The other day, American sent an email regarding their latest Buy AA miles promotion. You will get 30% bonus and 15% discount off the purchase price, if you make the purchase by noon on Thursday 5th of April. With the bonus & the discount, you can buy 52000 AAdvantage miles for $1035.13. The price of the mile is 2 cents.
The last time American Airlines run a promotion for buying AAdvantage miles the price was 2.2 cents per mile. The current offer thus is better.
Please note that you can only buy 40000 AAdvantage miles per calendar year. If you need to purchase more miles, I would suggest opening an account for an immediate family member. For ticketing purposes it would be better if you share the same last name.
Does it make sense to buy?
The same advice still applies that I gave during the January sale:
When it makes sense to buy miles?
- Short on miles for premium international flight award on partner airlines
- Oneway travel in markets where OW fares are expensive
- Travel that requires flexibility as award tickets can be changed/canceled for a fee/without fee almost like flexible tickets
One of my favorite bright spots on AA’s award chart is the Europe to Middle East/Indian Sub-continent. It is 30K in business and 40K in first class for oneway travel. Now that Etihad is AA’s redemption partner this award has become more useful as Etihad has quite comprehensive coverage of the region. You could fly from Europe to Maldives in business class for 60000 AAdvantage award miles.
The Australia/New Zealand zone is good way to burn miles too as is the Europe. Both of these markets tend to be expensive unless you can plan your travel far in advance, or travel in the markets where there is competition from low cost carriers.
Here are the Terms and conditions of this offer: