Author Topic: Bank Direct AAdvantage Mileage Checking Account  (Read 39752 times)

Offline Yellow

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #160 on: October 18, 2011, 06:31:12 PM »
If checks are the only problem, ask the bank for a cashiers check. Should be free.

Now if you want some checks for dirt cheap, this deal seems to never go dead http://www.dansdeals.com/archives/13658
Thanks

Offline bubbles

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #161 on: October 25, 2011, 10:07:31 AM »
How much are AA miles selling for these days?

Offline AsherO

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #162 on: October 25, 2011, 10:20:30 AM »
How much are AA miles selling for these days?

1.2-1.6 depending on amount.
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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #163 on: October 25, 2011, 10:23:42 AM »
1.2-1.6 depending on amount.

realistically what is the minimum amount I would need for someone to be willing to buy them off me? I'm thinking of opening an account but would get the miles to sell and don't have an AA card so I need to figure out if the numbers work out

Offline AsherO

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #164 on: October 25, 2011, 10:40:37 AM »
realistically what is the minimum amount I would need for someone to be willing to buy them off me? I'm thinking of opening an account but would get the miles to sell and don't have an AA card so I need to figure out if the numbers work out

How many miles are we talking about? If it's 20-30k, don't expect more than 1-1.2cpm
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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #165 on: October 25, 2011, 10:42:24 AM »
How many miles are we talking about? If it's 20-30k, don't expect more than 1-1.2cpm

Hmmm so it might not be worth the hassle for me then. Thnx

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #166 on: October 25, 2011, 10:57:31 AM »
Hmmm so it might not be worth the hassle for me then. Thnx

Perhaps I'm being conservative, but if it's <50k you'll have a hard time moving it.
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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #167 on: October 25, 2011, 11:01:27 AM »
Perhaps I'm being conservative, but if it's <50k you'll have a hard time moving it.

I would be putting in around $20-25k so it would take me awhile to hit 50k.

Offline easy48

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #168 on: February 06, 2012, 06:16:31 PM »
Has anyone been 1099'd for these miles in the past?

Offline karen

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #169 on: July 11, 2012, 11:17:22 PM »
I have a question on BankDirect checking account. I have a joint account, but the money is well over 200K. The part that is over only gt 50 miles per $1000. I am thinking about open a new checking account, but i read in its web site, it only allows one checking per household. Will it work if i open one use my company address or/and switch main applicant? Thanks!

Offline easy48

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #170 on: May 05, 2013, 01:53:25 AM »
Bank direct is changing the rules. I just got notice that they are only giving the current ratio of miles up to $50k!  This is a serious game changer. Goes into effect 6/1/13. Did anyone else get this notice?

Offline moish

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #171 on: May 05, 2013, 05:02:49 AM »
its on the website

Offline aarony

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #172 on: May 05, 2013, 08:43:27 AM »
I got the notice too.  Looks like this deal is almost over for me.  144 for 60k aa miles is ok but I can probably do a lot better with my money.

Offline easy48

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Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #173 on: May 05, 2013, 01:55:12 PM »
It's nuts. But it was GREAT while it lasted. Got hundreds of thousands of miles from them. :)