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When I checked in for my flight from JFK-Madrid, I was given the offer to participate in American’s Mileage Multiplier.

I was encouraged to buy 7,178 miles (not elite miles – just regular AAdvantage miles) for a whopping $232.20. That’s 3.2 cents per mile. At that rate, a domestic coach award would cost $800. Does that sound like a good deal to you?

Even if you think that might be a good deal, it would probably make more sense to buy them through American regular buy miles portal (powered by points.com), because that would allow you to choose.

With no special promotions, I could have purchased 7,000 miles for $218.32- 3.1 cents per mile. Slightly better than the multiplier, but buying miles is limited to 40,000 miles a year, so the multiplier might make sense if you need to buy more than 40,000 a year.

So is it a good deal? It depends on your needs. If you pay $5,000 for business class tickets to Asia, then it might make sense for you to use the Mileage Multiplier on all of your flights, because you’d be buying 100,000 mile blocks for roughly $3,200. However, I doubt this make sense for the average flyer and certainly doesn’t make sense for me.

I prefer much easier ways to accrue miles, like getting 30,000 miles for $50 with the AA Gold credit card or paying $7.95 for 2,500 for a Netflix account (1/3 of a cent per point)!

The Platinum Card® from American Express

While this premium card has one of the highest annual fees on the market, it has several valuable perks that could make it worthwhile, depending on your travel patterns. These include a $200 annual airline rebate, lounge access, free Hilton Gold status and free Starwood Preferred Guest Gold status.

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More Things to Know
  • Earn 40,000 Membership Rewards® points after you use your new Card to make $3,000 in purchases in your first 3 months.
  • 5X points for flights booked directly with airlines or with American Express Travel.
  • $200 Airline Fee Credit, up to $200 a year for baggage fees and more at one airline. Terms Apply.
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations worldwide. Terms Apply.
  • Enroll to enjoy the benefits of complimentary Hilton HHonors™ Gold Status with your Platinum Card.®
  • No interest charges because you pay your balance in full each month.
  • Terms and Conditions apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$450
Balance Transfer Fee
See Terms
Recommended Credit
Excellent Credit
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.