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Bask Bank Interest Savings Account

About Bask Bank High-Yield Savings

The Bask Bank Interest Savings Account from Bask Bank is one of the top-rated High-Yield Savings options evaluated on MoneyCompared, earning an overall product score of 9.3/10. Bask Bank, the online division of Texas Capital Bank (Member FDIC), specializes in top-tier High-Yield Savings, Fixed-Rate CDs, and the unique Bask Mileage Savings Account that earns American Airlines AAdvantage miles instead of taxable interest.
Key highlights include 4.85% APY, a fee structure of $0 Monthly Fee, and Earn 2 AAdvantage miles per $1 on Mileage Savings option.

Features

Annual Fee	$0 Monthly Fee
Regular APR / Rate	4.85% APY
Intro Offer / Welcome Bonus	Earn 2 AAdvantage miles per $1 on Mileage Savings option
Savings APY / AER	Daily compounding interest, $0 minimum balance
Minimum Deposit	$0 Minimum Deposit
Foreign Transaction Fee	$0 (None)
Deposit Insurance	FDIC / NCUA Insured ($250k+)
Mobile App Rating	4.8 / 5.0
Overall Rating	9.3 / 10

About Product

Annual / Monthly Fee: $0 Monthly Fee
APR / APY Rate: 4.85% APY
Intro Offer / Bonus: Earn 2 AAdvantage miles per $1 on Mileage Savings option
Key Benefits: Daily compounding interest, $0 minimum balance
Minimum Requirement: $0 Minimum Deposit
Institution: Bask Bank (Dallas, TX, USA)

Pros

Rate / APY / APR: 4.85% APY
Fee Structure: $0 Monthly Fee
Welcome Offer / Highlight: Earn 2 AAdvantage miles per $1 on Mileage Savings option
Key Perks: Daily compounding interest, $0 minimum balance

Cons