American Airlines still awards 1 Elite Qualifying Mile (EQM) per mile flown regardless of the cabin you fly in or the cost of the ticket so, with a trip length of 19,938 miles I will earn 19,938
EQM at a cost of just 4.0 cents per mile.
Now that American is eliminating EQPs as a method of qualifying for status, it'll be significantly easier to qualify, as you earn
EQMs at the following (increased) rates:
Not exact matches
«By moving ahead with the tax - free spin - off of the midstream business and merging
EQM and RMP — following the previously announced addition of two new directors with midstream experience — we believe the Company has put itself on the best path forward for itself and all shareholders,» Quentin Koffey, portfolio manager
at D. E. Shaw, said in a statement.
With the AAdvantage card, you'll get 10,000 Elite Qualifying Miles (
EQMs) every year that you spend
at least $ 40,000 on the card.
For
EQM - Zero flyers like ourselves Alliances and partners are important because award seats
at the low level on any one partner airline are usually able to be booked by any other partner's program.
One of the arguments that mileage runners (like Scottrick) have for mileage running is that you accumulate redeemable miles
at a high rate with 100 % bonuses, thus earning a rebate that makes your cost for an
EQM low.
So let's then look
at how much an
EQM costs through spending vs. mileage runs.
The rationale I've heard is that the 10,000
EQM prevents the card holder from having to do a «mileage run»
at the end of the year to achieve status on American Airlines so it's saving the user the airfare and associated costs of that mileage run.
You'll get 10,000
EQMs every year that you spend
at least $ 40,000 on the card.
Starting in January, AAdvantage members can qualify for elite status in two ways: elite qualifying miles (
EQMs) or elite qualifying segments (EQSs)
at the same thresholds as now.
Elite Qualifying Miles (
EQMs) and Elite Qualifying Segments (EQSs) earned
at a reduced rate of 0.5 per mile / flight segment flown
As you can see from the British Airways chart below,
EQM earning is still capped
at 1.5
EQM / mile flown even for the most expensive fares.
Where in the past flyers would earn 1.5
EQM / mile flown now it's
at least 2
EQM / mile flown and, for the truly expensive fares, 3
EQM / mile flown:
Given the same 15 flights above, and using the average of 19,500 miles per we're looking
at needing 292,500 on the low end, and 375,000 miles on the high end to make
EQM - Zero happen.
Let's look
at how many miles it would take an average flyer to reach
EQM - Zero
EQM can also be earned from partner airlines
at various rates.
The flex
EQM's and the 25 % bonus are what raise the value of this card (for me,
at least) above the value of the SPG Amex or a simple 2 % cash back card.
With the AAdvantage card, you'll get 10,000 Elite Qualifying Miles (
EQMs) every year that you spend
at least $ 40,000 on the card.
Over
at Milenomics, one of my favorite travel hacking blogs, the author strives for
EQM - Zero, on the grounds that it's so easy to earn rewards currencies that spending actual money is a mug's game.