Bask Bank vs. Synchrony 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
Synchrony Bank
High Yield Savings
3.65%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Synchrony Bank
High Yield 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. Synchrony Bank
Why Bask Bank?
- ✓Higher potential APY (3.90% vs 3.65%) on all balances
Why Synchrony Bank?
No distinct advantages found vs Bask Bank.
— Key Feature Differences —
Better Returns at $10,000
Bask BankBask Bank's Interest Savings Account earns more on smaller deposits (approx. $390 vs $365/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $975 vs $913/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 $25 more interest on a $10,000 balance than Synchrony Bank's High Yield Savings.
Executive Summary
Bask Bank offers a competitive Interest Savings Account with a notable APY of 3.90%, making it the superior choice compared to Synchrony Bank's High Yield Savings account, which has an APY of 3.65%. Both accounts have no minimum deposit or balance requirements, and neither requires direct deposit, providing flexibility for customers. Additionally, both accounts are online-only with no maintenance fees. Bask Bank's product is highlighted for its simplicity, with no bundling or caps on earnings, making it an attractive option for savers.
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 Synchrony Bank.
| Feature | Bask Bank | Synchrony Bank |
|---|---|---|
| APY | 3.90% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 3.65% Verified: 12/6/2025 ↘︎ 0.15%90d Change |
| Product Name | Interest Savings Account | High Yield Savings |
| 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 Android4.5 | iOS4.8 Android4.5 |
| BBB Rating | B | Not Rated |
| Next Steps |
Savings Comparison
Bask Bank earns $160.5 more than Synchrony 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
Synchrony Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$2,209.70(10.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,209.70
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 | Synchrony Bank |
|---|---|---|
| Interest Savings Account | High Yield Savings | |
Current APY | 3.90% | 3.65% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.5 | -3.4 |
Days Since Change | 29 | 18 |
10-Month High | 4.50% | 4.10% |
10-Month Low | 3.90% | 3.65% |
Adjustments / Mo | 0.47 | 0.28 |
Volatility Score | 0.036 | 0.031 |
How to read these metrics(Click to expand)
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