Today is the last day to ‘share’ US Airways Dividend Miles with 100% bonus.
That means effectively buying miles at ~ 1.1 cents apiece.
Limited time offer: Give up to a 100% bonus when you Share Miles!
Share miles from April 7th until April 13th 2014 and your friend or family member will get up to 100% MORE in bonus miles – up to 50,000 miles.
The bonus is actually tiered, you need to share at least 30,000 miles to get that bonus. Lower amounts receive a lesser bonus according to the following schedule:
You transfer 50,000 points from account A to account B at a cost of $567.50. Account B receives 100,000 miles.
If you have a spouse or significant other, transfer 50,000 points to them and they receive 100,000 miles; then they transfer 50,000 points from their account to yours and you receive 100,000 miles. You each have 50,000 more miles than before at a cost of ~ 1.1 cents per mile gained.
US Airways sells miles cheaper than American does quite regularly, and these miles will eventually become AAdvantage miles.
I took advantage of 100% bonus on shared miles. When the offer first appeared I said I would do so
because no matter what devaluations I may fear I’m confident I’ll get back a minimum of 1.1 cents in value per mile, though likely much more
Even so, and as frustrating as those were, I will continue to value the points above 1.1 cents and still see this as a valuable play.
Terms and conditions:
Offer available for share transactions made between April 7th 00:00:01 PT and April 13th 2014, 23:59:59 PT. All transactions are non-refundable. Bonus miles will be awarded upon completion of the transaction. The maximum number Share Bonus miles that can be received by one member for this offer is 50,000 bonus miles. All miles shared beyond this limit will not be eligible for a bonus. The recipient of the share transaction will also receive the bonus miles. All transaction inquiries must be submitted to US Airways Dividend Miles within 90 days from end of promotion. Offer is subject to change. Offer cannot be combined with any other offer. Buy and Gift transactions are not eligible for bonus. Only share transactions made online are eligible for the bonus. Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift miles. For Gift and Share transactions, the recipient account must also be 12 days old. All US Airways Dividend Miles terms and conditions apply.
Miles are shared for $0.01 per mile plus a processing fee of $30 and a tax recovery charge of 7.5%. GST/HST will be charged to Canadian residents. Miles purchased through Buy, Share or Gift Miles do not count towards Dividend Miles Preferred status. All other Dividend Miles Terms and Conditions apply. Miles may be used based on award availability at the time of booking. Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift miles. All purchases are non-refundable.