Presidential Bank vs. Wealthfront
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Presidential Bank vs. Wealthfront
Key Metrics at a Glance
| Feature | Presidential Bank | Wealthfront |
|---|---|---|
| Top Savings APY | 4.25% Advantage Savings | 4.15% Cash Account |
| Minimum to Open | $5,000 | $0 |
| Minimum Balance for Top APY | N/A | $0 |
| Note | 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 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. |
Presidential Bank
Strengths
- Presidential Bank offers a higher APY of 4.25% compared to Wealthfront's 4.15%.
- Presidential Bank has 10 branches in Maryland, Virginia, and Washington D.C.
- Presidential Bank's App Store rating is 4.8, equal to Wealthfront's.
Potential Drawbacks
- Presidential Bank requires a monthly direct deposit of $500 to earn the higher APY.
- The APY for Presidential Bank decreased from 4.50% to 4.25% in the last 30 days.
- Presidential Bank is not BBB Accredited despite an A- rating.
Wealthfront
Strengths
- Wealthfront has a higher Google Play rating of 4.9 compared to Presidential Bank's 4.1.
- Wealthfront has no minimum deposit or balance requirements for its Cash Account.
- Wealthfront offers a promotional APY of 4.15% for the first 3 months.
Potential Drawbacks
- Wealthfront has an F BBB rating and is not BBB Accredited.
- Wealthfront does not have any physical branches.
- After 3 months, Wealthfront's APY drops to 3.50%.
→ As of November 12, 2025 Presidential Bank offers an APY of 4.25% for its Advantage Savings account, with a minimum balance of N/A, compared to Wealthfront's 4.15% APY for its Cash Account, with a minimum balance of $0.
→ Presidential Bank yields $10 more than Wealthfront on a $10,000 balance after one year. Presidential Bank pays $425, while Wealthfront pays $415 - an APY advantage for Presidential Bank.
Calculate Savings Growth for Presidential Bank vs Wealthfront
Presidential Bank - Advantage Savings
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 OverviewWealthfront - Cash Account
Total savings breakdown:
- Interest earned: $2,531.8 (12.33%)
- Total contributions: $13,000 (63.32%)
- Initial deposit: $5,000 (24.35%)
Your total balance
$20,531.80
Total balance: $20,531.8
Earnings: $2,531.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Presidential Bank's total earnings would be $65 higher than Wealthfront's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Presidential Bank's vs Wealthfront's Savings Accounts
| Presidential Bank | Wealthfront | ||
|---|---|---|---|
| Product | Advantage Savings | vs | Cash Account |
| APY | 3.75% - 4.25% (as of 11/12/2025) | 3.50% - 4.15% (as of 11/12/2025) | |
| Bundled Account | Yes | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | Yes | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $5,000 | $0 | |
| Minimum Balance for APY | N/A | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | No | |
| Note | 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 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. | ||
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.1/5 | 4.9/5 | |
| BBB Rating | A- | F |
No historical data available.