Available nationwide, Ivy Bank High-Yield Savings Account is offering you a 4.25% APY on your funds.
Update 12/24/24: The rate has decreased to 4.25% APY from 4.60%.
About Ivy Bank
Established in 1834, Cambridge Savings Bank’s Ivy Bank is its digital banking section. Deposits at Ivy Bank and Cambridge Savings Bank are pooled for FDIC insurance limitations purposes and are not independently insured.
Ivy Bank High-Yield Savings
To earn Ivy Bank’s competitive rate, simply have an opening deposit of $2,500. That’s all it takes and you’ll get to enjoy earning the high rate.
- Account Type: High-Yield Savings
- Rate Offer: 4.25% APY Rate
- Availability: Nationwide
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Minimum Balance: $2,500
- Maximum Balance: $1,000,000
- Monthly Fee: $0
- Early Termination Fee: None Listed
(FDIC Insured)
Ivy Bank ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | Log in to Online Banking to view your outbound limits. |
| Pull | ? | $250K | $1M | Wire Transfer up to $1,000,000 |
Editor’s Note: Help us with the table above in the comment section if you have experience with Ivy Bank’s ACH capabilities.
Account Rates
| Balance Requirement | APY Rate |
| $2,500 – $1,000,000 | 4.25% APY |
Ivy Bank Account Benefits
- Receive high earnings without paying back in monthly fees
- Funding accounts is made easy via bank transfers, mobile deposit, wire transfer or check
- Manage your accounts at your leisure from your computer, tablet or mobile device
- All deposits are FDIC insured to the maximum amount allowed by the law
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Author’s Verdict
Check out Ivy Bank and open a High-Yield Savings account this amazing rate! If you are looking to open a new savings account and want to earn a competitive rate on your funds, consider opening a high-yield savings and earn a high APY Rate.
In addition to the current rate from Ivy Bank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!
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