I’m only traveling every other week on my project that is ending in a couple weeks, by the end of this month I’ll be qualified for Gold status on AA, is it worth it to do challenge for Plat?

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Don’t until you have enough travel lined up to meet the terms of the challenge to keep Plat status.

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Challenges usually start the day you register, so doubt you would make the segments / miles required

No. Plat frankly isn’t much better.

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