You can buy AAdvantage miles for 1.89 cents each through June 1 with 35% off (to celebrate the AAdvantage program's 35th anniversary) and a 15,000 bonus if you buy 150,000 miles. Here's the math:
150,000 miles + 15,000 bonus miles cost $2876.30 + Federal excise tax of $215.72 and a $30 processing charge, for a total of $3122.02. That gives you 165,000 AAdvantage miles for $3122, or a cost per mile of $0.0189 = 1.89 cents per mile.
This isn't quite as good as last month's offer, which enabled you to buy AAdvantage miles at 1.8 cents per mile, but it's still very close, and could work well if you sat the last promotion out due to not wanting to spend $4787 in order to get the 1.8 cents per mile rate.
If you don't want to buy so many miles, it will cost more per mile due to the fixed $30 processing charge and the lack of bonus miles. Here are examples:
- Buy 50,000 AAdvantage miles for $1060.71 = 2.12 cents per mile
- Buy 100,000 AAdvantage miles for $2091.31 = 2.09 cents per mile
- Buy 135,000 AAdvantage miles with a 5000 miles bonus for $2812.75 = 2.01 cents per mile
- AMEX Premier Rewards Gold Card: 3X Membership Rewards points for airfare
- AMEX Business Gold Rewards Card if you chose airfare as your 3X category
- Citi Prestige and Citi ThankYou Premier: 3X Citi ThankYou Points for travel
- Chase Sapphire Preferred: 2X Ultimate Rewards points for travel
Best First Class Awards After AAdvantage Award Chart Devaluation
I've covered this before, but in my view the best value first class awards after the AAdvantage Award Chart Devaluation include JAL First Class Tokyo to Sydney for 60,000 miles one way, JAL First Class from the U.S. to Tokyo for 80,000 miles one way (especially if traveling from NYC), Cathay Pacific First Class from Europe to Asia for 90,000 miles, and Etihad First Apartment on the A380 and Qantas First Class on the A380 from London to Australia for 115,000 miles each way.
Best Business Class Awards After AAdvantage Award Chart Devaluation
My favorite business class awards in the devalued award chart are JAL Sky Suite Business Class from the U.S. to Japan for 60,000 miles one way (again, best value is from the East Coast, given that it's a 13-14 hour flight), Etihad Business Class from the U.S. to the Middle East, India and the Maldives for 70,000 miles, Cathay Pacific Business Class from Europe to Asia for 75,000 miles, and Etihad Business Class Studio on the A380 Europe to Australia via AUH for 85,000 miles, with the possibility to add on a LAN Business Class Flight to New Zealand.
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