Bask Bank is an online bank that offers a high interest rate on a whole suite of deposit products. They are the online division of Texas Capital Bank, FDIC insured #34383, which means they are available nationwide despite Texas Capital bank only having ten branches (all in Texas).

Our review of Bask Bank can give you a better understanding of what they offer.

Bask Bank also has a new account bonus associated with their Bask Interest Checking account and it does NOT require a direct deposit.

How to get $200 from Bask Bank

The terms of the promotion are fairly simple and do not require a direct deposit.

First, open a new Bask Interest Checking Account before 11/29/2024.

If you want to earn an additional 2.00% APY on top of the base 1.00% APY rate, you will need to (this is not required to get the $200):

• complete $2,500 monthly automated deposits through the reward period, and,
• maintain an average monthly balance of $5,000 through the reward period

The reward period is September 1, 2024 through January 31, 2025. These are the full terms on the rate bonus.

To get the $200, you need to use the bill center. You need to conduct two electronic Bill Center transactions of a combined minimum total of $50 each month through March 31, 2025. Each month you do this, you’ll get $50. These are the full terms of the $200 bonus.

As you can see, the $200 cash bonus does not require a direct deposit. The Bask Interest Checking Account does not have a minimum balance requirement, making this a very appealing offer.

Go to Bask Bank

How Does This Bonus Compare?

It’s a bonus that does not require a direct deposit, which makes it automatically appealing because you don’t need to contact your employer or Social Security to move your direct deposit.

The bonus itself is modest, $50 each month for four months, but it just requires you to find two bills (that add up to $50+) you can pay. Seems like a straightforward offer.