The certificates of deposit with the most generous annual percentage yields (APY) are typically issued by online banks. With lower overhead costs, they can forward more savings to the customer.
Exhibit A: Bask Bank is a fully digital bank that offers CDs earning up to 4.25% APY as of this writing. Bask does have some limitations, such as comparatively fewer term lengths and specialty CD options to choose from, but for those seeking a simple standard CD with a whole lot of earning potential, Bask Bank fits the profile.
Here’s what you need to know about Bask Bank CD rates.
Rates are current as of Sept. 2, 2025 and are subject to change.
Bask Bank CD rates and products
Bask Bank keeps its CD offerings basic, ignoring the specialty CDs like business, flex, and IRA CDs in favor of generous standard CDs.
Standard CDs
Bask Bank Standard CDs come in a total of six term lengths, offering between 3.90% and 4.25% APY as of this writing. With a minimum three-month term and a maximum 24-month term, it’s a great spot to build a lucrative rolling two-year CD ladder—so long as you can handle the minimum $1,000 deposit required to open each account.
As you’d expect, Bask Bank charges an early withdrawal penalty when accessing your money before your CD matures. Depending on your term length, you’ll pay between 30 and 180 days’ interest based on the principal you withdraw.
Bask Bank standard CD rates
| Term length | APY |
|---|---|
| 3 months | 4.25% |
| 6 months | 4.25% |
| 9 months | 4.25% |
| 12 months | 4.20% |
| 18 months | 4.00% |
| 24 months | 3.90% |
| 3 months | |
|---|---|
| APY | 4.25% |
| 6 months | |
| APY | 4.25% |
| 9 months | |
| APY | 4.25% |
| 12 months | |
| APY | 4.20% |
| 18 months | |
| APY | 4.00% |
| 24 months | |
| APY | 3.90% |
Bank details checked Sept. 2, 2025.
Compare Bask Bank to competitors
Bask Bank holds its own against many other banks—some of which are household names—when it comes to CDs. Here’s a quick look.
 Bask Bank |  Discover |  Northern Bank Direct |
|---|---|---|
| 3 months | 3 months | 3 months |
| 4.25% | 2.00% | N/A |
| 6 months | 6 months | 6 months |
| 4.25% | 3.50% | 4.25% |
| 9 months | 9 months | 9 months |
| 4.25% | 3.50% | 4.00% |
| 12 months | 12 months | 12 months |
| 4.20% | 4.00% | 3.50% |
| 18 months | 18 months | 18 months |
| 4.00% | 3.80% | 3.50% |
| 24 months | 24 months | 24 months |
| 3.90% | 3.60% | 3.50% |
| Learn more | Learn more | Learn more |
| View offer at MoneyLion | View offer at MoneyLion | View offer at Northern Bank Direct |
Bank details checked Sept. 2, 2025
Learn more about Bask Bank
Bask Bank began in 1999 as the first fully online U.S. savings bank, according to the company’s website. It has since added checking and CD options. Bask Bank is relatively well known for its Mileage Savings account, which awards 2 American Airlines miles per $1 saved annually with this account.
Frequently asked questions
What are the early withdrawal penalties for Bask Bank CDs?
Depending on your Bask Bank CD term length, you’ll pay between 30 and 180 days’ interest on the principal amount you withdraw. If you haven’t accrued enough interest to satisfy the penalty, Bask Bank will take part of your principal.
Does Bask Bank offer IRA CDs?
Bask Bank does not offer IRA CDs.
What is the minimum deposit required for Bask Bank CDs?
The minimum deposit required for Bask Bank CDs is $1,000 .
Can you add money to a Bask Bank CD after opening?
No. You can only add money upon account opening and during your 10-day grace period after your account matures.
Are Bask Bank CDs FDIC insured?
Yes, Bask Bank CDs are insured by the FDIC up to $250,000 per depositor per ownership category.
How are Bask Bank and Texas Capital Bank connected?
Bask is a division of Texas Capital Bank that offers online-only accounts.
While Bask Bank covers the basics, it’s not a full-service bank with products like money market accounts, credit cards, personal loans, etc. Add in the fact that it has no physical branches, and it’s easy to see why the bank won’t necessarily be a glass slipper for everyone.