American AAdvantage has lengthy had a partnership with Stand Up To Most cancers, which is a unbelievable charity. In the meanwhile, donating to Stand Up To Most cancers may be notably profitable.
Earn 25-50x AAdvantage miles on most cancers analysis donations
American AAdvantage ordinarily provides 10x miles when donating to Stand Up For Most cancers. Between August 15 and September 30, 2024, these donations may be way more profitable:
- When donating $25 or extra, you may earn 25x AAdvantage miles per greenback donated
- When donating $25-10,000 utilizing an American AAdvantage Mastercard issued in america, you may earn 50x AAdvantage miles per greenback spent
Whereas there’s no cap on the variety of donations on which American will supply 25x miles, the 50x miles is simply out there for the primary $3 million in donations. I think about the web site might be up to date if/when that cap is reached.
Observe that the miles earned by way of this supply are AAdvantage redeemable miles, and wouldn’t rely as Loyalty Factors.
This can be a rewarding solution to do good
If in case you have an eligible bank card, you possibly can primarily be shopping for American AAdvantage miles for 2 cents every. Is {that a} fee at which I’d proactively choose them up? No, most likely not. Nonetheless, it’s an incredible alternative if you wish to purchase miles whereas additionally doing good, and it’s even decrease than the associated fee at which American normally sells AAdvantage miles. Most cancers analysis is after all a worthwhile trigger.
Personally I worth AAdvantage miles at ~1.5 cents every, so so far as I’m involved, you’re getting a 75% “return” in your donations within the type of miles. Different folks will worth miles in another way, and might do their very own math.
Now, many individuals could surprise if these donations are tax deductible. You’ll need to seek the advice of your tax skilled, however the phrases state the next:
For charitable deduction functions, every mile is valued at 3 cents per mile. The receipt of miles could cut back the tax deductibility of your contribution.
A valuation of three cents per mile would put the reward at greater than the donation quantity (for these incomes 50x miles). Now, I suppose you possibly can dispute the worth of miles, however nonetheless, most wouldn’t be taking a look at getting a major tax profit right here.
Backside line
In the meanwhile, you may earn as much as 50x AAdvantage miles when donating to Stand Up For Most cancers. This can be a solution to purchase AAdvantage miles for 2 cents every whereas doing good, so it’s one thing value contemplating. I plan to make a donation, and encourage others to as effectively.
