You don’t need any money to open a Bask Bank savings account, although you should deposit at least $1 to prevent your account from being closed due to inactivity. You need at least $1,000 to open a CD at Bask Bank.
Yes, Bask Bank has some of the highest savings rates. Coupled with the fact that it has no monthly fees or overdraft fees, it’s a great way to grow money you don’t need immediately.