FlyerTalk Forums - View Single Post - Best miles/points reward for checking or saving account [Consolidated]
Thread: Best miles/points reward for checking or saving account [Consolidated]
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Old Feb 10, 2013, 3:37 pm
  #9  
Spacetime17
 
Join Date: Aug 2012
Location: New York, NY
Programs: AA Plat, UA, BA, DL, SPG Gold
Posts: 94
Originally Posted by DC777Fan
I'm really not interested in churning points through a bank for what really doesn't amount to very many miles. I'm basically looking to switch banks and 30k AA would probably put me over the top toward choosing Citi if I can get it without parking $50k in a checking account to avoid fees...
Keep in mind that you'll get a 1099 from Citi, at a fairly high valuation for the miles. There's a dedicated thread for this here. Depending on your tax rate and valuation for that 30k miles, you may find it not worth your while.
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