I would have to agree with the analysis as i did it too myself yesterday. Thanks for sharing.
Originally Posted by
mileageking
For those with AMEX Plat, don't forget the current earn double MR for every dollar spent promo Apr 21st to July 20 (6 MR on dinning, 4 MR on travel, 2 MR on all other purchases). Unfortunately this Aeroplan miles purchase will not qualify as travel, hence it'll be 2 MR / dollar spent.
So if I purchase 500,000, I'll end up with 1,075,000 (250k x 2 plus 115% bonus) at 1.4c/mile + 13% Ontario tax, equates to C$17k or C$1.6c/mile after tax and will also give me 34k MR (double promo).
C$17k spend would give me few Asia 2 / Europe mini-RTWs: 5 x F @ 215k or almost 7 x J @ 155k. Approx. C$3.4k/F or C$2.4k/J.