High-Yield Savings Account Comparison

Bask Bank vs. LendingClub

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Bask Bank

Interest Savings Account

3.90%
APY
Dec 6, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 34383)
EligibilityUnited States
Mobile Ratings
iOS:4.7Android:4.5
BBB Rating
B(Not BBB Accredited)

Rate Stability

30 days
↘︎ 0.15%
90 days
↘︎ 0.25%
Read Bank Overview

LendingClub

LevelUp Savings

Up to
4.20%
APY
Dec 6, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Range: 3.20% – 4.20%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 32551)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.7
BBB Rating
A+(Not BBB Accredited)

Important Note

The advertised "LevelUp Rate" APY of 4.20% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.20% applies.

Rate Stability

Very StableNo rate changes in last 90 days
Read Bank Overview

Prefer In-Person Banking?

Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.

Find Branch Access

Comparison Analysis

Comparing Bask Bank vs. LendingClub

Updated: Dec 6, 2025

Why Bask Bank?

  • ✓No checking account or direct deposit required

Why LendingClub?

  • ✓Higher potential APY (4.20% vs 3.90%) on all balances

— Key Feature Differences —

Better Returns at $10,000
LendingClub

LendingClub's LevelUp Savings earns more on smaller deposits (approx. $420 vs $390/yr).

Better Returns at $25,000
LendingClub

LendingClub's LevelUp Savings pulls ahead with larger amounts (approx. $1050 vs $975/yr).

Best for Simplicity
Bask Bank

Bask Bank's Interest Savings Account offers 3.90% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, LendingClub's LevelUp Savings pays $30 more interest on a $10,000 balance than Bask Bank's Interest Savings Account.

Bask BankLendingClub
Automated Data Audit

Executive Summary

LendingClub offers a competitive LevelUp Savings account with an APY of 4.20%, significantly higher than Bask Bank's Interest Savings Account at 3.90%. While both accounts have no minimum deposit or maintenance fees and are online-only, the LevelUp Savings account requires a monthly deposit of $250 to earn the higher rate; otherwise, it defaults to a lower APY of 3.20%. Bask Bank's account is noted for its simplicity, with no direct deposit requirement or caps, making it a solid alternative for those who prefer straightforward terms.

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.

ExploreBask BankExploreLendingClub

Top Market Contenders

See who beats both Bask Bank and LendingClub.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.40% vs LendingClub
Better Rate
Pibank vs Bask BankPibank vs LendingClub
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.30% vs LendingClub
Better Rate
Neighbors Bank vs Bask BankNeighbors Bank vs LendingClub
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.11% vs LendingClub
Better Rate
Axos Bank vs Bask BankAxos Bank vs LendingClub
FeatureBask BankLendingClub
APY
3.90%
Verified: 12/6/2025
↘︎ 0.25%90d Change
4.20%
Range: 3.20% - 4.20%
Verified: 12/6/2025
Stable (90d)
Product NameInterest Savings AccountLevelUp Savings
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.7
Android4.5
iOS4.8
Android4.7
BBB RatingBA+
Important Notes-The advertised "LevelUp Rate" APY of 4.20% is only available if you deposit $250+ into the account each month. Otherwise the "Standard Rate" of 3.20% applies.
Next Steps
- View Details
- View Details

Savings Comparison

Calculations based on current APY.
$
$

LendingClub earns $194.1 more than Bask Bank.

Bask Bank

Interest Savings Account

3.90% APY

Savings Breakdown

  • Interest Earned
    +$2,370.20(11.6%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,370.20

Effective APY
3.90%
View Details

LendingClub

LevelUp Savings

4.20% APY

Savings Breakdown

  • Interest Earned
    +$2,564.30(12.5%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,564.30

Effective APY
4.20%
View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

📈 Compare Savings Rates Over Time

Historical Performance

Last 12 Months Analysis
MetricBask BankLendingClub
Interest Savings AccountLevelUp Savings
Current APY
3.90%4.20%
Trend
 Stable Stable
Velocity (bps/mo)
-4.6-3.9
Days Since Change
29148
12-Month High
4.65%4.75%
12-Month Low
3.90%4.20%
Adjustments / Mo
0.510.25
Volatility Score
0.0400.033
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 354-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar High-Yield Accounts

Compare Bask Bank vs...

Comparing against Standard Savings

vs Bask Bank
PibankNo Bundle Req
4.60%
APY
vs Bask Bank
Neighbors BankNo Bundle Req
4.50%
APY
vs Bask Bank
TIMBRNo Bundle Req
4.40%
APY

Compare LendingClub vs...

Comparing against Standard Savings

vs LendingClub
PibankNo Bundle Req
4.60%
APY
vs LendingClub
Neighbors BankNo Bundle Req
4.50%
APY
vs LendingClub
TIMBRNo Bundle Req
4.40%
APY

Higher Rates (With Checking)

Looking for something different? Check out these top-rated alternatives.

Checking Bundle
Axos Bank View Details
4.31%
APY
Checking Bundle
SoFi Bank View Details
4.30%
APY
Checking Bundle
Presidential Bank View Details
4.00%
APY

More Comparisons

Compare Bask Bank's APY of 3.90% with other banks
Bank PairCompetitor APYMin Deposit
Bask Bank vs Ally Bank3.30%$0
Bask Bank vs American Express3.40%$0
Bask Bank vs Axos Bank4.31%$0
Bask Bank vs Bank of America0.01%$100
Bask Bank vs Barclays4.00%$0
Bask Bank vs BMO Alto3.25%$0
Bask Bank vs BrioDirect4.00%$5,000
Bask Bank vs Capital One3.40%$0
Bask Bank vs Chase Bank0.01%$0
Bask Bank vs Chime3.50%$0
Bask Bank vs CIT Bank3.75%$100
Bask Bank vs Citibank3.30%$0
Bask Bank vs Citizens Access™3.35%$0.01
Bask Bank vs Climate First Bank4.21%$50
Bask Bank vs Discover Bank3.40%$0
Bask Bank vs Elevault4.08%$0
Bask Bank vs EverBank4.05%$0
Bask Bank vs Fitness Bank4.75%$100
Bask Bank vs FNBO Direct3.00%$1
Bask Bank vs Forbright Bank4.00%$0
Bask Bank vs FVCbank3.85%$500
Bask Bank vs GO2bank4.50%$0
Bask Bank vs Ivy Bank4.25%$2,500
Bask Bank vs Marcus by Goldman Sachs3.65%$0
Bask Bank vs Neighbors Bank4.50%$0
Bask Bank vs Newtek Bank4.35%$0.01
Bask Bank vs Openbank4.20%$500
Bask Bank vs Peak Bank4.20%$100
Bask Bank vs Pibank4.60%$0
Bask Bank vs PNC3.53%$0
Bask Bank vs Presidential Bank4.00%$5,000
Bask Bank vs Quontic Bank3.75%$100
Bask Bank vs Salem Five Direct3.71%$10
Bask Bank vs Santander Bank0.01%$25
Bask Bank vs SoFi Bank4.30%$0
Bask Bank vs Synchrony Bank3.65%$0
Bask Bank vs TIMBR4.40%$1,000
Bask Bank vs UFB Direct3.71%$5000
Bask Bank vs Valley Direct4.10%$1,000
Bask Bank vs Varo Bank5.00%$0
Bask Bank vs Vio Bank4.16%$100
Bask Bank vs Wealthfront4.15%$0
Bask Bank vs Wells Fargo0.05%$25
Bask Bank vs Zynlo Bank4.05%$10
Compare LendingClub's APY of 4.20% with other banks
Bank PairCompetitor APYMin Deposit
LendingClub vs Ally Bank3.30%$0
LendingClub vs American Express3.40%$0
LendingClub vs Axos Bank4.31%$0
LendingClub vs Bank of America0.01%$100
LendingClub vs Barclays4.00%$0
LendingClub vs BMO Alto3.25%$0
LendingClub vs BrioDirect4.00%$5,000
LendingClub vs Capital One3.40%$0
LendingClub vs Chase Bank0.01%$0
LendingClub vs Chime3.50%$0
LendingClub vs CIT Bank3.75%$100
LendingClub vs Citibank3.30%$0
LendingClub vs Citizens Access™3.35%$0.01
LendingClub vs Climate First Bank4.21%$50
LendingClub vs Discover Bank3.40%$0
LendingClub vs Elevault4.08%$0
LendingClub vs EverBank4.05%$0
LendingClub vs Fitness Bank4.75%$100
LendingClub vs FNBO Direct3.00%$1
LendingClub vs Forbright Bank4.00%$0
LendingClub vs FVCbank3.85%$500
LendingClub vs GO2bank4.50%$0
LendingClub vs Ivy Bank4.25%$2,500
LendingClub vs Marcus by Goldman Sachs3.65%$0
LendingClub vs Neighbors Bank4.50%$0
LendingClub vs Newtek Bank4.35%$0.01
LendingClub vs Openbank4.20%$500
LendingClub vs Peak Bank4.20%$100
LendingClub vs Pibank4.60%$0
LendingClub vs PNC3.53%$0
LendingClub vs Presidential Bank4.00%$5,000
LendingClub vs Quontic Bank3.75%$100
LendingClub vs Salem Five Direct3.71%$10
LendingClub vs Santander Bank0.01%$25
LendingClub vs SoFi Bank4.30%$0
LendingClub vs Synchrony Bank3.65%$0
LendingClub vs TIMBR4.40%$1,000
LendingClub vs UFB Direct3.71%$5000
LendingClub vs Valley Direct4.10%$1,000
LendingClub vs Varo Bank5.00%$0
LendingClub vs Vio Bank4.16%$100
LendingClub vs Wealthfront4.15%$0
LendingClub vs Wells Fargo0.05%$25
LendingClub vs Zynlo Bank4.05%$10