Ivy Bank High-Yield Savings

Earn a highly competitive rate backed by a 192-year-old financial institution.

Earn a highly competitive 3.85% APY on balances of $2,500 or more
Absolutely no monthly maintenance fees
Includes a free, built-in Money Management tool to budget, track spending, and view your net worth across external accounts
Requires a $2,500 minimum opening deposit

How to maximize your Ivy Bank savings

Ivy Bank is the digital arm of Cambridge Savings Bank, offering the security of an established institution with the high rates of an online bank. Here is how to get the most out of your account.

Step 1: Meet the minimum balance

To earn the top 3.85% APY, you must maintain a daily balance of at least $2,500. Balances that drop below this threshold earn a standard 0.05% APY, so only use this account if you have a sizable emergency fund to park.

Step 2: Utilize the Money Management tool

Take advantage of the free budgeting software built right into their app. You can link your external checking accounts and credit cards to track all your finances in one centralized dashboard.

Step 3: Use it for long-term holds

Because the minimum balance is high, this account functions best as a true savings vault rather than an account you make frequent small transfers out of.

Wrap-up

If you have at least $2,500 to save, Ivy Bank offers a market-leading APY, zero maintenance fees, and top-tier digital budgeting tools all in one package.

Legal & Disclosures

Advertiser Disclosure

MyWealthWallet is not a bank. We are a financial education and content platform. We may receive compensation when you click on links to products from our partners. This compensation may influence which products we write about and where and how they appear on the page. However, it does not influence our evaluations or recommendations. Our opinions are our own.

Ivy Bank Savings Disclosures

Annual Percentage Yield (APY) of 3.85% is accurate as of July 2026. Minimum opening deposit of $2,500 required. To obtain the 3.85% APY, a minimum balance of $2,500 must be maintained. Balances between $10 and $2,499.99 earn 0.05% APY. Rates are variable and subject to change after the account is opened. Ivy Bank is a division of Cambridge Savings Bank, Member FDIC.

General Disclaimer

The information provided on this page is for educational and informational purposes only. It should not be construed as financial, investment, or tax advice. Before opening any account, please carefully review all terms, conditions, fees, and disclosures provided by the partner. Your individual circumstances may vary, and we recommend consulting with a qualified financial advisor before making any financial decisions.