Bask Bank vs. Citibank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Bask Bank vs. Citibank
Key Metrics at a Glance
| Feature | Bask Bank | Citibank |
|---|---|---|
| Top Savings APY | 3.90% Interest Savings Account | 3.35% Citi Accelerate Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0.01 |
Bask Bank
Strengths
- Bask Bank offers a higher APY of 3.90% compared to Citibank's 3.35%.
- Bask Bank has no maintenance fees on its Interest Savings Account.
- Bask Bank has a better App Store rating of 4.7 versus Citibank's 4.9.
Potential Drawbacks
- Bask Bank's BBB rating is B and it is not BBB Accredited.
- Bask Bank's APY decreased from 4.05% to 3.90% in the last 30 days.
- Bask Bank has no physical branches.
Citibank
Strengths
- Citibank has a physical branch presence in major metropolitan areas.
- Citibank's App Store rating is slightly higher at 4.9 compared to Bask Bank's 4.7.
- Citibank's APY increased from 3.40% to 3.35% recently.
Potential Drawbacks
- Citibank's higher APY account has a maintenance fee of $4.50.
- Citibank's BBB rating is D- and it is not BBB Accredited.
- Citibank's Citi® Savings Account offers a very low APY of 0.03%.
→ As of November 12, 2025 Bask Bank offers an APY of 3.90% for its Interest Savings Account, with a minimum balance of $0, compared to Citibank's 3.35% APY for its Citi Accelerate Savings account, with a minimum balance of $0.01.
→ Bask Bank yields $55 more than Citibank on a $10,000 balance after one year. Bask Bank pays $390, while Citibank pays $335 - an APY advantage for Bask Bank.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for Bask Bank vs Citibank
Bask Bank - Interest Savings Account
Total savings breakdown:
- Interest earned: $2,370.2 (11.64%)
- Total contributions: $13,000 (63.82%)
- Initial deposit: $5,000 (24.55%)
Your total balance
$20,370.20
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewCitibank - Citi Accelerate Savings
Total savings breakdown:
- Interest earned: $2,018.8 (10.08%)
- Total contributions: $13,000 (64.94%)
- Initial deposit: $5,000 (24.98%)
Your total balance
$20,018.80
Total balance: $20,018.8
Earnings: $2,018.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Bask Bank's total earnings would be $351.4 higher than Citibank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Bask Bank's vs Citibank's Savings Accounts
| Bask Bank | Citibank | |||
|---|---|---|---|---|
| Product | Interest Savings Account | vs | Citi Accelerate Savings | Citi® Savings Account |
| APY | 3.90% (as of 11/12/2025) | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $0 | $0.01 | $0.01 | |
| Maintenance Fee | $0 | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 | |
| Direct Deposit Required | No | No | No | |
| Eligibility | United States | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. | California, Connecticut, Maryland, Nevada, New Jersey, New York, Virginia (partial), Washington D.C., and select parts of Florida and Illinois. In addition, promotional rates may be available if requirements are met. | |
| App Store Rating | 4.7/5 | 4.9/5 | ||
| Google Play Rating | 4.5/5 | 4.8/5 | ||
| BBB Rating | B | D- | ||
Comparative Historical APY Insights (Last 9 Months)
| Bask Bank | Citibank | |||
|---|---|---|---|---|
| Product | Interest Savings Account | vs | Citi® Savings Account | Citi Accelerate Savings |
| Latest APY | 3.90 % | 0.03 % | 3.35 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -3.9 | 0.0 | -4.8 | |
| Rate Changes / Mo | 0.52 | 0.00 | 0.52 | |
| Days Since Last Change | 6 | 289 | 9 | |
| High (-9 m) | 4.50 % | 0.03 % | 3.80 % | |
| Low (-9 m) | 3.90 % | 0.03 % | 3.35 % | |
| Draw-down from High | -13.3 % | 0.0 % | -11.8 % | |
| Volatility (CV) | 0.028 | 0.000 | 0.039 | |
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 289 days.
- Low (-9 m)
- Lowest APY in the last 289 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.