Compound Interest Calculator
CD 1-year Account from Bask Bank, a division of Texas Capital Bank with 4.35% APY and $1,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 1-year Account from Bask Bank, a division of Texas Capital Bank with 4.35% APY and $1,000 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $30,616. The interest earned would be $10,616 and the tax amount on the interest earned would be approximately $3,185.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for Bask Bank, a division of Texas Capital Bank

Savings Boost of
$6,639 over 10 years
Cash Savings $20,000
Average Interest Earned $792

 
Bask Bank, a division of Texas Capital Bank Interest Earned $7,432

 

 

See comparison detail table

This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.55%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 110 77
2 20,110 111 78
3 20,221 112 78
4 20,333 112 79
5 20,445 113 79
6 20,558 113 79
7 20,672 114 80
8 20,786 115 80
9 20,900 115 81
10 21,016 116 81
TOTAL: $1,132 $792

Bask Bank, a division of Texas Capital Bank Scenario

Rate:
4.35%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 870 609
2 20,870 908 635
3 21,778 947 663
4 22,725 989 692
5 23,714 1,032 722
6 24,745 1,076 753
7 25,822 1,123 786
8 26,945 1,172 820
9 28,117 1,223 856
10 29,340 1,276 893
TOTAL: $10,616 $7,432
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Recent Rate Changes



Date APY
September 22, 2026 4.35%
August 17, 2026 4.15%
June 17, 2026 4.10%
May 18, 2026 4.05%
April 18, 2026 4.00%
December 22, 2025 3.75%
November 10, 2025 3.85%
September 18, 2025 4.00%
September 3, 2025 4.20%
April 18, 2025 4.30%
February 4, 2025 4.40%
November 16, 2024 4.25%
October 29, 2024 4.40%
October 1, 2024 4.50%
September 18, 2024 4.60%
September 9, 2024 4.90%
August 12, 2024 5.00%
August 1, 2024 5.25%
June 10, 2024 5.30%
March 7, 2024 5.20%
December 14, 2023 5.40%
October 17, 2023 5.60%
August 20, 2023 5.15%


Featured CD Rates

Advertiser Disclosure
ONLINE BANKS APY? MIN?

Take your savings to the next level with our 12-month online CD special!

12-Month

Last change: ↑0.45% on October 1.
Early Withdrawal Penalty is 730 days interest.

Last change: ↑0.35% on October 1.
Early Withdrawal Penalty is 365 days interest.

Last change: ↑0.30% on October 1.
Early Withdrawal Penalty is 365 days interest.

Last change: ↑0.35% on September 25.



Customer Reviews for Bask Bank, a division of Texas Capital Bank

3.4 out of 5 based on 19 ratings


  • June 2, 2026 |

    Opened an account with Bask several years ago for all of American Airlines miles when rates were close to zero. At some point I switched to an interest bearing account and then at some point I moved to another bank which was offering a higher rate. Never had a problem and I would have stayed or gone back if their rate had remained among the top rates. Now I received a note that my information was compromised and offering me some sort of credit monitoring. Very disappointed and unsure whether to engage in the credit monitoring (have perfect credit and hate these companies). I am obviously done with Bask but what do I do about this?

  • April 20, 2024 |

    Savings Rates

    Save your tears for another day. Very frustrating. 1-star.

  • August 25, 2023 |

    Savings Rates

    I always appreciated Bask Bank for the instant transfers out and the immediate credit when transferring in. Recently, transfers in on a Thursday aren't credited until the following Monday, even though the money is drawn. I may go somewhere else.

  • April 27, 2023 |

    Savings Rates

    I finally transitioned from the American miles earning account to the interest savings product. The savings rate became so high that it made sense, even vs 2 miles per $. I had been very happy with Bask already as a mileage account and am happy as an interest account. The transition was not seemless (needed to call). That is my only complaint and since it doesn't affect most I give it 5.

  • April 3, 2023 |

    Savings Rates

    I've been with Bask for a long time now. I first opened with them before the pandemic to earn American miles instead of a low rate. I continued through the pandemic and racked up enough American miles to meet all of me and my wife's travel needs for the next decade. Moved over to the savings account a couple months ago as rates began climbing. Never a problem or even a concern. Now planning to take out a CD with them. I'd recommend it to anyone.


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