High-Yield Savings Account Comparison

Barclays vs. Bask Bank

Comparing Barclays and Bask Bank for high-yield savings: Barclays's Tiered Savings pays 3.75% APY while Bask Bank's Interest Savings Account pays 4.10% APY.

See how they compare on rate stability, mobile app ratings, and more below.

Analysis by Aviel Fahl
Updated June 5, 2026

The Bottom Line

Who pays more interest on $10,000? Bask Bank pays $45 more than Barclays annually ($410 vs $365).

Choose Barclays if BBB rating matters to you. Choose Bask Bank if getting the best rate matters most, or you want Zelle for quick transfers.

Comparison of Barclays vs Bask Bank savings accounts
Metric

Barclays

Tiered Savings

Jun 5, 2026

Bask Bank

Interest Savings Account

Jun 5, 2026
APY3.65% - 3.75%4.10%
Est. Earnings
$5,000+$183
$10,000+$365
$25,000+$912
$5,000+$205
$10,000+$410
$25,000+$1,025
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
The 3.75% APY is only available for balances over $250,000. For lower balances, the APY is 3.65%.-
Features
FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDaily 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.

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Comparison Analysis

Comparing Barclays vs. Bask Bank

Updated: Jun 5, 2026

Executive Summary

Bask Bank offers a competitive Interest Savings Account with an APY of 4.10%, making it the winner in this comparison. This account has no minimum balance requirement and no direct deposit stipulations, providing simplicity for users. In contrast, Barclays features a Tiered Savings account that offers a 3.75% APY for balances over $250,000, with a lower APY of 3.65% for smaller balances. While Barclays also provides an Online Savings account with a 3.40% APY, it does not surpass Bask Bank's offering. Both banks are online-only and have no maintenance fees.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Why Barclays?

  • Offers 2 different high-yield savings options

Why Bask Bank?

  • Higher potential APY (4.10% vs 3.40%-3.75%) on all balances
  • Fast transfers via Zelle®

— Key Feature Differences —

Better Returns at $10,000
Bask Bank

Bask Bank's Interest Savings Account earns more on smaller deposits (approx. $410 vs $365/yr).

Better Returns at $25,000
Bask Bank

Bask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $1025 vs $912/yr).

Best for Simplicity
Bask Bank

Bask Bank's Interest Savings Account offers 4.10% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Bask Bank's Interest Savings Account pays $45 more interest on a $10,000 balance than Barclays's Tiered Savings.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

BarclaysBask Bank
Verify At
Barclays

Non-sponsored link to official site

Verify At
Bask Bank

Non-sponsored link to official site

Top Market Contenders

SoFi Bank
3.80% APY
Synchrony Bank
3.40% APY
Axos Bank
4.21% APY

Barclays vs. Bask Bank Savings Calculator

Calculations based on current APY for Tiered Savings and Interest Savings Account
$
$

You earn $45 more with Bask Bank than Barclays 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.

Barclays

Tiered Savings

3.75% APY

Higher APY requires $250,000

Savings Breakdown

  • Interest Earned
    +$365.00(3.5%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,365.00

Effective APY
3.65%

Bask Bank

Interest Savings Account

4.10% APY

Savings Breakdown

  • Interest Earned
    +$410.00(3.9%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,410.00

Effective APY
4.10%

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 $364 per year in interest.

Both Barclays and Bask Bank dramatically outperform the typical 0.01% APY at traditional big banks.

Big banks currently pay 0.01% APY on savings vs 3.75%+ here
FeatureBarclaysBask Bank
APY
3.75%
Range: 3.65% - 3.75%
Verified: 6/5/2026
↘︎ 0.10%90d Change
4.10%
Verified: 6/5/2026
↗︎ 3.85%90d Change
Product NameTiered SavingsInterest Savings Account
Minimum Deposit$0$0
Min. Balance for APY$250,000$0
Monthly Fee$0$0
Compound FrequencyDailyDaily
Branch AccessNoneNone
Account Type
Online Only
Online Only
Physical BranchesNoneNone
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.7
iOS4.7
Android4.7
FDIC Insured
Zelle® Support
Not Supported
Available
Available for Interest Checking; not for standalone savings.
BBB RatingA+B
Important NotesThe 3.75% APY is only available for balances over $250,000. For lower balances, the APY is 3.65%.-
Next Steps
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📈 Compare Savings Rates Over Time

Historical Performance

Last 12 Months Analysis
MetricBarclaysBask Bank
Online SavingsTiered SavingsInterest Savings Account
Current APY
3.40%3.75%4.10%
Trend
Stable Stable Stable
Velocity (bps/mo)
-2.8-3.7-28.1
Days Since Change
305117
12-Month High
3.90%4.40%4.20%
12-Month Low
3.40%3.75%0.25%
Adjustments / Mo
0.490.490.58
Volatility Score
0.0280.0340.560
How to read these metrics(Click to expand)

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.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/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 365-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.

More Comparisons

Compare Barclays' APY of 3.75% with other banks
Compare Bask Bank's APY of 4.10% with other banks