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Now through May 31, 2013, US Airways is offering up to a 100% bonus on purchased miles. There is a limit to 50,000 purchased miles (so 100,000 with the bonus). It is a tiered bonus, so you only get the full 100% bonus if you buy at least 30,000 miles.

US Airways
Earn up to a 100% bonus on purchased US Airways miles.

Here’s how it works:

  • Buy/gift 5,000 – 9,999 miles, get a 25% bonus
  • Buy/gift 10,000 – 19,999 miles, get a 50% bonus
  • Buy/gift 20,000 – 29,999 miles, get a 75% bonus
  • Buy/gift 30,000 – 50,000 miles, get a 100% bonus

Miles are sold for $.035 cents each plus a 7.5% tax recovery charge. You can only buy up to 50,000 miles at time (100,000 with the bonus) so 100,000 miles through the buy miles promotion costs $1,881.25, or nearly 1.9 cents per mile. For 110,000 miles you can get a round trip business class ticket to South Africa, which is what I recently did. About $2,000 for an $8,000+ flight is a great deal!

Normally miles cost 3.5 cents a piece plus tax, but with this promo if you buy 30,000-50,000 miles, they cost 1.9 cents each. This isn’t as great as the share miles promo that they had in the past where miles cost just about 1.1 cents each, but not a horrible option for those people who want to buy a small amount of miles so they can leverage the share miles promo- since you need existing miles to take advantage of that bonus.

Other good redemption values are 90,000 miles for business class to Asia and 110,000 miles to the South Pacific. Also note that you get 5,000 miles off US awards if you have the US Airways MasterCard.

This could be a great way to get some American AAdvantage miles, because if/when the merger is approved, you should be able to switch miles in between programs until they are finally merged in 2014 or 2015. I wouldn’t bank on that, but even as US Airways miles, they can be extremely valuable depending on how you use them.

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
N/A
Regular APR
N/A
Annual Fee
$450
Balance Transfer
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Recommended Credit
Excellent Credit
Terms and restrictions apply. See rates & fees.

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