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Thread: AA Miles For New Citibank Checking Account [Consolidated]
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Old Jan 28, 2011, 8:02 pm
  #91  
Milezjunkie
 
Join Date: Dec 2008
Posts: 563
Originally Posted by Happy
This may be news to some of you.

I hope all of you who sign up for this also read the other thread of the 5K AA miles bonus on opening saving account - that the bonus from banking account is treated as Interest or Misc Income.

1099s have been sent out for those who have received the bonuses from banking products, and the miles are valued at a Retail price of 0.025 per mile...
Some people got them from savings accounts. Nobody has stated they received them from checking account bonuses. I really don't see any need to alarm everyone. What banking products are you refering to Happy? I've only read of savings accounts receiving 1099s.
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