Update 2: This awesome offer is scheduled to end today.
Update: This offer is around again through December 6th. Though this time, the offer is tiered, meaning you’ll only get the full 100% bonus if you share over 30,000 miles. Also, bear in mind that US Airways will be merging with American Airlines, so if you will not be burning the miles soon, they will turn into AAdvantage miles. Also, this is likely from the last opportunities to get in on such cheap Star Alliance (and eventually American Airlines miles) before the merger, so if you’ve hesitated in the past, this is your opportunity.
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Originally posted October 1st.
Here’s an awesome promotion from US Airways. Through October 15th, on the first 50,000 US Airways miles you share with a friend/spouse, US Airways will double the transfer up-to a maximum of 50,000 bonus miles!
Sharing the maximum amount (to receive the bonus) of 50,000 miles (i.e. paying to transfer them to someone else’s account) costs ~$568, including the $30 processing fee and 7.5% excise tax.
But the person to whom you transfer the miles would earn an extra 50,000 miles!
So you’ve essentially only paid 1.14 cents per mile ($568 / 50,000 US Air bonus miles) for the 50,000 bonus miles – which is quite a fantastic deal!!
Of course after your friend/spouse received the transfer, they can then share 50,000 miles right back to you or to another account, again for a total of 100,000 miles for the same cost.
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