Bask Bank vs. Chime
Comparing Bask Bank and Chime for high-yield savings: Bask Bank's Interest Savings Account pays 4.10% APY while Chime's Chime High-Yield Savings Account pays 3.00% APY.
Note: Chime 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? Bask Bank pays $110 more than Chime annually ($410 vs $300).
Choose Bask Bank if getting the best rate matters most, you want a no-strings-attached account, or you want Zelle for quick transfers. Choose Chime if BBB rating matters to you.
Important Considerations
Chime requires a checking account to unlock its top savings rate, while Bask Bank offers its savings account standalone.
| Metric | Bask BankInterest Savings Account Jun 5, 2026 | ChimeChime High-Yield Savings Account Apr 22, 2026 |
|---|---|---|
| APY | 4.10% | 0.75% - 3.00% |
Est. Earnings | $5,000+$205 $10,000+$410 $25,000+$1,025 | $5,000+$150 $10,000+$300 $25,000+$750 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDirect Deposit ReqChecking BundleDaily 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
Bask Bank offers a competitive Interest Savings Account with a notable APY of 4.10%, making it the superior choice compared to Chime's High-Yield Savings Account, which earns 3.00% APY. Bask Bank's account requires no direct deposit and has no maintenance fees, providing a straightforward savings option. In contrast, Chime's account necessitates a qualifying direct deposit of $200 or more within the preceding 34 days. Both accounts are online-only and have no minimum balance requirements, but Bask Bank stands out for its higher yield and simpler terms.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Bask Bank?
- ✓Higher potential APY (4.10% vs 3.00%) on all balances
- ✓No checking account or direct deposit required
- ✓Fast transfers via Zelle®
Why Chime?
No distinct advantages found vs Bask Bank.
— Key Feature Differences —
Better Returns at $10,000
Bask BankBask Bank's Interest Savings Account earns more on smaller deposits (approx. $410 vs $300/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $1025 vs $750/yr).
Best for Simplicity
Bask BankBask Bank's Interest Savings Account offers 4.10% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bask Bank's Interest Savings Account pays $110 more interest on a $10,000 balance than Chime's Chime High-Yield 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
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Bask Bank vs. Chime Savings Calculator
You earn $110 more with Bask Bank than Chime 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.
Bask Bank
Interest Savings Account
Savings Breakdown
- Interest Earned+$410.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,410.00
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
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 $299 per year in interest.
Both Bask Bank and Chime dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Bask Bank | Chime |
|---|---|---|
| APY | 4.10% Verified: 6/5/2026 ↗︎ 3.85%90d Change | 3.00% Range: 0.75% - 3.00% Verified: 4/22/2026 ↘︎ 0.50%90d Change |
| Product Name | Interest Savings Account | Chime High-Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | N/A |
| Direct Deposit Req. | None | RequiredYou need to receive a qualifying direct deposit of $200 or more within the preceding 34 days |
| Checking Bundle | No | Yes |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | Yes |
| Zelle® Support | Available Available for Interest Checking; not for standalone savings. | Not Supported |
| BBB Rating | B | A+ |
| Next Steps | Visit SiteVerify at Bask Bank Non-sponsored link to official site | Visit SiteVerify at Chime Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bask Bank | Chime |
|---|---|---|
| Interest Savings Account | Chime High-Yield Savings Account | |
Current APY | 4.10% | 3.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -24.9 | -7.5 |
Days Since Change | -27 | 82 |
12-Month High | 4.20% | 3.75% |
12-Month Low | 0.25% | 3.00% |
Adjustments / Mo | 0.58 | 0.16 |
Volatility Score | 0.529 | 0.085 |
How to read these metrics(Click to expand)
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Compare Bask Bank's APY of 4.10% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Bask Bank vs Ally Bank | 3.10% | $0 |
| Bask Bank vs American Express | 3.10% | $0 |
| Bask Bank vs Axos Bank | 4.21% | $0 |
| Bask Bank vs Barclays | 3.75% | $0 |
| Bask Bank vs Capital One | 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 | 3.40% | $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 | 3.80% | $0 |
| Bask Bank vs Synchrony Bank | 3.40% | $0 |
| Bask Bank vs Varo Bank | 5.00% | $0 |
| Bask Bank vs Wealthfront | 4.20% | $0 |