Bask Bank review 2025: Earn cash or travel rewards for your savings
advertisement
Bask Bank review 2025: Earn cash or travel rewards for your savings
Bask Bank is an online-only bank backed by Texas Capital Bank in Dallas. It focuses on low-cost savings products with very high interest rates. Its checking, savings, and CD options all bring competitive earnings to your stored funds.
But Bask Bank also offers something altogether unique—something especially valuable for travelers. Here’s what you need to know about Bask Bank.
All rates and fees are current as of Nov. 6, 2025, and are subject to change.
SponsoredAdvertiser DisclosureAdvertiser DisclosureMany of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield). Rates / Annual Percentage Yield terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.Compare Personal Finance Options for 2021 Select all products of interest and compare:Product DescriptionsProduct DescriptionsChecking A transactional account that allows for numerous withdrawals and unlimited deposits. Money can be accessed via checks, ATMs, or debit card among other methods. Savings A bank account that keeps your money safe and secure, while paying you interest. MMA A Money Market Account is an interest-bearing deposit account at a bank or credit union that pays interest based on current rates in the money markets. CD A Certificate of Deposit features historically higher APYs, guaranteed returns & FDIC insurance. CDs are offered in fixed terms w/penalties for early withdrawals. 401K A 401k is a retirement-savings account that allows an employee to divert a portion of their salary into long-term investments and provides special tax benefits. Brokerage An investment account used by investors to buy and sell stocks, bonds, and mutual funds. Income from investments are taxed as capital gains. REIT A Real Estate Investment Trust owns and operates income-generating real estate. REITs allow investment in real estate without the need to own, operate, or finance properties. Robo Advisor A robo-advisor is an automated investing service that uses algorithms to provide financial advice and/or investment management help you manage your investment portfolio. Relatively inexpensive compared to a human financial advisor. Roth IRA An individual retirement account allows after-tax contributions of earned income below a certain level. Investment growth and future withdrawals are tax free. Traditional IRA An individual retirement account where you contribute pre-or after-tax dollars. Investment growth is tax-deferred until withdrawal. Financial Advisor Financial advisors help people manage their money and reach their financial goals. Annuity A financial contract with an insurance company where you make the investor makes a lump-sum payment or series of payments in exchange for regular disbursements in the future. Cash Management A cash account typically offered by nonbank financial institutions. CMAs combine features from traditional checking and savings accounts. Business Checking A business checking account is similar to a personal checking account, but allows you to separate your business and personal expenses. This can help you keep records organized and simplify your taxes. Checking AccountsSavings AccountsCertificates of DepositRetirement AccountsReal Estate InvestmentInvestment AccountsAnnuityVIEW AllBusiness CheckingVIEW LESSPlease select one or more products to compare7 ResultsProduct Descriptions
Openbank : High Yield SavingsMember FDICDisclosureDisclosureOpenbank High Yield Savings is currently available to individuals who reside in the 50 states and the District of Columbia. *Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12:01 am Eastern Time Dec 12th 2025. The products and rates we offer may vary between locations, are available in select markets only, and are subject to change without notice. Rate for this product will be based on the residential zip code entered when account is opened within online application process. This is a variable-rate account and the rate applicable may change at our discretion any time without notice. A minimum deposit of $500 is required to open a Openbank High Yield Savings account. Personal accounts only. Openbank is a division of Santander Bank, N.A. Member FDIC. There is a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership. Visit FDIC.gov for details. Deposits at Santander Bank, N.A., and Openbank are combined for the purposes of calculating FDIC insurance limits (FDIC Cert #29950) and are not separately insured. VIEW DETAILS on Openbank's website Annual Percentage Yield 4.20% as of 12/12/2025Monthly Fee$0Min Deposit to Earn APY$500Member FDICDisclosureDisclosureOpenbank High Yield Savings is currently available to individuals who reside in the 50 states and the District of Columbia. *Interest Rates and Annual Percentage Yields (APYs) are accurate as of 12:01 am Eastern Time Dec 12th 2025. The products and rates we offer may vary between locations, are available in select markets only, and are subject to change without notice. Rate for this product will be based on the residential zip code entered when account is opened within online application process. This is a variable-rate account and the rate applicable may change at our discretion any time without notice. A minimum deposit of $500 is required to open a Openbank High Yield Savings account. Personal accounts only. Openbank is a division of Santander Bank, N.A. Member FDIC. There is a maximum of $250,000 of deposit insurance from the FDIC per depositor for each category of account ownership. Visit FDIC.gov for details. Deposits at Santander Bank, N.A., and Openbank are combined for the purposes of calculating FDIC insurance limits (FDIC Cert #29950) and are not separately insured. VIEW DETAILS on Openbank's website Additional Features
Earn 10x the national savings averagefor Savings deposit products as published on FDIC.gov.
FDIC insured:Enjoy the peace of mind that comes with being FDIC insured up to $250,000.
No fees:Keep more of your money with no fees.
Industry leading account security:Trusted device verification with face or fingerprint for fast, secure access.
Additional Features
Earn 10x the national savings averagefor Savings deposit products as published on FDIC.gov.
FDIC insured:Enjoy the peace of mind that comes with being FDIC insured up to $250,000.
No fees:Keep more of your money with no fees.
Industry leading account security:Trusted device verification with face or fingerprint for fast, secure access.
Jenius Bank : High Yield Savings AccountVIEW DETAILS on Jenius Bank's website Annual Percentage Yield 4.05% as of 12/12/2025Monthly Fees$0Min to Earn APY$0VIEW DETAILS on Jenius Bank's website Additional Features
FDIC insured deposits, no monthly fees, and no minimums. That’s Jenius
Earn 4.05% APY which can help you start living a richer life
24/7 support from actual humans
Additional Features
FDIC insured deposits, no monthly fees, and no minimums. That’s Jenius
Earn 4.05% APY which can help you start living a richer life
24/7 support from actual humans
Cash App : SavingsDisclosureDisclosure1Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions for more information. To earn the highest interest rate on your Cash App savings balance, you need to (a) have a Cash App Card, or sponsor one or more sponsored accounts, and qualify for Cash App Green or (b) have a sponsored account with sponsor approval. Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 in Qualifying Deposits per month. See terms and conditions for more information on how to qualify. If you are signed up to earn interest, Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. Exceptions may apply. Savings yield rate is subject to change. Round Ups provided by Cash App, a Block, Inc. brand. With a Cash App Card, your funds are eligible for FDIC pass-through insurance through our Program Banks Wells Fargo Bank, N.A. and/or Sutton Bank, Members FDIC for up to $250,000 per customer when aggregated with all other deposits held in the same legal capacity at each Program Bank above, if certain conditions are met. Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Savings provided by Cash App, a Block, Inc. brand. VIEW DETAILS on Cash App's website Annual Percentage Yield Up to 3.25% as of 12/12/2025Monthly Fee$0Min to Earn APY$1DisclosureDisclosure1Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 of Qualifying Deposits per month. Eligibility restrictions apply to some benefits. See Terms and Conditions for more information. To earn the highest interest rate on your Cash App savings balance, you need to (a) have a Cash App Card, or sponsor one or more sponsored accounts, and qualify for Cash App Green or (b) have a sponsored account with sponsor approval. Customers can qualify for Cash App Green by spending $500 in Qualifying Purchases using your Cash App Card or Cash App Pay per month, or by depositing $300 in Qualifying Deposits per month. See terms and conditions for more information on how to qualify. If you are signed up to earn interest, Cash App will pass through a portion of the interest paid on your savings balance held in an account for the benefit of Cash App customers at Wells Fargo Bank, N.A., Member FDIC. Exceptions may apply. Savings yield rate is subject to change. Round Ups provided by Cash App, a Block, Inc. brand. With a Cash App Card, your funds are eligible for FDIC pass-through insurance through our Program Banks Wells Fargo Bank, N.A. and/or Sutton Bank, Members FDIC for up to $250,000 per customer when aggregated with all other deposits held in the same legal capacity at each Program Bank above, if certain conditions are met. Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Savings provided by Cash App, a Block, Inc. brand. VIEW DETAILS on Cash App's website Additional Features
Unlock Cash App's highest savings interest offer of up to 3.25%1
Set goals and save automatically when you get paid or spend with your Cash App Card using Round Ups
No monthly fees or minimum balance
24/7 fraud monitoring and prevention
Additional Features
Unlock Cash App's highest savings interest offer of up to 3.25%1
Set goals and save automatically when you get paid or spend with your Cash App Card using Round Ups
* The Annual Percentage Yield (APY) is accurate as of 12/01/2025. The base and promotional interest rate and corresponding APY for Axos ONE Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE Savings is variable and is set at our discretion. Axos ONE Savings is a tiered variable rate account. Axos ONE Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.
Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.
The Axos ONE Checking account will earn a base rate of 0.00% APY. The Axos ONE Savings account will earn a base rate of 1.00% APY.
Axos ONE accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE Checking and Axos ONE Savings, the Axos ONE Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:
Option 1
Your Axos ONE Checking account has received qualifying direct deposits of at least $1,500 in total.
The average daily balance of your Axos ONE Checking account is at least $1,500.
Option 2
Your Axos ONE Checking account has received qualifying deposits of at least $5,000 in total.
The average daily balance of your Axos ONE Checking account is at least $5,000.
If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:
The Axos ONE Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.
The Axos ONE Savings account will earn a promotional rate of up to 4.31% APY for the statement cycle in which the requirements are met.
The Qualification Period is from the 1st of the month through the 25th of the month. The Qualification Period for new accounts will begin on the day the account is approved. Any qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period.
A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. Other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.) or person-to-person payments are not considered a direct deposit.
Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.
Both accounts must be in an open and active status on the date the interest is paid to receive the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account.
VIEW DETAILS on Axos ONE®'s website Annual Percentage Yield 4.31% as of 12/12/2025Monthly Fee$0.00Min to Earn APY$0.00FDIC InsuredDisclosureDisclosure
* The Annual Percentage Yield (APY) is accurate as of 12/01/2025. The base and promotional interest rate and corresponding APY for Axos ONE Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE Savings is variable and is set at our discretion. Axos ONE Savings is a tiered variable rate account. Axos ONE Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.
Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.
The Axos ONE Checking account will earn a base rate of 0.00% APY. The Axos ONE Savings account will earn a base rate of 1.00% APY.
Axos ONE accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE Checking and Axos ONE Savings, the Axos ONE Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:
Option 1
Your Axos ONE Checking account has received qualifying direct deposits of at least $1,500 in total.
The average daily balance of your Axos ONE Checking account is at least $1,500.
Option 2
Your Axos ONE Checking account has received qualifying deposits of at least $5,000 in total.
The average daily balance of your Axos ONE Checking account is at least $5,000.
If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:
The Axos ONE Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.
The Axos ONE Savings account will earn a promotional rate of up to 4.31% APY for the statement cycle in which the requirements are met.
The Qualification Period is from the 1st of the month through the 25th of the month. The Qualification Period for new accounts will begin on the day the account is approved. Any qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period.
A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. Other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.) or person-to-person payments are not considered a direct deposit.
Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.
Both accounts must be in an open and active status on the date the interest is paid to receive the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account.
VIEW DETAILS on Axos ONE®'s website Additional Features
Celebrating 25 years of putting people first. Axos Bank continues to deliver financial services that evolve with you.
Earn up to 4.31% APY on savings, and 0.51% APY on checking when you meet requirements.
Get your money up to 2 days early. You’ve earned it, so start earning on it.
Earn more, with no hidden hoops or restrictive caps.
We’ve got you covered. Access expanded FDIC Insurance for up to $250 million.
Access a network of over 95,000 fee-free ATMs.
Additional Features
Celebrating 25 years of putting people first. Axos Bank continues to deliver financial services that evolve with you.
Earn up to 4.31% APY on savings, and 0.51% APY on checking when you meet requirements.
Get your money up to 2 days early. You’ve earned it, so start earning on it.
Earn more, with no hidden hoops or restrictive caps.
We’ve got you covered. Access expanded FDIC Insurance for up to $250 million.
Access a network of over 95,000 fee-free ATMs.
New Customer Offer
Barclays : Tiered Savings AccountMember FDICDisclosureDisclosure1Bonus Qualifications and Timeline: For new bank customers only (existing Savings and CD accounts holders not eligible)
Open a new Tiered Savings account
Deposit $30,000 or more within 30 days
Maintain at least $30,000 for the next 120 days
After the $30,000 balance is maintained for 120 consecutive days, the $200 bonus will be added directly to the account in approximately 60 days
Offer available until 12/31/2025VIEW DETAILS on Barclays's website Bonus$200Monthly Fee$0.00Min Deposit to Earn APY$0.00Member FDICDisclosureDisclosure1Bonus Qualifications and Timeline: For new bank customers only (existing Savings and CD accounts holders not eligible)
Open a new Tiered Savings account
Deposit $30,000 or more within 30 days
Maintain at least $30,000 for the next 120 days
After the $30,000 balance is maintained for 120 consecutive days, the $200 bonus will be added directly to the account in approximately 60 days
Offer available until 12/31/2025VIEW DETAILS on Barclays's website Additional Features
$200 Bonus with qualifying activities. Terms Apply1
Plus, earn 4.00% APY with a minimum balance of $250,000
Earn 7X the national average
No monthly maintenance fees
Secure and easy online account access
Additional Features
$200 Bonus with qualifying activities. Terms Apply1
Plus, earn 4.00% APY with a minimum balance of $250,000
Earn 7X the national average
No monthly maintenance fees
Secure and easy online account access
Quontic : Savings AccountMember FDICVIEW DETAILS on Quontic's website Annual Percentage Yield 3.75% as of 12/12/2025Monthly Fee$0.00Min to Earn APY$100Member FDICVIEW DETAILS on Quontic's website Additional Features
Earn 3.75% APY with a Quontic High Yield Savings Account
Interest is compounded daily and credited to your account every month
Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
Open an account online in just 3 minutes
Additional Features
Earn 3.75% APY with a Quontic High Yield Savings Account
Interest is compounded daily and credited to your account every month
Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
Open an account online in just 3 minutes
DCU : Primary Savings AccountNCUA InsuredDisclosureDisclosure1APY = Annual Percentage Yield. Earn 5.00% APY on balances up to and including $1,000.00. Balances over $1,000.00 earn a range of 5.00% - 0.05% APY. Requires a $5.00 minimum balance to open the account and remain on deposit to maintain membership status. Rates are variable and may change after the account is opened at any time at DCU’s discretion. Fees may reduce earnings on the account. One Primary Savings account per person, additional memberships receive one savings account. Other conditions may apply. Please refer to DCU's Account Agreement for Consumers, and Schedule of Fees and Service Charges, for important information and disclosures. VIEW DETAILS on DCU's website Annual Percentage Yield 5.00%1as of 12/12/2025Min. Opening Deposit$5Min to Earn APY$0NCUA InsuredDisclosureDisclosure1APY = Annual Percentage Yield. Earn 5.00% APY on balances up to and including $1,000.00. Balances over $1,000.00 earn a range of 5.00% - 0.05% APY. Requires a $5.00 minimum balance to open the account and remain on deposit to maintain membership status. Rates are variable and may change after the account is opened at any time at DCU’s discretion. Fees may reduce earnings on the account. One Primary Savings account per person, additional memberships receive one savings account. Other conditions may apply. Please refer to DCU's Account Agreement for Consumers, and Schedule of Fees and Service Charges, for important information and disclosures. VIEW DETAILS on DCU's website Additional Features
Earn 5.00% APY on balances up to and including $1,000. Balances over $1,000 earn a range of 5.00% - 0.05% APY1
No monthly fee
$5 minimum to open
Membership required
Additional Features
Earn 5.00% APY on balances up to and including $1,000. Balances over $1,000 earn a range of 5.00% - 0.05% APY1
Bask Bank’s products are hyper-focused on high APYs. You’ll earn interest on all levels of banking, from checking to savings to certificates of deposit (CDs). If you want to ensure that you’re constantly making money from your deposit accounts, no matter which account you transfer it to, Bask Bank could be an enticing option.
Bask Bank can also be an incredible option for those who value American Airlines miles. It offers a savings account specifically designed to accrue AA miles based on your account balance.
Who shouldn’t use Bask Bank?
Bask Bank does not as of this writing have a full suite of banking products such as money market accounts, loans, mortgages, IRAs, etc., so it’s not the best choice if you’re looking for a financial institution that can meet many different banking needs.
N/A
Pros
No monthly account fees
Offers an American Airlines mileage program through a savings account
Competitive APY on deposit accounts
Cons
Some competitors offer higher checking account interest rates
Does not have other banking products such as loans, mortgages, or credit cards
No brick-and-mortar locations
Bank details checked Nov. 6, 2025.
Bask Bank rates and products
Bask Bank offers multiple online banking products: an interest-bearing checking account, a couple of high-yield savings accounts, and a modest selection of CD terms.
There are no monthly fees or minimum balance required with these accounts.
Account
Return rate
Checking account
1.00%
Savings account
4.05%
Mileage savings account
1.75 AA miles per dollar saved annually
CDs
4.10%
Checking account
Return rate
1.00%
Savings account
Return rate
4.05%
Mileage savings account
Return rate
1.75 AA miles per dollar saved annually
CDs
Return rate
4.10%
Bank details checked Nov. 6, 2025.
Checking account
Bask Bank offers a free checking account with no minimum opening deposit and no minimum balance enforced. It earns a respectable 1.00% APY, which is leagues above the national average of 0.07% for interest-bearing checking accounts.
It’s worth noting that, while there are no minimum balance requirements, you must fund your account within 15 days to avoid Bask Bank closing your account.
Customers who open a Bask Interest Checking account between Nov. 1, 2025 and Jan. 31, 2026 may be able to earn up to a $300 cash bonus and get a 3.00% APY boost. Terms apply, qualifying activities required.
Bask Bank checking account features
Minimum opening deposit
$0
Monthly fees
$0
APY
1.00%
Online domestic wire transfer
$20
Online international wire transfer
$35
Bank details checked Nov. 6, 2025.
SponsoredAdvertiser DisclosureAdvertiser DisclosureMany of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield). Rates / Annual Percentage Yield terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts, some of which have paid for a link to their website. Bank, thrift and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.Compare Personal Finance Options for 2021 Select all products of interest and compare:Product DescriptionsProduct DescriptionsChecking A transactional account that allows for numerous withdrawals and unlimited deposits. Money can be accessed via checks, ATMs, or debit card among other methods. Savings A bank account that keeps your money safe and secure, while paying you interest. MMA A Money Market Account is an interest-bearing deposit account at a bank or credit union that pays interest based on current rates in the money markets. CD A Certificate of Deposit features historically higher APYs, guaranteed returns & FDIC insurance. CDs are offered in fixed terms w/penalties for early withdrawals. 401K A 401k is a retirement-savings account that allows an employee to divert a portion of their salary into long-term investments and provides special tax benefits. Brokerage An investment account used by investors to buy and sell stocks, bonds, and mutual funds. Income from investments are taxed as capital gains. REIT A Real Estate Investment Trust owns and operates income-generating real estate. REITs allow investment in real estate without the need to own, operate, or finance properties. Robo Advisor A robo-advisor is an automated investing service that uses algorithms to provide financial advice and/or investment management help you manage your investment portfolio. Relatively inexpensive compared to a human financial advisor. Roth IRA An individual retirement account allows after-tax contributions of earned income below a certain level. Investment growth and future withdrawals are tax free. Traditional IRA An individual retirement account where you contribute pre-or after-tax dollars. Investment growth is tax-deferred until withdrawal. Financial Advisor Financial advisors help people manage their money and reach their financial goals. Annuity A financial contract with an insurance company where you make the investor makes a lump-sum payment or series of payments in exchange for regular disbursements in the future. Cash Management A cash account typically offered by nonbank financial institutions. CMAs combine features from traditional checking and savings accounts. Business Checking A business checking account is similar to a personal checking account, but allows you to separate your business and personal expenses. This can help you keep records organized and simplify your taxes. Checking AccountsSavings AccountsCertificates of DepositRetirement AccountsReal Estate InvestmentInvestment AccountsAnnuityVIEW AllBusiness CheckingVIEW LESSPlease select one or more products to compare1 ResultsProduct DescriptionsTop Pick
SoFi® : Checking and Savings AccountMember FDICDisclosureDisclosure1. Up to $300 Bonus Tiered: New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not receiveda cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.60% annual percentage yield (APY) on savings balances (including Vaults)and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.60% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time.These rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. 2. APY: Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 1/24/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at http://www.sofi.com/legal/banking-rate-sheet.
3. Fee Policy: We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/. 4. FDIC Insurance: SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks. 5. ATM Access: We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time. 6. Early Access to Direct Deposit Funds: Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduledpayment date, but may vary. 7. Overdraft Coverage: Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at http://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website. 8. 0.70% Savings APY Boost: Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25)for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2 SoFi Bank, N.A. Member FDIC.VIEW DETAILS on SoFi®'s website Annual Percentage Yield 0.50% as of 12/12/2025Monthly Fees$0.00Min Deposit to Earn APY$0.00Member FDICDisclosureDisclosure1. Up to $300 Bonus Tiered: New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not receiveda cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.60% annual percentage yield (APY) on savings balances (including Vaults)and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.60% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time.These rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet. 2. APY: Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 1/24/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at http://www.sofi.com/legal/banking-rate-sheet.
3. Fee Policy: We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/. 4. FDIC Insurance: SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks. 5. ATM Access: We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time. 6. Early Access to Direct Deposit Funds: Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduledpayment date, but may vary. 7. Overdraft Coverage: Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at http://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website. 8. 0.70% Savings APY Boost: Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25)for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/banking#2 SoFi Bank, N.A. Member FDIC.VIEW DETAILS on SoFi®'s website Additional Features
Sign up and earn $50 or $300 with eligible direct deposit.
55,000+ fee-free ATMs within the Allpoint® Network.
Up to 2-day-early paycheck with direct deposit.
Earn 0.50% APY.
+0.70% Boost on Savings APY to up to 4.30% for up to 6 months on new accounts with eligible Direct Deposit. Terms apply.
Additional Features
Sign up and earn $50 or $300 with eligible direct deposit.
55,000+ fee-free ATMs within the Allpoint® Network.
Up to 2-day-early paycheck with direct deposit.
Earn 0.50% APY.
+0.70% Boost on Savings APY to up to 4.30% for up to 6 months on new accounts with eligible Direct Deposit. Terms apply.
Bask Bank has two savings accounts: an interest-earning free savings account and one that earns American Airlines miles. There are no monthly fees or minimum balance required with either account.
Bask Bank savings account features
Minimum opening deposit
$0
Monthly fees
$0
APY
3.90%
Bank details checked Nov. 6, 2025.
High-yield Savings Account
Bask Bank has one savings account that earns 3.90% APY, which is among the best rates on the market. There are no tiered earning rates and no monthly fees, making it great for someone who can’t be bothered jumping through monthly hoops.
Mileage Savings Account
For every dollar you save annually with a Bask Bank Mileage Savings account, you can earn 1.75 American Airlines miles. For example, if you’ve kept an average of $40,000 in your savings account, you’d receive 70,000 American Airlines miles.
Depending on how you use your miles, 70,000 American Airlines miles could be a considerably better deal than the cash you’d earn by keeping your savings in a high-yield interest-bearing account. For example, you might be able to book a one-way business class flight to Europe for 70,000 miles, as of this writing—while the same flight might cost around $2,500 if purchased without the rewards.
Bask Bank Mileage Savings account features
Welcome bonus
Earn 10,000 American Airlines miles when you: – Open an account by Nov. 30, 2025 – Fund your account within 15 business days from account opening – Maintain a minimum $75,000 daily account balance for 180 days of the first 210 days following account opening
Minimum opening deposit
$0
Monthly fees
$0
Return rate
1.75 miles per dollar
Rewards and offers
First-time customers who meet eligibility requirements and offer terms can earn 10,000 bonus miles after opening a new account by Nov. 30, 2025 and maintaining a minimum daily balance of $75,000 for 180 consecutive days.
Bank details checked Nov. 6, 2025.
CDs
Bask Bank CDs come in six term lengths, from three months to two years. The interest rates are highly competitive, with APYs ranging from 3.65% to 4.00%. Again, you’ll only find standard CDs with Bask Bank; if you’re after a no-penalty, bump-up, or IRA CD, you’ll need to look elsewhere.
You must deposit at least $1,000 into the CD within the first 10 business days of opening the account, or it will close automatically.
Bask Bank CD features
Minimum opening deposit
$1,000
Available term lengths
3–24 months
Top APY
4.00%
Early withdrawal penalty
– Terms less than 91 days: 30 days interest on the principle amount withdrawn – Terms between 91 days and 1 year: 90 days interest on the principle amount withdrawn – Terms greater than 1 year: 180 days interest on the principle amount withdrawn
Bank details checked Nov. 6, 2025.
Bask Bank CD rates
Term length
APY
3 months
4.00%
6 months
3.95%
9 months
3.95%
12 months
3.85%
18 months
3.75%
24 months
3.65%
3 months
APY
4.00%
6 months
APY
3.95%
9 months
APY
3.95%
12 months
APY
3.85%
18 months
APY
3.75%
24 months
APY
3.65%
Bank details checked Nov. 6, 2025.
ADVERTISEMENTAdvertiser DisclosurePrivacy policyPowered by
Best CD Rates for December 12, 2025
ZIP Code Deposit Amount $Min. Term Length 6 months
1 months
6 months
1 year
18 months
2 years
3 years
Max. Term Length 3 years
6 months
1 year
18 months
2 years
3 years
4 years
5 years
6 years
FEATURED OFFERSAPYTERMMIN. DEPOSITEST. EARNINGSLoading...
4.25 %
December 12, 2025
2yr$ 1000$ 1063
Over 1 Year
2 years cd AccountUnited Fidelity BankMember FDIC
QUICK LOOK
4.20 %
December 9, 2025
6mo$ 1000$ 1050
Over 1 Year
6 Mo CD cd AccountLimelightBankMember FDICOFFER DETAILS
QUICK LOOK Limelight Bank is the online division of Capital Community Bank. It offers competitive yields on CDs, but it doesn’t offer any other types of bank accounts.
READ BANK REVIEW
4.15 %
December 12, 2025
18mo$ 1000$ 1038
Over 1 Year
18 months cd AccountUnited Fidelity BankMember FDIC
QUICK LOOK
1
2
3
4
5
...
164
Other services Bask Bank offers
Bask Bank currently does not offer any other banking service aside from its checking account, two savings accounts, and CDs.
Online banking
Bask Bank offers a robust online banking experience, allowing you to choose which accounts appear on your home page, secure message representatives, access account statements, set up recurring and scheduled transfers, and more.
The Bask Bank platform and customer support
Bask Bank is a digital-only bank, which means customers must bank via Bask’s website or mobile app. The app is free and has a 4.7-star rating on the Apple App Store and a 4.5-star rating on Google Play across thousands of reviews.
Customers can reach a Bask Bank representative by phone at 833-260-4320 from Monday to Friday between 7 a.m. and 7 p.m. and on Saturday between 9 a.m. and 4 p.m. Central Time. Bask Bank also offers an online request form and a secure messaging feature for existing members.
Is Bask Bank secure?
As you’d expect, Bask Bank takes measures to protect your sensitive information, including a host of notifications and alerts, two-factor authentication, account monitoring, online privacy protection, and more.
Bask Bank is also FDIC-insured, meaning you’re covered up to $250,000 per depositor per ownership category in the event that the bank fails.
Bask Bank user reviews
Online reviews of financial institutions tend to be negative, as angry customers are typically more vocal than those who have had a seamless experience. With that in mind, Bask bank reviews are surprisingly reasonable. It scores a 2.4 rating on Trustpilot, which is actually notably better than many competitors.
Gripes include programming issues and a glitchy website, while others praise the bank’s competitive savings rates and simple account setup.
Users on forums like Reddit also remark about smooth money transfers and high APYs but a clunky app and occasional technical issues.
Compare Bask Bank to alternatives
Consider Alliant Credit Union or Quontic Bank if you’re seeking high yields but don’t feel Bask Bank is quite a fit for your needs.
Bask Bank
Alliant Credit Union
Quontic Bank
Top savings APY
Top savings APY
Top savings APY
3.95%
3.10%
3.75%
Top checking APY
Top checking APY
Top checking APY
1.00%
0.25%
1.10%
Top CD APY
Top CD APY
Top CD APY
4.00%
4.10%
3.85%
Learn more
Learn more
Learn more
View offer at MoneyLion
View offer at MoneyLion
View offer at Quontic
Bank details checked Nov. 6, 2025.
Is Bask Bank right for you?
If you’re simply looking to park some cash into a no-fee savings account or CD with one of the highest rates in the market, then Bask Bank is a good option. It may also be a fair option for those interested in collecting American Airlines miles instead of cash.
The bank offers a no-frills checking account, as well—but that’s about it. There are no other lending or credit products, so if you need a full suite of options, another financial institution would be better for you.
Frequently asked questions
Is Bask Bank a legitimate bank?
Yes, Bask Bank is a division of Texas Capital Bank, a federally regulated financial institution based in Dallas. Bask Bank is also federally insured by the FDIC, so your deposits are covered for up to $250,000 per depositor and account in the event of failure.
Is Bask Bank FDIC-insured?
Yes, Bask Bank is FDIC-insured up to $250,000 per account holder per ownership category.
Does Bask Bank charge monthly fees?
Bask Bank doesn’t charge monthly maintenance fees, making it a great option for anyone looking for a free checking or savings account.
What is the minimum deposit required to open a Bask Bank account?
There is no minimum deposit required to open a Bask Bank checking or savings account—but you must deposit at least $1,000 to open a CD.
Join us at the Fortune Workplace Innovation SummitMay 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.Bask Bank review 2025: Earn cash or travel rewards for your savings
