FlyerTalk Forums - View Single Post - Miles for Large Bank Balances
View Single Post
Old Jun 7, 2010 | 2:35 pm
  #124  
BudgetJetsetter
10 Countries Visited
20 Countries Visited
30 Countries Visited
15 Years on Site
 
Join Date: May 2008
Programs: Marriott Titanium, Hilton Diamond, Hyatt Globalist, AA Plat, UA Silver, Delta Silver
Posts: 462
Originally Posted by josephstern
Right, but at $250,000, the numbers are pretty different. That's $3750 over the course of a year. And if it weren't for FDIC limits, many would go even higher.

All good promo and teaser rates seem to cap out at $25K. There's a reason for that.
I'm pretty sure it's still profitable for them to pay out the equivalent of 1.5% or so on deposit accounts.
BudgetJetsetter is offline