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Buy American Airlines miles for under $0.02
Almost every month American Airlines puts their miles on “sale” with some sort of bonus that effectively reduces the per point price to around $0.02 – usually a little over. However, this month, they just flat out put them on sale. This is a great deal for folks who aren’t looking to drop nearly $5000 on points ( I mean, that’s A LOT of cash.) to reduce the per point price to $0.02. With this deal you can incrementally buy points to earn a bigger discount, maxing out at 40% off the retail price. This means that you can buy American Airlines miles for under $0.02 – $0.0192 to be exact.
The Deal:
$2884.13 including tax to buy 150k Miles
Let’s take a look at a few different premium redemption options that you’re effectively buying at a huge discount off retail. Beware…you may end up feeling like a BOSS
U.S. to Japan on Japan Airlines First Class 80k or Business Class for 60k. That’s $1536 or $1152 for incredible products that would normally cost you $5-10k. They also serve $400 a bottle champagne. Trust me…it makes the ride MUCH smoother 😉 BYAH!
Or fly to the Middle East or India…maybe even the Maldives for 115k on the Etihad First Class Apartment. 115k Miles or $2208. Why fly in a seat when you can fly in an APARTMENT! Say what?! This flight can easily cost $20k+
Or keep it simple and Fly on American’s 777-300ER from the U.S. to Europe for 57,500 miles. That’s only $1104 to fly biz to Europe. Although I will admit finding availability is quite cumbersome, but is possible. It is a fantastic product!
Or Perhaps fly Cathay Pacific Business Class to Asia for 70k miles. $1344 to buy a splendid ride where you will lie-flat and be tended to like an heir to the throne.
Feeling more like wearing the crown yourself? You can up your game and drop 110k Miles to fly in Cathay’s First Class
My mom not only swam in the seat…she did laps in Krug champagne. Now that’s a birthday treat!
If you’re interested… here are the terms and conditions
- Purchase by 11:59:59 CT on May 31, 2017
- Miles don’t count towards Elite status
- Purchased miles are capped at 150k a year
- Your account must be open for longer than 30days
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.