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Buy Miles for 1.6¢ Per Mile, No Limit


BargainValueHunter
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http://travel.usatoday.com/alliance/flights/boardingarea/post/2011/09/Frequent-Miler---Buy-American-Airlines-Miles-for-less-than-16-cents-each--No-limit/548592/1

 

STEP 1: Using an Aadvantage branded credit card, go through the Aadvantage shopping mall to Sears and buy as many gift cards as you would need to reach your mile target. You will earn 11 miles for each dollar spent (1 mile from the credit card and one from the shopping mall).  So, if you want to earn 50,000 miles, simply calculate 50,000 / 11 = 4545.  Round that up to $4600 and that’s the amount you need.
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Thanks but what am I going to do with $10,000 in Sear's gift cards?  Do people still shop there?  ;D

 

Maybe try to trade it with someone for $100 in Target gift cards. :P

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Thanks but what am I going to do with $10,000 in Sear's gift cards?  Do people still shop there?  ;D

 

 

STEP 2: Sell the credit cards at PlasticJungle.  PlaticJungle will pay 83 cents on the dollar for Sears cards.

 

Cost you about 400 per 25k miles, didn't it?  Almost the cost of a ticket.

Also, does it count toward status?

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