Bask Bank vs. Colorado Federal Savings Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Bask BankInterest Savings Account Jan 7, 2026 | Colorado Federal Savings BankPremier Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.75% | 4.05% |
Est. Earnings | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$0 $10,000+$0 $25,000+$0 |
Min Deposit | $0 | $50,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredHigh MinimumGreat iOS App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Bask Bank vs. Colorado Federal Savings Bank
As of Bask Bank offers an APY of 3.75% for its Interest Savings Account, with a minimum balance of $0, compared to Colorado Federal Savings Bank's 4.05% APY for its Premier Savings account, with a minimum balance of $50,000.
Colorado Federal Savings Bank pays $30 more than Bask Bank on a $10,000 balance after one year. Bask Bank pays $375, while Colorado Federal Savings Bank pays $405 - an APY advantage for Colorado Federal Savings Bank.
In addition, Colorado Federal Savings Bank also offers 4.00% APY for the High Yield Savings account, with a minimum balance of $1.
Why Bask Bank?
- ✓Higher rated iOS app (4.7 vs 4.3)
- ✓Higher rated Android app (4.6 vs 0.0)
- ✓Fast transfers via Zelle®
Why Colorado Federal Savings Bank?
- ✓Higher potential APY (4.00%-4.05% vs 3.75%)
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Bask BankBask Bank's Interest Savings Account earns more on smaller deposits (approx. $375 vs $0/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $938 vs $0/yr).
Best for Simplicity
Colorado Federal Savings BankColorado Federal Savings Bank's Premier Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Bask BankBask Bank offers an iOS app rated 4.7 (vs. 4.3) and Android app rated 4.6 (vs. 0.0)
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $30 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.
Executive Summary as of
Colorado Federal Savings Bank offers the highest APY with its High Yield Savings account at 4.00%, making it the winner in this comparison. The Premier Savings account also provides a competitive APY of 4.05%, but requires a minimum deposit and balance of $50,000. In contrast, Bask Bank's Interest Savings Account offers a solid APY of 3.75% with no minimum deposit or balance requirements, making it a good option for those looking for flexibility. Both banks are online-only and have no maintenance fees, ensuring straightforward account management.
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. Colorado Federal Savings Bank Savings Calculator
You earn $150 more with Colorado Federal Savings Bank than Bask Bank on a $50,000 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+$1,875.00(3.6%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$51,875.00
Colorado Federal Savings Bank
Premier Savings
Savings Breakdown
- Interest Earned+$2,025.00(3.9%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$52,025.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Bask Bank | Colorado Federal Savings Bank |
|---|---|---|
| APY | 3.75% Verified: 1/7/2026 ↘︎ 0.30%90d Change | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change |
| Product Name | Interest Savings Account | Premier Savings |
| Minimum Deposit | $0 | $50,000 |
| Min. Balance for APY | $0 | $50,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.6 | iOS4.3 Android- |
| 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 Colorado Federal Savings Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bask Bank | Colorado Federal Savings Bank | |
|---|---|---|---|
| Interest Savings Account | Premier Savings | High Yield Savings | |
Current APY | 3.75% | 4.05% | 4.00% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -5.1 | -2.6 | -2.6 |
Days Since Change | 19 | 89 | 89 |
11-Month High | 4.35% | 4.25% | 4.25% |
11-Month Low | 3.75% | 4.05% | 4.00% |
Adjustments / Mo | 0.47 | 0.19 | 0.37 |
Volatility Score | 0.043 | 0.022 | 0.022 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Bask Bank vs...
Comparing against Standard Savings
Compare Colorado Federal Savings Bank vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.