Bask Bank vs. Valley Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of Bask Bank vs. Valley Direct
Key Metrics at a Glance
| Feature | Bask Bank | Valley Direct |
|---|---|---|
| Top Savings APY | 3.90% Interest Savings Account | 4.10% High-Yield Savings Account |
| Minimum to Open | $0 | $1,000 |
| Minimum Balance for Top APY | $0 | $0.01 |
| Note | Promo. Eligibility restricted to new customers. |
Bask Bank
Strengths
- Bask Bank offers a competitive APY of 3.90%, though it decreased from 4.05% in the last 30 days.
- No maintenance fees are charged for the Interest Savings Account.
- Bask Bank has a solid App Store rating of 4.7.
Potential Drawbacks
- Bask Bank has a BBB rating of B, indicating lower trustworthiness.
- There are no physical branches for in-person service.
- The Interest Savings Account has no minimum deposit requirement but is online-only.
Valley Direct
Strengths
- Valley Direct offers a higher APY of 4.10%, stable over the last 30 days.
- Valley Direct has a superior BBB rating of A+, reflecting higher trustworthiness.
- Accounts can be serviced at multiple branch locations in NJ, NY, FL, and AL.
Potential Drawbacks
- Valley Direct requires a minimum deposit of $1,000 to open a High-Yield Savings Account.
- The High-Yield Savings Account is available only to new customers under promo eligibility.
- Valley Direct has a slightly lower App Store rating of 4.8.
→ As of November 16, 2025 Bask Bank offers an APY of 3.90% for its Interest Savings Account, with a minimum balance of $0, compared to Valley Direct's 4.10% APY for its High-Yield Savings Account, with a minimum balance of $0.01.
→ Valley Direct yields $20 more than Bask Bank on a $10,000 balance after one year. Bask Bank pays $390, while Valley Direct pays $410 - an APY advantage for Valley Direct.
Calculate Savings Growth for Bask Bank vs Valley Direct
Bask Bank - Interest Savings Account
Total savings breakdown:
- Interest earned: $2,370.2 (11.64%)
- Total contributions: $13,000 (63.82%)
- Initial deposit: $5,000 (24.55%)
Your total balance
$20,370.20
Total balance: $20,370.2
Earnings: $2,370.2
Bank OverviewValley Direct - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,499.4 (12.19%)
- Total contributions: $13,000 (63.42%)
- Initial deposit: $5,000 (24.39%)
Your total balance
$20,499.40
Total balance: $20,499.4
Earnings: $2,499.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Bask Bank's total earnings would be $129.2 lower than Valley Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Bask Bank's vs Valley Direct's Savings Accounts
| Bask Bank | Valley Direct | ||
|---|---|---|---|
| Product | Interest Savings Account | vs | High-Yield Savings Account |
| APY | 3.90% (as of 11/16/2025) | 4.10% (as of 11/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $1,000 | |
| Minimum Balance for APY | $0 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Eligibility | United States | Only for new customers. Existing Valley Bank or Valley Direct customers may open a savings account with a somewhat lower rate. | |
| Note | Promo. Eligibility restricted to new customers. | ||
| App Store Rating | 4.7/5 | 4.8/5 | |
| Google Play Rating | 4.5/5 | 4.5/5 | |
| BBB Rating | B | A+ |
Comparative Historical APY Insights (Last 11 Months)
| Bask Bank | Valley Direct | ||
|---|---|---|---|
| Product | Interest Savings Account | vs | High-Yield Savings Account |
| Latest APY | 3.90 % | 4.10 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -4.4 | 2.6 | |
| Rate Changes / Mo | 0.54 | 0.72 | |
| Days Since Last Change | 9 | 51 | |
| High (-11 m) | 4.65 % | 4.55 % | |
| Low (-11 m) | 3.90 % | 3.75 % | |
| Draw-down from High | -16.1 % | -9.9 % | |
| Volatility (CV) | 0.035 | 0.051 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 11 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-11 m)
- Highest APY in the last 334 days.
- Low (-11 m)
- Lowest APY in the last 334 days.
- Draw-down from High
- How far today sits below the 11-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.