How Many Frequent Flyer Miles Can You Get With A $36M Charge?

Last spring a man bought an ancient Chinese ceramic cup, sold by Sotheby's Hong Kong. The price: $36 million. But because of currency rules, he paid with his American Express card.

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STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep. Last spring, a man bought an ancient Chinese ceramic cup. It was sold by Sotheby's Hong Kong. The price was $36 million. The Chinese collector enjoyed a benefit for paying so much - currency rules prevented him from taking enough cash to Hong Kong. So he paid the $36 million with his American Express card. He received so many AmEx bonus points that he would be entitled to 28 million frequent flyer miles. It's MORNING EDITION.

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