As I wrote about a few weeks back, both American AAdvantage and US Airways Dividend Miles ran a bonus on purchased miles through November 30, 2014. This was the first promotion we saw where AAdvantage and Dividend Miles really “aligned” their promotions, given the rate at which the merger is moving along.
It’s worth noting that both AAdvantage and Dividend Miles have extended their bonus on purchased miles through January 2, 2015. The terms remains exactly the same as before.
Here are the links for the promotions:
As a refresher, both American and US Airways are offering tiered bonuses on the purchase of miles.
If you max out the bonus you can earn up to 45,000 bonus miles when you buy 80,000 miles. That means you can acquire 125,000 miles for a total of $2,572, which is ~2.06 cents per mile. That’s certainly not as good as the rate at which US Airways used to sell miles, though it’s also better than the price at which they sold miles during the last round of promos.
Lastly, keep in mind that some with US Airways’ co-branded credit card are eligible to still buy miles at the old rate of ~1.88 cents each through the end of the year. So if you have the card be sure to check if you’re eligible, as that’s the best deal of all.
~2.06 cents per mile isn’t a rate at which I’d speculatively pick up American or US Airways miles, though with a specific use in mind it could no doubt be a good value.
I could be totally off base, but it sure seems like the “new” American isn’t all that successful with their mileage sales, given that they’ve extended the past several promotions now. Let’s hope the prices continue to go down over time.