The other day, American sent an email regarding their latest Buy AA miles promotion. You will get 30% bonus and 15% discount off the purchase price, if you make the purchase by noon on Thursday 5th of April. With the bonus & the discount, you can buy 52000 AAdvantage miles for $1035.13. The price of the mile is 2 cents.
The last time American Airlines run a promotion for buying AAdvantage miles the price was 2.2 cents per mile. The current offer thus is better.
Please note that you can only buy 40000 AAdvantage miles per calendar year. If you need to purchase more miles, I would suggest opening an account for an immediate family member. For ticketing purposes it would be better if you share the same last name.
Does it make sense to buy?
The same advice still applies that I gave during the January sale:
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
One of my favorite bright spots on AA’s award chart is the Europe to Middle East/Indian Sub-continent. It is 30K in business and 40K in first class for oneway travel. Now that Etihad is AA’s redemption partner this award has become more useful as Etihad has quite comprehensive coverage of the region. You could fly from Europe to Maldives in business class for 60000 AAdvantage award miles.
The Australia/New Zealand zone is good way to burn miles too as is the Europe. Both of these markets tend to be expensive unless you can plan your travel far in advance, or travel in the markets where there is competition from low cost carriers.
Here are the Terms and conditions of this offer:
Terms and Conditions: Transactions are nonrefundable and nonreversible. Please allow 72 hours for purchased AAdvantage® miles to post to the designated AAdvantage account. AAdvantage bonus miles will be posted 6-8 weeks following the transaction date. AAdvantage members must purchase 20,000 AAdvantage miles or more in a single transaction from the buyAAmiles® program or giftAAmilesSM program beginning 12:00 am CDT April 2, 2012, to 12:00 pm CDT April 5, 2012, to be eligible for the 15% discount. Discount applies only to mileage price and does not apply towards taxes or $30 transaction processing fee. AAdvantage members must purchase 20,000 AAdvantage miles or more in a single transaction from the buyAAmiles® program or giftAAmilesSM program beginning 12:00 am CDT April 2, 2012, to 11:59 pm CDT May 31, 2012, to be eligible for the 30% AAdvantage bonus mile offer. Bonus mile amount applies only to AAdvantage miles purchased and does not apply towards taxes or $30 transaction processing fee. The AAdvantage bonus miles will be posted to the purchasers’ AAdvantage account. buyAAmiles and giftAAmiles transactions are limited to a combined maximum of 40,000 miles per account, per calendar year. AAdvantage bonus miles earned do not count toward the 40,000 buyAAmiles and giftAAmiles annual limit. AAdvantage miles purchased or earned through this promotion do not count toward elite-status qualification or Million MilerSM status.