Buy AA Miles This Fall and Receive a Bonus and Discount

Oct 14, 2015

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

American Airlines is offering another opportunity to purchase miles with a bonus this fall — this time, you can get both a bonus and a discount when you buy miles from now through November 13, 2015. The bonus is offered in tiers, with the largest bonus available only if you buy 100,000 miles or more. The 10% discount will apply to all purchases of 20,000 miles or more, however. AA offered a similar promotion this summer with tiered discounts, rather than a bonus promotion.

The offer is good through through November 13, 2015, and breaks down as follows:

Buy/Gift Bonus Miles + Discount
20,000 – 39,000
7,000 + 10% off
40,000 – 59,000
13,000 + 10% off
60,000 – 79,000
20,000 + 10% off
80,000 – 99,000
30,000 + 10% off
35,000 + 10% off

To participate in the promotion, you’ll have to buy at least 20,000 miles before the bonus, which will cost $600.83 after taxes and fees. If you’re interested in earning the full bonus of 35,000 miles, you’ll have to purchase 100,000 miles for $2,884.13 with taxes and fees, which works out to roughly 2.14 cents per mile, but there’s a slightly more appealing tier (which I’ll go over below). American allows AAdvantage members to purchase up to 125,000 miles per calendar year, although bonus miles do not count towards this limit. Moreover, your AAdvantage account must be more than 30 days old to buy or gift miles.

This promotion is available until November 13.
This promotion is available until November 13.

Is it Worth it?

TPG currently values Advantage miles at 1.7 cents per mile. If you’re earning from the top tier, you’ll pay about 2.14 cents per mile in value, which generally isn’t a fantastic deal. Alternatively, if you’re on the lower end of the spectrum, you’ll pay even more, at 2.22 cents per mile. However, you’ll get the best deal by purchasing 80,000 miles — you’ll end up with 110,000 miles for $2,313, which works out to 2.1 cents per mile.

Cathay Pacific First Class Featured
A Cathay first-class seat.

With that said, if you go for the top tier, you’ll have enough miles to book a round-trip award flight in first class to almost anywhere, including a first-class experience on Cathay Pacific to Hong Kong. Usually that ticket would cost more than $25,000 round-trip if you’re paying cash, but with these miles, you could secure that for under $3,000 — if you can find availability.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.