Airline Flight Bonus Miles..Good/Bad Deal?

Choice
  |     |   937 posts since 2020

From Forbes…

“Bask Bank

According to its website, Bask Bank launched the first online-only savings bank in the U.S. in 1999 as Texas Capital Bank. It is an FDIC-insured institution and has partnered with American Airlines to help customers earn miles. To that end it offers the Mileage Savings Account. Customers earn one American AAdvantage mile for every $1 saved annually in the account.

“If you prefer to interest, Bask’s savings account currently pays 0.80% APY.”



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