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Note: Some of the offers mentioned below may have changed or are no longer be available. You can view current offers here.

American Airlines is running a sale on the purchase of their miles through Thursday, June 12, 2015. You can buy up to 100,000 American Airlines miles during the sale and get up to 50,000 bonus miles.

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The bonus is tiered, based on how many miles you purchase.

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American Airlines miles cost 2.95 cents each plus a 7.5% excise tax, and every purchase has a $30 processing fee. The cheapest per-mile price comes from purchasing 90,000 American Airlines miles + 50,000 bonus miles for $2,884.13.

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That works out to getting 140,000 miles for 2.06 cents each.

A recent sale offered miles for 2.00 cents each, so this isn’t the best sale of the year, but it’s only 3% worse.


The cheapest miles cost 2.06 cents each during this promotion, and that requires shelling out $2,900. I value American Airlines miles around 1.8 cents each, so there is no way I would buy these miles speculatively for 2.06 cents. The only way it could possibly make sense to buy miles at these prices is if you had an immediate high value use for them.

To figure out if you have a high value use, use this simple expression:

(A – B) / (C + D)

  • A: Value of the award. Important: this is the lesser of the cash price and your subjective value.
  • B: Taxes on the award
  • C: Miles used on the award
  • D: Miles you would earn if you purchased the award ticket with cash

This will spit out the dollar value you are getting for your miles. If that number is greater than 0.0206, and you can book the dream award now, buy during this promotion. Otherwise, don’t buy.

Buy AAdvantage Miles with These Credit Cards

AAdvantage miles purchases are processed directly by American Airlines. That’s great news!

It means you can buy them with your Citi Prestige® Card, and its $250 Air Travel Credit will refund you the first $250 of the purchase price of the miles (plus you’ll earn 4x ThankYou Points on the first $250 of the miles purchase.)

It means that the Citi ThankYou® Premier Card offers 3x ThankYou Points on the purchase of LifeMiles.

It means you can purchase LifeMiles, then use your Arrival miles for an offsetting statement credit.

Bottom Line

You can buy 140,000 American Airlines for $2,884 or 2.06 cents each. That’s way too high to buy speculatively. Hopefully cheaper sales come along.

The American Airlines miles sales are now processed by American Airlines itself, so you can get category bonuses on cards that bonus airline or travel purchases like my latest card, the Citi Prestige® Card which offers 3x on purchases from airlines, or you can use your Arrival Plus to get American Airlines miles for zero cash.