American Airlines offers customers the opportunity to earn miles by opening a savings account through a collaboration with Bask Bank, a unique all-digital bank by Texas Capital Bancshares, Inc. , the parent company of Texas Capital Bank. In lieu of interest, customers can earn AAdvantage® miles at a rate of one mile for every dollar saved.
This unique collaboration empowers savers and gives AAdvantage members a new way to earn miles toward their next adventure. Miles earned may be redeemed for flights, hotels, car rentals and more.
“We take pride in creating opportunities for AAdvantage members to earn miles through a variety of activities,” said Bridget Blaise-Shamai, President of the AAdvantage program and Vice President of Customer Loyalty and Insights for American. “Collaborating with Bask Bank gives our customers a new way to easily earn miles toward their travel dreams while tracking toward their financial goals.”
Bask Bank rewards savers with miles instead of interest, enhancing customer saving potential and providing choice, value and the opportunity to experience travel and more through the AAdvantage program. Savings accounts with Bask Bank have no fees or minimum balances, and offer potential to earn unlimited miles.
“It’s a bold new platform — a stronger option for savers who aren’t getting much out of a traditional savings account. Bask Bank helps you enjoy more of life’s experiences today, while still saving for the future,” said Matt Quale, President of Bask Bank.
Bask Bank will also offer several ways to earn AAdvantage bonus miles, including an account opening bonus of 5,000 AAdvantage miles and a variety of balance bonuses. Miles are accrued daily and awarded based on average monthly balances. For more information, visit BaskBank.com.
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