Ivy Bank Rates —
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Ivy Bank is the online-only division of Cambridge Savings Bank, a long-established Massachusetts mutual bank, and one of the institutions we track for YourBestSavings. It keeps its lineup focused: a single High-Yield Savings account and a straightforward CD ladder, opened online and available to savers nationwide. Below is every Ivy account we monitor, ranked by the ByTheMath score and verified daily against Ivy’s published rates. We rank by the math; no institution pays to appear or move up.
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What stands out at Ivy Bank
Ivy’s High-Yield Savings account posts one of the more competitive online savings rates we track, but there is an important catch: the headline APY applies to balances of $2,500 and above, while balances from $10 to $2,499.99 earn only a token rate — so this account rewards savers who can keep it funded. Its CDs require a $1,000 minimum and run from 3 to 60 months, with the shortest terms currently paying the most. Ivy is a savings-and-CD bank — there is no checking account or debit access — so most savers pair it with a checking account elsewhere.
How we rank these accounts
Every account is scored by the ByTheMath method — APY weighted most heavily, then accessibility and flexibility — and grouped by type below, best first. Effective APY reflects the rate you would actually earn after any balance caps or conditions, which is why a capped or conditional rate does not automatically outrank a straightforward one. We may earn a commission when you open an account through our links, at no cost to you, and no commission ever changes the order; see our affiliate disclosure and methodology.
Fees, access & insurance
Ivy Bank deposits are held at Cambridge Savings Bank, a member FDIC bank, and are insured up to $250,000 per depositor, per ownership category. Accounts are opened and managed entirely online. Because Ivy offers only savings and CDs, there is no checking account, debit card, or branch access through the Ivy brand. Use the insurance calculator to confirm coverage across accounts.
Ivy Bank is the online division of Cambridge Savings Bank, a Massachusetts-based mutual bank. Deposits are held at Cambridge Savings Bank, which is a member FDIC bank.
Yes. The headline High-Yield Savings APY applies to balances of $2,500 and above. Balances from $10 to $2,499.99 earn a much lower rate, so the account is best if you can keep it funded above the threshold.
No. Ivy is savings-and-CD only — there is no checking account, debit card, or ATM access through the Ivy brand. Many savers pair it with a checking account at another bank.
Daily. Each account shows the date its APY was last verified against Ivy Bank’s own rate pages.
See where its accounts land against the whole market on our high-yield savings and CD rate rankings.