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This past week saw the sudden announcement of some big changes from American Airlines’ frequent flyer program and a few smaller ones from US Airways. With this news in mind,  TPG reader Paul tweeted me to ask:

@thepointsguy Given the recent unannounced changes from US Airways, would you still recommend taking advantage of its 100% bonus on shared miles?” 

My answer is yes – absolutely. I’m such a big fan of this promotion that I published a post about it this week called Top 10 Reasons To Buy US Airways Miles with the 100% Share Bonus.

Basically, the US Airways 100% Share Miles bonus promotion enables you to buy US Airways miles at about 1.1 cents apiece – which is an amazing value. You’ll have to move fast, though, because this promotion will end today – Sunday, April 13, 2014! The only downside is that you can only get 50,000 bonus miles per account.

To be clear, while American Airlines made a bunch of nasty changes this past week like doing away with international gateway stopovers and raising the cost of AAnytime awards, US Airways really only made one major change: raising their North Asia round-trip business class awards from 90,000 miles to 110,000 miles – which at approximately $1,200-1,300 based on the per-mile purchase price of this promo is still a phenomenal deal. North Asia destinations include China, Hong Kong and Japan, and you can choose to route your itinerary via Europe, effectively giving you the opportunity to book a round-the-world itinerary at that level.

US Airways 100% Share Miles bonus is a great deal, enabling you to buy miles at 1.1. cents apiece
US Airways 100% Share Miles bonus is a great deal, enabling you to buy miles at 1.1. cents apiece

US Airways awards give you a lot of flexibility, to be sure, but keep in mind that it can also be a pain to book them. They don’t offer one-way awards, and you’re not allowed to make changes to your travel once your trip begins. However, if you can manage to find sweet spots in the award chart (like off-peak awards or awards to South Africa, New Zealand and Australia), it’ll be a great value to have these miles at only 1.1. cents apiece. Personally, I maximized this promotion and transferred a bunch of miles between accounts I manage for my family and friends.

I’d definitely advise you to take advantage of this promotion, too, but just make sure you get a redemption idea set up and redeem your miles as soon as possible so that you’re not affected by future devaluations – and there will certainly be more of them as American and US Airways merge their frequent flyer programs. I don’t expect the final merger to happen until 2015, but you never know, as the two airlines still haven’t made a formal announcement of their intentions.

Remember to buy US Airways Share Miles today, and let me know if you have any other questions by messaging me on Facebooktweeting me or emailing me at info@thepointsguy.com.

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer
5.00%
Recommended Credit
Excellent Credit

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.