#12: Banking Miles
Not everyone has excellent credit to be applying for credit cards. Alot of people have taken financial hits during the recession, and credit card churning and app parties are just not an option. Thankfully, there are debit cards that are excellent substitutes. While their sign-up bonuses are minuscule in comparison, you can earn the standard 1 mile per $1 spent that most credit cards offer.
For bigger bonuses, some banks offer miles for opening and funding checking accounts. Below is a list of all offers that I’m aware of.
❑ UFB Direct Airline Rewards Checking (AAdvantage Miles)
- 1,000 bonus miles for direct depositing $1,000 or more in a calendar months.
- 0.5 miles per $1 on all purchases (includes debit transactions)
- Unlimited ATM reimbursements
- 0.5 miles per $1 on all purchases (excludes debit transactions).
- Funds deducted from your checking account.
- Earn up to 10 additional HawaiianMiles per dollar when you use your Hawaiian Airlines Visa Check Card at any participating HawaiianMiles XtraMiles Partner on qualified purchases.
- Monthly fee of $3 per card.
❑ Checking Accounts
- 1,000 AAdvantage miles for opening a Mileage Checking with Interest account.
- 10,000 miles for receiving direct deposits for 6 consecutive statement cycles, totaling at least $2,000 per month.
- 5,000 miles for using online bill pay to pay three different payees a total of $500 a month for 6 consecutive statement cycles.
- 5,000 miles for using the BankDirect Visa CheckCard for at least 12 transactions totaling $500 per month for 6 consecutive statement cycles.
- 25 or 100 miles per $1,000 earned each month, depending on your balance.
- 1,000 miles for yourself and a friend, when you use a referral link.
Note: If you’d like to be referred for a BankDirect AAdvantage checking account, you can ask for one on this Flyertalk forum.
❑ Citi Gold Checking Account. Occasionally, Citi will send out targeted offers for opening a checking account. The miles offered are usually around 20,000-30,000 AAdvantage miles. Unfortunately, Citi does send out 1099’s for the value of these miles, so proceed at your own risk.
Do you know of any other mile-earning debit cards, and checking account sign-up bonuses? I’d love to hear about them. Please comment below.