Bask Bank vs. Chase Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
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Summary of Bask Bank vs. Chase Bank
Key Metrics at a Glance
| Feature | Bask Bank | Chase Bank |
|---|---|---|
| Top Savings APY | 4.05% Interest Savings Account | 0.01% Chase Savings℠ |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
| Note | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. |
Bask Bank
Strengths
- Bask Bank offers a high APY of 4.05%, significantly higher than Chase Bank's 0.01%.
- No maintenance fees with Bask Bank's Interest Savings Account.
- Bask Bank has a high App Store rating of 4.7.
Potential Drawbacks
- Bask Bank's APY decreased from 4.15% in the last 30 days.
- Bask Bank is not BBB Accredited and has a rating of B.
- Bask Bank has no physical branches.
Chase Bank
Strengths
- Chase Bank has a strong BBB rating of A-.
- Chase Bank provides access to physical branches.
- Chase Bank has a high App Store rating of 4.8.
Potential Drawbacks
- Chase Bank offers a very low APY of 0.01%.
- Chase Bank charges a $5 maintenance fee unless certain conditions are met.
- Chase Bank's APY has not changed from 0.01% in the last 30 days.
→ As of October 16, 2025 Bask Bank offers an APY of 4.05% for its Interest Savings Account, with a minimum balance of $0, compared to Chase Bank's 0.01% APY for its Chase Savings℠ account, with a minimum balance of $0.
→ Bask Bank yields $404 more than Chase Bank on a $10,000 balance after one year. Bask Bank pays $405, while Chase Bank pays $1 - an APY advantage for Bask Bank.
Calculate Savings Growth for Bask Bank vs Chase Bank
Bask Bank
Total savings breakdown:
- Interest earned: $2,467 (12.05%)
- Total contributions: $13,000 (63.52%)
- Initial deposit: $5,000 (24.43%)
Your total balance
$20,467.00
Total balance: $20,467
Earnings: $2,467
Bank OverviewChase Bank
Total savings breakdown:
- Interest earned: $5.7 (0.03%)
- Total contributions: $13,000 (72.20%)
- Initial deposit: $5,000 (27.77%)
Your total balance
$18,005.70
Total balance: $18,005.7
Earnings: $5.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Bask Bank's total earnings would be $2,461.3 higher than Chase Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Bask Bank's vs Chase Bank's Savings Accounts
| Bask Bank | Chase Bank | ||
|---|---|---|---|
| Product | Interest Savings Account | vs | Chase Savings℠ |
| APY | 4.05% (as of 10/16/2025) | 0.01% (as of 10/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | No | |
| Compound Frequency | Daily | Monthly | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $5 | |
| Direct Deposit Required | No | No | |
| Note | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | ||
| App Store Rating | 4.7/5 | 4.8/5 | |
| Google Play Rating | 4.5/5 | 4.5/5 | |
| BBB Rating | B | A- |
Comparative Historical APY Insights (Last 9 Months)
| Bask Bank | Chase Bank | ||
|---|---|---|---|
| Product | Interest Savings Account | vs | Chase Savings℠ |
| Latest APY | 4.05 % | 0.01 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -3.5 | -0.0 | |
| Rate Changes / Mo | 0.46 | 0.00 | |
| Days Since Last Change | 27 | 260 | |
| High (-9 m) | 4.50 % | 0.01 % | |
| Low (-9 m) | 4.05 % | 0.01 % | |
| Draw-down from High | -10.0 % | 0.0 % | |
| Volatility (CV) | 0.023 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 261 days.
- Low (-9 m)
- Lowest APY in the last 261 days.
- Draw-down from High
- How far today sits below the 9-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.