Bask Bank vs. Discover Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Bask Bank
Interest Savings Account
3.90%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Bask Bank
Interest Savings Account
Discover Bank
Online Savings Account
3.40%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Discover Bank
Online Savings Account
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Comparison Analysis
Comparing Bask Bank vs. Discover Bank
Why Bask Bank?
- ✓Higher potential APY (3.90% vs 3.40%) on all balances
Why Discover Bank?
- ✓Higher rated Android app (4.8 vs 4.5)
— Key Feature Differences —
Better Returns at $10,000
Bask BankBask Bank's Interest Savings Account earns more on smaller deposits (approx. $390 vs $340/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $975 vs $850/yr).
Best for Simplicity
Bask BankBask Bank's Interest Savings Account offers 3.90% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Discover BankDiscover Bank offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.8 (vs. 4.5)
Shared Benefits
Over a 1-year period, Bask Bank's Interest Savings Account pays $50 more interest on a $10,000 balance than Discover Bank's Online Savings Account.
Executive Summary
Bask Bank offers a competitive Interest Savings Account with an APY of 3.90%, making it the top choice for savers looking for higher returns, especially on smaller deposits. This account has no minimum deposit requirements, no maintenance fees, and is available online only. In contrast, Discover Bank's Online Savings Account provides a lower APY of 3.40%, also with no minimum balance or fees, but lacks the yield of Bask Bank's offering. Both accounts do not require direct deposit, making them accessible options for savers.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Bask Bank and Discover Bank.
| Feature | Bask Bank | Discover Bank |
|---|---|---|
| APY | 3.90% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 3.40% Verified: 12/6/2025 ↘︎ 0.10%90d Change |
| Product Name | Interest Savings Account | Online Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| 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 Android4.5 | iOS4.9 Android4.8 |
| BBB Rating | B | A+ |
| Next Steps |
Savings Comparison
Bask Bank earns $319.7 more than Discover Bank.
Bask Bank
Interest Savings Account
Savings Breakdown
- Interest Earned+$2,370.20(11.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,370.20
Discover Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$2,050.50(10.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,050.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bask Bank | Discover Bank |
|---|---|---|
| Interest Savings Account | Online Savings Account | |
Current APY | 3.90% | 3.40% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.5 | -3.8 |
Days Since Change | 29 | 67 |
10-Month High | 4.50% | 3.75% |
10-Month Low | 3.90% | 3.40% |
Adjustments / Mo | 0.47 | 0.38 |
Volatility Score | 0.036 | 0.035 |
How to read these metrics(Click to expand)
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