Bask Bank

Bask Bank
Deposit Rates APY Vs.Others
Savings 4.15% 4.45% →
1-Year CD 4.45% 5.00% →
2-Year CD 4.10% 4.75% →
3-Year CD N.A. 4.60% →
4-Year CD N.A. 4.50% →
5-Year CD N.A. 4.55% →

2023 Overview

General Online Bank Information

Money that you deposit is held by Texas Capital Bank. Texas Capital Bank is an FDIC insured institution founded in 1997. It has approximately $32.33 billion in assets.

Deposits FDIC Insured Yes
Insured Bank Texas Capital Bank
FDIC Certificate # 34383
Date Established 1997
Assets $32.33 billion
Loans $23.84 billion
Deposits $25.76 billion
Capital $3.05 billion

For a more detailed analysis of Texas Capital Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - January 30, 2023

Online Savings and Money Market Rates
Online Savings and Money Market Rates APY MIN MAX
Interest Savings Account
4.15% $0 - Learn More
Online CD Rates
Online CD Rates APY MIN MAX
6 MONTH
4.30% $1,000 - Learn More
12 MONTH
4.45% $1,000 - Learn More
18 MONTH
4.10% $1,000 - Learn More
24 MONTH
4.10% $1,000 - Learn More

 

Bank Offers

Bask's Interest Savings Account Rate is now 0.80% APY
Apr 2, 2022

Bask raised its interest savings account rate from 0.70% to 0.80% APY.


Bask Raises Its Online Savings Rate to 1.25%
May 5, 2022

This is the point where long-time account holders of Bask's AAdvantage program may want to start to seriously thinking about switching over the cash interest.


Bask Bank Raises Online Savings to 2.02% APY
Jul 20, 2022

Bask has raised its online savings rate to 2.02% APY.   As of this moment, this is the highest nationally available online savings rate.


Bank Bank increases Its Online Savings Rate to 2.20% APY
Aug 16, 2022

Bask has raised its online savings rate again.


Bask Bank Raises Online Savings to 2.53% APY
Sep 12, 2022

Bask has raised its online savings rate by 33 BPS on September 12, 2022.


Bask Bank Raises Its Online Savings Rate to 2.75%
Sep 22, 2022

Bask Bank has raised its online savings rate from 2.53% to 2.75% in the aftermath of the Fed's move to raise the Fed Funds over 3%.


Bask Bank Raises Its Online Savings Rate to 3.05%
Oct 13, 2022

The bank has raised its online savings rate from 2.75% to 3.05% APY this morning.


Bask Bank's Online Savings Rate is Now 3.60% APY; CDs also Raised
Nov 4, 2022

Bask has raised its online rate to 3.60%.   Its 6-month CD is at 4.00% and its 12-month CD is at 4.10%.


Bask Bank Raises Its Online Savings Rate to 3.85%
Nov 30, 2022

Bask Bank has raised its online savings rate from 3.60% to 3.85% APY today.


Bask Bank Raises Its Online Savings Rate to 4.03% APY
Dec 13, 2022

Bask Bank has raised its online savings rate to 4.03% APY this morning.   It had previously been at 3.85%.




Climate Initiatives

Bask Bank is encouraged to provide us with this information. When we receive this information from the online bank, we will provide it here.



Customer Reviews for Bask Bank


  • October 30, 2022 |

    Savings Rates

    very easy process, no probs at all

  • October 15, 2022 |

    Savings Rates

    THE BEST SAVING RATE BANK EVER!!!!

  • September 21, 2022 |

    I opened an account, funded the account, and several days later, Bask "disabled" my account without notifying me or providing any explanation. In other words, they held my account funds hostage. Only after involving the FDIC, did Bask make an effort to communicate. They never disclosed why they shut me out of my account. Don't do it. Its not worth the risk or the stress.

  • August 1, 2022 |

    Savings Rates

    Very good rate (currently 2.02%), but doesn't offer joint accounts - so can't have my wife as co-owner to get $500k FDIC coverage. Bask suggested that I designate wife as beneficiary, but that doesn't increase FDIC coverage above $250k. Some banks (like Bask) don't seem to understand how FDIC coverage works.

  • June 22, 2022

    Easy signup, great rates that have been increasing lately, very happy with this bank !

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