Effect of Balance Transfer on Bonus Miles
Jul 14, 2014 | 9:48 am
#1
Original Poster
Join Date: Oct 2005
Location: Washington DC / Seattle
Programs: Alaska MVP, Marco Polo Silver
Posts: 118
Effect of Balance Transfer on Bonus Miles
I signed up for the AA Exec MC in June, and I'm working on the $10K spend via some work I'm doing on my house.
I recieved an offer for a 0%/$0 balance transfer card yesterday. If I do my $10K spend on the AA card, and then move it to the 0% card, will my $10K spend still qualify?
Also, I'm thinking of making part of my $10K spend a very expensive airline ticket that I may or may not need next spring. If I cancel the reservation, the funds would be returned to the AA card after the balance transfer goes through. How would that work? Would AA yank my bonus miles if the balance had already been cleared from the card?
I recieved an offer for a 0%/$0 balance transfer card yesterday. If I do my $10K spend on the AA card, and then move it to the 0% card, will my $10K spend still qualify?
Also, I'm thinking of making part of my $10K spend a very expensive airline ticket that I may or may not need next spring. If I cancel the reservation, the funds would be returned to the AA card after the balance transfer goes through. How would that work? Would AA yank my bonus miles if the balance had already been cleared from the card?
Jul 14, 2014 | 10:43 am
#3
Original Poster
Join Date: Oct 2005
Location: Washington DC / Seattle
Programs: Alaska MVP, Marco Polo Silver
Posts: 118
So, you see, it's no so much about getting into the miles game as getting the most out of what I'm going to have to pay anyway.
Jul 14, 2014 | 10:54 am
#4
Join Date: Nov 2012
Location: SFO
Posts: 1,748
Effect of Balance Transfer on Bonus Miles
In regards to the second part... don't do it. Unless you have a pattern of expensive tickets that get canceled. Read the audit thread in the AA forum. TONS of shut down AAdvantage accounts for buying refundable tickets to make minimum spend then returning them.
Jul 14, 2014 | 1:23 pm
#5
Original Poster
Join Date: Oct 2005
Location: Washington DC / Seattle
Programs: Alaska MVP, Marco Polo Silver
Posts: 118
Understood.
