Bask Bank, a division of Texas Capital Bank

Bask raised its interest savings account rate from 0.70% to 0.80% APY.

This is the point where long-time account holders of Bask's AAdvantage program may want to start to seriously thinking about switching over the cash interest.

Bask has raised its online savings rate to 2.02% APY.   As of this moment, this is the highest nationally available online savings rate.

Bask has raised its online savings rate again.

Bask has raised its online savings rate by 33 BPS on September 12, 2022.

Bask Bank has raised its online savings rate from 2.53% to 2.75% in the aftermath of the Fed's move to raise the Fed Funds over 3%.

The bank has raised its online savings rate from 2.75% to 3.05% APY this morning.

Bask has raised its online rate to 3.60%.   Its 6-month CD is at 4.00% and its 12-month CD is at 4.10%.

Bask Bank has raised its online savings rate from 3.60% to 3.85% APY today.

Bask Bank has raised its online savings rate to 4.03% APY this morning.   It had previously been at 3.85%.

Bask Bank's rate had previously stood at 4.15% APY.

Bask Bank also raised its 6-month and 12-month CD rate to 4.45% and 4.55%, respectively.

Bask Bank has raised its online savings rate by 10 basis points today.

Bask raised its interest savings rate today by 10 basis points to 4.45% APY.

It also raised its 6-month and 12-month CD rates to 4.85% APY and 4.70% APY, respectively. 

Bask has raised its online savings rate by 20 basis points today.

Bask has raised its interest savings account to 4.75% APY.

Even for those valuing American Airlines miles highly, this rate is more superior to earning 2 AA miles per dollar per year in its mileage savings account.

Bask Bank has raised its interest savings rate from 4.85% to 5.00% APY.

Bask's mileage savings program now offers 2.50 AA miles per year per dollar on deposit, and offers a 20,000 point bonus for $50,000 on deposit for more than 180 days.

Bask continues to be a rate leader on the savings side and now offers an online rate slightly above many other well-known online banks.

Bask Bank has lowered its CD rates slightly.   Its 12-month rate now stands at 5.25% APY and its 6-month rate now stands at 5.30% APY.   

These rates are still very attractive compared to Treasurys, especially for those residing in states without state income tax.

Bask Bank has slashed its CD rates.

Its 18-month and 2-year CDs had been market leading until today.   The 18-month was lowered from 4.90% to 4.75% APY.   The 2-year fell from 4.75% to 4.50% APY.   All other terms were lowered as well.

Bask Bank entered the market several years ago by offering savings accounts that pay interest in the form of American Airlines miles.  While Bask's mileage savings account has not be interesting for some time, it sure seems we might be going back to an interest rate environment were it becomes worthy of consideration.