The latest Bask Bank promotions, bonuses, and offers are available here.
Update 3/19/24: Bask Bank Mileage Savings just doubled the offer to 10,000 AA miles. However, you will need to deposit $50K for 90 days.
About Bask Bank Promotions
Bask Bank was the first online-only savings bank in the U.S. through Texas Capital Bank. Launched in 1999, they provide a variety of saving as well as earn!
I’ll review the current Bask Bank Promotions below.
Bask Bank Interest Savings
Bask Bank 10,000 AAdvantage Bonus Miles
- What you’ll get: 10,000 AAdvantage® bonus miles
- Account Type: Bask Mileage Savings Account
- Availability: Nationwide Online
- Direct Deposit Requirement: No (see what works)
- Credit Inquiry: Soft Pull
- ChexSystem: Unknown
- Credit Card Funding: None
- Monthly Fee: None
- Early Account Termination Fee: None
- Household Limit: None
(Expires 05/31/2024)
Editor’s Note: Click on the homepage and scroll to the bottom of the page to see the 10K AA miles offer.
See terms here.
U.S. Bank Smartly® Checking ($400 bonus) | Truist Checking ($400 bonus) |
BMO Smart Money Checking ($250 bonus) | BMO Smart Advantage Checking ($250 bonus) |
Bank of America ($200 bonus offer) | Chase Total Checking® ($300 bonus) |
Fifth Third Bank Momentum® Checking ($325 bonus) | SoFi Checking and Savings ($325 bonus) |
KeyBank Key Select Checking ($200 bonus + $100 Bonus) | KeyBank Key Smart Checking ($200 bonus) |
How to Earn Bonus
- To qualify for this offer, you must be a first time Bask Mileage Savings Account customer, open a Bask Mileage Savings Account between March 1, 2024 and May 31, 2024, fund your Bask Mileage Savings Account within 15 business days following the initial account opening and maintain a minimum daily account balance of $50,000 for 90 consecutive days out of the first 120 days following the initial account opening.
- AAdvantage® bonus miles are awarded within 10 business days upon meeting offer qualifications and may take 6 to 8 weeks to post to your AAdvantage® account. The value of this bonus offer will be reported to the IRS, and the recipient is responsible for any federal, state or local taxes on this offer.
- Account Opening Bonus: Bask Bank is offering 10,000 AAdvantage®? Bonus Miles for customers that (i) have not previously opened a Bask Mileage Savings Account; (ii) meet Bask Bank’s qualifications to open an account; (iii) complete the online account opening process between March 1, 2024 and May 31, 2024; (iv) fund the account within fifteen (15) business days following the initial account opening; (v) maintain a minimum daily account balance of $50,000 for ninety (90) consecutive days out of the first one hundred and twenty (120) days following the initial account opening; and (vi) provide Bask Bank with an AAdvantage®? account number in the same name as the subject Bask Mileage Savings Account.
- Bask Bank will award the Account Opening Bonus miles within ten (10) Business Days once all of the conditions of this offer have been met.
- AAdvantage® miles may take 6-8 weeks to post to the linked AAdvantage® account.
- This offer is limited to one Account Opening Bonus Award for each customer.
- Customers that have previously opened a Bask Mileage Savings Account, whether the account is still open or if it has been closed, are not eligible for this Bonus Miles offer.
- The value of this bonus/offer will be reported to the IRS and the recipient is responsible for any federal, state or local taxes on this offer. Bask Bank reserves the right to exclude anyone from participating in the promotion for any reason, including suspected fraud, misuse or if suspicious activities are observed.
- All promotional offers, products and services offered by Bask Bank are subject to updates, modifications and/or termination.
Bask Bank CD Rates
Bottom Line
All in all, the current Bask Bank promotions might seem confusing and daunting at first. However, this is a fantastic offer on those who value American Airlines AAdvantage Miles. Not only does the promotion trigger a soft pull, but the offer is far superior to any other promotions like it!
However, you do need to pay taxes on miles earned through bank accounts.
Find more bank promotions here! You can checkout offers from Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
*Check back for updated Bask Bank promotions, bonuses and offers.
James says
If 76,000 miles are earned, at $0.42/mile, that means that $31,920? are added to my income for tax purposes – is that correct? That seems like a huge impact on my personal taxes. Am I missing something? Thanks.
James says
Sorry – I mis-read the value – it is $0.0042/mile (0.42 CENTS/mile). Thanks.
gus says
.0042 is 4.2 cents not 42 cents a mile