American Airlines current buy & gift AAdvantage Miles campaign at up to 42.5% bonus will come to an end on November 2, 2018 which means there are only four days left for those intending to buy miles.
American Airlines has previously increased the number of miles that you can buy before any bonuses to 150,000 per calendar year with the restriction that the account that buys or receives the miles must have been open for minimum of 30 days.
This promotion had an early participation bonus of an additional 10% off the purchase price but that one expired on October 8th so at this point only the 42.5% bonus is left if you buy a minimum of 100k miles.
You can access this offer on AA’s website here.
Here is the bonus schedule that shows that different bonus thresholds how to purchase miles:
The price of a mile purchased under this offer at the 100,000 miles level (to maximize the bonus) is 2.24 cents per mile after applicable tax and processing fees.
The lowest price that American has sold its miles in 2017 and 2018 has been 1.72 cents each so this offer isn’t particularly attractive.
I would hold off on purchasing any points at this given time unless you have a pressing need to top up your account immediately. Historically there are some very popular thanksgiving sales for miles & points so I’d imagine that there will be a much better offer in mid / late November as Thanksgiving is on November 22nd. There should be a new promotion out in a few weeks time if not a back to back offer.
Here are the terms and conditions of this offer:
To be eligible for a the bonus miles AAdvantage members must purchase 20,000 AAdvantage miles or more in a single transaction from the Buy or Gift Miles program beginning 12:00:00am CT on October 1, 2018 to 11:59:59pm CT on November 2, 2018. To be eligible to earn an extra 10% discount AAdvantage members must purchase by 11:59:59pm CT on October 8, 2018. The prices shown will include an applicable discount. The applicable discount applies to the AAdvantage miles purchased and does not apply towards taxes or the $35 transaction processing fee. 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 purchase limits. The applicable bonus miles are awarded to the recipient for Gift Miles transactions.
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. Prices are in U.S. dollars and do not include applicable taxes or $35 per transaction processing charge. The promotion, pricing and/or fee to Buy, Gift or Share Miles is subject to change without notice. Your credit card company may add a currency conversion fee.