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Buy American Airlines miles for under $0.02

a row of seats in an airplane

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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:

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$2884.13 including tax to buy 150k Miles

Screen Shot 2017-05-05 at 7.31.55 AM 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!

Japan Airlines First Class NRT-ORD - 27 of 139

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+

Etihad First Class Apartment AUH to LHR - 3 of 65

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!

American Business Class Mini Cabin - 1 of 33

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.

Cathay Pacific Business Class 777-300ER Boston to Hong Kong - 7 of 49

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

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Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Chase Sapphire Preferred® Card


The Chase Sapphire Preferred® Card went through a major refresh in 2026 adding new bonus categories, travel protections, statement credits, and remains one of the best travel starter cards in the market.  It earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott. Note that Hyatt is now a 4:3 transfer partner

Welcome Offer

Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening 

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

Earn

  • 5x on all travel purchased through Chase Travelâ„ 
  • NEW ACCELERATED EARN CATEGORY: 3x points on gas and EV charging
  • NEW ACCELERATED EARN CATEGORY: 3x points on vacation homes at top brands
    • Cardmembers will earn 3x points on vacation homes at these top brands: Airbnb, Vrbo, Plu Guide, HomeAway, Homestay.com and Vacasa.
  • 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)
  • 2x on all other travel
  • 1x on everyday purchases
  • 5x points on Lyft rides Earn 5x total points on eligible Lyft rides including ride share, bike and scooter rides and subscription and membership products through September 30, 2027.
  • 5x total points on Peloton equipment Earn 5x total points on eligible Peloton equipment and accessory purchases over $150 through December 31, 2027.

Benefits and Credits

  • $100 Annual Chase Travel Hotel Credit via Chase Travelâ„ 
  • NEW: $120 Global Entry, TSA PreCheck or NEXUS fee credit Cardmembers will receive one statement credit of up to $120 every four years as reimbursement for the application fee charged to the card.
  • NEW: Complimentary Apple TV subscription for one year
  • Points are transferrable to 14 Ultimate Rewards partners
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders

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® Card is great 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: Chase Ink Business Cash® ,  Chase Ink Business Unlimited® you can combine the points into the Sapphire Preferred account and transfer into hotel and airline partners

Annual fee remains quite low at $95 a year and if you use the $100 Annual Chase Travel Hotel Credit via Chase Travelâ„  you’ll wipe out that annual fee every year.  It has great bonus categories and other useful statement credits to enhance your travel.

One thing that is a bummer is Chase lowered the transfer ratio to World of Hyatt from 1:1 to 4:3. 

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.

7 Comments

  • […] have enough AA Miles? AA is currently having a sale. Or you could use Alaska Air miles…just 50k! They’re having a big sale on purchased […]

  • […] Buy American Airlines miles for under $0.02 […]

  • Danny May 6, 2017

    Are there deals like these for Canadian airlines? For example Air Canada or WestJet .

    • Miles May 6, 2017

      Hey Danny – currently there aren’t any that I’m aware of, but that doesn’t mean they won’t offer something in the future. AA seemingly offers some sort of deal to purchase miles every month or two. Alaska offers something once a quarter. United…every few months. Thanks for reading!

  • chris May 5, 2017

    If they go down 2 cents more they will be worth something 🙂

  • Ben O May 5, 2017

    Don’t they offer a deal every year at .018 cents per mile? Maybe better to wait a bit also a bit dangerous to buy speculatively if you don’t have an immediate need.

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