Compound Interest Calculator
CD 9-month Account from Bask Bank, a division of Texas Capital Bank with 4.05% APY and $1,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 9-month Account from Bask Bank, a division of Texas Capital Bank with 4.05% 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 $29,748. The interest earned would be $9,748 and the tax amount on the interest earned would be approximately $2,924.

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
$6,492 over 10 years
Cash Savings $20,000
Average Interest Earned $331

 
Bask Bank, a division of Texas Capital Bank Interest Earned $6,823

 

 

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:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 47 33
2 20,047 47 33
3 20,094 47 33
4 20,141 47 33
5 20,188 47 33
6 20,235 47 33
7 20,282 47 33
8 20,330 48 33
9 20,377 48 33
10 20,425 48 33
TOTAL: $473 $331

Bask Bank, a division of Texas Capital Bank Scenario

Rate:
4.05%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 810 567
2 20,810 843 590
3 21,653 877 614
4 22,530 912 639
5 23,442 949 665
6 24,392 988 692
7 25,379 1,028 720
8 26,407 1,069 749
9 27,477 1,113 779
10 28,590 1,158 811
TOTAL: $9,748 $6,823
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Recent Rate Changes



Date APY
August 17, 2026 4.05%
March 16, 2026 4.00%
December 22, 2025 3.85%
November 10, 2025 3.95%
September 18, 2025 4.05%
May 31, 2025 4.25%
April 18, 2025 4.35%
March 24, 2025 4.40%
February 4, 2025 4.50%
February 4, 2025 4.30%
November 16, 2024 4.30%
October 1, 2024 4.50%
September 26, 2024 4.60%
September 18, 2024 4.20%
September 18, 2024 4.90%
September 9, 2024 4.90%
August 12, 2024 5.00%
August 7, 2024 5.30%


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


  • 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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