American Airlines is now offering up to 55% bonus miles + discount, when you purchase AAdvantage miles. Until 6th March, you will be offered the following tier bonus:

To purchase these miles at the cheapest price, you need to buy at least 150,000 miles in order to purchase at the rate of 1.86 US cents/mile.

Should I Buy Miles Now?

PeriodUS Cents Per Mile
March 20201.86
Feb 20201.86
Jan 20201.78
Dec 20192.07
Black Friday1.78
Nov 20192.01
Oct 20192.03
Sept 20192.08
Aug 20191.84
July 20191.72
June 20191.72
May 20191.72
March to April 20191.92

The rate offered right now is currently on the higher end. Nevertheless, at 1.86 US cent per mile, you can still gain substantial savings, if you use miles instead of cash to purchase First/Business Class tickets. Here are some great uses of Aadvantage miles:

Route (One Way)Cabin ClassAirlinesIf Redeem With Miles (1.86 US cent/mile)If Purchase With Cash
US – AsiaBusiness ClassCathay Pacific70k miles ($1,302)$3,065
US – Middle EastBusiness ClassQatar Airways70k miles ($1,302)$2,604
Middle East – AsiaBusiness ClassQatar Airways42.5k miles ($790)$1,796
Europe – Middle EastFirst ClassEtihad50k miles ($930)$3,123
Qatar Airways Qsuite Business Class
British Airways Avios Promotion
Cathay Pacific Business Class

To find out other redemption opportunities, you may wish to check out the American Airlines redemption charts for Oneworld and partner airlines here. If you prefer to fly with American Airlines, you can click here for their redemption chart.

Conclusion

At 1.86 US cent per mile, you can secure cheap First/Business Class tickets; especially when compared to the conventional way of booking a revenue ticket directly. Before you purchase any miles, do play around with American Airline‘s award booking system to check your seat availability.

Do note that it will be American Airlines that will be processing this transaction. It is advisable to use a credit card that gives you good miles for airfare purchases.

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