Personally, I am not a huge fan of buying miles from the airlines. I don’t think that it makes sense most of the time. I have, however, bought US Airways Dividend miles when they have had a sale, and used miles + cash option when booking premium international awards using BMI miles that is essentially buying miles.
American Airlines has recently been pushing miles sales more aggressively than in the past. It must be a good way to get cash in now in exchange for award travel on AA or partner metal some later date. Last December American run a similar miles sale. You can buy maximum 40000 AAdvantage miles per year per account. Bonus miles do not count toward this limit.
Right now you can buy 55000 miles (40000 + 15000 bonus) for $1100 ($1212.50 after $30 transaction fee + taxes). This comes to 2.2 cents per mile.
When it makes sense to buy miles?
- Short on miles for premium international flight award on partner airlines
- Oneway travel in markets where OW fares are expensive
- Travel that requires flexibility as award tickets can be changed/canceled for a fee/without fee almost like flexible tickets [click to continue…]