Bask Interest Savings

Bask Interest Savings suits savers who want a variable-rate savings account from a Member FDIC bank and are willing to open a checking account for a temporary boost. The honest verdict: the 3.90% base rate is the figure that applies to a typical account, while the 4.30% headline requires a new savings and checking pair and lasts up to six statement periods. As of October 14, 2026, Bask's page shows 3.90% APY (a 3.82% interest rate), variable, with no minimum balance requirement and no monthly account fees. The current new-customer offer adds a 0.40% boost, for 4.30% APY, for up to six consecutive statement periods. It applies to new Bask customers who open both an Interest Savings and an Interest Checking account between October 1 and December 31, 2026, and not to anyone who had either account in the prior 12 months. The earlier 0.10% new-customer boost (accounts opened May 1 to August 31, 2026) and the 0.25% direct-deposit boost are closed to new customers. Bask Bank is a division of Texas Capital Bank, Member FDIC, and deposits with Bask Bank and Texas Capital Bank are combined and insured to at least $250,000 per depositor per ownership category. A sister Mileage Savings account earns American Airlines AAdvantage miles instead of interest. The catches: the boost is temporary and has an account-opening deadline of December 31, 2026, it needs a new savings and checking pair, and the base rate is variable, so it can change. Bask also advertises up to $300 in cash bonuses on the checking account; see Bask's promotional offers terms for the conditions. Bask may close an unfunded account after 15 business days.