Ally Bank vs. Bask Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Ally Bank
Savings Account
3.30%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Ally Bank
Savings Account
Bask Bank
Interest Savings Account
3.90%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Bask Bank
Interest Savings Account
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Comparison Analysis
Comparing Ally Bank vs. Bask Bank
Why Ally Bank?
No distinct advantages found vs Bask Bank.
Why Bask Bank?
- ✓Higher potential APY (3.90% vs 3.30%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Bask BankBask Bank's Interest Savings Account earns more on smaller deposits (approx. $390 vs $330/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $975 vs $825/yr).
Best for Simplicity
Bask BankBask Bank's Interest Savings Account offers 3.90% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bask Bank's Interest Savings Account pays $60 more interest on a $10,000 balance than Ally Bank's Savings Account.
Executive Summary
Bask Bank offers a competitive Interest Savings Account with an APY of 3.90%, making it the winner among the two banks. This account provides better returns on both smaller and larger deposits compared to Ally Bank's Savings Account, which has an APY of 3.30%. Both accounts require no minimum deposit or balance and have no maintenance fees, but Bask Bank stands out for its simplicity, as it does not require direct deposit or bundling. Both banks operate online only.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Ally Bank and Bask Bank.
| Feature | Ally Bank | Bask Bank |
|---|---|---|
| APY | 3.30% Verified: 12/6/2025 ↘︎ 0.20%90d Change | 3.90% Verified: 12/6/2025 ↘︎ 0.25%90d Change |
| Product Name | Savings Account | Interest Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.4 | iOS4.7 Android4.5 |
| BBB Rating | A+ | B |
| Next Steps |
Savings Comparison
Bask Bank earns $383.1 more than Ally Bank.
Ally Bank
Savings Account
Savings Breakdown
- Interest Earned+$1,987.10(9.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,987.10
Bask Bank
Interest Savings Account
Savings Breakdown
- Interest Earned+$2,370.20(11.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,370.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ally Bank | Bask Bank |
|---|---|---|
| Savings Account | Interest Savings Account | |
Current APY | 3.30% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.3 | -4.4 |
Days Since Change | 36 | 29 |
10-Month High | 3.80% | 4.50% |
10-Month Low | 3.30% | 3.90% |
Adjustments / Mo | 0.48 | 0.48 |
Volatility Score | 0.039 | 0.035 |
How to read these metrics(Click to expand)
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