BankDirect
| 2000 Mckinney Ave, Suite 700 Dallas, TX 75201 1.877.839.2737 www.bankdirect.com  |
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BankDirect, a fast growing Internet-only bank that provides convenient, competitive banking products and services to customers nationwide, went live on the Internet on May 17, 1999 at www.bankdirect.com. BankDirect provides competitive interest checking, savings, and money market accounts as well as certificates of deposit and free bill pay service to customers on the web. BankDirect offers financial control to customers who benefit from the convenience of banking anytime, anywhere. Through a "no-branch" model, BankDirect offers competitive rates and more convenient banking than traditional banks.
BankDirect Routing Number: 111024331
Related Posts
Review of BankDirect and Its AAdvantage Miles Program - 4/8/2011
With interest rates on internet savings accounts so low I thought it might be worthwhile to review BankDirect . Instead of competitive interest rates BankDirect offers airline miles on its deposit pro ...
See Rates for: Checking | Savings | Money Market | CD | IRA
BankDirect Checking Account Rates
BankDirect Savings Account Rates
BankDirect Money Market Rates
BankDirect CD Rates
| Apy | Min | Max | Product | |
| 0.25% | $10k | - | 12 Month CD | |
| 0.25% | $10k | - | 18 Month CD | |
| 0.25% | $10k | - | 24 Month CD | |
| 0.25% | $10k | - | 30 Month CD | |
| 0.25% | $10k | - | 36 Month CD | |
| 0.25% | $10k | - | 48 Month CD | |
| 0.25% | $10k | - | 60 Month CD | |
| 0.25% | $10k | - | 12 Month Commercial CD | |
| 0.25% | $10k | - | 18 Month Commercial CD | |
| 0.25% | $10k | - | 24 Month Commercial CD | |
| 0.25% | $10k | - | 30 Month Commercial CD | |
| 0.25% | $10k | - | 36 Month Commercial CD | |
| 0.25% | $10k | - | 48 Month Commercial CD | |
| 0.25% | $10k | - | 60 Month Commercial CD | |
| 0.20% | $10k | - | 6 Month CD | |
| 0.20% | $10k | - | 6 Month Commercial CD | |
| 0.10% | $10k | - | 90 Day CD | |
| 0.10% | $10k | - | 6 Month Mileage CD | |
| 0.10% | $10k | - | 12 Month Mileage CD | |
| 0.10% | $10k | - | 24 Month Mileage CD | |
| 0.10% | $10k | - | 90 Day Commercial CD |
BankDirect IRA Rates
| Apy | Min | Max | Product | |
| 0.25% | $1k | - | 12 Month IRA CD | |
| 0.25% | $1k | - | 18 Month IRA CD | |
| 0.25% | $1k | - | 24 Month IRA CD | |
| 0.25% | $1k | - | 30 Month IRA CD | |
| 0.25% | $1k | - | 36 Month IRA CD | |
| 0.25% | $1k | - | 48 Month IRA CD | |
| 0.25% | $1k | - | 60 Month IRA CD | |
| 0.25% | $1k | - | 12 Month Roth IRA CD | |
| 0.25% | $1k | - | 18 Month Roth IRA CD | |
| 0.25% | $1k | - | 24 Month Roth IRA CD | |
| 0.25% | $1k | - | 30 Month Roth IRA CD | |
| 0.25% | $1k | - | 36 Month Roth IRA CD | |
| 0.25% | $1k | - | 48 Month Roth IRA CD | |
| 0.25% | $1k | - | 60 Month Roth IRA CD |
Rates updated: 2/7/2012
Data for Q3 2011
Institution Statistics
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Institution Health
Overall Score:
4 out of 5 
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| Vote: 0 | AAdvantage Miles Program OfferCheckingTravel | View Promo Details » | ||
| Leave a Comment (16) » | ||||
| cheated by Fort knox - April 8, 2011 This account is a good way to keep your AA miles from expiring. Anonymous - April 8, 2011 Any idea how the miles are reported on the 1099? Anonymous - April 8, 2011 No 1099 for the miles. unmesh - April 8, 2011 To me, the value is closer to 1c/mile since saver awards tend to be available only for periods where fares are heavily discounted. With a yield of 0.05%, this is by no means a no-brainer. To prevent miles from expiring, I typically make a small purchase through AA Shopping at Best Buy and pick it up on the way home! Anonymous - April 8, 2011 We have found that snagging a business class Saver Award to Europe or Japan can get you a round trip ticket worth from $4000 to $9000 for 100K miles. So with some planning and flexibility the miles can be fairly valuable. AA also has some very valuable unpublished perks when your lifetime miles from all sources reach one million. The danger with accruing miles is the constant threat of the airlines changing their rules on short notice. Anonymous - April 8, 2011 rule of thumb: don't use the mileage for a domestic trip. Anonymous - April 9, 2011 What is the FDIC insured limit for a Checking acct ? Same as Savings ie 250K adityanm - April 9, 2011 The problem with the mileage accounts is that any mileage less than one ticket worth goes waste, I like Schwab card because there is no wastage of reward. Anonymous - April 12, 2011 Earn 5,000 miles for using your BankDirect Visa® CheckCard? Where is that shown on their website? I don't see it anywhere. KenBDG - April 13, 2011 I added the link in the post to the new account offer. Anonymous - April 24, 2011 You get 1000 extra miles for a referral per checking account Anyone giving out referrals? DutchPeasant - June 12, 2011 Also need to consider redemption. Most programs require 25k-30k for a domestic flight. With planning, many domestic flights can be gotten for $200-300. So, if you had $10k balance for a year and got 12k miles, you'd need two years of that balance to get a ticket. If you get 1% interest on 10k you'd have $200 after twoyears - enough for some domestic trips but not all/many. But no blackout dates. So, this program is marginally OK if only need 25k miles to redeem. Other programs have increased miles needed (Capital One rewards money market went from 25k to 30k for redemption.) That Capital One program would give you 6,000 miles a year for a $10k monthly balance but you also get 2500 miles on signup and a 0.75% interest rate - so lower miles but added interest makes it comparable probably. Plus no blackouts. And I think you can combine miles from this with Capital One credit card miles which could be attractive pilot210 - July 20, 2011 One thing to note, they recently changed the program with less than a month's notice, limiting the miles earned/"household". They will only award the full mileage (100 mile/$1000 deposited/month) for amounts up to $200K. Beyond that you earn 1/2 the mileage. So, not so much worth it beyond $200K on deposit. When I complained that I had just recently moved my money there and would move the excess of $200K out if they didn't continue the previous policy, a V.P. basically said, sorry, we don't care if you move your money. Hard to figuure this out, but given the attitude, I moved my money. Anonymous - August 4, 2011 I just noticed that they have reduced the number of miles earned to 50 per $1000 for the first $200K Anonymous - November 29, 2011 not true, i just called and verified. they are still doing 100 miles per $1000 for checking. Its 50 miles per $1000 for money market accounts which has always been the case. Anonymous - November 29, 2011 $12/mnt fixed fee is coming Jan 2012 for milage checking accounts. Feel free to confirm by calling BankDirect Client Support:
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