Bask Bank vs. Everbank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
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Summary of Bask Bank vs. EverBank
Key Metrics at a Glance
| Feature | Bask Bank | EverBank |
|---|---|---|
| Top Savings APY | 4.05% Interest Savings Account | 4.05% Performance Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
Bask Bank
Strengths
- Bask Bank offers a competitive APY of 4.05%, though it decreased from 4.15% in the last 30 days.
- Bask Bank has no branches, providing a completely online experience.
- Bask Bank maintains a solid App Store rating of 4.7.
Potential Drawbacks
- Bask Bank has a BBB rating of B and is not BBB Accredited.
- Bask Bank does not have any physical branches.
EverBank
Strengths
- EverBank provides a competitive APY of 4.05%, though it fell from 4.30% in the last 30 days.
- EverBank has 11 physical branches in Florida and California.
- EverBank has a strong BBB rating of A+.
Potential Drawbacks
- EverBank has a lower App Store rating of 2.3.
- EverBank has a lower Google Play rating of 2.4.
→ As of 10/16/2025 both Bask Bank (Interest Savings Account) and EverBank (Performance Savings) offer an APY of 4.05% .
→ Both banks yield $405 in interest on a $10,000 balance after one year. Neither has an APY advantage, so consider other features (fees, access, app ratings, etc.) when choosing.
Calculate Savings Growth for Bask Bank vs EverBank
Bask Bank
Total savings breakdown:
- Interest earned: $2,467 (12.05%)
- Total contributions: $13,000 (63.52%)
- Initial deposit: $5,000 (24.43%)
Your total balance
$20,467.00
Total balance: $20,467
Earnings: $2,467
Bank OverviewEverBank
Total savings breakdown:
- Interest earned: $2,467 (12.05%)
- Total contributions: $13,000 (63.52%)
- Initial deposit: $5,000 (24.43%)
Your total balance
$20,467.00
Total balance: $20,467
Earnings: $2,467
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Bask Bank's total earnings would be the same as EverBank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Bask Bank's vs EverBank's Savings Accounts
| Bask Bank | EverBank | ||
|---|---|---|---|
| Product | Interest Savings Account | vs | Performance Savings |
| APY | 4.05% (as of 10/16/2025) | 4.05% (as of 10/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.7/5 | 2.3/5 | |
| Google Play Rating | 4.5/5 | 2.4/5 | |
| BBB Rating | B | A+ |
Comparative Historical APY Insights (Last 10 Months)
| Bask Bank | EverBank | ||
|---|---|---|---|
| Product | Interest Savings Account | vs | Performance Savings |
| Latest APY | 4.05 % | 4.05 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -4.1 | -1.8 | |
| Rate Changes / Mo | 0.50 | 0.30 | |
| Days Since Last Change | 27 | 27 | |
| High (-10 m) | 4.65 % | 4.75 % | |
| Low (-10 m) | 4.05 % | 4.05 % | |
| Draw-down from High | -12.9 % | -14.7 % | |
| Volatility (CV) | 0.029 | 0.020 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 10 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 (-10 m)
- Highest APY in the last 303 days.
- Low (-10 m)
- Lowest APY in the last 303 days.
- Draw-down from High
- How far today sits below the 10-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.