If you’re looking for a new savings account, Bask Bank Interest Savings Account is offering a 4.50% APY. Bask Bank allows you to start earning many times the national average interest rate.
Update 12/24/24: The Bask Bank Interest Savings offers the current 4.50% APY (down from 4.65% APY).
Important Note:
- The Bask Mileage Savings Account offers the current AAdvantage Bonus Miles offer. The prior 5,000 AAdvantage Bonus Miles has increased to 10,000 AA bonus miles. You’ll also earn 2.5 American Airlines AAdvantage® miles for every $1 saved annually when you open a Bask Mileage Savings Account.
- These are two different accounts.
Editor’s Note: Interested in opening a CD account? See our review of Bask Bank’s competitive CD rates.
About Bask Bank
Headquartered in Dallas, Bask Bank is an internet-only division of Texas Capital Bank that makes building toward your savings goals look easy. Introduced in 2020, they provide a savings account that uniquely offered AAdvantage® miles in place of interest.
Bask Bank Interest Savings Account
Here is your opportunity to earn a competitive interest rate APY on your funds. Open a new account and start earning interest and get started today!
- Account Type: Interest Savings Account
- Interest Rate: 4.50% APY
- Availability: Nationwide, online only
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Opening Deposit Requirement: None
- Monthly Fee: None
- Early Termination Fee: None. The account must be funded within 60 days.
(FDIC Insured)
Bask Bank ACH Capabilities and Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | 1-3 business days | $250K | $300K | $150,000 per transaction |
| Pull | 1-3 business days | $250K | $300K |
Account Rates
| Balance Requirement | APY Rate |
| None | 5.00% |
Bask Bank Account Benefits
- Earn a higher rate on your savings
- Zero minimum balance requirements
- Zero monthly account fees
- FDIC-insured deposits
- There are no monthly fees
Bask Mileage Savings 10,000 AAdvantage Bonus Miles
You can earn up to 10,000 AAdvantage miles.
- To qualify for this offer, you must be a first time Bask Mileage Savings Account customer, open a Bask Mileage Savings Account between December 1, 2024 and February 28, 2025, fund your Bask Mileage Savings Account within 15 business days following the initial account opening and maintain a minimum daily account balance of $50,000 for 180 consecutive days out of the first 210 days following the initial account opening.
- AAdvantage® bonus miles are awarded within 10 business days upon meeting offer qualifications and may take 6 to 8 weeks to post to your AAdvantage® account. The value of this bonus offer will be reported to the IRS, and the recipient is responsible for any federal, state or local taxes on this offer.
Author’s Verdict
Check out this offer from Bask Bank right now if you open an Interest Savings Account you earn a competitive rate. Let us know about your thoughts and experience with this account!
Alternatively, you may be interested in learning more about the Bask Bank Interest Savings Account or keeping up with the latest Bask Bank Promotions.
Be sure to check back on BankDealGuy for more bank rates and CD rates!
In addition to the current rate from Bask Bank, you can also take advantage of a range of great promotions from banks such as U.S. Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
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