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Although in the past US Airways has run decent bonus promotions on buying and gifting award miles – most recently a 100% bonus in May –  in what could very well be the last such pre-merger with American Airlines promotion, US Airways is currently offering a targeted bonus of 100% for buying or gifting miles up to 50,000 (so 100,000 with the bonus) July 1 – 31, 2013.

I received an email letting me know about this targeted offer.
I received an email letting me know about this targeted offer.

Miles are sold for $.035 cents each plus a 7.5% tax recovery charge. You can only buy up to 50,000 miles at time (100,000 with the bonus) so 100,000 miles through the buy miles promotion costs $1,881.25, or nearly 1.9 cents per mile. For 110,000 miles you can get a roundtrip business class ticket to South Africa, which is what I recently did. Spending under $2,000 for an $8,000+ flight is a pretty great deal. Economy redemptions are generally not as good an idea, but US Airways does have some flexible routing options which might make it worth it for you.

Other good redemption values are 90,000 miles for business class to Asia and 110,000 miles to the South Pacific (which you can also route through Asia with a stopover). Also note that you get 5,000 miles off US Airways awards if you have the US Airways MasterCard.

Although buying miles can be costly and usually only make sense with a specific redemption in mind, given the fact that US Airways will merge with American sometime in 2014 and the deal is expected to close by the end of the summer, this could be one of your last chances to get in on a 100% bonus on purchased miles.

This could also be a workaround to top up your American AAdvantage account, because after the merger goes through (and there’s no doubt it will now), you should be able to switch miles in between programs until they are finally merged in 2014 or even later. I wouldn’t bank on that, but even as US Airways miles, they can be extremely valuable depending on how you use them. Keep in mind that you can also buy US Airways miles for cheap using the Mileage Multiplier.

Terms & Conditions:
– All purchases are non-refundable.
– Bonus miles will be awarded upon completion of the transaction.
– The maximum number of Buy and Gift Bonus miles that can be received by one member for this offer is 50,000 bonus miles.
– All miles purchased beyond this limit will not be eligible for a bonus.
– Offer is subject to change. Offer cannot be combined with any other offer.
– Share transactions are not eligible for bonus.
– Only purchases made online are eligible for the bonus.
-Your account must be at least 12 days old.

Chase Sapphire Preferred® Card

With great travel benefits, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.

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More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

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