
Mileage
Money Market Account
You can earn 1000 miles today for opening a Mileage Money Market Account at
BankDirect.
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With a minimum deposit of $500.00, you can open a Mileage Money Market Account
(MMA) and start earning miles. The Mileage Money Market Account provides you
with the liquidity and convenience of a checking account, plus you earn
interest and American AAdvantage miles. (See MMA Transaction Limitations
below.)
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$500.00 minimum opening balance
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Interest compounded (credit method) daily
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Interest paid on collected balances of $500.00 and greater
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MMA Transaction Limitations: Six (6) transactions per month, three (3) of which
can be withdrawals (check, draft, debit card or similar - including POS
transactions - made by the depositor and payable to third parties)
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There will be a $10.00 fee per transaction for excess transactions
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First order of checks free (50-pack)
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Free ATM card upon request
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Four (4) reimbursed ATM withdrawals per statement cycle (up to $2.50 per
transaction)
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Unlimited ATM withdrawals without penalty (ATM withdrawals do not count against
the six transaction limit)
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Earn 1000 miles for opening a Mileage MMA
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Earn 50 miles per month for every $1000.00 of the collected balance in your Mileage
MMA account
Due to the transaction limitations noted above, Online Bill Pay and debit cards
are not available to Money Market Account holders.
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