I think I'm pretty good at getting the deals and there are only two times I can think of at the moment that I have picked up miles at $.0025 per mile.

1. Healthy Choice Pudding in 1999 with the double coupon bonus (the infamous Pudding Guy deal)

2. LatinPass 1,000,000 mile bonus in 2000. The actual cost of tickets and qualifying activities for miles was that low (under $2,500), but it was extra money for the incidentals of travel.

I didn't do ValuMags so I don't recall if that was that low. I also recall the ClickRewards deal in 2000, for a donation to the non-profit (what was it?) like the World Wildlife Fund which had a great return on value, but I don't remember if that was as low as $.0025/mile.

Anyone else recall an opportunity for miles at .0025/mile in the past 5 years? That means you are getting a 100,000 miles for $250 which is a really cheap First Class ticket to Europe. Looking at the recent response to the IcelandAir deal I think that any offer that good these days would be quite costly to the sponsor. Flyertalk has really expanded the network of participants on the lucrative deals.

If you can come up with an offer for miles at something around $75 for 10,000 miles, then you have a great deal. They come up on a frequent enough basis to spend several thousand dollars a year.

There are opportunities with phone deals and probably some of the NW promos for 10,000 to 20,000 miles, but unless I can get enough miles for a good business class or first class award then the offer has limited usefulness. It took about four years to build up 100,000 miles in my NW account with all their little promos without flying on paid tickets.