Bask Bank: Savings Account & Rates
Mission: Banksparency aims to make Bask Bank's savings accounts transparent and comparable to the market.
Savings Overview
Interest Savings Account
| Min. Deposit | $0 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.25% APY.
Bank Overview
- HQ LocationRichardson, Texas
- Founded2020
- Ratings & Trust
- Deposit InsuranceFDIC Insured(Cert: 34383)
Our Take on Bask Bank
Highlights
- High APY of 3.90% for savings
- No maintenance fees or minimum balance
- Online-only account for easy access
- Good app ratings: 4.7 (iOS), 4.5 (Android)
Considerations
- Not BBB Accredited
- No branches available
- Direct deposit not supported
- APY decreased from 4.05% in last 30 days
Top Market Contenders
See how Bask Bank compares to the highest rates available.
Savings Account: In-Depth View
Savings Account Offered by Bask Bank
| Feature | Interest Savings Account |
|---|---|
APY | 3.90%Verified: 12/6/2025 |
APY Trend | 30 days ↘︎ 0.15% 90 days ↘︎ 0.25% |
Min. Deposit | $0 |
Min. Balance | $0 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | Daily |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps | - |
Calculate Savings for Bask Bank
Savings Breakdown
- Interest Earned+$1,526.90(9.8%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,526.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Bask Bank Savings Rates Over Time
Historical APY Insights
Last 12 Months| Metric | Interest Savings Account |
|---|---|
Latest APY | 3.90% |
Trend | Sideways |
Slope (bps/mo) | -4.6 |
Rate Changes / Mo | 0.51 |
Days Since Last Change | 29 |
High (-12m) | 4.65% |
Low (-12m) | 3.90% |
Draw-down | -16.1% |
Volatility (CV) | 0.040 |
How to read these metrics▼
Trends & Velocity
- Trend
- The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
- Slope (bps/mo)
- Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
- Rate Changes / Mo
- "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
- High/Low
- The absolute ceiling and floor of the rate during the 354-day window.
- Volatility Score
- Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
- Days Since Change
- If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.
Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.
Compare with Bask Bank
| Feature | Current View Bask Bank | Empty Slot |
|---|---|---|
| Product | Interest Savings Account | - |
APY | 3.90%Verified: 12/6/2025 | - |
APY Trend | 30 days ↘︎ 0.15% 90 days ↘︎ 0.25% | - |
| Min. Deposit | $0 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Daily | - |
FDIC Insured | Yes | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Bask Bank's APY of 3.90% with other banks
Alternatives to Bask Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
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Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.
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