Bask Bank Bask Mileage Savings 1,000 Miles Bonus

Bask Bank : Bask Mileage Savings

Bonus Amount
1,000 Miles
Account Type
Personal Savings
Available In Your Area?
Yes
Offer Expires In
Bonus Requirements
  1. Open a new Bask Mileage Savings Account.
  2. Within 30 days, deposit $5,000 and then maintain that balance for 90 consecutive days.
  3. AAdvantage® bonus miles are awarded within 10 business days.
Other Details
Hard Credit Pull?
Monthly Fees?
Open Online?
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Bask Bank is offering new account holders an additional 1,000 American Airlines AAdvantage® miles – on top of what the Bask Mileage Savings account already accrues.

You'll need to be a brand new Bask Bank customer to take advantage, but this offer is otherwise available nationwide with the ability to open online.

How To Earn The Bonus

The Bask Bank Bask Mileage Savings promotion requires you to deposit and maintain a minimum balance in order to earn the 1,000 bonus miles. Full requirements to receive this bonus are:

  1. Open a new Bask Mileage Savings Account.
  2. Within 30 days, deposit $5,000 and then maintain that balance for 90 consecutive days.
  3. AAdvantage® bonus miles are awarded within 10 business days.

The fine print

  • Customers that have previously opened a Bask Savings Account, whether the account is still open or if it has been closed, are not eligible for this Bonus Miles offer.
  • You must provide Bask Bank with your AAdvantage® account number and your name as shown on your Bask Savings Account must match the name on the AAdvantage® account in order to receive any Bonus Miles award from Bask Bank.
  • Both your AAdvantage® Account and Bask Savings Account must be open and in good standing at the time any miles are awarded. Failure to maintain either of your AAdvantage® Account or Bask Savings Account in good standing at the time of award will result in forfeiture of the Bonus Miles.
  • 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.

Why Bask Bank?

Bask Bank is a subsidiary of Texas Capital Bank, which has been around for more than 20 years and is FDIC insured. Bask Bank was founded in 2019, and offers an interesting remix on your typical savings accounts: "earn miles by saving, not spending."

Where traditional savings pays a paltry pennies on the dollar, Bask Bank instead pays you with American Airlines AAdvantage® miles. You can then redeem those miles to fund experiences and vacations.

Bask Mileage Savings

Bask Bank offers just a single Savings Account, which earns 1 American Airlines AAdvantage® mile annually for every dollar saved. Reward miles are accrued and awarded monthly.

You can set up automatic deposits or make one-time transfers. The account even supports direct deposit from your employer.

The Bask Bank savings account has no earning limit and no account fees. You do need to be at least 18 years old to open the account, though.

Fees

Bask Mileage Savings does not charge a monthly fee.