Bask Bank vs. Chime
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Bask BankInterest Savings Account Jan 21, 2026 | ChimeChime High-Yield Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 3.75% | 1.00% - 3.50% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$175 $10,000+$350 $25,000+$875 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDirect Deposit ReqChecking Bundle |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
As of Bask Bank offers an APY of 3.75% for its Interest Savings Account, with a minimum balance of $0, compared to Chime's 3.50% APY for its Chime High-Yield Savings Account, with a minimum balance of $0.01.
Bask Bank pays $25 more than Chime on a $10,000 balance after one year. Bask Bank pays $375, while Chime pays $350 - an APY advantage for Bask Bank.
Why Bask Bank?
- ✓Higher potential APY (3.75% vs 3.50%) 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. $375 vs $350/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $938 vs $875/yr).
Best for Simplicity
Bask BankBask Bank's Interest Savings Account offers 3.75% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bask Bank's Interest Savings Account pays $25 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.
Executive Summary as of
Bask Bank offers a competitive Interest Savings Account with a notable APY of 3.75%, providing better returns on both small and large deposits compared to Chime's High-Yield Savings Account, which has an APY of 3.50%. Bask Bank's account stands out for its simplicity, as it has no direct deposit requirement, maintenance fees, or minimum balance, making it accessible for all users. In contrast, Chime requires a qualifying direct deposit of $200 or more within the preceding 34 days to earn the stated APY. Both banks operate online only.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Bask Bank vs. Chime Savings Calculator
You earn $25 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+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$350.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,350.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Bask Bank | Chime |
|---|---|---|
| APY | 3.75% Verified: 1/21/2026 ↘︎ 0.30%90d Change | 3.50% Range: 1.00% - 3.50% Verified: 1/21/2026 Stable (90d) |
| 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 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| 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 | iOS4.7 Android4.7 | iOS4.8 Android4.8 |
| 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 | 3.75% | 3.50% |
Trend | Stable | Stable |
Velocity (bps/mo) | -5.2 | 8.5 |
Days Since Change | 33 | 97 |
12-Month High | 4.50% | 3.75% |
12-Month Low | 3.75% | 2.00% |
Adjustments / Mo | 0.51 | 0.17 |
Volatility Score | 0.047 | 0.175 |
How to read these metrics(Click to expand)
Compare Similar Alternatives
Compare Bask Bank vs...
Comparing against Standard Savings
Compare Chime vs...
Comparing against other Bundled Accounts