Bask Bank vs SoFi Bank
Head-to-head comparison of Bask Interest Savings and SoFi Checking and Savings, updated daily.
Bask Bank currently wins on APY: 4.65% vs 4.00%
| Feature | Bask BankUpdated 1d ago | SoFi BankLive |
|---|---|---|
| APY | 4.65%★ | 4.00% |
| Min opening deposit | $0 | $0 |
| Min balance for APY | $0 | $0 |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | No | Yes★ |
| Check writing | No | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.5 / 5 | 4.7 / 5★ |
Bask Bank verdict
Bask is one of the rate leaders right now and has been consistently aggressive on APY since launch in 2020. The Mileage Savings variant is genuinely unique — you can earn American Airlines miles instead of interest. For pure cash yield, Bask is currently in our top 3.
Read full Bask Bank review →SoFi Bank verdict
SoFi remains one of our highest-rated picks for everyday savers in April 2026. The headline APY is gated behind a recurring direct deposit requirement, but for anyone who can route their paycheck through SoFi, it is one of the best risk-adjusted yields available from a fully insured U.S. institution. The bundled checking-and-savings product means you get a high APY without needing to maintain a separate account elsewhere.
Read full SoFi Bank review →