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This is just about as good as it gets for AA miles.
American Airlines puts their miles on sale just about every month. In fact, I can’t recall a month this year when they didn’t put them on sale. But now, they’ve put their sale miles on sale for Thanksgiving weekend and you’ve got a couple more days to take aadvantage of this sale inside of a sale. Personally, I wish that they would have done one more sale, and done a sale inside a sale inside a sale, and done a little co-brand with Chris Nolan’s Inception. A boy and his monkey can only wish… Let’s take a look at how you can drop almost $5k on American miles at roughly 1.77 cents a pop.
The sale is a sale inside a sale – netting an additional 20% bonus
270k miles would cost you $4,786.88…1.77 cents per mile.
This provides some great opportunities to buy business class tickets: Assuming you can find avail.
US —-> Europe is 57,500 —–> $1019
US—–> Japan & Asia 1 is 60k —–> $1,063
US—–> Asia2 is 70k —–> $1,241
If you have a co-branded AA card that gives you 10% back it yields even better value
( Barclay Aviator Red, Citi Platinums, Citi Exec )
US —-> Europe is 57,500 —–>
US—–> Japan & Asia 1 is 60k —–>
US—–> Asia2 is 70k —–>
Gary Leff has written an article where he illustrates a tax rule that allows you to get the taxes back on miles redeemed for foreign carriers. That would reduce the price per mile to 1.65 cents.
Assuming you have a co-branded card and haven’t exhausted the 10k annual maximum refund, you could fly Cathay Pacific business class for $1039 each way from the States to anywhere in Asia. That’s a great deal.
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A Monkey Miles favorite for beginners and point pros alike because it earns very valuable points in both dining and travel. Enjoy an all time high sign up bonus as well!
♥ Earn 60k Bonus Points after $4k Spend in 3 months
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