A million air miles for the price of a few gift cards? Sign me up!

Story highlights

German entrepreneur says he is 150,000 miles into a 1 million air mile target

Scheme involves buying gift cards with air mile-linked credit cards, and immediately liquidating the cash

Only researched for United States so far, but is good for first class flights on various airlines

CNN  — 

A German entrepreneur claims to have found a way to buy 1 million air miles for as little as $6,500.

Those air miles could translate into two first or business class trips on Etihad Airways from the United States to the Maldives, or up to five return first class trips to Asia on Singapore Airlines.

Best part: he says anyone could do the same.