FlyerTalk Forums - View Single Post - Buying large quantities of miles
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Old Jun 28, 2010 | 1:45 am
  #28  
bluto
 
Join Date: Feb 2010
Location: Disney World
Programs: Fairmont Lifetime Platinum, Hyatt Globalist, AA Lifetime Gold
Posts: 321
Originally Posted by Counsellor
I seem to recall a few years back someone had this as an idea (create a company, buy the miles in the name of the company, and "award" the miles to the promotors). As I recall, the airlines they were interested in buying the miles from had a limit on the number of miles that could be given to any single "employee" or user account. The limit, although high, made this mechanism not useful for someone who wanted hundreds of thousands of miles. (As I recall, the limit was something like 100K miles per year.)
It's strange that they would have this limit. I don't see why they would care where the miles go as long as they get the money for their miles. Also, Bankdirect doesn't seem to have a limit on the number of miles that can go to a single account. perhaps the answer would different for a different airline program.

With so many airline programs available, and with alliance partners improving the interchangeability, we should be able to find some.

I would be in for 1-2 milllion depending on the alliance and cost per mile, of course.
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