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US Airways is again offering a bonus of up to 100% on gifts or purchases of Dividend Miles through July 31, 2014, though unlike recent similar promotions, this one is targeted. Check your email for a notice from US Airways to see if your account is eligible. The bonus amounts are as follows:
- Purchase 10,000-19,000 miles, get a 50% bonus
- Purchase 20,000-29,000 miles, get a 75% bonus
- Purchase 30,000-50,000 miles, get a 100% bonus
The maximum bonus you can earn is 50,000 miles, so any miles purchased beyond that amount will not qualify. This is an excellent opportunity, especially if you choose to purchase all 50,000 miles, as the cost is lowered to about 1.88 cents per mile. Miles normally cost cost 3.5 cents each, plus a 7.5% tax.
Should You Buy?
Of course, if you were already planning to buy US Airways miles and you were targeted for this promotion, you should jump on it. If you’re unsure, consider your own travel needs and what awards you’re most likely to redeem the miles for.
US Airways recently exited Star Alliance and joined Oneworld, so while most of its Star Alliance partners are no longer available (just Singapore Airlines through the end of July), there are great award redemptions available on its new Oneworld partners like Cathay Pacific and Qantas. For ideas, read my list of the Top 11 Awards To Book With US Airways Miles Now That It Is A Member of Oneworld, or check out TPG contributor Eric Rosen’s report on his recent round-the-world trip to Europe and Asia using just 90,000 Dividend Miles (or 110,000 miles after the recent devaluation).
The decision of whether to purchase miles comes down to your personal travel agenda. Economy redemptions generally offer less value, but US Airways does have some flexible routing options that might make domestic award flights worthwhile. Using the purchased miles for economy redemptions to Europe during peak times (like in the summer) might also end up being cheaper than paying for a ticket. Also, note that you get 5,000 miles off US Airways awards if you have the US Airways MasterCard, though this benefit is set to expire in 2015.
Citi® / AAdvantage® Platinum Select® MasterCard®
|Intro APR||Regular APR||Annual Fee||Balance Transfer||Credit Rating|
|N/A||14.24% - 22.24%* (Variable)||$95, waived for first 12 months*||See Terms||Excellent/Good|