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Although in the past US Airways has run decent bonus promotions on buying and gifting award miles – most recently a 100% bonus in May –  in what could very well be the last such pre-merger with American Airlines promotion, US Airways is currently offering a targeted bonus of 100% for buying or gifting miles up to 50,000 (so 100,000 with the bonus) July 1 – 31, 2013.

I received an email letting me know about this targeted offer.
I received an email letting me know about this targeted offer.

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 roundtrip business class ticket to South Africa, which is what I recently did. Spending under $2,000 for an $8,000+ flight is a pretty great deal. Economy redemptions are generally not as good an idea, but US Airways does have some flexible routing options which might make it worth it for you.

Other good redemption values are 90,000 miles for business class to Asia and 110,000 miles to the South Pacific (which you can also route through Asia with a stopover). Also note that you get 5,000 miles off US Airways awards if you have the US Airways MasterCard.

Although buying miles can be costly and usually only make sense with a specific redemption in mind, given the fact that US Airways will merge with American sometime in 2014 and the deal is expected to close by the end of the summer, this could be one of your last chances to get in on a 100% bonus on purchased miles.

This could also be a workaround to top up your American AAdvantage account, because after the merger goes through (and there’s no doubt it will now), you should be able to switch miles in between programs until they are finally merged in 2014 or even later. I wouldn’t bank on that, but even as US Airways miles, they can be extremely valuable depending on how you use them. Keep in mind that you can also buy US Airways miles for cheap using the Mileage Multiplier.

Terms & Conditions:
– All purchases are non-refundable.
– Bonus miles will be awarded upon completion of the transaction.
– The maximum number of Buy and Gift Bonus miles that can be received by one member for this offer is 50,000 bonus miles.
– All miles purchased beyond this limit will not be eligible for a bonus.
– Offer is subject to change. Offer cannot be combined with any other offer.
– Share transactions are not eligible for bonus.
– Only purchases made online are eligible for the bonus.
-Your account must be at least 12 days old.

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), up to a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

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More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$550
Balance Transfer Fee
See Terms
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

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