Bask Bank has introduced a new offer that allows customers to earn 82,500 American Airlines AAdvantage® miles in six months without spending money. The Bask Mileage Savings Account awards 2.5 AAdvantage® miles per dollar saved annually, providing one of the highest returns possible for a savings account that awards miles instead of money.
Currently, new customers can earn a bonus of 20,000 miles for deposits of $50,000 held for six months. This is in addition to the annual rate of 2.5 miles per dollar saved on those funds. After six months with the $50,000 deposit, customers will have earned a total of 82,500 miles—62,500 from the annual rate and 20,000 as a bonus.
To qualify for this offer, individuals must be first-time Bask Mileage Savings Account customers and open an account between June 1 and August 31, 2024. They must fund their account within 15 business days following the initial opening and maintain a minimum daily balance of $50,000 for 180 consecutive days.