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Why Alaska’s free mileage transfer creates an opportune time to buy points.

Alaska Airlines Plane
courtesy of AlaskaAir.com

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Alaska is offering a little icing to their already sweet, sweet cake of a rewards program. You can transfer your miles fee free until December, 28th. That’s a great option if you’re looking to travel with a companion and one of you is short on miles. In fact, as I’ll point out below, this could be a great time to buy Alaska miles as you can take advantage of the 40% bonus and split the miles between two accounts. This offer seems to be targeted for those who carry Alaska Elite status, but that is something you can always status match into if the timing works for you.

If you aren’t into Alaska miles…get on it. You earn a mile for every mile flown, they have great partners, and I’ve completely switched my loyalty from American to AS as a result of their Mileage Plan program and their customer service. I’ve been impressed with their merger with Virgin as well and the communication they’ve initiated to keep loyalists abreast of the situation.

 

a screenshot of a message

I used Alaska Miles to fund part of a surprise trip to Japan. Check out the video here:

 

If you’re short on miles…this would be a solid time to shore up your accounts. Alaska is offering a 40% offer. Points are roughly 2.1 cents with this offer. 50% is an all time best bonus, but you can SHARE these miles at the 40% bonus rate.

I mentioned that this could be a good time to buy miles as they could be shared between two accounts. Let’s say you and a companion only need 30k miles in each account to make an award redemption work. This would mean, under normal circumstances, that you’d each have to by the miles you need separately. At a higher cost with only a 35% bonus

Now…one person could be 60k miles, get a 40% bonus, pay a lower price per point, and end up with 84k miles. You can then split those miles into two accounts with each person walking away with 42k points, priced as if you’d purchased the max.

This is a list of some of the best redemptions

Check out Cathay Biz and First to Africa and Australia – unreal deals.

  • To Asia
    • Cathay Biz is 50k One way
    • Cathy First is 70k One way
    • AA Biz to China is 55k
    • AA Biz to Japan is 50k
    • AA First to China is 67.5k
    • AA First to Japan is 62.5k
    • Japan Biz to Asia is 60k
    • Japan First to Asia is 70k
    • Japan Biz to S.E. Asia is 65k
    • Japan First to S.E. Asia is 75k
  • Europe
    • Air France biz is 62.5k
    • AA Biz is 50k,
    • AA First is 62.5k
    • BA Biz is 60k
    • BA First is 70k
  • Middle East
    • BA Biz is 70k
    • BA First is 80k
    • Cathay Business is 62.5k 
    • Cathay First is 70k
  • Australia
    • Qantas Biz is 55k
    • Qantas First is 70k
    • Cathay Biz is 60k
    • Cathay First is 80k
    • Fiji Biz is 55k
  • Africa
    • Air France Biz is 70k
    • British Airways Biz is 70k
    • British Airways First is 80k
    • Cathay Biz is 62.5k
    • Cathay First is 70k

A few of my favorite Alaska redemptions

Cathay Pacific First Class for 70k miles.

a man sitting on a chair with his arms raised

Japan Airlines First Class for 80k

a stuffed animal in a chair

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® Card is great starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Chase Ink Business Cash® ,  Chase Ink Business Unlimited® you can combine the points into the Sapphire Preferred account and transfer into hotel and airline partners

Annual fee remains quite low at $95 a year and if you use the $100 Annual Chase Travel Hotel Credit via Chase Travel℠ you’ll wipe out that annual fee every year.  It has great bonus categories and other useful statement credits to enhance your travel.

One thing that is a bummer is Chase lowered the transfer ratio to World of Hyatt from 1:1 to 4:3. 

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