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Reviews (US)

Bask Bank Interest Savings account review

Are you looking for an account to earn interest and save money? Read our Bask Bank Interest account review and learn more!

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by Victória Lourenço

Published on 04/21/2022

Bask Bank Interest Savings account: earn very high interest

Learn about this account in our Bask Bank Interest account review! Source: Bask Bank
Learn about this account in our Bask Bank Interest account review! Source: Bask Bank

If like most people, you’re always looking for ways to save money. Well, one great way to do that is by opening a bank interest savings account. These accounts offer some of the best interest rates, which can add up over time. But with so many different options available, it can be tough to know which one is right for you. That’s where this blog post comes in. Keep reading our Bask Bank Interest account review to learn more!

Intro Balance Transfer APRNo intro balance transfer APR.
Regular Balance Transfer APRN/A.
Balance Transfer FeeNo balance transfer fees.
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How to open a Bask Bank Interest account?

If you want to earn a 0.80% APY interest and pay zero monthly fees, read our post about the Bask Bank Interest account opening!

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How to open a Bask Bank Interest account?

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How does the Bask Bank Interest Savings account work?

You can earn interest while saving money! Source: Unsplash
You can earn interest while saving money! Source: Unsplash

With the Bask Bank savings account, you can earn interest with no minimum balance requirements. Also, you can earn 0.80% APY, and there are no monthly fees! Plus, you can use your account to earn interest and open another account with Bask Bank. You can open a Bask Bank mileage account and earn both miles and interest!

In addition, you can use this account to save money and earn interest while doing it. Also, you don’t need a minimum balance to open your account. However, you need to deposit on your account within at least 60 days from your account opening. With this, you will avoid problems related to your account closing.

Bask Bank Interest Savings account benefits

This Bask Bank account offers one of the best interest-earning rates compared to other similar accounts in the market. Also, you can earn a 0.80% APY, which can change at any time. Moreover, there are no monthly or account management fees. And you can be sure that your money is safe since the account is FDIC insured.

However, as with many other accounts, this Bask Bank account also has some downsides. For example, there is a high wire transfer fee of $35. So, check out our list below of the pros and cons of this savings account!

Pros

  • You can earn an APY of 0.80%.
  • There are no monthly or account management fees.

Cons

  • There is a wire transfer fee of $35.
  • The APY can change at any time.

How good does your credit score need to be?

Since it is a savings account, you don’t have to worry too much about your credit score. However, the bank informs on its official website that there will be an inquiry during the application process. But you don’t have to worry about a credit check that will impact your score.

How to apply for a Bask Bank Interest Savings account?

You can easily start your application process to open your Bask Bank savings account. All you need is a computer and internet access. Therefore, you can read our post below to know all about how to open your Bask Bank interest savings account!

Bask Bank logo

How to open a Bask Bank Interest account?

If you want to earn a 0.80% APY interest and pay zero monthly fees, read our post about the Bask Bank Interest account opening!

Keep Reading
card

How to open a Bask Bank Interest account?

You will remain in the same website

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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