Bask Bank Drops Rates on Cash-Interest Savings Account. Are Earning Miles More Attractive Now?

Bask Bank is best known as the bank that offers an innovative AAdvantage®-mile-earning savings account. Since launching a new traditional cash-interest savings account in 2021, Bask led the way in increasing interest rates. However, today, Bask dropped the earning rate to 3.90% APY due to the recent Federal Reserve interest rate drop. That makes 1.75 AAdvantage® mile per $1 saved per year even more attractive. Here's a breakdown of your options.