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Thread: Suggestions for where to put $150k cash?
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Old Aug 27, 2009 | 9:26 pm
  #12  
show_me_the_points
15 Years on Site
 
Join Date: Aug 2009
Posts: 544
Originally Posted by mia
You could open a BankDirect checking account which earns AA miles. $150,000 would earn 15,000 miles per month, and because it is a checking account you can withdraw as required.

http://bankdirect.com/products/checkingmileage.aspx
The returns don't look so great, but at least it will get me 180,000 miles closer to AA Gold/Platinum . you have a good point that the miles are not taxable like interest. But at the same time I do not need that much liquid cash, so it may not be a good fit for me.
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