Author Topic: Bank Direct AAdvantage Mileage Checking Account  (Read 25295 times)

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 20K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 20559
  • Total likes: 126
  • DansDeals.com Hat Tips 74
    • View Profile
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #90 on: May 09, 2011, 09:01:37 PM »
Bank Direct FAQs say you can fund with a credit card -

1) Does anyone know the limit?
2) Can you use AMEX or just Visa/MC?

TIA

IIRC most card issuers will consider it a cash advance.
PGF24BMGS

Offline rukiddingme

  • Dansdeals Gold Elite
  • ***
  • Join Date: May 2011
  • Posts: 106
  • Total likes: 10
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #91 on: May 10, 2011, 10:02:43 AM »
Yes, I'm pretty sure it will be a cash advance, but that's okay.

Do you know about limits or if they take amex?

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 20K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 20559
  • Total likes: 126
  • DansDeals.com Hat Tips 74
    • View Profile
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #92 on: May 10, 2011, 12:20:24 PM »
Do you know about limits or if they take amex?

I don't know. But a large cash advance with Amex can trigger an F/R...
PGF24BMGS

Offline ganizzy

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Mar 2010
  • Posts: 1060
  • Total likes: 2
  • DansDeals.com Hat Tips 2
    • View Profile
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #93 on: May 10, 2011, 03:51:03 PM »
if ur employer doesnt do direct pay, is there any way to do this?

Offline rukiddingme

  • Dansdeals Gold Elite
  • ***
  • Join Date: May 2011
  • Posts: 106
  • Total likes: 10
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #94 on: May 10, 2011, 07:25:05 PM »
You can't get the 10,000 miles for direct deposit, but you can get the other bonuses for using bill-pay and the check card.

Offline Yaalili

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jul 2009
  • Posts: 12108
  • Total likes: 232
  • DansDeals.com Hat Tips 150
  • Gender: Male
    • View Profile
  • Location: USA
  • Programs: Caesars Diamond, Hilton Diamond, Hyatt Explorist, IHG Platinum, Marriott Gold, MLife Gold, National Executive Elite, Radisson Gold, Rock Royalty Wild Card, Wyndham Diamond, DansDeals Lifetime 10K Presidential Platinum Elite.
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #95 on: May 10, 2011, 09:55:58 PM »
Is there a minimum amount of time that the account must remain open? Lets say i want to open it up, for all the bonuses and close it after like 3 months is that ok?

Offline smurf

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2010
  • Posts: 4394
  • Total likes: 2
  • DansDeals.com Hat Tips 8
    • View Profile
  • Location: NJ
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #96 on: May 10, 2011, 10:57:52 PM »
Is there a minimum amount of time that the account must remain open? Lets say i want to open it up, for all the bonuses and close it after like 3 months is that ok?
there is no point in doing that you'll only wind up with the 2k signup bonus the check card, direct deposit and bill pay bonuses are only after 1 yr. but really if you have money you want to earn tax free interest on this is still your best bet

Offline Yaalili

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jul 2009
  • Posts: 12108
  • Total likes: 232
  • DansDeals.com Hat Tips 150
  • Gender: Male
    • View Profile
  • Location: USA
  • Programs: Caesars Diamond, Hilton Diamond, Hyatt Explorist, IHG Platinum, Marriott Gold, MLife Gold, National Executive Elite, Radisson Gold, Rock Royalty Wild Card, Wyndham Diamond, DansDeals Lifetime 10K Presidential Platinum Elite.
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #97 on: May 10, 2011, 11:03:03 PM »
there is no point in doing that you'll only wind up with the 2k signup bonus the check card, direct deposit and bill pay bonuses are only after 1 yr. but really if you have money you want to earn tax free interest on this is still your best bet.

Their website says, the 5000 bonus miles for check card comes after just 3 months of usage...

Offline smurf

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Sep 2010
  • Posts: 4394
  • Total likes: 2
  • DansDeals.com Hat Tips 8
    • View Profile
  • Location: NJ
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #98 on: May 10, 2011, 11:05:25 PM »
Their website says, the 5000 bonus miles for check card comes after just 3 months of usage...
sorry i thought it was a year.
so i guess it will be 7k after 3 mos. but still why close the account? it's still a better deal then most banks interest rates

Offline Yaalili

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jul 2009
  • Posts: 12108
  • Total likes: 232
  • DansDeals.com Hat Tips 150
  • Gender: Male
    • View Profile
  • Location: USA
  • Programs: Caesars Diamond, Hilton Diamond, Hyatt Explorist, IHG Platinum, Marriott Gold, MLife Gold, National Executive Elite, Radisson Gold, Rock Royalty Wild Card, Wyndham Diamond, DansDeals Lifetime 10K Presidential Platinum Elite.
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #99 on: May 10, 2011, 11:08:05 PM »
sorry i thought it was a year.
so i guess it will be 7k after 3 mos. but still why close the account? it's still a better deal then most banks interest rates

Is it not possible to churn these accounts, and get the bonuses again?

Offline gozalim

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Oct 2008
  • Posts: 3076
  • Total likes: 35
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #100 on: May 10, 2011, 11:44:21 PM »
it's still a better deal then most banks interest rates
i've seen places that give 4%
http://www.depositaccounts.com/checking/reward-checking-accounts.html

Offline ganizzy

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Mar 2010
  • Posts: 1060
  • Total likes: 2
  • DansDeals.com Hat Tips 2
    • View Profile
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #101 on: May 11, 2011, 12:39:26 AM »
it says there is a fee if u close it before 3 months

the reason someone would close it, is if they dont have $2500 lying around

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 53412
  • Total likes: 2356
  • DansDeals.com Hat Tips 16441
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA Global Services, AA Lifetime Plat, DL Dirt, SPG Plat, Hyatt Diamond, Fairmont Lifetime Plat, Hilton Diamond, Priority Club Plat, Avis Chairman, National EE, Hertz PC
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #102 on: May 11, 2011, 12:43:02 AM »
i've seen places that give 4%
http://www.depositaccounts.com/checking/reward-checking-accounts.html
Sure, 4% for up to $10K with tons of hoops to jump through to open it and maintain that rate.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Yaalili

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jul 2009
  • Posts: 12108
  • Total likes: 232
  • DansDeals.com Hat Tips 150
  • Gender: Male
    • View Profile
  • Location: USA
  • Programs: Caesars Diamond, Hilton Diamond, Hyatt Explorist, IHG Platinum, Marriott Gold, MLife Gold, National Executive Elite, Radisson Gold, Rock Royalty Wild Card, Wyndham Diamond, DansDeals Lifetime 10K Presidential Platinum Elite.
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #103 on: May 11, 2011, 07:09:32 AM »
it says there is a fee if u close it before 3 months

the reason someone would close it, is if they dont have $2500 lying around

But after the 3 months can u close it, and open it again a month later?

Offline josh nyc

  • Dansdeals Gold Elite
  • ***
  • Join Date: Dec 2010
  • Posts: 189
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: nyc
Re: Bank Direct AAdvantage Mileage Checking Account
« Reply #104 on: May 16, 2011, 11:26:10 PM »
i just read through this thread and t&c on BD site and cant seem to find the answer - with bill pay bonus and visa check card bonus - what are the requirements? every month (as per Dan saying he has a set $1 payment) for how long? the entire year to receive the 5,000? thanks