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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
Chase Sapphire Preferred® Card
A Monkey Miles favorite for beginners and point pros alike – a staple of our wallet that earns Premium transferrable Ultimate Rewards. $95 annual fee
♥ Earn 60k Bonus Points after $4k Spend in 3 months
♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel
♥5x on travel purchased via Chase Travel and 2x on all other travel purchases, plus more.
♥3x on dining, including eligible delivery services, takeout and dining out
♥3x on select streaming
♥ 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs
♥ $50 Annual Credit on hotel stays purchased via Ultimate Rewards. *New cardmembers can get this credit immediately – existing cardmembers get it after anniversary
♥ 10% Anniversary Point Bonus. Spend $10k in a year, get 1k bonus points.
Are there deals like these for Canadian airlines? For example Air Canada or WestJet .
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!
If they go down 2 cents more they will be worth something 🙂
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.