There is something for everyone. Celebrate with up to 30% bonus miles when you buy or gift miles. And through December 31, if you buy or gift 60,000 miles in a single transaction an e-mail will be sent to you in January 2014 to let you choose one of the following special holiday gifts, to make your travel even more rewarding.
- 20% additional bonus miles – In addition to the 30% bonus you can earn 20% extra bonus miles that will be deposited into your account by January 31, 2014
- 10% off flights on aa.com – Save 10% on flights on aa.com when you book by February 6, 2014, for travel starting February 18, 2014 through May 18, 2014
- 5,000-mile discount on award – Get a 5000-mile discount for up to three passengers, that’s a total saving of up to 15,000 miles when you book between January 24, 2014 and February 21, 2014, for travel between February 18, 2014 through May 18, 2014 (for flights originating in contiguous US or Canada)
- Three 500-mile upgrades – If you are an AAdvantage Elite Member you can enjoy an additional three 500-mile upgrades
They’ve been offering up to a 30% bonus on the purchase of miles through the end of the year since November. So if you maxed out that promotion you’d get 78,000 AAdvantage miles for $1,808.75, which is ~2.3 cents per mile.
However the above promotion stacks with that one, so in January you’d get a choice of four options, the most rewarding of which is an additional 20% bonus miles. That’s an extra 12,000 AAdvantage miles, meaning you’d get a total of 90,000 AAdvantage miles for $1,808.75, which is roughly two cents per mile.
I don’t think I’ve ever seen AAdvantage miles sold for less than that, though it’s still not a rate at which I’d speculatively purchase miles, especially since you only get the last 12,000 miles in January.
Keep in mind US Airways is also offering a 100% bonus on purchased miles through December 20, which means they’re selling miles for ~1.88 cents each. It’ll likely be a few more months before US Airways miles can be converted into American miles, though.
Lastly, much like US Airways, American processes mileage purchases through points.com, meaning buying miles doesn’t qualify as airfare spend for the purposes of your credit card.
(Tip of the hat to Carlos)