Home | About | All Things STL | Dev | Investing | iPad 1 | iPad 2 | Links | Site Search | StockInsight* | Twitter | USX China | uudaddy | Login | Register

Ads

RSS Feed for This PostCurrent Article

How I redeem AA award miles for someone else

Not really someone else, but my in-law :-)

Here are some explanations on redeem mile for someone else at About.com. I thought about this idea, because I got about 55,000 miles in my AA advantage account (mostly from my China trips, plus some business travel I did in last year), and it appears a deal to redeem the miles (rather than pay cash/credit card) for my in-law China to US air ticket. It takes 70,000 miles for a round trip ticket. So what I did was holding the ticket first, bought 15,000 miles using credit card (it cost $375 + $30 processing fee + $28.xx tax). It took a few days for AA to process (I bought miles on Friday, the miles was added to my acct on Monday). Once I got the miles, I click on “Purchase ticket” (the ticket I previously hold). At that time I paid $38.xx tax for the ticket itself.

Overall I think it’s a deal because I paid about $472 for the air ticket. Obviously saving money is secondary comparing to the joy for my wife meeting her dad. Another reason I decided to pull the trigger early was I was afraid those redeemable seats run out quickly.

Rule of thumb
Should I redeem miles or buy the ticket?

I also decided to redeem my wife’s miles for WSJ (paper subscription). WSJ sent me an subscription offer: $160 for a year. On the other hand it cost 2,626 AA miles for 39 weeks of subscription. Not as long as one year, but from my experience, sometimes they extend it to a year automatically (to entice subscription, e.g., although my miles-redeemed WSJ subscription expired couple months ago, they still deliver the paper to me).

As ice on the cake, redeeming miles will push the expiration date of those AA miles for a year or so.

Trackback URL

del.icio.us

Save to del.icio.us

Ads

Google
 
Web www.stlplace.com

RSS Feed for This PostPost a Comment

// 最新推荐 Noteworthy
  • Bank of America: 35% off Turbo Tax
  • NBR at PBS (Oct 2009 through Sept 2010): Your Mind & Your Money
  • Bogle WSJ op-ed 01/08/2009: 6 Lessons for Investors
  • Buffett on Market 12/10/2001: Whats in the future for investors
  • Google Ad

  • blog

  • China

  • Dev

  • finance

  • Links

  • Major

  • Saint Louis

  • Shanghai

  • Meta

  • Author作者

    "古人云,人不自信谁人信之." Others won't believe in you unless you believe yourself. --Chinese proverb

    Hello, world :-) I am not another stock expert. I am an ordinary guy who believes: by lifetime learning, indepenent analysis and disciplined investing, little guys can achieve great return.

    I grew up in China. Currently I am working toward CFA level II. Here I'm blogging about business, finance, stocks, other fun stuffs in the US and China. Comments and Email are welcome.

  • Disclaimer声明

    See Disclaimer Page
  • Valid XHTML 1.0 Transitional