Originally Posted by pgary
I show you the math on my writeup of the deal in the Banking Section of the Finance page of my website,
Free Frequent Flyer Miles. First coment: You would never invest $10,000 in BankDirect. You would stay near the minimum of $2,500.
Gary what would be the point ot having the account at all if you just got 250 miles a month. $2,500 daily balance would yield 250 AA miles/mo. I would think someone looking to collect AA miles might want as much as 100k in that account. that would be 10k/miles a month and a free ticket biz classs after 1 yr. Am I on the correct path here. Why bother doing it if its only for 250 miles a month?
Ken in Phx