Bask Bank Savings Rates at 4.25% APY: Online Bank ReviewBask Bank is a relatively new online bank that offers two different online savings accounts. The Bank Interest Savings Account currently has a 4.25% annual percentage yield (APY). The second Bask Bank savings account is a unique savings account called the Bask Milage Savings Account. This savings account at Bask Bank allows customers to earn American Airlines AAdvantage miles instead of interest on their savings. Bask Bank offers a competitive savings rate compared to other banks on the bank's traditional Interest Savings Account. In fact, the savings rate of 4.25% APY is more than 10 times the national average savings rate. Bask Bank Current Interest Savings Account Rate:
Open a Bask Bank Savings Account Bank Bank's other savings account allows you to earn American Airlines AAdvantage miles instead of interest. The number of miles you earn depends on your account balance and the length of time your account has been open. For example, if you have an account balance of $50,000 in your account has been open for twelve months, you will earn 144.000 AAdvantage miles. Bask Bank offers a calculator on its website that allows you to see how many miles you can earn based on your account balance and length of time your account has been open. Bask Milage Savings Account Features:As mentioned above, you earn American Airlines AAdvantage miles instead of interest on your savings. This can be beneficial for frequent travelers or those who want to save up for a dream vacation. Second, the account has no monthly maintenance fees, which means you can save money without worrying about extra fees. Third, you can access your account online 24/7, which makes it easy to manage your savings on the go. Finally, the account is FDIC insured, which means your money is safe and secure. Bask Milage Savings Account BonusRight now, you can earn an extra 1,000 AAdvantage miles when opening an account with a minimum of $5,000. As with any bonus offer, you have to qualify to earn the extra 1,000 miles.
The AAdvantage bonus miles are awarded within 10 business days upon meeting offer qualifications and may take 6 to 8 weeks to post to your AAdvantage account. In conclusion, the Bask Mileage Savings Account is a unique savings account that offers customers the opportunity to earn American Airlines AAdvantage miles instead of interest on their savings. The account has several features that make it convenient and easy to use, such as online access and no monthly maintenance fees. The Interest Savings Account has one of the best savings rates around right now at 4.25% APY. Whichever savings account you decide is best, you can open either account at https://www.baskbank.com |
