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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 milesget a 50% Bonus
Purchase 20,000-29,000 milesget a 75% Bonus
Purchase 30,000-50,000 milesget 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.

Earn up to 100% bonus on purchased US Airways miles.
Earn up to 100% bonus on purchased US Airways miles. (Shutterstock)

Worth It?

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.

2018 TPG Award Winner: Mid-Tier Card of the Year
Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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