American Airlines AAdvantage has launched a new campaign to purchase miles with up to 42,500 miles bonus plus 10% discount on the price through February 8th, 2019.
American Airlines upped a while back the number of miles that you can buy before any bonuses to 150,000 every calendar year. The account that buys or receives the miles must have been open for minimum of 30 days.
You can access this offer on AA’s website here.
Here’s the bonus schedule:
The price of a mile purchased under this offer at the 100,000 miles level (to maximize the bonus) and 10% off is 2.03 US cents each.
Considering the lowest price that American has sold its miles in 2017 and 2018 has been 1.72 cents each this isn’t such a great deal.
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 spring sales for miles & points so I’d imagine that there will be a much better offer coming up at one point.
Here are the Terms and Conditions of this offer:
To be eligible for the bonus miles AAdvantage members must purchase at least 20,000 AAdvantage miles or more in a single transaction from the Buy or Gift Miles program beginning 7:00:00 am CT on February 1, 2019 to 11:59:59 pm CT February 17, 2019 to be eligible for bonus miles (purchase 20,000 miles or more by midnight CT on February 8th to receive a 10% discount on the mileage cost). 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 discount applies to the AAdvantage miles purchased and does not apply towards taxes or the $35 transaction processing fee.
Transactions are nonrefundable and nonreversible. The miles successfully purchased 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. 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. 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.