UFB Direct’s Mileage Checking and Mileage Savings Promotion
By MoneyRates team | Money-Rates Columnist
UFB Direct is running a strong promotion rewarding customers with American Airlines AAdvantage Miles for using their Mileage Checking and Mileage Savings accounts. The savings account has no minimum balance or fees, while the checking account has a minimum balance of $200 to avoid a $10 monthly fee. The interest rates paid on deposits is only 1% or below (depending upon the average monthly balance), however the low amount of interest earned is overcome withe the potential of hundreds of dollars of airline mile credits. UFB Direct limits the mileage award to 35,000 miles per rolling 12-month period or roughly the equivalent of one free domestic flight. Details of the UFB mileage accounts are listed below:
Mileage Checking
*Earn AAdvantage® miles for your everyday banking activities:
*Open and fund an account and you will earn 1,000 miles
*Sign up for Direct Deposit and earn 5,000 miles.
*Sign up for Online Bill Pay and earn 5,000 miles
*No monthly maintenance fees.
*Unlimited check writing.
*FDIC insured up to $100,000 per customer
*Online statement viewing with all transactions posted in real time
*Unlimited access to your account and reimbursement of ATM Fees per ATM Reimbursement Policy
MILEAGE AWARDS
Open Your Mileage Checking Account and your eligible for 1,000 AAdvantage Miles upon funding account with at least $200
You are eligible for 5,000 miles on 12 month anniversary of participating in bill pay service from your Mileage Checking Account
Direct deposit on mileage checking account and you’re eligible for 5,000 miles after 3 consecutive months of direct deposit activity
Mileage Savings
*Earn AAdvantage® miles for your everyday banking activities:
*Earn AAdvantage® miles when you open and fund your account.
*Sign up for Direct Deposit and earn 5,000 miles.
*Tiered interest rates to maximize your investment is available
*No monthly maintenance fee
*FDIC insured up to $100,000 per customer
*Online statement viewing with all transactions posted in real time
*All accounts come with an ATM card
*Unlimited access to your account and reimbursement of ATM Fees per ATM
*Transfers to your other accounts such as checking can be made with the click of a button
MILEAGE AWARDS
Open Your Mileage Savings Account and your eligible for 1,000 AAdvantage Miles upon funding account with at least $200
You are eligible for 5,000 miles on 12 month anniversary of participating in bill pay service from your Mileage Savings Account
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