Targeted: US Airways 100% Buy Miles Promotion Until October 31, 2012
Earlier today US Airways announced an amazing 100% bonus on sharing miles that equates to purchasing miles at roughly 1.1 cents a piece.
I just received a targeted email offering a 100% bonus on purchased miles until October 31, 2012. Normally miles cost 3.5 cents a piece plus tax, but with this promo they come out to just about 1.9 cents each, which isn't as great as the share miles promo, but not a horrible option for those people who want to buy a small amount of miles so they can leverage the share miles promo- since you need existing miles to take advantage of that bonus.
It is a targeted promotion, but I tried out a few other accounts that I manage and some were eligible even though they didn't get the email, so it can't hurt to try and login and see whether the 100% bonus offer populates. If you are eligible, once you enter your information it'll show red text highlighting the bonus.
100,000 miles through the buy miles promotion costs $1,881.25, or nearly 1.9 cents per mile.
Alternatively, you could purchase 12,000 miles and get a 12,000 mile bonus for $451.50. You could then transfer those 24,000 to another person's Dividend Miles account for $288 and account number 2 would end up with 48,000 miles. You could then transfer those 48,000 back to account #1 for $546 ending up with 96,000 miles for only $1,285.50, or almost 1.3 cents per mile- much cheaper than buying them outright.
If you need to increase your US Airways balance to take advantage of the Share Miles bonanza, you can also transfer Starwood points to US Airways at a 1:1 ratio and you get a 5,000 mile bonus for every 20,000 points transferred. Note: it can take up to a week or more to transfer from SPG to US Airways so plan in advance- if you start now, you'll have more than enough time before the promotion ends October 31, 2012.
[card card-name='Citi ThankYou® Preferred Card – Bonus Point Offer' card-id='22145660' type='javascript' bullet-id='1']
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app