPresidential Bank's Advantage Savings pulls ahead with larger amounts (approx. $938 vs $853/yr).
Best for Simplicity
WealthfrontWealthfront's Cash Account offers 3.90% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
Presidential BankPresidential Bank's Advantage Savings pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, Presidential Bank's Advantage Savings pays $34 more interest on a $10,000 balance than Wealthfront's Cash Account.
*This comparison accounts for Wealthfront's introductory promotional rate, yet Presidential Bank's standard rate still yields a higher 1-year return.
Executive Summary as of
Wealthfront offers a Cash Account with a competitive APY of 3.90%, which is higher than Presidential Bank's Advantage Savings at 3.75%. Wealthfront's account requires no minimum deposit and does not mandate a direct deposit, making it a simpler option for users. In contrast, to earn the higher APY with Presidential Bank, customers must have a monthly direct deposit of $500 into an Advantage Checking Account, alongside a minimum deposit of $5,000. While both accounts yield a lower APY of 3.25% after an introductory period for Wealthfront, the overall ease of access and higher initial rate positions Wealthfront as the winner based on the provided data.
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
Presidential Bank vs. Wealthfront Savings Calculator
You earn $32.5 more with Presidential Bank than Wealthfront 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.
Presidential Bank
Advantage Savings
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
Wealthfront
Cash Account
Promo Rate: 3.90% for 3 months, then 3.25%.
Savings Breakdown
- Interest Earned+$342.50(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,342.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Presidential Bank | Wealthfront |
|---|---|---|
| APY | 3.75% Range: 3.25% - 3.75% Verified: 1/7/2026 ↘︎ 0.75%90d Change | 3.90% Range: 3.25% - 3.90% Verified: 1/7/2026 - |
| Product Name | Advantage Savings | Cash Account |
| Minimum Deposit | $5,000 | $0 |
| Min. Balance for APY | N/A | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | RequiredTo earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | None |
| Checking Bundle | Yes | No |
| Mobile Apps | iOS4.8 Android4.2 | iOS4.8 Android4.9 |
| Zelle® Support | Available Native integration; Advantage Savings supports Zelle. | Not Supported |
| BBB Rating | A- | F |
| Important Notes | - | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront. |
| Next Steps | Visit SiteVerify at Presidential Bank Non-sponsored link to official site | Visit SiteVerify at Wealthfront Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Presidential Bank | Wealthfront |
|---|---|---|
| Advantage Savings | Cash Account | |
Current APY | 3.75% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -28.7 | -18.8 |
Days Since Change | 21 | 19 |
2-Month High | 4.25% | 4.15% |
2-Month Low | 3.75% | 3.90% |
Adjustments / Mo | 1.09 | 0.55 |
Volatility Score | 0.043 | 0.030 |
How to read these metrics(Click to expand)
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