There are just six days left for the current buy & gift AAdvantage miles campaign that offers up to a 77% bonus for purchases made until April 13, 2017, plus AAdvantage also offers 30% off sharing miles.
Sharing miles makes very little sense in most cases unless there is a very generous bonus involved but the buy miles bonus of up to 77% can be very useful if you plan for a specific award.
American Airlines has offered these promotions in a more frequent fashion since their merger with U.S. Airways, whose program was well known for very generous (notorious) mileage sales, though the American AAdvantage miles are considerably more expensive now, and the award chart has been modified as well.
John wrote an initial article about this promotion last month (access here).
Remember that the account that buys or receives miles has to be a minimum of 30 days old before purchases can be made.
You can access this offer on AA’s website here.
Here is the bonus schedule for this promotion:
The price of a mile purchased under this offer at the 150,000 threshold which offers the 115,000 bonus miles is 1.81 cents each. The lowest price American Airlines sold miles last year was 1.72 cents each.
Sharing AAdvantage Miles isn’t cheap and makes very little to no sense except in cases where you have an account with dormant miles that you can use to issue an award somewhere else for example.
This is actually one of the better offers as of late and allows one to purchase up to 265,000 AAdvantage miles with the bonus. However, I would only make such a large purchase if you have specific plans for booking an award in the near future, especially if availability is there at the moment.
Engaging in the Share Miles offer makes little to no sense unless you want to clear out an account for which there is really no use anymore and you can justify the costs associated with it.
Here are the terms and conditions of this offer:
AAdvantage members must purchase at least 6,000 AAdvantage miles or more in a single transaction from the Buy or Gift Miles program beginning 7:00:00am CT on March 21, 2017 to 11:59:59 pm CT April 13, 2017, to be eligible for bonus miles. The applicable bonus miles are awarded to the recipient for Gift Miles transactions. The bonus miles earned are calculated based on each individual purchase amount and the corresponding bonus award. Bonus miles earned do not count toward the annual limits.
The miles purchased with the Buy Miles program and received with the Gift Miles program do not count towards AAdvantage Gold, AAdvantage Platinum, AAdvantage Executive Platinum or AAdvantage Million MilerSM status qualification. Transactions are nonrefundable and nonreversible. The miles successfully purchased or transferred usually post to the designated account right away, but please allow up to 8 hours for processing. Each AAdvantage member is limited to purchasing or receiving in a calendar year, a combined total of no more than 150,000 AAdvantage miles. Miles purchased through the Buy Miles program or received as a gift through the Gift Miles program count against this total. A confirmation email will be sent to the primary buyer/gifter and/or recipient, using the email address(es) associated with the AAdvantage account(s) and any additional email address provided. AAdvantage accounts less than 30 days old are not permitted to Buy or Gift Miles. The price of your purchase is in U.S. dollars. Your credit card company may add a currency conversion fee.