Bask Mileage Savings Account

Bask Mileage Savings Account Review

Bask Mileage Savings Account is offered by Bask Bank, a division of Texas Capital Bank, a bank founded in 1999 and based in Dallas, TX. Bask Mileage Savings Account are available in 50 states (and Washington, DC).

Key Takeaways

• Earn 2 American Airlines AAdvantage® miles. 2 AAdvantage® miles earned for every $1 saved annually when you open a Bask Mileage Savings Account.
• Bask Bank is offering 1,000 AAdvantage® miles for customers that (i) have not previously opened a Bask Savings Account; (ii) meet Bask Bank’s qualifications to open an account; (iii) complete the online account opening process between December 16, 2022 and March 16, 2023; (iv) fund the account within fifteen (15) calendar days following the initial account opening; (v) maintain a minimum daily account balance of $5,000 for ninety (90) consecutive days out of the first one hundred and twenty (120) days following the initial account opening; and (vi) provide Bask Bank with an AAdvantage® account number in the same name as the subject Bask Savings Account. Bask Bank will award the Account Opening Bonus miles within ten (10) Business Days once all of the conditions of this offer have been met. AAdvantage® miles may take 6-8 weeks to post to the linked AAdvantage® account. This offer is limited to one Account Opening Bonus Award for each customer. Customers that have previously opened a Bask Savings Account, whether the account is still open or if it has been closed, are not eligible for this Bonus Miles offer. The value of this bonus/offer will be reported to the IRS and the recipient is responsible for any federal, state or local taxes on this offer.
• $0 monthly fee. This account does not charge any monthly account fees.
• No minimum initial deposit. There is no minimum balance required to open an account online.
• Must fund account within 15 days to open an account.

BaskBank Pros & Cons

BaskBank FAQ

Are savings accounts from Bask Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #34383). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Bask Bank offer a signup bonus?

Yes, BaskBank offers a signup bonus.

Bask Bank is offering 1,000 AAdvantage® miles for customers that (i) have not previously opened a Bask Savings Account; (ii) meet Bask Bank’s qualifications to open an account; (iii) complete the online account opening process between December 16, 2022 and March 16, 2023; (iv) fund the account within fifteen (15) calendar days following the initial account opening; (v) maintain a minimum daily account balance of $5,000 for ninety (90) consecutive days out of the first one hundred and twenty (120) days following the initial account opening; and (vi) provide Bask Bank with an AAdvantage® account number in the same name as the subject Bask Savings Account. Bask Bank will award the Account Opening Bonus miles within ten (10) Business Days once all of the conditions of this offer have been met. AAdvantage® miles may take 6-8 weeks to post to the linked AAdvantage® account. This offer is limited to one Account Opening Bonus Award for each customer. Customers that have previously opened a Bask Savings Account, whether the account is still open or if it has been closed, are not eligible for this Bonus Miles offer. The value of this bonus/offer will be reported to the IRS and the recipient is responsible for any federal, state or local taxes on this offer.

What is the minimum initial deposit for BaskBank?

What APY* does Bask Mileage Savings Account offer?

BaskBank is not an interest-bearing account.

What fees does BaskBank charge?

BaskBank does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does BaskBank offer?

This savings account includes the following features:

• Mobile Banking Services - BaskBank allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

Can you set up a direct deposit to BaskBank?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for BaskBank?

The customer support email for BaskBank is customersupport@baskbank.com.