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Member FDIC FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Security Reminder: Ivy Bank will never call, email, or text to ask for your passwords, PINs, or account details. We will never send links requesting your login or credentials, or ask you to change your phone settings. If you receive a suspicious message, don’t respond—contact us directly through our official, secure channels.

Savings accounts that help you grow to new heights.

Ivy Bank provides you with nationally competitive market rates. With a quick and easy application process, you can apply for your account in minutes and earn 9x the national average savings account rate4.

FDIC Insured

Feel confident knowing

your deposits are

FDIC Insured.2

Transfer Funds

Make transfers between your Ivy Bank accounts and your external accounts.3

a background pattern of the ivy bank logo

High-Yield
Savings Account

3.85%APY1

Market-Leading Rates

  • Apply for an account in minutes
  • $2,500 minimum opening balance
  • $2,500 minimum balance to earn rate and APY
  • Earn 9x the national average savings account rate4.
  • See below for full disclosure
Open an Account

FDIC Insured

Feel confident knowing

your deposits are

FDIC Insured.2

Transfer Funds

Make transfers between your Ivy Bank accounts and your external accounts.3

Apply for an account in minutes.

Applying for an account is easy. Complete the application in minutes to get started.

1

Start your application.

Click Apply Now to start the
application.

2

Give us a few details.

It will only take a couple of minutes.

3

Add funds into your account.

Add funds to your new Ivy Bank account
by making a transfer from another bank.3

 

Open an Account

Make Progress Towards Your Financial Goals

Once you open your Ivy Bank account, you'll have immediate access to our sophisticated Money Management tool. With Money Management, you'll gain powerful insights into your full financial picture so that you can interact with your finances in a meaningful way. 

More About Money Management

Devices with Money Management Tool Screenshots

Savings Account FAQs

In Online Banking and our mobile app, the Annual Percentage Yield (APY) displays on the Accounts page below the Current Balance. Click into the Account and then select Details & Settings to view all of your account details.

Transfers and withdrawals from Ivy Bank Savings accounts may be limited to a total of six per calendar month. 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. See the Ivy Bank Understanding Your Deposit Account Handbook for details.

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

See the Ivy Bank Understanding Your Deposit Account Handbook for details.

You can withdraw money from your account via eTransfer, Domestic Wire Transfer or 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. See the Ivy Bank Understanding Your Deposit Account Handbook for details.

To rename your account, select the 3 vertical dots next to your account on the Accounts page, then select Nickname. Enter your new nickname and click Save.

To sort your accounts, select and hold the 6 dots and drag your accounts into the order you would like.

You may also favorite and unfavorite your accounts to choose which will show on the Accounts page.

See more FAQs

For more details on our personal savings accounts, please refer to our disclosures.

1Rates effective as of 2/18/26. Minimum opening deposit of $2,500. The minimum balance to obtain the 3.85% Annual Percentage Yield (APY) is $2,500. If your balance is between $10 - $2,499.99, the interest rate is 0.05% and the APY is 0.05%. The maximum account balance to receive the 3.85% APY is $1,000,000. This is a tiered variable rate account, and rates may change after the account is opened. Fees may reduce earnings.

2FDIC Insured up to the maximum amount allowed by law. Ivy Bank and Cambridge Savings Bank are treated as the same entity for the purposes of calculating FDIC insurance limits. 

3Transfers and withdrawals from Ivy Bank savings accounts may be limited to a total of six per calendar month. Withdrawals and transfers shall only be made payable to one or more of the owners of the account. 

4The National Savings Account Average is calculated monthly by the Federal Deposit Insurance Corporation (FDIC) and can be found on FDIC.gov.