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Last Day: Up to 100k Bonus AA miles when you buy or gift miles.
This deal has been running since the beginning of June and expires today at 11:59:59 CT. Originally the deal included another 10% discount, but that offer expired on July 8th. Buying miles is completely is something that I recommend when there is immediate utility for the miles. It’s typically not prudent, nor something I’d recommend, if you’re just looking to stockpile. Devaluations can happen very quickly as we’ve seen in the past. However, if you need extra miles to make a trip happen, and you see space available this could be a great opportunity to buy and get up to a 100k bonus AA miles.
The Deal:
It is a graduated chart that looks like this: click the chart for the page to see the exact cost at every point level.
The price per points ranges
Best deal is to buy the most – Mileage man commented that I had forgotten taxes…SO I updated thanks to him. Thank you!
- Buy 150k get 250k = $0.0191/mile
$0.0191 per mile is pretty good deal. If you were to use this to buy business class tickets at 57,500 you’d be outright paying $1100.98 each way. That’s without the 10% discount on miles that you’d save as well if you had a cobranded card like the Barclay Aviator, Citi Platinum AA, or Citi Executive card. That’s not a bad deal at all. Are there better deals out there? Yes from time to time biz will drop below $2k or even $1500, but I’d say you’d only want to buy these points if you knew you had a specific redemption in mind. If you can’t buy the tickets for cheaper than $1100.98 each way…buy the points.
In case you’re wondering what American’s business class product is like on their 777-300ER check out my reviews
Or on the A321 Transcon
Or American’s Old 1st Class
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.
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