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American Express Free Airline Companion Ticket Offer

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Is anyone familiar with this offer or something similar?

Yesterday I received an email from AE with a subscribe to Travel & Leisure magazine, pay $2.99 processing fee and can receive a companion ticket (value up to $599) to one of their 100 designated cities. I've clicked and searched and can't find more specific information.

There doesn't seem to be any huge risk in the offer, I like the magazine and certainly could cancel it if I wanted to but I'm just curious as to others' experiences.

Thanks,
Linda

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