From May 14 to June 12, 2015, you can earn up to 50,000 bonus miles when you buy AAdvantage miles from American Airlines. I received the email yesterday, but such offers come and go frequently.
These are not just 50,000 bonus miles, you have to spend a lot to get them. But, it might make sense if you need the points now. Here are the options offered for purchasing miles:
So the best option available is the last one. If you buy 90,000 miles, you will receive 50,000 bonus miles, almost 56% more than what you’re paying for. But 90,000 miles will cost you about $2,880, with taxes and fees. Divide that by the 140,000 total miles that you get, and that gives a price of slightly less that 2.06¢ per mile. That is not a great deal, but if you need to purchase a ticket right now, and you don’t have enough miles, then it is the way to go.
This deal can get better if you need to spend money for a a credit card bonus, or if you use a card that can give you 2-3% back on such a large purchase. Citi ThankYou Premier Card will give you 3x TY points (8640 points) and American Express Premier Rewards Gold gives you 3x MR points. If you prefer AA miles than you can go with your Citi AAdvantage Platinum Select card and you’ll receive 2x miles on the purchase.
Let us know if you plan on using any other cards, or where you plan to use the points if you;re thinking of going for this AA offer.