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Last month US Airways ran a 100% buy miles promotion, but it was only targeted to certain Dividend Miles members. This month they’ve opened it up to everyone and the math is still the same- you can buy up to 50,000 miles, so with the 100% bonus you end up with 100,000 miles for $1,881. So it is worth it? Short answer- absolutely if a) you value business/first class travel and b) know to how leverage Dividend Miles for their maximum value or c) want to take a bet that the US/AA merger will be approved and these miles will eventually merge into your American Airlines AAdvantage account since AA almost never sells miles for less than 2 cents a piece.
Miles are sold for 3.5 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 little 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: With great transfer partners like United and Hyatt, 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.
– 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.
With great transfer partners like United and Hyatt, 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.