The latest Bask Bank promotions, bonuses, and offers are available here.
Update 9/19/24: There is now a $200 checking bonus good until 11/29/24.
Bask Bank Mileage Savings reverted back to the 10,000 AA miles offer through 11/30/24.
About Bask Bank Promotions
Bask Bank was the first online-only savings bank in the U.S. through Texas Capital Bank. Launched in 1999, they provide a variety of saving as well as earn!
I’ll review the current Bask Bank Promotions below.
Bask Bank Interest Savings
Bask Bank $200 Checking Bonus
- What you’ll get: $200 bonus
- Account Type: Interest Checking Account
- Availability: Nationwide Online
- Direct Deposit Requirement: No
- Credit Inquiry: Soft Pull
- ChexSystem: Unknown
- Credit Card Funding: None
- Monthly Fee: None
- Early Account Termination Fee: None
- Household Limit: None
(Expires 11/29/2024)
| BMO Smart Money Checking ($300 cash bonus) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | Fifth Third Bank Preferred Checking ($300 bonus) |
| HSBC Premier Checking (Up to $2,500 Cash Bonus), | |
How to Earn Bonus
EARN THE $200 BONUSFINE PRINT
- Conduct two (2) electronic Bill Center transactions of a combined minimum total of $50, posting each month through March 31, 2025 and receive $50 per month up to $200.
- Must have a new or existing Bask Interest Checking Account by November 29, 2024.
- Perform qualifying activities between September 2024 and March 2025.
- Conduct two (2) electronic Bill Center transactions3 of a combined minimum total of $50, posting each month through March 31, 2025.
- Qualifying participants will receive a $50 cash reward each month1 from September 2024 through March 2025 with continued qualifying activity. The cash reward will be paid to your Bask Interest Checking Account at the close of each statement period after all qualifying activities are met.
- If one or more of the qualifying activities are not met within a statement period, the cash reward will not be paid for that statement period.
- All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Bask Bank 10,000 AAdvantage Bonus Miles
- What you’ll get: 10,000 AAdvantage® bonus miles
- Account Type: Bask Mileage Savings Account
- Availability: Nationwide Online
- Direct Deposit Requirement: No
- Credit Inquiry: Soft Pull
- ChexSystem: Unknown
- Credit Card Funding: None
- Monthly Fee: None
- Early Account Termination Fee: None
- Household Limit: None
(Expires 11/30/2024)
Editor’s Note: Click on the homepage and scroll to the bottom of the page to see the 10K AA miles offer.
See terms here.
| BMO Smart Money Checking ($300 cash bonus) | BMO Smart Advantage Checking ($300 cash bonus) |
| Bank of America ($300 bonus offer) | Chase Total Checking® ($300 bonus) |
| Fifth Third Bank Momentum® Checking ($300 bonus) | SoFi Checking and Savings ($325 bonus) |
| KeyBank Key Smart Checking ($300 bonus) | Truist Checking ($400 bonus) |
How to Earn Bonus
EARN THE BONUS MILESFINE PRINT
- To qualify for this offer, you must be a first time Bask Mileage Savings Account customer, open a Bask Mileage Savings Account between September 1, 2024 and November 30, 2024, fund your Bask Mileage Savings Account within 15 business days following the initial account opening and maintain a minimum daily account balance of $50,000 for 180 consecutive days out of the first 210 days following the initial account opening.
- AAdvantage® bonus miles are awarded within 10 business days upon meeting offer qualifications and may take 6 to 8 weeks to post to your AAdvantage® account. 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.
- Bask Bank is offering 10,000 AAdvantage®? Bonus Miles1 for customers that (i) have not previously opened a Bask Mileage Savings Account; (ii) meet Bask Bank’s qualifications to open an account; (iii) complete the online account opening process between September 1, 2024 and November 30, 2024; (iv) fund the account within fifteen (15) business days following the initial account opening; (v) maintain a minimum daily account balance of $50,000 for one hundred eighty (180) consecutive days out of the first two hundred and ten (210) days following the initial account opening; and (vi) provide Bask Bank with an AAdvantage®? account number in the same name as the subject Bask Mileage 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 Mileage 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.
- Bask Bank reserves the right to exclude anyone from participating in the promotion for any reason, including suspected fraud, misuse or if suspicious activities are observed.
- All promotional offers, products and services offered by Bask Bank are subject to updates, modifications and/or termination.
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Bottom Line
All in all, the current Bask Bank promotions might seem confusing and daunting at first. However, this is a fantastic offer on those who value American Airlines AAdvantage Miles. Not only does the promotion trigger a soft pull, but the offer is far superior to any other promotions like it!
However, you do need to pay taxes on miles earned through bank accounts.
Find more bank promotions here! You can checkout offers from Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!
*Check back for updated Bask Bank promotions, bonuses and offers.
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Associated Bank Badgers Checking and Money Market Promotion: $275 Bonus (IL, MN, & WI)
East Wisconsin Savings Bank Referral Promotion: $100 Bonus (WI)
.0042 is 4.2 cents not 42 cents a mile
Sorry – I mis-read the value – it is $0.0042/mile (0.42 CENTS/mile). Thanks.
If 76,000 miles are earned, at $0.42/mile, that means that $31,920? are added to my income for tax purposes – is that correct? That seems like a huge impact on my personal taxes. Am I missing something? Thanks.