Barclays vs. Bask Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of Barclays vs. Bask Bank
Key Metrics at a Glance
| Feature | Barclays | Bask Bank |
|---|---|---|
| Top Savings APY | 4.10% Tiered Savings | 3.90% Interest Savings Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $250,000 | $0 |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. |
Barclays
Strengths
- Barclays offers a higher APY of 4.10% for balances over $250,000.
- Barclays has an A+ BBB rating and is BBB Accredited.
- Barclays has a higher App Store rating of 4.9.
Potential Drawbacks
- Barclays requires a minimum balance of $250,000 to earn the highest APY.
- Barclays does not have any physical branches.
Bask Bank
Strengths
- Bask Bank has no minimum balance requirement for its savings account.
- Bask Bank has a lower maintenance fee structure with no fees.
- Bask Bank offers a competitive APY of 3.90%.
Potential Drawbacks
- Bask Bank's APY decreased from 4.05% over the last 30 days.
- Bask Bank has a lower BBB rating of B and is not BBB Accredited.
- Bask Bank has a lower App Store rating of 4.7.
→ As of 11/16/2025 both Barclays (Tiered Savings) and Bask Bank (Interest Savings Account) offer an APY of 4.10% .
→ Both banks yield $390 in interest on a $10,000 balance after one year. Neither has an APY advantage, so consider other features (fees, access, app ratings, etc.) when choosing.
→ In addition, Barclays also offers 3.70% APY for the Online Savings account.
Calculate Savings Growth for Barclays vs Bask Bank
Barclays - Tiered Savings
⚠️The higher APY only applies once your balance reaches $250,000.
Total savings breakdown:
- Interest earned: $2,370.2 (11.64%)
- Total contributions: $13,000 (63.82%)
- Initial deposit: $5,000 (24.55%)
Your total balance
$20,370.20
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewBask Bank - Interest Savings Account
Total savings breakdown:
- Interest earned: $2,370.2 (11.64%)
- Total contributions: $13,000 (63.82%)
- Initial deposit: $5,000 (24.55%)
Your total balance
$20,370.20
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Barclays's total earnings would be the same as Bask Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Barclays' vs Bask Bank's Savings Accounts
| Barclays | Bask Bank | |||
|---|---|---|---|---|
| Product | Online Savings | Tiered Savings | vs | Interest Savings Account |
| APY | 3.70% (as of 11/16/2025) | 3.90% - 4.10% (as of 11/16/2025) | 3.90% (as of 11/16/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | Enough to earn $0.01 in interest | $250,000 | $0 | |
| Maintenance Fee | $0 | $0 | $0 | |
| Direct Deposit Required | No | No | No | |
| Note | The 4.10% APY is only available for balances over $250,000. For lower balances, the APY is 3.90%. | |||
| App Store Rating | 4.9/5 | 4.7/5 | ||
| Google Play Rating | 4.7/5 | 4.5/5 | ||
| BBB Rating | A+ | B | ||
Comparative Historical APY Insights (Last 10 Months)
| Barclays | Bask Bank | |||
|---|---|---|---|---|
| Product | Online Savings | Tiered Savings | vs | Interest Savings Account |
| Latest APY | 3.70 % | 4.10 % | 3.90 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -2.7 | -4.5 | -4.1 | |
| Rate Changes / Mo | 0.50 | 0.60 | 0.50 | |
| Days Since Last Change | 159 | 151 | 9 | |
| High (-10 m) | 4.00 % | 4.50 % | 4.50 % | |
| Low (-10 m) | 3.70 % | 4.10 % | 3.90 % | |
| Draw-down from High | -7.5 % | -8.9 % | -13.3 % | |
| Volatility (CV) | 0.023 | 0.035 | 0.031 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 10 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-10 m)
- Highest APY in the last 298 days.
- Low (-10 m)
- Lowest APY in the last 298 days.
- Draw-down from High
- How far today sits below the 10-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.