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1,000 AAdvantage Miles With Home Loans, Equity Loans And Line Of Credit

American Airlines and Wells Fargo have partnered up to offer a chance to earn AAdvantage miles by financing or refinancing a home loan, equity loan or line of credit.

How To Earn 1,000 AAdvantage Miles With Home Loans

For each $10,000 financed on new or refinanced home loans, home equity loans, or line of credit, members may earn 1,000 American Airlines AAdvantage Miles.

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Message From American Airlines And Wells Fargo

Enjoy earning 1,000 American Airlines AAdvantage® miles for every $10,000 financed when you close on a new or refinanced home loan, home equity loan or a line of credit1,2.

Plus, you’ll benefit from competitive interest rates and fees, as well as, a wide array ofpurchase and refinance loan options.
To be eligible to earn AAdvantage miles, call and close your loan through
1-866-324-8127. Start the
process or request a consultation online. Program is not available through Wells Fargo retail branches.

Terms And Conditions

    1. The American Airlines AAdvantage® mileage program is effective only on loans originated and closed through 1-866-324-8127. To be eligible for AAdvantage miles, you must state your intention of applying through the American Airlines AAdvantage mileage promotion and request to earn AAdvantage miles at time of application. Wells Fargo Home Mortgage requires the AAdvantage number in its system at application. This program is not retroactive. If the AAdvantage number is not provided at application, AAdvantage miles will not be awarded. For new home equity transactions, AAdvantage miles are based only on the initial amount advanced on the closing date (funding may occur upon expiration of any applicable rescission period), not on the total line of credit amount (unless fully advanced on the closing date) or on future advances. AAdvantage miles cannot be combined with any existing Wells Fargo Home Mortgage promotions, including the Wells Fargo Three-Step Refinance SYSTEM. Not available on assumption or modification loans, loans or home equity loans or lines of credit originated through any Wells Fargo retail branches, brokers, joint ventures or other third parties. AAdvantage miles will post to your AAdvantage account within 6 weeks after your funding date.
    2. Home equity loans and lines of credit are available through Wells Fargo Home Equity Group, a division of Wells Fargo Bank, N.A.
    3. Refer to the terms and conditions here

Bottom Line

If the Wells Fargo rates are competitive, I may consider this option for any financing needs. You could earn 1,000 American Airlines AAdvantage miles with every $10,000 borrowed.

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About the Author

About the author: The Weekly Flyer is writes about travel from a business traveler perspective. He travels the world every week accumulating points and miles along the way. Feel free to reach me at theweeklyflyer@gmail.com

{ 4 comments… add one }

  • David April 18, 2013, 11:30 am

    I tried inquiring about this program when I was refinancing my house and the rate offered is higher than what Wells fargo offers locally, make sure to check with your local bank and see if it is worth the miles to pay higher rates for 30 years.

  • Nic April 18, 2013, 11:49 am

    Check the interest rate on those loans.

  • Jerry April 18, 2013, 12:00 pm

    Look at the closing costs. $4k for 200k loan and goes up from there. Not a good deal

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