I’m still trying to sift through all of the details of the Delta promotion, and won’t be pulling the trigger on anything for at least another week, since we seem to have more and more ideas by the day.
View from the Wing has several good ideas for the promo, which he blogs about. My issue is that I don’t have a lot of Delta miles to start with, since I don’t really find their miles to be worth a whole lot. My mom has 23,000 and I have about 3,000, so here’s the plan:
Transfer about 70,000 AMEX Membership Rewards points to my mom’s Delta account, which already has 23,000 miles. Right now there’s a promo good through December 31 for a 30% bonus on transferred points. Also, I hope I’m reading the T&C’s correctly regarding:
“Members will receive a 30% mileage bonus on all miles transferred during the offer period. Bonus miles will be posted one (1) week from the transfer receipt by Delta.”
If I understand this correctly, the bonus miles will indeed post shortly after the actual miles post, so this should be easy to accomplish with the time we have.
For this we should be earning 75,000×1.3 miles, which comes out to 97,500 miles. Add that to the 23,000 miles she already has, and we’re looking at a total of 120,500 miles.
— The plan then is to transfer 120,000 miles from her account to my account. Since the miles have to be transferred in chunks of 30,000, that’ll cost a total of $1,320, which will net us a total of 300,000 miles, plus my existing 3,000 miles, bringing us to a grand total of 303,000 miles.
Have I missed anything obvious in my plan? I’m thinking of holding off for another few weeks before doing this, but it seems to make enough sense. 75,000 AMEX Membership Rewards points and $1,320 for 300,000+ miles can’t be beat, even if they’re from Delta. That’s three business class award tickets to Europe, or two Singapore Airlines First Class awards.