American is offering up to a 30% bonus on the purchase of AAdvantage miles through December 31, 2013. The bonuses are tiered and based on the number of miles purchased, as follows:

AAdvantage-Bonus-Miles

So if you max out the promotion you’re looking at purchasing a total of 78,000 AAdvantage miles (comprised of 60,000 miles — the annual cap on mileage purchases per account — plus an 18,000 mile bonus) for $1,808.75. That’s ~2.32 cents per mile.

AAdvantage-Bonus-Miles1

Certainly not a rate at which I’d speculatively purchase miles, but at the same time if you have a specific use in mind this could make sense.

Mileage purchases usually take 1-2 days to post, though American allows five day award holds, which means it’s possible to hold something “risk free” while the miles post. Also keep in mind these purchases are processed by points.com, so wouldn’t count as airfare spend for the purposes of your credit card.

(Tip of the hat to Apurva)

  1. November 22nd, 2013 at 7:23 am

    Simon said,

    I know it’s only a matter of time before an AA devaluation, but doesn’t a sale like this signal that the devaluation won’t be for a little while? It would be really bad PR and shady business practice to immediately devaluation the miles right after a sale, no?

  2. November 22nd, 2013 at 6:45 pm

    Steve said,

    If the option is there you’d be better off buying US miles and then convert in March/April next year!

  3. November 22nd, 2013 at 9:25 pm

    lucky said,

    @ Simon — I wouldn’t read into this too much. We’ve seen a countless number of mileage sales, only to weeks later see a devaluation, so I wouldn’t draw any conclusions.

  4. November 23rd, 2013 at 9:32 am

    30% Bonus on Purchased American AAdvantage Miles Through December 31 - View from the Wing - View from the Wing said,

    […] (HT: Lucky) […]

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