Great Deal: Purchase Lifemiles With up to a 135% Bonus

May 3, 2018

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Lifemiles is Colombian-based airline Avianca’s mileage program. It’s really made itself known by being the wholesaler of cheap Star Alliance miles and award tickets. And now it’s back with another offer: Now through May 30buy miles with up to a 135% bonus. If you were targeted for the full 135% bonus, the bonus drops the price down to 1.47 cents per mile.

Even if you weren’t targeted for the 135% bonus, the terms and conditions of the offer seem to indicate that all members can get a 125% bonus. At this bonus level, the price for buying miles is just 1.47 cents per mile — still below TPG’s valuation of 1.7 cents per Lifemile.

Here’s how the bonus was structured for me:

  • Buy 1,000 – 50,000 miles, get a 100% bonus (1.65 cents each)
  • Buy 51,000 – 100,000 miles, get a 115% bonus (1.53 cents each)
  • Buy 101,000 – 200,000 miles, get a 125% bonus (1.47 cents each)

If you’re looking for the absolute cheapest mileage cost, Avianca’s “Club Lifemiles” monthly subscription plan still gives members a chance to buy miles as cheap as 1.39 cents per mile.

For a while, Lifemiles were so difficult to actually redeem that we didn’t recommend it to readers. Since then, the program has made some notable improvements, but there can still be hassles. That said, the hassles can be worth it for the hidden gems in the program, such as domestic United flights starting at just 7,500 miles one-way. Lifemiles lands #1 on our list of most undervalued airline loyalty programs. Plus, if you need to top off your account, Lifemiles are now a transfer partner of Citi ThankYou Points.

One of the best benefits of Lifemiles is that it doesn’t pass along fuel surcharges, making it an excellent way of booking Lufthansa first class for cheap. At 1.47 cents per mile and an award cost of 87,000 miles one-way, a Lufthansa first class flight between the US and Germany only costs $1,279. Taxes and fees from the US to Germany only add another $25.

H/T: Loyalty Lobby

Bank of America® Premium Rewards® Visa® credit card

This card from Bank of America gets really interesting if you have a BofA checking, savings or investment account. Depending on the value of your combined accounts you can potentially get as much as 3.5x points on travel/dining and 2.625x points on other purchases making it the richest consumer banking bonus out there.

Apply Now
More Things to Know
  • Receive 50,000 bonus points – a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
  • No Foreign Transaction Fees
  • Low $95 annual fee
Intro APR on Purchases
N/A
Regular APR
17.74% - 24.74% Variable APR on purchases and balance transfers
Annual Fee
$95
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.

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