Bask Bank has added two separate bonuses for their Interest Checking account:
- Up to $200 total bonus for qualifying Bill Pay activities. Must have a new or existing Bask Interest Checking Account by November 29, 2024. Conduct two (2) electronic Bill Center transactions of a combined minimum total of $50, posting each month through 3/31/25. If you do that, the next month you’ll get $50. Total bonus limited to $200. Fine print.
- Additional 2% APY through 1/31/25 if you open a new account by 12/31/24 and complete qualifying automated deposits (ACH transfers explicitly qualify) and maintain an average monthly balance of $5,000 through the reward period. This is on top of their normal APY, currently 1.00% APY. Fine print.
Interest Checking has no monthly fees and no minimum balance. You could also pair with the Bask Bank Interest Savings account, currently paying a competitive 5.10% APY. This is not a fintech; Texas Capital Bank is the underlying bank, previously also behind the old BankDirect brand. Hat tip to Doctor of Credit.
I’ll probably be going for the $200 Bill Pay bonus only, as it seems straightforward enough. These are decent bonuses from a reputable bank that I’ve dealt with for over years. I already have an open Mileage Savings Account with $20 or so in it so that I can earn a few American Airlines miles each month as “interest” and keep my AA miles active. (The payout isn’t as great as it once was, so I don’t keep anything sizable in there anymore, but maybe they’ll hike it back up someday.)
