Originally Posted by
rmc1
OK, I've read back a few hundred posts but cannot find details on recycling to get to $100k for AA miles. I created account for AA and put in $24,599 (it would not let me do any more than that). I put another $5k in today and tried setting up a link to my Ally account so I can push in another $20k this week. I'm hoping to get $50k by this weekend and then see if AA miles post.
I don't have another $50k in cash sitting around that I can use to get to $100k but it sounds like there are some tricks where I can take out money and put it back in and the "recycled" money counts for the $100k. However, I can't find anyone giving the details on how this works. Does the money have to be in a certain time before I take it out? Once out, does it have to stay out a certain time before I add it back? If there is a post that explains this, please let me know the post # as I cannot find it.
I will eventually try Delta too but I'm near 2 million miles for AA so that is the most important. Does the Delta deal expire soon or can I do it in Oct after my AA miles post? I saw postings that led me to believe it expired on 30 Sep 2011 but it was confusing.
Thanks!
I don't think there are any requirements for cycling in terms of the time in the account. However, cycling (the depositing and withdrawing of the same funds) takes time in the transaction process, usually 3-4 business days on each end. I feel that it has been extremely slow and I have yet to actually get a full cycle because the process just seems to be taking ages and always hedging toward the 4 day timeframe rather than the 3.
I know the AA registration ends Sept. 30th, I'm not sure about the Delta program.