3 ways to make your money work harder during uncertain times BaskBank ad
The current rising interest rate environment can give your savings a boost.In a year when economic headlines are dominated by egg-price memes and mass layoffs at tech giants once thought to be invincible, it can be hard for the average consumer to know how to handle their money.With inflation in the USBask Bank
For example, Bask Bank — an FDIC-insured institution backed by Texas Capital Bank* — offers three account types with unique returns that outperform the national average. The Bask Interest Savings Account and its CD accounts earn competitive Annual Percentage Yields, or APYs, that allow customers to maximize their cash earnings.
"If you only have $20 to start with, you're still going to earn 4.45% APY, meaning it will grow faster than $20 kept elsewhere," Gray said. In other words, even if interest rates drop over the next year, putting money in a CD locks in the current rate at the time of deposit, so your investment will continue to grow at that rate. Bask Bank offers CDs in term lengths of 6, 12, 18, and 24 months with APYs of up to 4.70% ***.
This innovative savings account offers travelers a more effective avenue for racking up miles, than merely buying them directly from the airline. To give an example, if an account holder places $100,000 in a Bask Mileage Savings Account for one year, he or she will accumulate 200,000 AAdvantage® miles.
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