A FlyerTalk Posting Legend
Join Date: Sep 2012
Location: SFO
Programs: AC SE MM, BA Gold, SQ Silver, Bonvoy Tit LTG, Hyatt Glob, HH Diamond
Posts: 44,377
If you wait for sales, you can pretty easily fly P fares for 10cpm all in.
The resident AQD requirements are 12cpm for lower tiers and 20cpm for SE.
That being said, it's clearly why they added a minimum.