FlyerTalk Forums - View Single Post - Questions on BankDirect, now Bask Bank (consolidated)

Aug 28, 2024 | 5:54 pm

#2687

euromannn

Join Date: Aug 2003

Location: Seattle, WA. USA

Programs: MR, AA, UA, DL, AVIS and growing

Posts: 1,192

Quote:

Originally Posted by tth6133

I think it's a no-brainer to get the signup bonus if you don't have the AA mileage account. Besides the potential tax benefit (an AA mile earned is taxed as if it is worth 0.42c), the AA earning rate (currently 2.5 miles/$/yr) is unlikely to be reduced as frequently as interest rate on its regular savings account, which is likely to trend downward in the next few months.

I don't value AA miles at 2.5/$1 due to AA award changes and horrendous lack of availability in 2024.
International trips are saver discounts weren't available much with partners like AY, TN, JL, that was wide open in 2023.

So I won't purchase at normal rate due to AA increases in ward levels and lack of available partner flights.

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