Bask Bank vs. Fitness Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of Bask Bank vs. Fitness Bank
Key Metrics at a Glance
| Feature | Bask Bank | Fitness Bank |
|---|---|---|
| Top Savings APY | 3.90% Interest Savings Account | 4.75% Fitness Elite Checking & Fitness Savings Combo |
| Minimum to Open | $0 | $100 |
| Minimum Balance for Top APY | $0 | $100 |
| Note | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. |
Bask Bank
Strengths
- Bask Bank offers a competitive APY of 3.90%, though it decreased from 4.05% in the past 30 days.
- No maintenance fees or minimum balance requirements for the Interest Savings Account.
- Bask Bank has a higher App Store rating of 4.7 compared to Fitness Bank.
Potential Drawbacks
- Bask Bank has a lower BBB rating of B, indicating less trustworthiness than Fitness Bank.
- Bask Bank has no branches, limiting in-person banking options.
- Bask Bank's APY is lower than Fitness Bank's highest APY.
Fitness Bank
Strengths
- Fitness Bank offers a higher APY of 4.75% for the Fitness Elite Checking & Fitness Savings Combo.
- Fitness Bank has an A+ BBB rating, indicating higher trustworthiness.
- Fitness Bank's Fitness Savings Account also offers a competitive APY of 4.45%.
Potential Drawbacks
- Fitness Bank has a low App Store rating of 1.7 and a Google Play rating of 0.0.
- Maintaining the highest APY requires meeting several conditions, including step tracking.
- Fitness Bank charges a $10 maintenance fee unless certain balance conditions are met.
Summary: Bask Bank provides a straightforward savings account with a 3.90% APY and no fees, but lacks branch access and has a lower BBB rating. In contrast, Fitness Bank offers a higher 4.75% APY with conditions, an A+ BBB rating, but has significant fees and low app ratings. Overall, Bask Bank may appeal to those seeking simplicity, while Fitness Bank suits those willing to meet requirements for higher returns.
→ As of November 16, 2025 Bask Bank offers an APY of 3.90% for its Interest Savings Account, with a minimum balance of $0, compared to Fitness Bank's 4.75% APY for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100.
→ Fitness Bank yields $85 more than Bask Bank on a $10,000 balance after one year. Bask Bank pays $390, while Fitness Bank pays $475 - an APY advantage for Fitness Bank.
→ In addition, Fitness Bank also offers 4.45% APY for the Fitness Savings Account account.
Calculate Savings Growth for Bask Bank vs Fitness Bank
All calculations are based on APY.
Bask Bank - Interest Savings Account
Top APY: 3.90%
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
Effective APY: 3.90% (based on your deposit and contributions)
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewFitness Bank - Fitness Elite Checking & Fitness Savings Combo
Top APY: 4.75%
Total savings breakdown:
- Interest earned: $2,924.7 (13.98%)
- Total contributions: $13,000 (62.13%)
- Initial deposit: $5,000 (23.90%)
Your total balance
$20,924.70
Effective APY: 4.75% (based on your deposit and contributions)
Total balance: $20,924.7
Earnings: $2,924.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Bask Bank's total earnings would be $554.5 lower than Fitness Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Bask Bank's vs Fitness Bank's Savings Accounts
| Bask Bank | Fitness Bank | |||
|---|---|---|---|---|
| Product | Interest Savings Account | vs | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account |
| APY | 3.90% (as of 11/16/2025) | 4.75% (as of 11/16/2025) | 4.45% (as of 11/16/2025) | |
| Bundled Account | No | Yes | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $100 | $100 | |
| Minimum Balance for APY | $0 | $100 | $100 | |
| Maintenance Fee | $0 | $10. Waived for average daily balances > $100 | $10. Waived for average daily balances > $100 | |
| Direct Deposit Required | No | No | No | |
| Note | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | This is a tiered account. To earn the highest tier you must track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | ||
| App Store Rating | 4.7/5 | 1.7/5 | ||
| Google Play Rating | 4.5/5 | No | ||
| BBB Rating | B | A+ | ||
Comparative Historical APY Insights (Last 8 Months)
| Bask Bank | Fitness Bank | |||
|---|---|---|---|---|
| Product | Interest Savings Account | vs | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account |
| Latest APY | 3.90 % | 4.75 % | 4.45 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -3.9 | -4.2 | -1.7 | |
| Rate Changes / Mo | 0.49 | 0.24 | 0.24 | |
| Days Since Last Change | 10 | 75 | 75 | |
| High (-8 m) | 4.35 % | 5.00 % | 4.55 % | |
| Low (-8 m) | 3.90 % | 4.75 % | 4.45 % | |
| Draw-down from High | -10.3 % | -5.0 % | -2.2 % | |
| Volatility (CV) | 0.026 | 0.024 | 0.010 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 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 (-8 m)
- Highest APY in the last 245 days.
- Low (-8 m)
- Lowest APY in the last 245 days.
- Draw-down from High
- How far today sits below the 8-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.