Presidential Bank vs. Wealthfront
Comparing Presidential Bank and Wealthfront for high-yield savings: Presidential Bank's Advantage Savings pays 3.75% APY while Wealthfront's Cash Account pays 3.95% APY (including a 3-month 0.65% promo boost).
Note: Presidential Bank requires a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Presidential Bank pays $29 more than Wealthfront annually ($375 vs $346).
Choose Presidential Bank if getting the best rate matters most, you want to avoid a promo rate with a scheduled drop, you value in-person banking, or you want Zelle for quick transfers. Choose Wealthfront if you're an Android user.
Important Considerations
The key difference? Wealthfront's 3.95% rate includes a promotional bonus for the first 3 months, after which it reverts to the standard rate (currently 3.30%). Presidential Bank's 3.75% rate has no scheduled drop, though all rates are subject to change.
Presidential Bank requires a checking account to unlock its top savings rate, while Wealthfront offers its savings account standalone.
| Metric | Presidential BankAdvantage Savings Feb 21, 2026 | WealthfrontCash Account Feb 21, 2026 |
|---|---|---|
| APY | 3.25% - 3.75% | 3.30% - 3.95% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$173 $10,000+$346 $25,000+$866 |
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 3.95% for 3 months, after which the 3.30% APY applies. See terms at Wealthfront. |
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedDirect Deposit ReqChecking BundleRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing Presidential Bank vs. Wealthfront
Executive Summary
Wealthfront's Cash Account is the winner with a higher APY of 3.95%, compared to Presidential Bank's Advantage Savings at 3.75%. Wealthfront's account requires no minimum deposit or direct deposit, making it a simple choice for savers. In contrast, to earn the higher APY from Presidential Bank, customers must have a monthly direct deposit of $500 into an Advantage Checking Account. While both accounts are FDIC-insured, Wealthfront operates online only, whereas Presidential Bank offers traditional banking services. For those looking for higher returns with fewer conditions, Wealthfront is the preferable option.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Presidential Bank?
- ✓Physical branch access (10 locations in Maryland, Virginia and Washington D.C.)
- ✓Fast transfers via Zelle®
Why Wealthfront?
- ✓Higher potential APY (3.95% 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 $346/yr).
Better Returns at $25,000
Presidential BankPresidential Bank's Advantage Savings pulls ahead with larger amounts (approx. $938 vs $866/yr).
Best for Simplicity
WealthfrontWealthfront's Cash Account offers 3.95% 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 $29 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Presidential Bank vs. Wealthfront Savings Calculator
You earn $27.5 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: 3.95% for 3 months, then 3.30%.
Savings Breakdown
- Interest Earned+$347.50(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,347.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $345 per year in interest.
Both Presidential Bank and Wealthfront dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Presidential Bank | Wealthfront |
|---|---|---|
| APY | 3.75% Range: 3.25% - 3.75% Verified: 2/21/2026 ↘︎ 0.25%90d Change | 3.95% Range: 3.30% - 3.95% Verified: 2/21/2026 ↘︎ 0.20%90d Change |
| Product Name | Advantage Savings | Cash Account |
| Minimum Deposit | $5,000 | $0 |
| Min. Balance for APY | N/A | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Monthly | Daily |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Physical Branches | 10 locations in Maryland, Virginia and Washington D.C. | None |
| 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 | ||
| FDIC Insured | YesVerify FDIC | Yes |
| Zelle® Support | Available Native integration; Advantage Savings supports Zelle. | Not Supported |
| BBB Rating | Not Rated | 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 3.95% for 3 months, after which the 3.30% 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% | 3.95% |
Trend | Stable | Stable |
Velocity (bps/mo) | -13.2 | -8.6 |
Days Since Change | 66 | 22 |
3-Month High | 4.25% | 4.15% |
3-Month Low | 3.75% | 3.90% |
Adjustments / Mo | 0.60 | 0.60 |
Volatility Score | 0.041 | 0.028 |
How to read these metrics(Click to expand)
Compare Similar Alternatives
Compare Presidential Bank vs...
Comparing against other Bundled Accounts
Compare Wealthfront vs...
Comparing against Standard Savings
More Comparisons
Compare Presidential Bank's APY of 3.75% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Presidential Bank vs Ally Bank | 3.20% | $0 |
| Presidential Bank vs American Express | 3.30% | $0 |
| Presidential Bank vs Axos Bank | 4.21% | $0 |
| Presidential Bank vs Bank of America | 0.01% | $100 |
| Presidential Bank vs Barclays | 3.85% | $0 |
| Presidential Bank vs Capital One | 3.30% | $0 |
| Presidential Bank vs Chase Bank | 0.01% | $0 |
| Presidential Bank vs Chime | 3.00% | $0 |
| Presidential Bank vs CIT Bank | 3.75% | $100 |
| Presidential Bank vs Citibank | 3.20% | $0 |
| Presidential Bank vs Discover Bank | 3.30% | $0 |
| Presidential Bank vs EverBank | 3.90% | $0 |
| Presidential Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Presidential Bank vs Newtek Bank | 4.20% | $0.01 |
| Presidential Bank vs Openbank | 4.09% | $500 |
| Presidential Bank vs Pibank | 4.60% | $0 |
| Presidential Bank vs SoFi Bank | 4.00% | $0 |
| Presidential Bank vs Synchrony Bank | 3.50% | $0 |
| Presidential Bank vs Varo Bank | 5.00% | $0 |
| Presidential Bank vs Wells Fargo | 0.05% | $25 |