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I got an email this morning that advertized “no fee” and a 50% bonus when sharing US Airways miles with someone through June 30th. If this were really the case, it would be a heck of a deal! However, “no fee” isn’t as good as it sounds at first.
Here are the details:
Limited time offer: Give a 50% bonus and skip the processing fee when you Share Miles!
Now through June 30, 2013, when you share miles, you won’t pay the processing fee. Plus, you’ll give 50% more – up to 25,000 bonus miles.
Sadly, it is just the processing fee of $30 that is waived, and not the roughly two cents per mile of other charges. That means that if you want to transfer 50,000 of your miles to a friend or family member they will get a total of 75,000 miles with the 50% bonus, and you will be hit with a $500+ charge for doing so….though the $30 processing fee will be waived. 😉
US Airways had a really lucrative share miles promo last year, but sadly this one isn’t that great. I also think the wording on the title of the email that states “no fee when you share your miles” is a bit misleading. However, now you know the details and can make a decision accordingly. I’ll be passing on this deal and hoping a better one comes around at some point.