Buy AA Miles for 2.01cpm

From now until December 31st, AA is offering bonus miles on mile purchases.  Additionally, the normal 40k/year cap has been lifted to 60k miles.  Miles cost $29.5625/1k (inclusive of taxes) for purchases of 6k miles or more, plus a $35 processing fee on the entire transaction.

The bonus system is tiered.

Purchase Bonus
5-9k 1.5k
10-14k 3k
15-19k 4.5k
20-29k 10k
30-39k 15k
40-49k 20k
50-59k 25k
60k 30k

As to best amortize the $35 transaction fee, purchasing 60k miles for $1808.75 yields 90k miles, yielding a cost of 2.01cpm.

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