Bask Bank vs. Sallie Mae Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Bask Bank
Interest Savings Account
3.90%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Bask Bank
Interest Savings Account
Sallie Mae Bank
High-Yield Savings Account
3.90%APYDec 10, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Sallie Mae Bank
High-Yield Savings Account
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Bask Bank vs. Sallie Mae Bank Savings Calculator
Both accounts earn exactly the same amount.
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
Sallie Mae Bank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,370.20(11.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,370.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Bask Bank vs. Sallie Mae Bank
Why Bask Bank?
- ✓Higher rated iOS app (4.7 vs 1.5)
- ✓Higher rated Android app (4.6 vs 1.6)
Why Sallie Mae Bank?
No distinct advantages found vs Bask Bank.
— Key Feature Differences —
Best Mobile App Experience
Bask BankBask Bank offers an iOS app rated 4.7 (vs. 1.5) and Android app rated 4.6 (vs. 1.6)
Shared Benefits
Executive Summary
Bask Bank and Sallie Mae Bank both offer high-yield savings accounts with an APY of 3.90%. While their rates are comparable, Bask Bank distinguishes itself with a superior mobile app experience, boasting an iOS app rated 4.7 and an Android app rated 4.6. Both banks provide online-only accounts with no minimum deposit or balance requirements, and neither charges maintenance fees. Additionally, neither bank requires direct deposit for account opening. For those seeking a high-yield savings option, both banks present attractive choices.
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 Sallie Mae Bank.
| Feature | Bask Bank | Sallie Mae Bank |
|---|---|---|
| APY | 3.90% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 3.90% Verified: 12/10/2025 Stable (90d) |
| Product Name | Interest Savings Account | High-Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| 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 Android4.6 | iOS1.5 Android1.6 |
| BBB Rating | B | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bask Bank | Sallie Mae Bank |
|---|---|---|
| Interest Savings Account | High-Yield Savings Account | |
Current APY | 3.90% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.5 | -0.1 |
Days Since Change | 34 | 313 |
11-Month High | 4.50% | 4.00% |
11-Month Low | 3.90% | 3.90% |
Adjustments / Mo | 0.47 | 0.09 |
Volatility Score | 0.037 | 0.004 |
How to read these metrics(Click to expand)
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