American is offering a 25% bonus on converting hotel points into up to 20,000 miles and a 35% bonus for transactions converting hotel points into more than 20,000 miles.
40,000 Starwood points, for instance, become 67,500 American miles under this promotion. (Just don’t covert more than 60,000 Starwood points per day in order to maximize your bonus. You can’t get more than 99,999 American miles posted by Starwood in a day, and converting 80,000 Starpoints would generate 100,000.)
American’s promotion email calls this an “Unprecedented Offer” .. I’d hardly call it unprecedented when US Airways is offering a 50% bonus on hotel point transfers, and Delta once offered a 150% bonus. So it’s definitely precedented. But still it seems worthwhile if you have a strong need for American miles.
Offer expires June 30, 2010, and bonus miles will be posted within 7 business days after converted miles post to American.