If I understand correctly, share miles give better value.
you share 50000 with someone else, u lose 50000, they gain 100000, net gain 50000. cost =50000*.01*0.075+30=567.5. Then ask ur friends or relative transfer miles back to u, u will get another 50K bonus for 567.5. total bonus 100K=1135.
For buying miles 50000+50000 bonus=50000*.025*.075+30=1373.75
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Quote:
Originally Posted by Darren
The question I have is whether the 50,000 is cumulative over the buy/gift/share miles or whether it applies individually to each.
I'm guessing NOT cumulative. In August, if you'd already purchased the max 50K miles and attempted to do so again with the same account, the system informed you that you'd already received the max double miles under the promo and would only receive 1x miles before the confirm purchase screen.
Now, it doesn't say that and looks to be allowing me to buy 50K miles with the full bonus. I'll probably do it again in late December. Just hoping the award levels don't change, or they give at least a decent grace period where I can book at the lower rates. $1375 for 100K miles isn't bad at all when I'll use them towards a South Pacific trip.
I'm guessing NOT cumulative. In August, if you'd already purchased the max 50K miles and attempted to do so again with the same account, the system informed you that you'd already received the max double miles under the promo and would only receive 1x miles before the confirm purchase screen.
Interesting. I was more interested in how the share factors into the equation. Over the summer, the bonus was for buy and gift, but share was left out. With sharing now included in the bonus, I am wondering about the limits. The terms at the bottom of the share page say that the limit is imposed on those miles purchased, but shared miles are not purchased - they are shared. One of these days, USAirways will get someone other than the intern to write their T&Cs.
Limit is 50,000 for EACH of buy, share, and gift. I have successfully completed all three transactions at the limit, so I can personally confirm that this works.
Limit is 50,000 for EACH of buy, share, and gift. I have successfully completed all three transactions at the limit, so I can personally confirm that this works.
Can you please confirm one thing - by 'successfully completed' do you mean that you have shared and gifted TO OTHER PEOPLE, or have you been the beneficiary of miles shared and gifted TO YOU?
It is still not clear to me if I could get 5 different people to buy 25,000 miles (doublee to 50k) and then have those 5 people each gift their 50k miles to me, with me receiving 100k from each. In this scenario my account would have benefitted from 250,000 bonus miles.
you share 50000 with someone else, u lose 50000, they gain 100000, net gain 50000. cost =50000*.01*0.075+30=567.5. Then ask ur friends or relative transfer miles back to u, u will get another 50K bonus for 567.5. total bonus 100K=1135
Sorry for being dense, but what is the 0.075?
I see the cost as 50000 miles * $0.01/mile + $30 = $530.
If they're shared and shared back, the cost is $1060.
Can you please confirm one thing - by 'successfully completed' do you mean that you have shared and gifted TO OTHER PEOPLE, or have you been the beneficiary of miles shared and gifted TO YOU?
It is still not clear to me if I could get 5 different people to buy 25,000 miles (doublee to 50k) and then have those 5 people each gift their 50k miles to me, with me receiving 100k from each. In this scenario my account would have benefitted from 250,000 bonus miles.
No. You may receive up to 50,000+50,000 buy, share, and gift miles, so the most that can flow INTO your account from this promotion is 300,000 miles.
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Quote:
Originally Posted by Raffles
It is still not clear to me if I could get 5 different people to buy 25,000 miles (doublee to 50k) and then have those 5 people each gift their 50k miles to me, with me receiving 100k from each.
I can't answer this, but I can enhance fsa_ea's report a little. Two account holders in my household were each able to buy 50,000 miles, buy another 50,000 miles for each other ("gift") and transfer 50,000 miles to each other ("share"). Each transaction generated 50,000 bonus miles, resulting in a net balance increase of 250,000 miles for each account.
Cost: 6,630 USD for 500,000 miles (bought +300,000; bonus +300,000; transferred -100,000). Cost per mile: approx. 1.326 cents.
Your method would get the cost down to just under 6,347 USD or approx. 1.269 cents per mile, so it's worth considering. The 'simple' method, on the other hand, has the advantages of only requiring two accounts (rather than six!) and being quite unambiguously within the T&C of the promotion.
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Alright! Good to see that this offer is back! I made good use of it the last time, around August, I think. Bought some miles and put them to use towards a J class ticket on LH. Am just wondering whether it's a good idea to buy miles and just let them sit in my US account though, with all the bad news coming out of Tempe.
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Sorry for this newbie question, but is it any problem to register as a new member and then buy 50k miles (get 100k) with this great promotion?
I donīt have to be a US resident for this promotion, do I?
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Quote:
Originally Posted by Jasper2009
is it any problem to register as a new member and then buy 50k miles (get 100k) with this great promotion?
I donīt have to be a US resident for this promotion, do I?
No need to be a US resident but you'll need to wait ten days between opening a new Dividend Miles account and being able to buy, gift or share miles.
Sorry for asking again, but I really want to be certain before entering into any transaction.
I can get max. 100k miles + 150k bonus miles out of this with two accounts?
I would follow the following scenario:
account A gifts 50k to account B => B has 100k miles
account A buys 50k => A has 100k miles
account B shares with account A 50k miles => account A gets 100k miles and has already 100k miles, so total would be 200k; while account B still has 50k miles.
Is this calculation correct ? Would you only get the bonus once per kind of transaction (buy, share, gift) with max. of 50k per transaction ?
If not couldn't I just share back and forth and get the bonus ?
Like A shares with B 50k => B has 100k miles
B shares with A 50k => B has 50k miles, A has 100k miles
A shares again with B 50k miles => B has 150k miles, A has still 50k miles
... and so on ?
Sorry for asking, but as I wrote in the beginning I want to be certain.
Again for Nov & Dec: Buy/Gift/Share miles, receive 100% bonus
Am just wondering whether it's a good idea to buy miles and just let them sit in my US account though, with all the bad news coming out of Tempe.
