This is one I get asked every few weeks…
“MileNerd, where should I deposit (insert large dollar amount) to earn miles?”
My main 2 answers for you rich people have been the same for a while:
- Fidelity – American Airlines here, United here, and Delta.
- Deposit $100,000 and pick up 50,000 miles.
- People have been churning these bonuses every 12 months.
- Keep the money in your account 9 months from receiving the bonus.
- Can transfer the assets from another bank/brokerage.
- BankDirect – Mileage Checking With Interest
- 1,000 American miles to open the account.
- Every month you get 100 miles per $1,000 deposited. This is up to $50,000.
- You also get 25 miles for every $1,000 over $50,000.
- One-time bonuses of 5,000 to 10,000 miles for using your debit card, bill payments, and direct deposit.
Those are usually the options I recommend. When Citibank checking bonuses hit 50,000, I like and post those offers too.
