Offer at a glance
- Interest rate: None. The account earns 1.75 American Airline miles per $1 per year
- Minimum balance: ANY
- Maximum balance: ANY
- Availability: On a national scale
- Hard/soft pull: Gentle pull
- ChexSystems: Unknown
- Credit card financing: ANY
- Monthly fees: ANY
- Insured: FDIC
- expiry: Offer valid 1/6/26 – 30/8/26
Offers
- Bask Bank offers 20,000 American Airlines when you fund your Bask Mileage savings account with at least $50,000 within 15 days of opening the account and maintain that balance for 90 consecutive days out of the first 120 days after the initial account opening.
Our verdict
The last time they offered 15,000 miles and the hold was 180 days. With this new offering it starts to become something to consider:
The account earns no interest, but earns 1.75 American Airline miles per $1 per year. With this bonus you will earn 20,000 miles from the bonus and another 21,875 from the standard earning rate. If you put $50,000 into a high-yield account earning 4% APY (from the best high savings account rates of return) you would earn about $500 in 90 days.
Another benefit of this bonus is that they value the miles at $0.42 cents per point on the 1099, so there may be a tax advantage to someone who gets more value out of it.
Ultimately, I don’t consider this a screaming deal, but someone who values a lot of AA miles might find it interesting. Not sure if we will add this to ours best bank account bonuses.
we have discussed the Bask American Airlines account earlier in this post.
Hat tip to Pbjclimber
