Airline Miles for Bank Balance?
Nov 25, 2011, 4:43 pm
#1
Original Poster
Join Date: Dec 2001
Location: ATX (Austin, USA)
Programs: United, AA Gold, InsideFlyer subscriber
Posts: 187
Airline Miles for Bank Balance?
Can a forum member please point me in the first direction for program whereby I can earn airline miles each month for my bank deposit balances?
It has been awhile since I have heard of this type of program... when I checked into a few years ago it looked good, except I valued the bank interest at a higher level than the airline miles.
With deposit interest rates today at such low levels I am now interested in this type of bank reward promo.
All leads appreciated!
It has been awhile since I have heard of this type of program... when I checked into a few years ago it looked good, except I valued the bank interest at a higher level than the airline miles.
With deposit interest rates today at such low levels I am now interested in this type of bank reward promo.
All leads appreciated!
Nov 25, 2011, 4:47 pm
#2
FlyerTalk Evangelist
Join Date: Dec 2003
Location: Not here; there!
Programs: AA Lifetime Gold
Posts: 29,584
Wirelessly posted (BlackBerry8530/5.0.0.601 Profile/MIDP-2.1 Configuration/CLDC-1.1 VendorID/417)
You can earn AAdvantage miles with BankDirect. You'll find a thread in the FT AA forum to request a referral, which will earn you and the referrer a 1,000-mile bonus.
You can earn AAdvantage miles with BankDirect. You'll find a thread in the FT AA forum to request a referral, which will earn you and the referrer a 1,000-mile bonus.
Nov 25, 2011, 4:48 pm
#3
Join Date: Sep 2011
Location: DFW
Programs: 2.4mm++ AA Plat, Hlt Diam, Hyt Globaist, Mrrt Gold, Gold Pts, MilesForDreams.com, etc.. etal..
Posts: 428
Can a forum member please point me in the first direction for program whereby I can earn airline miles each month for my bank deposit balances?
It has been awhile since I have heard of this type of program... when I checked into a few years ago it looked good, except I valued the bank interest at a higher level than the airline miles.
With deposit interest rates today at such low levels I am now interested in this type of bank reward promo.
All leads appreciated!
It has been awhile since I have heard of this type of program... when I checked into a few years ago it looked good, except I valued the bank interest at a higher level than the airline miles.
With deposit interest rates today at such low levels I am now interested in this type of bank reward promo.
All leads appreciated!
Mike
Nov 25, 2011, 5:12 pm
#4
Original Poster
Join Date: Dec 2001
Location: ATX (Austin, USA)
Programs: United, AA Gold, InsideFlyer subscriber
Posts: 187
Great -- I will check into this program!
I don't think it is available, but if there is a similar program that will earn United (UA) miles that would be ideal.
I don't think it is available, but if there is a similar program that will earn United (UA) miles that would be ideal.
Nov 25, 2011, 5:53 pm
#5
Join Date: Sep 2011
Location: DFW
Programs: 2.4mm++ AA Plat, Hlt Diam, Hyt Globaist, Mrrt Gold, Gold Pts, MilesForDreams.com, etc.. etal..
Posts: 428
Not aware of any united deals but some brokerage houses offer bonuses for American, delta and membership rewards
In the back of my mind I call capital one doing something but I have not seen anything locally in our market
In the back of my mind I call capital one doing something but I have not seen anything locally in our market
Nov 25, 2011, 6:20 pm
#6
Join Date: Oct 2009
Location: Washington, DC area
Programs: Air: Many; Hotel: HH D, HY G, IHG P, MR S, RR
Posts: 504
United mileage offers
Here is the link to the offer launch page from the UA website: http://www.united.com/page/article/0...ancialservices
Nov 25, 2011, 8:22 pm
#7
Join Date: May 2011
Posts: 475
Capital One offers a Money Market Account that earns 1 No Hassle Reward point for every $20 (based on the average balance for the month) There's a 2500 point sign up bonus with a $500.00 deposit. You can then use these No Hassle Rewards to book flights on UA and earn EQMs when you fly because this counts as a paid ticket.
The account earns 0.55% APY and come with a debit card.
The account earns 0.55% APY and come with a debit card.
Nov 25, 2011, 9:14 pm
#8
formerly known as daveland
Join Date: Oct 2003
Location: NY, NY, USA
Programs: Hyatt Globalist, Marriott LTP, Delta Platinum, Hilton Honors Diamond, Wyndham Diamond
Posts: 2,969
Nov 25, 2011, 9:41 pm
#9
Join Date: Sep 2011
Location: DFW
Programs: 2.4mm++ AA Plat, Hlt Diam, Hyt Globaist, Mrrt Gold, Gold Pts, MilesForDreams.com, etc.. etal..
Posts: 428
There are some threads and Mr Pickles blogs about it
http://www.themrpickles.com/blog1/
Mike
Nov 26, 2011, 9:32 am
#10
Join Date: Apr 2001
Location: Austin
Programs: AA P4L, WN, BA, DL, UA, HHonors, IHG
Posts: 3,485
As others have indicated, BankDirect has a pretty good program. They have a rule of only one account per household, with no way that I have found to circumvent it.
Nov 26, 2011, 12:20 pm
#11
formerly known as daveland
Join Date: Oct 2003
Location: NY, NY, USA
Programs: Hyatt Globalist, Marriott LTP, Delta Platinum, Hilton Honors Diamond, Wyndham Diamond
Posts: 2,969
Yes IF you don't have an existing Citi account you can get a one time bonus. But you will not earn any recurring AA miles based on balance (though you will earn Citi Thank You Points based on activity - again not on balance like BD).
I know of no Citi program with recurring miles based on balance.
I know of no Citi program with recurring miles based on balance.
Nov 26, 2011, 2:23 pm
#12
Join Date: Feb 1999
Location: Denver CO
Posts: 3,682
Caveat: Citibank has a history (do a search) of sending IRS Forms 1099 for miles earned for opening bank accounts. In my case, I opened a savings account and they sent me a 1099 valuing the miles at 2.5 cents each. This pretty much negates the value of the promotion for me, though your mileage may vary, literally.
I haven't kept up with which accounts they do this with, and of course one never knows when they will change the practice, one way or the other.
I haven't kept up with which accounts they do this with, and of course one never knows when they will change the practice, one way or the other.
Dec 4, 2011, 7:52 pm
#15
Join Date: Sep 2001
Location: Philadelphia, PA, USA
Programs: UA 2P, AA LT Gold, Marriott LT Titanium
Posts: 3,159
