About Bask Bank
Bask Bank is the online banking division of Texas Capital Bank. Texas Capital Bank was founded in 1998, and a year later, in 1999, Bask Bank was established to offer a digital banking experience to customers nationwide.
Featured Offers
Bask Bank Overview
Bask Bank is an online-only bank that offers a wide range of CDs with varying terms. All of its CDs offer competitive APYs and relatively low minimum opening deposits. The bank also offers a high-yield savings account and an American Airlines reward points savings account.
| No monthly service charges on any account. | Online-only bank. |
| Wide range of CDs with varying terms and above-average APYs. | No checking or money market accounts offered. |
| Highly competitive APY on its high-yield savings account. | No debit card available. |
| Account deposit/withdrawals must be made via ACH to an externally-linked account. |
Bask Bank Product Offerings
CDs
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period, known as a term. Bask Bank offers CDs with terms varying from six months up to two years. All four CDs offer highly competitive yields and require a minimum opening deposit of only $1,000. Here are some of their best CD offerings for the month! and 2025:
Savings Accounts
A savings account is a type of bank account that allows you to save your money while earning interest. Bask Bank offers a high-yield savings account and an American Airlines rewards savings account. Here are the latest savings account details for April 2025:
Bank Fees
Monthly service charge: None
Early withdrawal penalty fee: 90 or 180 days of interest depending on the term
Paper statement fee: None
Non-network ATM fee: N.A
Wire transfer fee: Domestic - Incoming is $20 and outgoing is $35; International - Incoming is $35 and outgoing is $50
Bask Bank Features
Bask Bank's customer service is available via phone on weekdays from 7 a.m. to 7 p.m. CST and on Saturdays from 9 a.m. to 4 p.m. CST. The bank also offers its mobile app, which allows customers to view their account details and make transfer transactions to deposit and withdraw funds.
Bask Bank FAQs
Our Take
Bask Bank is the online-only banking division of Dallas-based Texas Capital Bank. The bank offers a variety of CDs, all of which offer highly competitive APYs. The bank also offers a very attractive high-yield savings account with no monthly service charge, no minimum opening deposit, and an above-average APY. It also offers a rewards savings account where customers can earn American Airlines AAdvantage miles. As with other online banks, Bask Bank may be a good option for those who do not mind dealing with an online-only bank and don't need immediate access to their money. The goal of the bank is to limit transactions to help customers grow their savings.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.