Earlier this week, I received an email from Bask Bank with great news! The payout rate for my Bask Mileage Savings Account increased to 2.5 miles per dollar saved annually (up from an original 1 mile per dollar and most recently 2 miles per dollar). So, for example, if you keep $10,000 in a Bask Mileage Savings Account, you will earn 25,000 American Airlines miles per year. Not too shabby!
I don’t have any affiliation with Bask Bank, nor do I gain anything from writing about the Bask Mileage Savings Account. I’m simply sharing another way that my family earns miles for travel.
My husband and I both have these accounts, and we earn a few thousand AA miles each month. Living near DFW airport, I’ve had great luck finding AA Web Special Awards for domestic flights. I can never have enough AA miles!
Of course, by keeping your savings in this mileage earning account, you forgo actual money earned from interest. The current Bask Interest Savings account has a 4.75% APY. So, keep that in mind.
See my original post on my Bask Mileage Savings Account here.