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US Airways is again offering a bonus of up to 100% on purchased Dividend Miles now through September 30th, 2014. However unlike some recent 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 1,000-9,000 miles, get a 25% Bonus
• 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. Miles normally cost cost 3.5 cents each, plus a 7.5% tax. If you choose to purchase the maximum of 50,000 miles, the cost is lowered to about 1.88 cents per mile.
If you have a specific US Airways award in mind and need miles to top off your balance, then you should consider taking advantage of this offer. However, if you don’t have any specific redemptions coming up, then don’t bother. I currently value Dividend Miles at 1.9 cents apiece; while this offer comes in slightly below that rate, it’s not enough to make buying miles worthwhile just to bank them for later.
US Airways exited Star Alliance and joined Oneworld earlier this year, and 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.
Another thing to keep in mind is that these miles will become American Airlines AAdvantage miles at some point in 2015. US Airways is currently in the process of merging with American Airlines; flyers on both airlines can already earn and redeem miles reciprocally, and the Dividend Miles and AAdvantage programs will eventually merge as well.
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. As a reminder, you can get 5,000 miles off US Airways awards if you have the US Airways Premier World MasterCard, though this benefit is set to expire in 2015.