American Airlines has long offered the ability to transfer miles between AAdvantage accounts. This is NOT cheap as American charges 1 cent per transferred mile + then there is a processing fee of $30 per transaction and some taxes as well.
Now, American Airlines has a bonus offer to give some extra miles depending how much you transfer, but still doesn’t make any sense unless you need a small number of miles for an expensive business or first class award.
Let’s have a look if I transfer the maximum number of allowed miles (25K) between my family members. They would deduct 25K miles from my account, the taxes and fees would be $298.75, and my family member would receive the 25K miles + 5K bonus miles from American Airlines.
If I had done this, I would have paid American close to 6 cents per mile. This is horrible value. Only even consider this option, if you desperately need a small amount of miles for that international premium class award.
Here are the Terms and conditions of this offer:
shareAAmiles® Terms and Conditions: Transactions are nonreversible and nonrefundable. Please allow 3 business days for transferred AAdvantage® miles to post to the designated AAdvantage account. Members must transfer 1,000-25,000 miles in a single transaction through the shareAAmiles® program beginning 12:00 am CDT June 1, 2012, until 11:59 pm CDT June 30, 2012, to be eligible for the bonus miles. Members who transfer between 1,000 and 5,000 miles will earn 10% bonus miles. Members who transfer between 6,000 and 10,000 will earn 15% bonus miles. Members who transfer between 11,000 and 25,000 will earn 20% bonus miles. Please allow 5 business days for the bonus miles to post to the account of the member who transfers the miles. Members may transfer up to 100,000 AAdvantage miles (in increments of 1,000-25,000 AAdvantage miles) and receive up to 100,000 miles (in increments of 1,000-25,000 AAdvantage miles) per AAdvantage account, per calendar year. AAdvantage bonus miles earned do not count toward the 100,000 shareAAmiles annual limit. AAdvantage miles transferred do not count toward elite-status qualification or Million MilerSM status.