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Alaska Airlines is running a Buy Miles promotion through October 14, 2014, where you can buy miles with up to a 40% bonus.
It’s a tiered bonus, and the amounts are as follows:
- Buy 5,000 – 19,000 miles, get a 20% Bonus
- Buy 20,000 – 34,000 miles, get a 30% Bonus
- Buy 35,000 – 40,000 miles, get a 40% Bonus
You’d need to purchase between 35,000 to 40,000 miles in order to obtain the full 40% bonus. Each set of 1,000 miles costs $27.50 plus a 7.5% Federal Tax, so buying the full amount would total $1,182.50 for 56,000 miles (40,000 miles plus the 16,000 mile bonus). That comes out to 2.1 cents per mile. While that’s more than my current valuation of 2 cents for Mileage Plan miles, this offer is useful if you have a specific and immediate redemption in mind and need miles to top up your account.
Beyond that, Alaska miles are handy even if you don’t have a specific redemption in mind, since you can redeem them to fly on one of Alaska’s partner airlines, such as Cathay Pacific, Emirates, Qantas or Korean Air. You can even redeem them on Fiji Airways, which is intriguing to me personally as I’ve always wanted to go diving in Fiji. Keep in mind that miles are non-refundable and do not count toward MVP and MVP/Gold status. The offer is subject to change and all terms and conditions of the Mileage Plan Program apply.
Alaska Airlines Fall Award Sale In addition to the buy miles promotion, Alaska Airlines is also having a fall award sale in which award flights are starting at just 5,000 miles each-way. This sale is for flights between select cities from August 30, 2014 to October 31, 2014.
For instance I was able to find plenty of award space from Los Angeles to Salt Lake City in October for only 5,000 miles each-way. Alaska competes on this route with Delta, who offers several daily flights, so possibly they aren’t seeing the demand of Alaska flyers.
Another route where the fare sale is being offered is from Seattle to San Francisco, which has some decent availability in coach for only 5,000 miles each-way. You can view all the routes where the fare sale is offered to see if they would be useful for your upcoming travels.
Gold Delta SkyMiles® Credit Card from American Express
|Intro APR||Regular APR||Annual Fee||Foreign Transaction Fee||Credit Rating|
|None||15.99%-24.99% Variable||$0 intro annual fee for the first year, then $95||0%||Excellent Credit|