Available nationwide, Ivy Bank High-Yield Savings is offering a 4.25% APY rate. Definitely continue reading below for everything you would need to know about the attractive account and rate!
Update 12/24/24: The rate has decreased to 4.25% APY from 4.60%.
Ivy Bank High-Yield Savings Account Review
Ivy Bank has been helping customers improve their financial well-being since 1834 throughout the greater Boston area. They offer competitive higher-interest rate savings products, an exceptional digital experience, and money management tools.
I’ll review Ivy Bank High-Yield Savings below.
Ivy Bank High-Yield Savings Account Rate
To earn Ivy Bank’s competitive rate, simply have any minimum balance. That’s all it takes and you’ll get to enjoy earning the competitive rate.
- Eligible account: High-Yield Savings
- Credit Inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $2,500
- Monthly fee: There are no monthly service fees
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn Ivy Bank Rate
- Start your application.
- Provide a few details. It will only take a couple of minutes.
- Add funds to your new Ivy Bank account by making a transfer from another bank
- Earn 4.25% APY.
| Balance Requirement | APY Rate |
| $2,500+ | 4.25% APY |
Editor’s Note: What are the transfer limits?
- Inbound Transfers:
- Online Banking eTransfer: $250,000 limit per transfer/day and up to $1,000,000 limit per calendar month
- Mobile Deposit: $50,000 per item limit and $100,000.00 rolling 30-day limit
- Wire Transfer: Up to maximum account balance ($1,000,000.00)
- Outbound Transfers:
- Online Banking eTransfer: Log in to Online Banking to view your outbound limits.
- Domestic Wire Transfer: $250,000 per wire
Ivy Bank Account Features
- Nationally competitive rate
- Mobile Banking
- FDIC Insured
Deposit Options
You can deposit funds to your Ivy Bank Savings account through the following options:
You can fund your account via:
- Plaid– Authentication
- Manual entry of your external bank routing and account numbers
You can make deposits to your account via:
- eTransfer
- Mobile Deposit
- Domestic wire transfer
- Mail deposit
Withdraw Options
You can withdraw funds from your Ivy Bank Savings account through the following options:
- eTransfer
- Domestic Wire Transfer
- Treasurer’s Check.
Withdrawals and transfers made from your account shall only be made payable to one or more of the owners of the account from which the withdrawal or transfer was made.
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Conclusion
Ivy Bank is offering a great APY Rate for their High-Yield Savings Account. Definitely open an account so you can start saving with a fantastic account while offering a competitive APY Rate.
In addition to the rate from Ivy Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
Let us know about your experience with this bank and comment below.
