I receive compensation for content and many links on this blog. Citibank is an advertising partner of this site, as is American Express, Chase, Barclays and Capital One. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same). Terms apply to the offers and benefits listed on this page.
Bask Bank, which lets you earn AAdvantage miles for savings account balances, has launched their first ‘member-get-member’ offer.
- 5000 American AAdvantage miles per new account signup you refer
- Up to 25,000 AAdvantage miles for 5 new customers who open accounts
- Offer runs for customers referred by September 30 who “maintain a minimum daily balance of $10,000 for 90 consecutive days between June 17, 2020 and December 31, 2020.”
In addition, “[b]oth referring and referred customers must link their AAdvantage® account in order to receive Refer a Friend bonus miles, and miles will be awarded on the first Wednesday following all qualifications being met.”
Refer-a-friend miles are tax-reportable. Bask Bank has previously indicated that they report miles at a value of 0.42 cents apiece.
Log into your account to find your referral link.
Several Bask Savings Account Bonuses End June 30
The following bonus mileage offer programs will expire on June 30th, 2020 – it’s a great time to sign up for a no fee Bask Savings Account before that happens.
- Account Opening Bonus: 5000 AAdvantage miles for new customers that open an account by June 30 and maintain a minimum daily account balance of $5,000 for ninety consecutive days during the first 120 days the account is open.
- Feedback Bonus: This one is easy, open the no fee account and receive 1000 AAdvantage miles and either use the Bask Bank online banking portal or the Bask Bank mobile app to provide feedback using the Give Feedback feature by June 30, 2020.
- Balance Bonus: Up to 10,000 bonus miles on top of regular earning for a $25,000 balance; up to 20,000 bonus miles on top of regular earning for maintaining a $50,000 balance; up to 40,000 bonus miles on top of regular earning for maintaining a $100,000 balance. Half the miles are awarded after 180 days, and the second half after a second 180 days.
This is my referral link, if you aren’t a current customer you might use it when signing up though of course once you’re a customer you want to give your own link to friends and family to use.
It’s most valuable to refer folks to open an account this month, while these current bonus offers are available as well.