This is just a reminder post how terrible these American Airlines ShareMiles promotions are.
The airline has been emailing today about promotion of 5,000 bonus miles and 30% discount for sharing AAdvantage miles until September 30th.
You can access this offer on AA’s website here.
The bonus miles and discount amounts are dependent of the number of miles that you share:
The price of sharing 50,000 miles and getting 5,000 bonus miles:
Essentially you are paying close to a cent per mile to move them from account A to B and then account A get’s maximum of 5,000 bonus.
During the sales, you can buy miles for less than 2 cents each. Transferring miles between accounts and paying American Airlines for the privilege of doing so rarely makes any sense. Stay away!
Here are the terms and conditions of this offer:
AAdvantage members must complete a share transaction beginning 7:00am CT September 9, 2015, to 11:59:59pm CT September 30, 2015 to be eligible for a discount and bonus miles. Discount applies to the mileage transfer cost and does not apply toward the $20 transaction processing charge. The applicable bonus miles awarded are shown beside each mileage increment in the mileage selection drop-down box. Bonus miles are awarded to the recipient. Bonus miles earned do not count toward the annual limits.
Transactions are nonrefundable and nonreversible. The miles successfully purchased will post to the designated account immediately. Prices are in U.S. dollars and do not include applicable taxes or $20 per transaction processing charge. AAdvantage accounts less than 30 days old are not permitted to Share miles. Each AAdvantage member is limited to sharing or receiving, in a calendar year, a combined total of no more than two-hundred thousand (200,000) AAdvantage miles. The miles transferred with the Share Miles program do not count towards AAdvantage Gold, AAdvantage Platinum, AAdvantage Executive Platinum or AAdvantage Million MilerSM status qualification. A confirmation email will be sent to the primary Sharer and recipient using the email address associated with the AAdvantage account and any additional email address provided.