This content is not provided or commissioned by American Express. Opinions expressed here are author's alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.
I got an email this morning that advertized “no fee” and a 50% bonus when sharing US Airways miles with someone through June 30th. If this were really the case, it would be a heck of a deal! However, “no fee” isn’t as good as it sounds at first.
Here are the details:
Limited time offer: Give a 50% bonus and skip the processing fee when you Share Miles!
Now through June 30, 2013, when you share miles, you won’t pay the processing fee. Plus, you’ll give 50% more – up to 25,000 bonus miles.
Sadly, it is just the processing fee of $30 that is waived, and not the roughly two cents per mile of other charges. That means that if you want to transfer 50,000 of your miles to a friend or family member they will get a total of 75,000 miles with the 50% bonus, and you will be hit with a $500+ charge for doing so….though the $30 processing fee will be waived.
US Airways had a really lucrative share miles promo last year, but sadly this one isn’t that great. I also think the wording on the title of the email that states “no fee when you share your miles” is a bit misleading. However, now you know the details and can make a decision accordingly. I’ll be passing on this deal and hoping a better one comes around at some point.