American is offering progressively greater discounts for larger points purchases, up to 25% off for a 40,000 mile purchase, expiring August 31.
This is still 2.3 cents per mile all-in even with 25% off for 40,000 miles purchased, more than I would pay speculatively for miles but decent for topping off an account for a specific award level and especially with a particular award in mind. American allows award holds for 5 days, and points will post within a couple of days. So you can hold the award you want and then buy points you may need.
The offer is in line with the recent trend towards short-term mileage purchase discounts and bonuses, but isn’t as rewarding as the beginning of April offer of a 30% bonus combined with a 15% discount that amounted to buying miles at 2 cents per point.
40,000 miles is the most you can buy in a calendar year per member account.
I won’t be jumping on this offer, but potentially useful to some.