Questions and Answers

Have a travel related question? Post it here, and I’ll do my best to answer it as quickly as possible.

While anyone can comment on regular blog post, registration is required in order to post a question in this space. Creating your account is free, and you'll be able to see when your question is answered, as well as like comments from other users. And of course, you'll earn status points for offering helpful answers!

This space is intended to be more of a community as well, so please jump in and share tips!

Filter by:

LEONARD LEWENSTEIN, M.D.

Can you help?
0

Miles transfer

Can you help?
0

Brandenburg airport shows Global Airlines pic

Can you help?
0

How to reach you?

Can you help?
0

Asiana Airlines Delay + Flight Diversion – Denied Full Reimbursement

Can you help?
0

Lounge Access – Family of 5

1

Insane Experience on AA at MIA Yesterday

1

Travel Insurance Claim Through Chase CC

Can you help?
0

Frigid Temps!?

Can you help?
0

Miles

1

Ask a Question

Everyone can read and comment, but you must login to post a new comment.

Answers (5)

AA miles for loans

AA miles for loans

  1. Anonymous Guest

    Hi Ben,

    I just got a promotional email from American Airlines stating that I could earn 40,000 miles (1 mile per $1) on a loan I start through Lending Club. Am I correct to assume that I might be able to start a loan, pay it off right away, and easily earn 40,000 miles for “free”? This seems too good to be true.

    Thanks

  2. AndrewKi New Member

    Hi Ben,

    I just received a promotional email from American Airlines stating that I could earn up to 40,000 miles (1 mile for $1) on a loan started through Lending Club. Am I correct to assume that I could get a $40k loan, pay it off right away and earn the 40,000 miles essentially for free? This seems to good to be true…

    Thanks!

  3. MidSouthSkier Community Ambassador

    Welcome [USER=2910]@AndrewKi[/USER] – you’d need to check to see if there are origination fees, application fees or anything else that would impact the cost per mile. Your credit score will take some kind of hit too. But depending on your need for the miles you may find it’s worth doing all the paperwork.

  4. Gaurav Community Ambassador

    The offers usually sound great but usually people don’t qualify for the full amount. FM had a post about a similar deal with prosper a while back: [URL]http://frequentmiler.boardingarea.com/2016/01/27/should-you-borrow-money-to-get-up-to-35000-united-miles-from-prosper/[/URL]

    If you decide to do it make sure you read the fine print!

  5. Brad B Member

    Per the above with the origination fees usually doesn’t make it worth in, compared to going to a bank and getting a loan, often you can straight up buy miles for cheaper than the origination fees, although if it is worth it to you and you need a loan you can look into it

Sign in to help answer questions.