Axos Bank vs. Bask Bank
Comparing Axos Bank and Bask Bank for high-yield savings: Axos Bank's Axos ONE pays 4.21% APY while Bask Bank's Interest Savings Account pays 3.75% APY.
Note: Axos Bank requires a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Axos Bank pays $46 more than Bask Bank annually ($421 vs $375).
Choose Axos Bank if getting the best rate matters most, or BBB rating matters to you. Choose Bask Bank if you want a no-strings-attached account, or you want Zelle for quick transfers.
Important Considerations
Axos Bank requires a checking account to unlock its top savings rate, while Bask Bank offers its savings account standalone.
| Metric | Axos BankAxos ONE May 16, 2026 | Bask BankInterest Savings Account May 16, 2026 |
|---|---|---|
| APY | 4.21% | 3.75% |
Est. Earnings | $5,000+$211 $10,000+$421 $25,000+$1,053 | $5,000+$188 $10,000+$375 $25,000+$938 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Executive Summary
Axos Bank offers a competitive savings option with its Axos ONE account, which provides an impressive APY of 4.21% when bundled with a checking account. This account requires either a direct deposit of $1,500 or total monthly qualifying deposits of at least $5,000 to qualify for the highest rate. In contrast, Bask Bank's Interest Savings Account has a lower APY of 3.75%. Both banks feature online-only accounts with no maintenance fees and no minimum balance requirements, making them accessible for savers. However, Axos Bank stands out as the winner due to its higher APY.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Axos Bank?
- ✓Earn 0.51% APY on checking account
- ✓Access to 95,000 fee-free ATMs
- ✓Higher potential APY (3.75%-4.21% vs 3.75%) on all balances
- ✓Offers 2 different high-yield savings options
Why Bask Bank?
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
Axos BankAxos Bank's Axos ONE earns more on smaller deposits (approx. $421 vs $375/yr).
Better Returns at $25,000
Axos BankAxos Bank's Axos ONE pulls ahead with larger amounts (approx. $1053 vs $938/yr).
Best for All-in-One Banking
Axos BankAxos Bank's Axos ONE pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, Axos Bank's Axos ONE pays $46 more interest on a $10,000 balance than Bask Bank's Interest Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Axos Bank vs. Bask Bank Savings Calculator
You earn $46 more with Axos Bank than Bask Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Axos Bank
Axos ONE
Savings Breakdown
- Interest Earned+$421.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,421.00
Bask Bank
Interest Savings Account
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $374 per year in interest.
Both Axos Bank and Bask Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Axos Bank | Bask Bank |
|---|---|---|
| APY | 4.21% Verified: 5/16/2026 Stable (90d) | 3.75% Verified: 5/16/2026 ↗︎ 3.50%90d Change |
| Product Name | Axos ONE | Interest Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | None |
| Direct Deposit Req. | Not required, but is the easiest way to earn the highest APY. | None |
| Checking Bundle | Yes | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Available for Interest Checking; not for standalone savings. |
| BBB Rating | A+ | B |
| Important Notes | The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000. | - |
| Next Steps | Visit SiteVerify at Axos Bank Non-sponsored link to official site | Visit SiteVerify at Bask Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Axos Bank | Bask Bank | ||
|---|---|---|---|---|
| Summit Savings | Axos ONE | High Yield Savings | Interest Savings Account | |
Current APY | 3.75% | 4.21% | 0.61% | 3.75% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -3.5 | -4.5 | -0.0 | -34.9 |
Days Since Change | 156 | 105 | 362 | 14 |
12-Month High | 4.00% | 4.66% | 0.61% | 4.20% |
12-Month Low | 3.75% | 4.21% | 0.61% | 0.25% |
Adjustments / Mo | 0.08 | 0.33 | 0.00 | 0.49 |
Volatility Score | 0.032 | 0.038 | 0.000 | 0.569 |
How to read these metrics(Click to expand)
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Compare Axos Bank's APY of 4.21% with other banks
Compare Bask Bank's APY of 3.75% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Bask Bank vs Ally Bank | 3.10% | $0 |
| Bask Bank vs American Express | 3.20% | $0 |
| Bask Bank vs Barclays | 3.75% | $0 |
| Bask Bank vs Capital One | 3.10% | $0 |
| Bask Bank vs Chime | 3.00% | $0 |
| Bask Bank vs CIT Bank | 3.75% | $100 |
| Bask Bank vs Discover Bank | 3.30% | $0 |
| Bask Bank vs EverBank | 3.90% | $0 |
| Bask Bank vs Marcus by Goldman Sachs | 3.50% | $0 |
| Bask Bank vs Newtek Bank | 4.20% | $0.01 |
| Bask Bank vs Openbank | 4.00% | $500 |
| Bask Bank vs Pibank | 4.40% | $0 |
| Bask Bank vs SoFi Bank | 4.00% | $0 |
| Bask Bank vs Synchrony Bank | 3.40% | $0 |
| Bask Bank vs Varo Bank | 5.00% | $0 |
| Bask Bank vs Wealthfront | 4.20% | $0 |