Bask Bank vs. Santander 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
Santander Bank
Santander Savings
0.01%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Santander Bank
Santander Savings
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.
Comparison Analysis
Comparing Bask Bank vs. Santander Bank
Why Bask Bank?
- ✓Higher potential APY (3.90% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.5 vs 4.0)
Why Santander Bank?
- ✓Physical branch access (Primarily in the Northeast and Miami, Florida)
— Key Feature Differences —
Better Returns at $10,000
Bask BankBask Bank's Interest Savings Account earns more on smaller deposits (approx. $390 vs $1/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $975 vs $3/yr).
Best for Simplicity
Bask BankBask Bank's Interest Savings Account offers 3.90% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Bask Bank's Interest Savings Account pays $389 more interest on a $10,000 balance than Santander Bank's Santander Savings.
Executive Summary
Bask Bank offers a competitive Interest Savings Account with an APY of 3.90%, making it a strong choice for savers looking for better returns without any direct deposit requirements or maintenance fees. This online-only account allows for deposits starting at $0, and it compounds interest daily. In contrast, Santander Bank's Savings account provides a significantly lower APY of just 0.01%, with a minimum deposit of $25 and a $1 maintenance fee. Given these factors, Bask Bank stands out as the clear winner for those seeking higher yield savings options.
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 Santander Bank.
| Feature | Bask Bank | Santander Bank |
|---|---|---|
| APY | 3.90% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 0.01% Verified: 12/6/2025 ↘︎ 0.02%90d Change |
| Product Name | Interest Savings Account | Santander Savings |
| Minimum Deposit | $0 | $25 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $1 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.5 | iOS4.8 Android4.0 |
| BBB Rating | B | Not Rated |
| Next Steps |
Savings Comparison
Bask Bank earns $2,364.5 more than Santander 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
Santander Bank
Santander Savings
Savings Breakdown
- Interest Earned+$5.70(0.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,005.70
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 | Santander Bank |
|---|---|---|
| Interest Savings Account | Santander Savings | |
Current APY | 3.90% | 0.01% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.5 | -0.2 |
Days Since Change | 29 | 78 |
10-Month High | 4.50% | 0.03% |
10-Month Low | 3.90% | 0.01% |
Adjustments / Mo | 0.47 | 0.09 |
Volatility Score | 0.036 | 0.375 |
How to read these metrics(Click to expand)
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