The Post New
Reviews Credit Cards US Loans Finances
pesquisar
Search →
Reviews →
Credit Cards →
US →
Loans →
Finances →

Advertiser Disclosure

We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Account (US)

Bask Bank Interest Savings account review: zero fees!

Read this Bask Bank Interest Savings account review and learn how this account offers competitive interest rates.

Advertisement

by Danilo Pereira

Published on 12/23/2022

Understanding Bask Bank Interest Savings account: A convenient high-yield online savings

Bask Bank Interest Savings account
Find out the advantages of having a Bask Bank account. Source: The Post New.

How about earning a high interest rate on your money and not paying fees? This is what Bask Bank offers you through their savings account. Here is our Bask Bank Interest Savings account review.

Bask Bank Interest Savings account

How to open a Bask Bank Interest Savings account

In this Bask Bank Interest Savings account application guide you will learn how to use this tool to find just the right loan for your needs.

Keep Reading
card

How to open a Bask Bank Interest Savings account

You will remain in the same website

  • Fees: $0
  • APY: 4.04%
  • Benefits: N/A
  • Investment Options: N/A

When it comes to savings accounts, Bask Bank offers one of the highest interest rates in the market.

The account has no minimum balance requirements, and you will not have to pay monthly service fees. Read on and find out. 

You will be redirected to another website

What are you looking for today?

Search →

Top Searches

Bask Bank Interest Savings account: understand how it works

Bask Bank is an online-only bank. It is a division of Texas Capital Bank, which is based in Dallas. The Bask Bank Interest Savings account offers a competitive savings rate and no fees.

The only instance when you may have to pay a fee is by using wire transfers. The account comes with a convenient mobile app with an above-average rating. 

It is an excellent account for savers who are looking for a solid rate. However, this bank does not offer a checking account and no access to ATMs. It also does not offer access to branches. 

So, to open a Bask Bank Interest Savings account, you must already have a bank account elsewhere from which you can then fund your savings account.

Bask Bank has significantly improved its interest rates since June 2022. Back then, their savings account yielded 0.8% APY.

The Bask Bank Interest Savings account now has no minimum balance requirements and yields an above-average 4.03% APY. 

This means if you keep $10,000 in your account for a year, you will make $403 in interest. Also, Bask Bank deposits are FDIC-insured up to $250,000.

Bask Bank is a very solid institution that has not been involved in any recent public settlements. Plus, the bank offers extended phone support after 5 o’clock in the afternoon.

These hours are valid for weekdays. However, the bank also offers phone support during some hours on Saturdays. 

You will be redirected to another website

By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.

Significant benefits and disadvantages you may find

Bask Bank Interest Savings account
This account will give you high earning rates and no monthly fees. Source: Canva.

Now that you are familiar with this account’s details let’s have a look at its pros and cons for comparison. Our Bask Bank Interest Savings account review would not be complete without it.

Check out the list of benefits and disadvantages we have prepared for you below.

Advertisement

deal

deal

deal

deal

deal

deal

You will be redirected to another website

Benefits

  • Competitive 4.03% APY
  • No monthly fees
  • No minimum balance requirements
  • Extended phone support

Disadvantages

  • It does not offer a checking account
  • It does not offer an ATM network
  • No branches
  • Does not accept cash

Is a good credit score required from applicants?

Bask Bank does not perform credit checks on applicants for its Bask Bank Interest Savings account.

Therefore, you do not need to worry about having a good credit score to get this account.

Learn how to apply and open a Bask Bank Interest Savings account

Do you like what you have seen in this Bask Bank Interest Savings account review? If so, learn how to apply for this account through our application guide by clicking the link below.

Bask Bank Interest Savings account

How to open a Bask Bank Interest Savings account

In this Bask Bank Interest Savings account application guide you will learn how to use this tool to find just the right loan for your needs.

Keep Reading
card

How to open a Bask Bank Interest Savings account

You will remain in the same website

About the author  /  Danilo Pereira

Danilo is a copywriter with a passion for learning. Deeply interested in philosophy, politics and arts.

Trending Topics

content

African Bank Personal Loan application

The application process for the African Bank Personal Loan is quick, easy, and can get you the funds you need when you need them.

Keep Reading
content

Citi® Secured Mastercard® Credit Card application

The Citi® Secured Mastercard® Card is a great option for people looking to build or rebuild their credit history. See how to apply!

Keep Reading
content

Which debt should you pay off first?

If you are trying to figure out which debt to pay off first, we are going to give you some tips on how to go about doing this.

Keep Reading

You may also like

content

Bank of America® Travel Rewards for Students card application

In this Bank of America® Travel Rewards for Students card application guide, you will learn how to get this card easily.

Keep Reading
content

WeFixMoney Loans review

Check out our WeFixMoney Loans review to learn how you can get one day funding for your personal loan with the best lenders in the market!

Keep Reading
content

Rocket Loans application

Learn everything you need to know about the Rocket Loans application process. We’ll make it easy for you to get the loan you need!

Keep Reading
card

You will be redirected to another website

We won't ask you to pay in order for us to release any products, including credit cards or loans. If this happens, please contact us immediately! Keep in mind that any info you see here may diverge slightly from the service provider's websites. Especially regarding providers with which we have no affiliation whatsoever: we can't guarantee the precision of information available on our site, even though we strive to keep it updated as much as possible! We believe that reading terms and conditions is a necessary step before making any purchase. Our website displays ads from third parties, which may earn us some money when you click on one of these banner advertisements or links in the email we send out after subscribing to our newsletter.