Well, it was bound to happen. While Bask Bank lowered the interest rate on its high-yield savings account a week or two ago, it kept the earning rate on its mileage account the same at 2 American Airlines miles per every $1 saved annually.
But starting tomorrow, October 1, 2025, Bask Bank just announced that it will decreasing the milage earnings to 1.75 miles per $1 saved annually. Here’s what looks like:
- For $10,000 in your savings account, you’ll now earn 17,500 AA miles per year (compared to 20,000 AA miles previously)
- For $25,000 in your savings account, you’ll now earn 43,750 AA miles per year (compared to 50,000 AA miles previously)
- For $50,000 in your savings account, you’ll now earn 87,500 AA miles per year (compared to 100,000 AA miles previously)
While I hate to see any reduction in miles earned, this isn’t so bad and I’ll keep using this account as my primary savings account.
Will this affect how you use the Bask Bank Mileage Savings Account?
