In the interest of full disclosure, Monkey Miles earns compensation through affiliate links and referrals. You do not have to use them, but we greatly appreciate your readership and support. We also participate in Amazon Affiliates. Please read my disclosure policy for further details.
Up to 50% bonus on purchased Alaska Air Miles
Emails are being sent out to Alaska Air Mileage Plan members titled the “Instant Mystery Bonus”. Basically, it is a “mystery” how big your bonus will be when you purchase miles. The promotion runs until September 29th, and if you are targeted for 50%, you are getting the best ever Alaska Air promotion. If you’re needing to shore up your balance to make that dream trip a reality, I’d say that this is a great time to do it. However, I wouldn’t advise just buying miles on speculation…you never know what will happen – like a huge Emirates deval. Here’s a look at the promotion where you can receive up to a 50% bonus on purchased Alaska Air Miles.
The MYSTERY will sooooooon be revealed!
Here is the email that you will receive. It’s not until you click on the link that you will be prompted to enter your Alaska Air information and…
BAM! We scored 50% BYAW BYAW BYAW
This couldn’t have come at a better time, really. I’m in the midst of planning a trip and needed some extra Alaska miles. As you can see below the deal is structured so you earn a bigger bonus the more points you buy.
Including taxes the deal comes to 1.97 cents per mile.
However, if you were to use these points on travel on foreign partners you should be able to recoup the taxes at the end of the year. Gary Leff wrote an article on this which you can find here. For me, I’m looking to redeem my miles on foreign carriers, namely Cathay Pacific or Japan Airlines ( once their flights become avail to Alaska ), on business or first class flights to Asia: 50k or 70k, respectively. If we remove taxes from the valuation, we’re looking at just over 1.8 cents per mile. At that valuation, I’m buying a one way business class flight to Asia on Cathay for $900. That is a SICK value.
Removing taxes I’d be paying $900 for a one way flight to Asia on Cathay:
That ain’t shabby folks. You can see my review of Cathay Pacific business class here. It’s a great product featuring reverse herringbone seats that lie flat. They also serve Johnnie Walker Gold…which is a great blended scotch. B-YAW!