Approximately once a year, many of the U.S. frequent flyer programs offer a bonus when you purchase miles. American’s program is open right now, and represents a compelling way to get extra miles. Bonuses start at the 6,000 mile level (e.g., buy 6K miles and get an extra 1,500 miles for $177. In that case, after taxes and a $30 processing fee are added in, you’re paying $ .029 per mile, which is a pretty good deal.

The more miles you buy, however, the sweeter it gets. If you go whole hog and purchase 100,000 miles, you’ll receive a bonus of 60,000 miles, for a total cost of $3200, or $ .02 per mile. With 160,000 miles you could purchase two round trip business class tickets to Europe, a very solid deal. Click here for details: American Airlines Buy Miles Bonus

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