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Old Aug 12, 11, 11:43 am   #31
 
Join Date: Dec 2004
Location: SEA
Posts: 1,759
Quote:
Originally Posted by I Fly Delta Jets View Post
30 bucks fee, is it for per transaction (30k limit per transaction). If so, transferring 150k then the fee would be $150. so the total cost of transfer of 150k points would be $1773.75, inclusive of 7.5% tax (cpm is 1.1825). Is my math correct?
It doesn't indicate they charge excise tax for sharing miles (just purchases). The fee is $30 is per transaction. Perhaps it covers tax since they don't seem to charge the $30 on purchases? I'm too lazy to click thru and verify but if the $30 covers tax then I think it's only 1.1 cpm.
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Old Aug 12, 11, 12:04 pm   #32
 
Join Date: Feb 2011
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Quote:
Originally Posted by HikerT View Post
It doesn't indicate they charge excise tax for sharing miles (just purchases). The fee is $30 is per transaction. Perhaps it covers tax since they don't seem to charge the $30 on purchases? I'm too lazy to click thru and verify but if the $30 covers tax then I think it's only 1.1 cpm.
Don't believe there is a tax on transfers (except 5% for Canadians)
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Old Aug 12, 11, 12:17 pm   #33
 
Join Date: Aug 2008
Location: TLH
Programs: Lowly DL FO, HH Gold
Posts: 75
Would it be possible to transfer miles into account and that SM account transfer back after the bonus has been posted so each account gets a bonus? Surely, DL will have wised up to this possibility
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Old Aug 12, 11, 12:37 pm   #34
 
Join Date: Dec 2004
Location: SEA
Posts: 1,759
Very likely you can do that if you want. Restrictions like that would defeat the purpose of offering this promotion which is to generate cash. If they didn't want to sell miles at 1.1 cpm they wouldn't offer the share promotion. Cheaper to sell miles to people than borrow money from the capital markets. It's the same reason AA is selling gift cards at a discount.
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Old Aug 12, 11, 1:14 pm   #35
 
Join Date: Oct 2009
Programs: Delta Skymiles Platinum
Posts: 67
I've done mileage buys like this a few times in the past when the bonus has been 100%. But yes, they did a MAJOR price hike on miles: to get 60k + 60k bonus used to run $1600, and now it's $2100? Eeek. Sorry Delta, not doing it anymore... especially since there's such little availability in Biz Class on int'l flights, and if there IS availability, even in the off-season, it's always 150k-200k miles from LAX to anywhere in the EU.

Kirby
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Old Aug 12, 11, 3:39 pm   #36
 
Join Date: Jul 2007
Location: TPA & OTP
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Awesome deal. Perfect time to transfer the 70k or so miles from my wife's account to mine.

Thanks for the heads up op...
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Old Aug 14, 11, 5:15 pm   #37
 
Join Date: Jul 2000
Location: Sydney
Posts: 5,724
just checked and saw that a medium award syd lax is a staggering 250.000 miles one way.

but just incase i can find a decent award
i am just checking that if i have 68000 I can send 3 transactions of 30k 30k and 28k and send all to one account.
receiving 136k.
then send it all back to me? arriving at 272k?
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Old Aug 14, 11, 5:42 pm   #38
 
Join Date: Oct 2004
Location: Anywhere but home
Programs: UA 1K, DL PM & MM, SPG Plat, AClub Plat, PC Plat, Hilton Gold, Marriott Gold
Posts: 3,035
The 100% bonus buying miles can be reasonable for business class tickets, if you can find availability at the low tier. For example, 50K (+50K bonus) miles can be purchased for $1750 +tax and redeemed for business to Europe on AF.

Last edited by FlytheTail; Aug 14, 11 at 5:52 pm.
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Old Aug 14, 11, 11:57 pm   #39
 
Join Date: Apr 2005
Location: LAX
Programs: UA 1K, DL Silver, WN, AA
Posts: 3,478
Need some math checking from the vets

OK folks, I've got orphaned miles with my family members... and a large chunk sitting in my account.

I did the math on this and wanted to run it by you guys to verify I'm of sound mind (or possibly out of mind to even considering this):
Family1 has 10K+ (accumulated in past 4 yrs)
Family2 has 10K+ (accumulated in past 4 yrs)
Family3 has 50K+ (accumulated in past 4 yrs)
L2CTW has 370K+ (the end game is to get it into my account)

So, let's begin:
F1 begins with 10K
F1 transfers to F2 = 30K (2x10K + 10K original) in F2's account and $130 in fees (10K xfr fee is $130)
F2 transfers to F3 = 110K (2x30K + 50K original) in F3's account and $330 in fees (30K xfr fee is $330)
F3 transfers to L2CTW = 590K (2x110K + 370K original) in L2CTW's account and $1,220 in fees. (3x$330 + $220 [due to 30K max X 3 and 20K remaining])
Total Miles transferred = 220K
Total Fees payed = $1,680

Approx .76 CPM

Final tally in L2CTW account = Approx 590K DL Skypesos...

Is the math right? And of course, is it worth it, assuming DL doesn't do some more customer unfriendly changes.

Also, any other options I haven't thought of?

Thanks in advance.
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Old Aug 15, 11, 3:11 am   #40
 
Join Date: Dec 2004
Location: SEA
Posts: 1,759
Math can't be right because the absolute lowest cost is 1.1 cpm ($100 for 30K miles + $30 fee = 1.1 cpm).
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Old Aug 15, 11, 9:05 am   #41
 
Join Date: Oct 2010
Location: Jacksonville, FL JAX
Programs: Delta SkyMiles GM Marriott Rewards PM
Posts: 83
Quote:
Originally Posted by luv2ctheworld View Post
OK folks, I've got orphaned miles with my family members... and a large chunk sitting in my account.

I did the math on this and wanted to run it by you guys to verify I'm of sound mind (or possibly out of mind to even considering this):
Family1 has 10K+ (accumulated in past 4 yrs)
Family2 has 10K+ (accumulated in past 4 yrs)
Family3 has 50K+ (accumulated in past 4 yrs)
L2CTW has 370K+ (the end game is to get it into my account)

So, let's begin:
F1 begins with 10K
F1 transfers to F2 = 30K (2x10K + 10K original) in F2's account and $130 in fees (10K xfr fee is $130)
F2 transfers to F3 = 110K (2x30K + 50K original) in F3's account and $330 in fees (30K xfr fee is $330)
F3 transfers to L2CTW = 590K (2x110K + 370K original) in L2CTW's account and $1,220 in fees. (3x$330 + $220 [due to 30K max X 3 and 20K remaining])
Total Miles transferred = 220K
Total Fees payed = $1,680

Approx .76 CPM

Final tally in L2CTW account = Approx 590K DL Skypesos...

Is the math right? And of course, is it worth it, assuming DL doesn't do some more customer unfriendly changes.

Also, any other options I haven't thought of?

Thanks in advance.
The 3rd transfer of 110k will actually be 4 total transfers, 30k, 30k, 30k, 20k.
Each 30k is $330, and 20k is $230, not $220.
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Old Aug 15, 11, 9:28 am   #42
 
Join Date: Jul 2002
Location: New Orleans, AA EXP, DL PM, SPG PLT, HH Diamond
Posts: 3,589
What's the point in buying/transferring miles when you either can't use them or have to spend such an absurd amount to use them? Not a good idea to purchase even at this price. Now if they were giving them away, I'd take them.
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Old Aug 15, 11, 10:01 am   #43
 
Join Date: Dec 2004
Location: SEA
Posts: 1,759
What's the point of keeping your miles if 1.1 cpm is absurdly overpriced? Why not sell them? So many folks badmouthing this deal but my PM inbox is still empty, lol.
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Old Aug 15, 11, 11:05 am   #44
 
Join Date: Jul 2007
Location: TPA & OTP
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Quote:
Originally Posted by aceflyer2 View Post
What's the point in buying/transferring miles when you either can't use them or have to spend such an absurd amount to use them? Not a good idea to purchase even at this price. Now if they were giving them away, I'd take them.
Many have had success in using skymiles at reasonable levels. Not always easy or convenient, but certainly doable.
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Old Aug 15, 11, 11:07 am   #45
 
Join Date: Jul 2002
Location: New Orleans, AA EXP, DL PM, SPG PLT, HH Diamond
Posts: 3,589
Have you not noticed that it has gotten much more difficult to find award availability at the lowest mileage level?

Quote:
Originally Posted by Denolloyd View Post
Many have had success in using skymiles at reasonable levels. Not always easy or convenient, but certainly doable.
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