American Airlines has launched a new Buy & Gift AAdvantage Miles campaign with up to 120,000 bonus miles for purchases made between December 4th – January 4, 2018.
American Airlines upped a while back the number of miles that you can buy before any bonuses to 150,000 every calendar year. Remember that the account that buys or receives miles must be a minimum of 30 days old.
You can access this offer on AA’s website here.
Here’s the bonus schedule:
To get the maximum amount of points (120,000 Bonus) one has to purchase the full 150k AAdvantage miles, however if only a smaller amount of points is needed I find that purchasing 100,000 Miles and earning a 72% Bonus for a total of 172,000 AAdvantage miles to be decent enough.
Here’s the price for the full 150k purchase to max out the bonus levels:
The price of a mile purchased under this offer at the 150,000 level with 120,000 bonus miles is 1.77 cents each. The lowest price American Airlines sold miles earlier in the year was 1.72 cents each and their promotional prices vary depending on what kind of campaign they are running at the time, sometimes just bonus miles and occasionally paired with a discount.
This is about the lowest prices American Airlines sells its miles, although the absolute lowest price earlier this year was 1.72 cents each as mentioned above.
There have been some changes to the award levels to redeem AAdvantage miles and especially First Class awards on partners are somewhat unattractive now compared to before. This could still be a way to find a decent premium award ticket but keep in mind that even paid revenue fares have been very low this year so I’d check on the regular fares first. In any case the best option is always to purchase miles only if you have a short term or even better immediate use for them.
These are the Terms & Conditions for this current promotion:
Terms and conditions
AAdvantage members must purchase at least 10,000 AAdvantage miles or more in a single transaction from the Buy or Gift Miles program from 7:00:00am CT December 4, 2017 to 11:59:59pm CT January 4, 2018, to be eligible to earn bonus miles. The applicable bonus miles are awarded to the recipient for Gift Miles transactions. Bonus miles earned do not count toward the annual purchase 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 Platinum Pro, 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.