FlyerTalk Forums - View Single Post - Questions on BankDirect, now Bask Bank (consolidated)
Thread: Questions on BankDirect, now Bask Bank (consolidated)
View Single Post
Old Jan 7, 2022 | 12:50 am
  #2328  
redtop43
10 Countries Visited
20 Countries Visited
30 Countries Visited
15 Years on Site
 
Join Date: May 2008
Location: Las Vegas since 11/2023
Programs: No status anywhere anymore, it was fun while it lasted
Posts: 4,648
I bonds appear to be a poor man's TIPS (Treasury Inflation Protected Securities). Right now they pay interest at the inflation rate plus - zero. Yes, the underlying rate on I bonds is zero.

I bonds are not a short-term instrument like a Bask account it. It's apples and oranges. I think they offer a savings account paying 0.6% interest. So if you (a) want money with ready access and (b) think AA miles are worth more than 0.6 cents each, the miles account is a better deal.
redtop43 is offline  
Reply