A fish bait system includes a fish compartment and a filter compartment for maintaining bait fish in a healthy condition for prolonged periods prior to use. The fish bait system allows water to be pumped from the fish compartment through a filter having a standard non-woven reusable media whereby the filtered water is returned through an air infuser to the fish compartment. The infuser is mounted on the wall separating the fish and filter compartments and saturates the filtered water with oxygen to insure the fish are provided with an adequate oxygen supply. The removable filter media can be easily extracted from the filter housing, rinsed or replaced and returned to the filter in a quick and efficient manner.