Barclays vs. Bask Bank
Comparing Barclays and Bask Bank for savings: Barclays's Tiered Savings pays 3.75% APY while Bask Bank's Interest Savings Account pays 0.25% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Barclays pays $340 more than Bask Bank annually ($365 vs $25).
Choose Barclays if getting the best rate matters most, or BBB rating matters to you. Choose Bask Bank if you want Zelle for quick transfers.
| Metric | BarclaysTiered Savings Apr 21, 2026 | Bask BankInterest Savings Account Apr 21, 2026 |
|---|---|---|
| APY | 3.65% - 3.75% | 0.25% |
Est. Earnings | $5,000+$183 $10,000+$365 $25,000+$912 | $5,000+$13 $10,000+$25 $25,000+$63 |
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 |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.07% APY.
Executive Summary
Barclays offers a Tiered Savings account with a competitive APY of 3.75% for balances over $250,000, while lower balances earn a rate of 3.65%. This account is online-only and does not require direct deposit, making it accessible for those with significant savings. In contrast, Bask Bank's Interest Savings Account provides a much lower APY of 0.25%, also with no minimum balance or direct deposit requirement. Overall, Barclays's Tiered Savings account is the clear winner, providing significantly higher returns for larger deposits.
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?
- ✓Higher potential APY (3.75% vs 0.25%) on all balances
- ✓No checking account or direct deposit required
Why Bask Bank?
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
BarclaysBarclays's Tiered Savings earns more on smaller deposits (approx. $365 vs $25/yr).
Better Returns at $25,000
BarclaysBarclays's Tiered Savings pulls ahead with larger amounts (approx. $912 vs $63/yr).
Shared Benefits
Over a 1-year period, Barclays's Tiered Savings pays $340 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
Barclays vs. Bask Bank Savings Calculator
You earn $340 more with Barclays 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.
Barclays
Tiered Savings
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
Bask Bank
Interest Savings Account
Savings Breakdown
- Interest Earned+$25.00(0.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,025.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Barclays | Bask Bank |
|---|---|---|
| APY | 3.75% Range: 3.65% - 3.75% Verified: 4/21/2026 ↘︎ 0.25%90d Change | 0.25% Verified: 4/21/2026 ↘︎ 3.50%90d Change |
| Product Name | Tiered Savings | Interest Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $250,000 | $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. | None | None |
| Checking Bundle | No | 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 3.75% APY is only available for balances over $250,000. For lower balances, the APY is 3.65%. | - |
| Next Steps | Visit SiteVerify at Barclays 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 | Barclays | Bask Bank | |
|---|---|---|---|
| Tiered Savings | Online Savings | Interest Savings Account | |
Current APY | 3.75% | 3.50% | 0.25% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -3.4 | -2.3 | -36.0 |
Days Since Change | 6 | 60 | 77 |
12-Month High | 4.40% | 3.90% | 4.20% |
12-Month Low | 3.75% | 3.50% | 0.25% |
Adjustments / Mo | 0.58 | 0.41 | 0.41 |
Volatility Score | 0.031 | 0.022 | 0.533 |
How to read these metrics(Click to expand)
Compare Similar Savings Accounts
Compare Barclays vs...
Comparing against Standard Savings
Compare Bask Bank vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.
More Comparisons
Compare Barclays' APY of 3.75% with other banks
Compare Bask Bank's APY of 0.25% 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 Axos Bank | 4.21% | $0 |
| Bask Bank vs Capital One | 3.20% | $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 |