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Buy AA miles for 1.72¢
Earning your miles by actually flying is soooooooo 2016. American Airlines is back with their monthly sale for points and they have what I think is a record low. Typically they sell miles, on discount, for around $0.02. They’ve knocked an almost 15%off that price. This isn’t targeted and is open to everyone who is interested. If you’re debating whether this is a good deal for you or not, I’d suggest reading our Monkey Miles Monday Memo on buying points, it may help you get a grasp on value buying. To put this deal into perspective, you can fly from the U.S. to Europe for 57,500 American miles – or with this deal – $991. That’s not shabby.
Here’s a look at the deal
Need some ideas?
How about 80k miles to Japan in Japan Airlines First Class…you can read Miles’ experience here. You can kick it Tokyo! May I recommend splurging on the World’s Best Sushi at Jiro dreams of sushi?
Or on Etihad in the First Apartment from Abu Dhabi to London for only 60k Miles.
Or From the States down to South America on American’s Own 777-300ER in business for 57.5k ( also featured)
You get the picture…you can buy your own points and fly like a Boss!
The Chase Sapphire Preferred is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based.
60k Points after $4k spend in 3 months
80k offer in branch currently – I think this should be online soon
Transferrable Chase Ultimate Rewards
Super solid welcome offer.
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.
- 3x on dining
- including eligible delivery services for takeout
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
- $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 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 Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
- Points are transferrable to 13 Ultimate Rewards partners
- Redeem in the Chase Travel center for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Primary rental car coverage is my favorite
There is currently an 80k offer after $4k spend in 3 months available in branch, and up to 90k after $6k spend in 6 months. I suspect some version of this will be online soon if you don’t want the hassle of going into a branch.
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 60k is a very, very good offer. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back. .
Cards that earn flexible points and should be used on the bulk of your purchases.
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.