Apr 8, 2021, 10:27 am
Last edit by: funnyfarm299
Miles usually post on Bask website on the second business day of the month, to AA a day or 2 later.
Check the "Rewards" section of your Bask dashboard or the Recent Activity section of your AA account.
Current earn rate as of June 2023: 2.5 miles/dollar/year, awarded monthly (no LP's).
Check the "Rewards" section of your Bask dashboard or the Recent Activity section of your AA account.
Current earn rate as of June 2023: 2.5 miles/dollar/year, awarded monthly (no LP's).
Questions on BankDirect, now Bask Bank (consolidated)
Sep 9, 2010, 2:45 am
#138
FlyerTalk Evangelist
Join Date: Apr 2003
Location: Honolulu, Hawaiʻi [+MKK4 EBBER R577 EDSEL R577 ELKEY EXERT]
Posts: 15,826
Wirelessly posted (The Hawaiian iPhone : Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_0_1 like Mac OS X; en-us) AppleWebKit/532.9 (KHTML, like Gecko) Version/4.0.5 Mobile/8A306 Safari/6531.22.7)
Looks like my miles have correctly posted (1x not 4x).
Looks like my miles have correctly posted (1x not 4x).
Sep 9, 2010, 4:02 am
#139
FlyerTalk Evangelist
Join Date: Apr 2001
Location: DCA
Programs: AMC MovieWatcher, Giant BonusCard, Petco PALS Card, Silver Diner Blue Plate Club
Posts: 22,297
Right, the original posting was pulled and then the correct posting was added.
It wasn't done as an adjustment, they literally undid the first posting and no trace of it, then uploaded the corrected posting.
It wasn't done as an adjustment, they literally undid the first posting and no trace of it, then uploaded the corrected posting.
Sep 9, 2010, 7:09 am
#140
FlyerTalk Evangelist
Join Date: May 2001
Location: MSY; 2-time FT Fantasy Football Champ, now in recovery.
Programs: AA lifetime GLD; UA Silver; Marriott LTTE; IHG Plat,
Posts: 14,516
Corrected, but still not right
Checking this morning, they have added back the referral, and the correct balance points. But they also added back the account open points, which were never removed. So it's still wrong, 1000 miles in my benefit.
09/03/10 NEW CUSTOMER REFERRAL 1,000 0 1,000
09/03/10 CHECKING ACCT OPENED 1,000 0 1,000
09/03/10 AVG CHECKING BAL 500 0 500
09/02/10 CHECKING ACCT OPENED 1,000 0 1,000
09/03/10 NEW CUSTOMER REFERRAL 1,000 0 1,000
09/03/10 CHECKING ACCT OPENED 1,000 0 1,000
09/03/10 AVG CHECKING BAL 500 0 500
09/02/10 CHECKING ACCT OPENED 1,000 0 1,000
Sep 9, 2010, 7:23 am
#141
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,020
Checking this morning, they have added back the referral, and the correct balance points. But they also added back the account open points, which were never removed. So it's still wrong, 1000 miles in my benefit.
09/03/10 NEW CUSTOMER REFERRAL 1,000 0 1,000
09/03/10 CHECKING ACCT OPENED 1,000 0 1,000
09/03/10 AVG CHECKING BAL 500 0 500
09/02/10 CHECKING ACCT OPENED 1,000 0 1,000
09/03/10 NEW CUSTOMER REFERRAL 1,000 0 1,000
09/03/10 CHECKING ACCT OPENED 1,000 0 1,000
09/03/10 AVG CHECKING BAL 500 0 500
09/02/10 CHECKING ACCT OPENED 1,000 0 1,000
Sep 9, 2010, 12:35 pm
#142
Join Date: Aug 2009
Location: RDU
Programs: A few
Posts: 5,499
Ha I thought it was just me that had some weird mileage amount come and go... then stumbled on here. Oh well
As for the FDIC piece, I would not place $1m in any single bank account. I would diversify across names. Remember FDIC itself is a credit risk, it's likely in our bail-out-anything-mentality it would be gov backed if it ran out of money, but fact off matter is there is no explicit backstop for FDIC. Diversifying is far better approach.
As for the FDIC piece, I would not place $1m in any single bank account. I would diversify across names. Remember FDIC itself is a credit risk, it's likely in our bail-out-anything-mentality it would be gov backed if it ran out of money, but fact off matter is there is no explicit backstop for FDIC. Diversifying is far better approach.
Sep 28, 2010, 6:26 am
#144
FlyerTalk Evangelist
Join Date: Jul 2006
Location: Upper Sternistan
Posts: 10,020
Sep 28, 2010, 12:37 pm
#145
Join Date: Sep 2010
Location: LAX
Programs: AA EXP, Hyatt Diamond, UA 1P
Posts: 389
Using Bankdirect for Quick Elite Status
I recently spoke with a customer service representative at Bankdirect who told me that there are no limits to the amount of miles you can earn with their mileage checking accounts! I thought for sure there'd be some sort of cap, but it looks like it's wide open.
After doing some research, the financials of Bankdirect seem relatively strong. I know a lot of people would be hesitant to dump more than the FDIC insurable limit of $250k into an account, but even with two accounts (one personal, one joint), you could amass 600,000 miles in a year! In 20 months, you could achieve Lifetime Gold! And not have to worry about paying taxes on the miles.
I participate in a "kye" which is a traditional Korean method of lending. There's about 30 people who each put in $10,000 a month into a pot, and we draw lots to see who gets the combined $300,000 each month. Everyone pays in until the last person gets the full amount and then we decide whether or not to keep it going.
My number's coming up, and I wanted to see if anyone else had success using bankdirect for a large amount of Aadvantage miles. Thanks!
After doing some research, the financials of Bankdirect seem relatively strong. I know a lot of people would be hesitant to dump more than the FDIC insurable limit of $250k into an account, but even with two accounts (one personal, one joint), you could amass 600,000 miles in a year! In 20 months, you could achieve Lifetime Gold! And not have to worry about paying taxes on the miles.
I participate in a "kye" which is a traditional Korean method of lending. There's about 30 people who each put in $10,000 a month into a pot, and we draw lots to see who gets the combined $300,000 each month. Everyone pays in until the last person gets the full amount and then we decide whether or not to keep it going.
My number's coming up, and I wanted to see if anyone else had success using bankdirect for a large amount of Aadvantage miles. Thanks!
Sep 28, 2010, 1:14 pm
#147
Join Date: Dec 2009
Location: WAS
Posts: 141
Yes, but the OP is taking about the 1M miles required for Lifetime Gold. It doesn't matter to AA how you accumulate the said miles, at least for now.
Sep 28, 2010, 1:53 pm
#148
Join Date: Dec 2004
Posts: 7,895
Someone recently did this by putting a lot of money into BankDirect:
http://www.flyertalk.com/forum/ameri...ght=bankdirect
Some more info:
http://www.flyertalk.com/forum/ameri...ght=bankdirect
http://www.flyertalk.com/forum/ameri...ght=bankdirect
http://www.flyertalk.com/forum/ameri...ght=bankdirect
Some more info:
http://www.flyertalk.com/forum/ameri...ght=bankdirect
http://www.flyertalk.com/forum/ameri...ght=bankdirect
Sep 28, 2010, 1:54 pm
#149
Join Date: Sep 2010
Location: LAX
Programs: AA EXP, Hyatt Diamond, UA 1P
Posts: 389
Correct, ooodaveb: lifetime elite versus qualifying BIS miles... I'm also leaning more towards it because of all this talk about American changing their policies. I only have 150,000 miles right now (from two citicard signup bonuses) but I'd like to think I'd be able to hit a million miles in a year or two. Hopefully time enough to earn elite, but even without it, it'd still make for a bunch of free flights.
