American Airlines Advantage are now offering up to 100% bonus on points purchase. Is it worth it? Exchange rate is not great, risk of AA folding? Unlikely I know, but still a consideration.
I have found AA points extremely useful in the past. Easy to find redemption seats, especially with Qatar. But with the present exchange rate the cost for a return to Europe in business, even with the present bonus, is around 3000 USD (170 000 points) approximately 5000 AUD which is not too far off a “cheap” business class ticket.
Happy to hear thoughts on this.