Bask Bank vs. Neighbors Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: October 16, 2025

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Summary of Bask Bank vs. Neighbors Bank

Key Metrics at a Glance

Feature	Bask Bank	Neighbors Bank
Top Savings APY	4.05% Interest Savings Account	4.50% Neighbors Savings Account
Minimum to Open	$0	$0
Minimum Balance for Top APY	$0	$0
Note		Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY.

Bask Bank

Strengths

Bask Bank's Interest Savings Account has an APY of 4.05%, competitive for an online-only bank.
Bask Bank has a higher App Store rating at 4.7 compared to Neighbors Bank's 3.3.
No maintenance fees for Bask Bank's account.

Potential Drawbacks

Bask Bank's APY decreased from 4.15% in the last 30 days.
Bask Bank has no physical branches, limiting in-person access.
Bask Bank has a lower BBB rating of B compared to Neighbors Bank's A+.

Neighbors Bank

Strengths

Neighbors Bank offers a higher APY of 4.50% for balances up to $250,000.
Neighbors Bank has one physical branch, providing in-person banking options.
Neighbors Bank has a superior BBB rating of A+.

Potential Drawbacks

Neighbors Bank's APY decreased from 4.60% in the last 30 days.
Neighbors Bank has a lower App Store rating at 3.3 compared to Bask Bank.
No maintenance fees for Neighbors Bank's account.

Summary: Bask Bank offers a 4.05% APY but has no branches and a lower BBB rating of B. In contrast, Neighbors Bank provides a higher APY of 4.50%, has a physical location, and boasts an A+ BBB rating, but also saw a recent decrease in APY. Bask Bank excels in App Store ratings, while Neighbors Bank is more accessible with in-person services.

→ As of October 16, 2025 Bask Bank offers an APY of 4.05% for its Interest Savings Account, with a minimum balance of $0, compared to Neighbors Bank's 4.50% APY for its Neighbors Savings Account, with a minimum balance of $0.

→ Neighbors Bank yields $45 more than Bask Bank on a $10,000 balance after one year. Bask Bank pays $405, while Neighbors Bank pays $450 - an APY advantage for Neighbors Bank.

Explore Bask Bank Explore Neighbors Bank

Calculate Savings Growth for Bask Bank vs Neighbors Bank

All calculations are based on APY.

Initial Deposit

Recurring Deposit

Frequency

Bask Bank

APY: 4.05%

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

Effective APY: 4.05% (based on your deposit and contributions)

Total balance: $20,467

Earnings: $2,467

Bank Overview

Neighbors Bank

APY: 4.50%

Total savings breakdown:

Interest earned: $2,760.1 (13.30%)
Total contributions: $13,000 (62.62%)
Initial deposit: $5,000 (24.08%)

Your total balance

$20,760.10

Effective APY: 4.50% (based on your deposit and contributions)

Total balance: $20,760.1

Earnings: $2,760.1

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Bask Bank's total earnings would be $293.1 lower than Neighbors 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 Neighbors Bank's Savings Accounts

	Bask Bank		Neighbors Bank
Product	Interest Savings Account	vs	Neighbors Savings Account
APY	4.05% (as of 10/16/2025)		4.50% (as of 10/16/2025)
Bundled Account	No		No
FDIC-insured	Yes		Yes
Online Only	Yes		No
Compound Frequency	Daily		N/A
Minimum Deposit	$0		$0
Minimum Balance for APY	$0		$0
Maintenance Fee	$0		$0
Direct Deposit Required	No		No
Eligibility	United States		Not available in Delaware.
Note			Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY.
App Store Rating	4.7/5		3.3/5
Google Play Rating	4.5/5		4.3/5
BBB Rating	B		A+

Comparative Historical APY Insights (Last 8 Months)

	Bask Bank		Neighbors Bank
Product	Interest Savings Account	vs	Neighbors Savings Account
Latest APY	4.05 %		4.50 %
Trend	Sideways		Sideways
Slope (bps/mo)	-3.4		-0.8
Rate Changes / Mo	0.39		0.26
Days Since Last Change	27		2
High (-8 m)	4.35 %		4.75 %
Low (-8 m)	4.05 %		4.50 %
Draw-down from High	-6.9 %		-5.3 %
Volatility (CV)	0.021		0.008

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 233 days.
Low (-8 m): Lowest APY in the last 233 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.

More Comparisons

Compare Bask Bank's APY of 4.05% with other banks

Bank Pair	Competitor APY	Min Deposit
Bask Bank vs Ally Bank	3.40%	$0
Bask Bank vs American Express	3.50%	$0
Bask Bank vs Axos Bank	4.51%	$0
Bask Bank vs Bank of America	0.01%	$100
Bask Bank vs Barclays	4.10%	$0
Bask Bank vs BrioDirect	4.20%	$5,000
Bask Bank vs Capital One	3.40%	$0
Bask Bank vs Chase Bank	0.01%	$0
Bask Bank vs Chime	3.50%	$0
Bask Bank vs CIT Bank	3.85%	$100
Bask Bank vs Citizens Access™	3.50%	$0.01
Bask Bank vs Discover Bank	3.40%	$0
Bask Bank vs Elevault	4.34%	$0
Bask Bank vs EverBank	4.05%	$0
Bask Bank vs Fitness Bank	4.75%	$100
Bask Bank vs FNBO Direct	3.00%	$1
Bask Bank vs FVCbank	4.10%	$500
Bask Bank vs GO2bank	4.50%	$0
Bask Bank vs LendingClub	4.20%	$0
Bask Bank vs Marcus by Goldman Sachs	3.65%	$0
Bask Bank vs Newtek Bank	4.35%	$0
Bask Bank vs Peak Bank	4.20%	$100
Bask Bank vs Pibank	4.60%	$0
Bask Bank vs Presidential Bank	4.50%	$5,000
Bask Bank vs Santander Bank	0.01%	$25
Bask Bank vs SoFi Bank	4.50%	$0
Bask Bank vs Synchrony Bank	3.80%	$0
Bask Bank vs TIMBR	4.40%	$1,000
Bask Bank vs UFB Direct	3.96%	$5000
Bask Bank vs Valley Direct	4.10%	$1000
Bask Bank vs Varo Bank	5.00%	$0
Bask Bank vs Wells Fargo	2.51%	$25
Bask Bank vs Zynlo Bank	4.20%	$10

Compare Neighbors Bank's APY of 4.50% with other banks

Bank Pair	Competitor APY	Min Deposit
Neighbors Bank vs Ally Bank	3.40%	$0
Neighbors Bank vs American Express	3.50%	$0
Neighbors Bank vs Axos Bank	4.51%	$0
Neighbors Bank vs Bank of America	0.01%	$100
Neighbors Bank vs Barclays	4.10%	$0
Neighbors Bank vs BrioDirect	4.20%	$5,000
Neighbors Bank vs Capital One	3.40%	$0
Neighbors Bank vs Chase Bank	0.01%	$0
Neighbors Bank vs Chime	3.50%	$0
Neighbors Bank vs CIT Bank	3.85%	$100
Neighbors Bank vs Citizens Access™	3.50%	$0.01
Neighbors Bank vs Discover Bank	3.40%	$0
Neighbors Bank vs Elevault	4.34%	$0
Neighbors Bank vs EverBank	4.05%	$0
Neighbors Bank vs Fitness Bank	4.75%	$100
Neighbors Bank vs FNBO Direct	3.00%	$1
Neighbors Bank vs FVCbank	4.10%	$500
Neighbors Bank vs GO2bank	4.50%	$0
Neighbors Bank vs LendingClub	4.20%	$0
Neighbors Bank vs Marcus by Goldman Sachs	3.65%	$0
Neighbors Bank vs Newtek Bank	4.35%	$0
Neighbors Bank vs Peak Bank	4.20%	$100
Neighbors Bank vs Pibank	4.60%	$0
Neighbors Bank vs Presidential Bank	4.50%	$5,000
Neighbors Bank vs Santander Bank	0.01%	$25
Neighbors Bank vs SoFi Bank	4.50%	$0
Neighbors Bank vs Synchrony Bank	3.80%	$0
Neighbors Bank vs TIMBR	4.40%	$1,000
Neighbors Bank vs UFB Direct	3.96%	$5000
Neighbors Bank vs Valley Direct	4.10%	$1000
Neighbors Bank vs Varo Bank	5.00%	$0
Neighbors Bank vs Wells Fargo	2.51%	$25
Neighbors Bank vs Zynlo Bank	4.20%	$10