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Open an account
in the American Beacon Money Market
Mileage Fund and earn American Airlines AAdvantage® miles.
Invest in the Money Market Mileage Fund and each month you
will be credited one mile for every $10.00 maintained in the Funds
on an annualized basis.
How
are miles earned?
- 1 mile is
earned for every $10 maintained on an annualized basis.
- Mileage is
calculated on the average daily balance and posted monthly.
- There is
NO maximum to the miles that may be earned.
- Only $2,500
is needed to open an account, and subsequent investments may be
made for as little as $50.
Mileage
Examples
With a daily average balance of $12,000 deposited into an account
on the first day of the month, 100 miles would be credited for that
month. ($12,000 divided by 10, then by 12 months.)
With a daily average balance of $10,000 deposited into an account
on the first day of the month, 83 miles would be credited for that
month.
If an account is funded mid-month, a prorated calculation will be
used. For example, the average daily balance on a $50,000 account
funded on the 16th day of a month having 30 days (maintaining that
balance for the entire month) would be $25,000. Therefore, dividing
the average balance by 10 and then by 12 months would total 208
miles for the month.
Qualified retirement accounts, including IRAs and IRA rollover accounts,
and certain other accounts are not eligible to invest in the American
Beacon Mileage Funds.
American Airlines reserves the right to end the AAdvantage® program with six months
notice. AAdvantage® travel awards, accrued mileage credits and special offers are
subject to government regulations. American Airlines is not responsible for
products and services offered by other participating companies. Any departure fee,
immigration fee, security fee, tax liability surcharge or passenger facility charge or any
other fee or surcharge (whether enacted by a governmental authority or otherwise) is
the responsibility of the passenger and/or the AAdvantage® member.
AmericanAirlines and AAdvantage are marks of American Airlines, Inc.
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