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Buying United Miles with 85% bonus miles
I just received an email from United with their bonus miles promotion. Is it a good deal or worth buying United Miles with 85% bonus @ 1.89 cents / mile?
30,000 + 25,500 = 55,500 miles for $1,050 (min.)
94,000 + 79,900 = 173,900 miles for $3,290 (max)
Both Lucky and TPG value United miles at 1.4 cents. It is probably not worth it unless you have a specific award ticket for which you need the miles.
[Edit – I didn’t do any math myself – you are saying that the miles come out to 1.89 cents [I]after[/I] factoring in the bonus, right?]