This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

After Alaska Airlines and Finnair announced their partnership in May 2017, members of the two programs could earn reciprocal miles when flying either of the two carriers, but only Finnair members could redeem their miles for Alaska flights, not vice versa.

As of Tuesday, you can redeem your Alaska Mileage Plan miles for Finnair flights. As One Mile at a Time points out, there’s still no award chart for Finnair flights listed on Alaska’s site, but once you search for awards, they’ll populate.

Based on searches and without the published award chart, the following appear to be the redemption rates for Finnair flights:

  • 30,000 Mileage Plan miles — Economy class one-way between the US and Europe
  • 32,500 Mileage Plan miles — Economy class one-way between Europe and Asia
  • 60,000 Mileage Plan miles — Business class one-way between Europe and Asia
  • 70,000 Mileage Plan miles — Business class one-way between the US and Europe

In addition to these long-haul transatlantic and transpacific options, you can also use Alaska Mileage Plan miles to fly on Finnair’s European route network. That redemption breakdown comes out to 12,500 Mileage Plan miles one-way in economy within Europe, or 20,000 Mileage Plan miles one-way in business class.

Of course, you’ll also have to pay taxes and fees on these redemptions, which appear to range from $19 to the low $60s.

Finnair operates flights from Helsinki (HEL) to New York (JFK) year-round. In addition, the carrier offers seasonal service between HEL and Chicago (ORD), Miami (MIA) and San Francisco (SFO). If you’re flying long-haul with the carrier, expect either an A330 (for US flights) or an A350 — the latter of which TPG Editor-at-Large Zach Honig reviewed in business class and found to be comfortable but not luxurious, and contributor Michael Spelfogel reviewed in economy comfort and found to be great.

Photo by Zach Honig.

While the addition of Finnair for Mileage Plan redemptions is an overall positive, as it gives you another option for your miles, the redemption rates aren’t the best. Alaska Mileage Plan is known as one of the best programs for travelers looking to redeem for premium cabin awards. And, with these redemption rates — 70,000 miles one-way between the US and Europe — you could potentially be getting better value from your Alaska miles elsewhere.

For example, you can redeem 50,000 Mileage Plan miles for a one-way ticket in Cathay Pacific business class to Asia. Alternatively, you can fly in Cathay’s first-class cabin for 70,000 Mileage Plan miles one-way to Asia. One-way to Asia in Japan Airlines first class, one-way to Australia or Zealand in Qantas first class will also cost you 70,000 miles. So, for the same price of that one-way business class jaunt from the US to Europe in Finnair business, you could be getting some arguably superior awards, and get to farther-flung destinations.

Alaska miles are some of the highest-valued airline rewards in TPG’s valuations. The trouble is, there aren’t many great ways of racking up Alaska miles. You can score a 30,000-mile bonus after you spend $1,000 within the first 90 days  — plus a companion fare — by signing up for the Alaska Airlines Visa Signature credit card. Or, you can transfer valuable Starwood Preferred Guest Starpoints, either directly with a 5,000-mile bonus for each 20,000 Starpoints transferred, or by getting a Marriott Hotel+Air Package if you have a bunch of Starpoints and/or Marriott points.

Featured photo by Zach Honig.

Alaska Airlines Visa Signature® credit card

Alaska miles are extremely valuable because you can book awards on partners like Emirates, Icelandair, Korean Air and Japan Airlines. The current bonus of 30,000 miles can book you a roundtrip ticket on Alaska Airlines from Boston to San Diego or New York to Seattle, for example.

Apply Now
More Things to Know
  • Special Introductory Offer: Buy 1 ticket, get 1 for just the taxes and fees with Alaska's Famous Companion Fare™ Offer.
  • Get 30,000 bonus miles after you make $1,000 or more within the first 90 days of your account opening.
  • Get Alaska's Famous Companion Fare™ every year! Each Year on your account anniversary get a companion fare from $121 ($99 plus taxes and fees from $22). Valid on all Alaska flights booked on alaskaair.com.
  • Save with a free checked bag on Alaska flights for you and up to six other guests on the same reservation.
  • Earn 3 miles for every $1 spent directly on Alaska Airlines purchases and 1 mile for every $1 spent on all other purchases.
  • New - Get exclusive access to discounted redemption levels when you redeem miles for hotel stays at over 400,000 properties using Mileage Plan™ Hotels.
  • Earn unlimited miles and travel with no blackout dates and no foreign transaction fees.
Intro APR on Purchases
N/A
Regular APR
16.99%-24.99% Variable APR on purchases and balance transfers
Annual Fee
$75
Balance Transfer Fee
Either $10 or 3% of the amount of each transaction, whichever is greater.
Recommended Credit
Excellent/Good

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.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.