Bask Bank vs. Upgrade
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
Upgrade
Premier Savings
3.05%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Upgrade
Premier 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.
Bask Bank vs. Upgrade Savings Calculator
Bask Bank earns $540.6 more than Upgrade.
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
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$1,829.60(9.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,829.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Bask Bank vs. Upgrade
Why Bask Bank?
- ✓Higher potential APY (3.90% vs 3.05%) on all balances
Why Upgrade?
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 $305/yr).
Better Returns at $25,000
Bask BankBask Bank's Interest Savings Account pulls ahead with larger amounts (approx. $975 vs $763/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 $85 more interest on a $10,000 balance than Upgrade's Premier Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Bask Bank offers a competitive Interest Savings Account with an APY of 3.90%, making it the clear winner compared to Upgrade's Premier Savings, which has a lower APY of 3.05%. Bask Bank's account requires no minimum deposit or maintenance fees and does not mandate direct deposit, making it appealing for those seeking simplicity. Additionally, it is an online-only product, providing easy access without physical branches. In contrast, Upgrade's Premier Savings requires a minimum balance of $1,000 but also has no direct deposit requirement. Both accounts are FDIC insured.
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 Upgrade.
| Feature | Bask Bank | Upgrade |
|---|---|---|
| APY | 3.90% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 3.05% Verified: 12/10/2025 ↘︎ 0.97%90d Change |
| Product Name | Interest Savings Account | Premier Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $1,000 |
| 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 | iOS4.9 Android4.5 |
| BBB Rating | B | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bask Bank | Upgrade |
|---|---|---|
| Interest Savings Account | Premier Savings | |
Current APY | 3.90% | 3.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.5 | -10.4 |
Days Since Change | 34 | 39 |
11-Month High | 4.50% | 4.14% |
11-Month Low | 3.90% | 3.05% |
Adjustments / Mo | 0.47 | 0.28 |
Volatility Score | 0.037 | 0.105 |
How to read these metrics(Click to expand)
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