Bask Bank vs. Peak 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
Peak Bank
Envision High Yield Savings
4.20%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Peak Bank
Envision High Yield Savings
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.
Comparison Analysis
Comparing Bask Bank vs. Peak Bank
Why Bask Bank?
No distinct advantages found vs Peak Bank.
Why Peak Bank?
- ✓Higher potential APY (4.20% vs 3.90%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Peak BankPeak Bank's Envision High Yield Savings earns more on smaller deposits (approx. $420 vs $390/yr).
Better Returns at $25,000
Peak BankPeak Bank's Envision High Yield Savings pulls ahead with larger amounts (approx. $1050 vs $975/yr).
Best for Simplicity
Peak BankPeak Bank's Envision High Yield Savings offers 4.20% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Peak Bank's Envision High Yield Savings pays $30 more interest on a $10,000 balance than Bask Bank's Interest Savings Account.
Executive Summary
Peak Bank offers the Envision High Yield Savings account with a competitive APY of 4.20%, making it the winner in this comparison. This account requires a minimum deposit of $100 and has no maintenance fees, providing better returns on both small and large deposits compared to Bask Bank's Interest Savings Account, which has an APY of 3.90%. Both accounts are online-only, and neither requires direct deposit. For those seeking a higher yield, Peak Bank's offering is the superior choice.
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 Peak Bank.
| Feature | Bask Bank | Peak Bank |
|---|---|---|
| APY | 3.90% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 4.20% Verified: 12/6/2025 ↘︎ 0.15%90d Change |
| Product Name | Interest Savings Account | Envision High Yield Savings |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0 | N/A |
| 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 | iOS4.8 Android4.6 |
| BBB Rating | B | A+ |
| Next Steps |
Savings Comparison
Peak Bank earns $194.1 more than Bask 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
Peak Bank
Envision High Yield Savings
Savings Breakdown
- Interest Earned+$2,564.30(12.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,564.30
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 | Peak Bank |
|---|---|---|
| Interest Savings Account | Envision High Yield Savings | |
Current APY | 3.90% | 4.20% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.4 | -3.7 |
Days Since Change | 29 | 66 |
10-Month High | 4.35% | 4.54% |
10-Month Low | 3.90% | 4.20% |
Adjustments / Mo | 0.41 | 0.41 |
Volatility Score | 0.033 | 0.028 |
How to read these metrics(Click to expand)
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