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Buy American Airlines miles for 1.8¢
I was emailed this morning regarding a great offer to buy American Airlines miles for 1.8¢. I’m racking my brain trying to think of a deal whereby miles could be purchased for much less and it doesn’t really get much better. What does this mean? If you’re looking at using American Airlines miles in the near future for a redemption and are short – this could be an opportune time. I never recommend buying miles speculatively, but if you’re actively planning a trip, then this could be a great time to pick up some miles on sale.
The maximum purchase is 150k + 115k bonus = 265k
That will set you back roughly $4800 or 1.8¢
I wrote a Monkey Miles Memo regarding the value of buying points
If you haven’t read it, and are questioning this premise it’s worth a look. I’d say that buying American Miles at $0.018 is a good opportunity for a point purchase to truly make sense. Either shore up your account, or see the outright space and purchase the entire load of points you need for that redemption. Let’s take a look at few of those instances below.
You can use miles to fly on American’s fantastic reverse herringbone products.
Like I did on the 777-200 from LHR to ORD – only 57,500 miles or $1035
Or on Japan Airlines First Class. 85k from the States to Japan or $1530.
You have until April 13, 2017
- Must purchase at least 6,000 miles
- End 11:59:59 pm CT on April 13, 2017
- Only redeemable miles, no EQM
- Max is 150k
Chase Sapphire Preferred
****ALL TIME HIGH 100k OFFER!****
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 100k 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 everywhere else (beginning 8/16/21)
♥3x on dining, including eligible delivery services, takeout and dining out (previously 2x – beginning 8/16/21)
♥3x on select streaming (beginning 8/16/21)
♥ 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs -(beginning 8/16/21)
♥ $50 Annual Credit on hotel stays purchased via Ultimate Rewards. *New cardmembers can get this credit immediately – existing cardmembers get it after anniversary (beginning 8/16/21)
♥ 10% Anniversary Point Bonus. Spend $10k in a year, get 1k bonus points. (beginning 8/16/21)
Learn more
not too long ago, the annual limit on miles purchase is 60 K miles. they (AA) have shifted how they make $ off the miles game.
Any idea if using the Aviator Red would benefit beyond the initial spend?
Cathy – I’m not really sure I understand the question – Since this purchase would be brokered through the AA website and not a 3rd party like points.com you would get 2x bonus on AA purchases. Does that answer your question?