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Update: Jan 11, 2023: Rate is now 4.15% APY on the Bask Interest Savings Account and 2 miles per dollar in the Bask Mileage Savings Account.

Bask Bank has definitely been keeping up with the rate changes on their Interest Savings Account. They have one of the best yields around.

Just as I started working on a new comparison between cash parked in their Interest Savings Account vs. their Mileage Savings Account, they go and raise the mileage interest rate *again*.

In August they’d raised it to 1.2 miles per dollar.

Now they will give you 1.5 miles per dollar for every dollar on deposit yearly. $10,000 invested in the Mileage Savings Account for a year would now earn 15,000 miles.

bask bank 1.5 miles interest

This is great news as I’d hoped they would keep increasing rates on both sides as the Fed Funds rate rises.

American Airlines Credit CardWith a new Citi / AAdvantage Platinum Select World Elite Mastercard you'll get 50,000 AAdvantage miles when you spend $2,500 in your first 3 months. AAdvantage miles are great for booking partner awards on Oneworld airlines like British Airways and Qatar's QSuites. | How to apply for this offer.


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You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards

New to all of this? My “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.

I got "in the game" in 2003 and since then I've collected literally millions and millions of frequent flyer miles and hotel points. I've flown around the world in first class seats that would cost $29,000 using frequent flyer miles and a few bucks in tax. And I've stayed in some of the finest hotels - all for free! A few years ago I realized many of my friends actually thought I was paying for these!! So I started sharing my tips. It's long been a passion, but when I hosted a session on Miles and Points at the South by Southwest festival, my love of the game intensified and this blog was born.


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