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Buy Alaska Mileage Plan miles and get a 40% bonus!
It wasn’t long ago that Alaska Air was offering a 35% bonus. Now they have done gone and did it again by one upping themselves with a whopping 40% bonus. Alaska Mileage Plan miles are some of the most valuable miles you can earn. Depending on what your traveling needs are, this could be an outstanding opportunity to buy miles at a significant discount. It is a tiered offer, meaning the more your buy the bigger the bonus. Let’s take a look at the deal:
If you were you max this deal out, you’d be buying 56000 miles for $1100, or a little more than .02 per mile. Not the most incredible deal in terms of points per dollar, but let’s take a look at what that $1100 would be buying you.
Here are Alaska Mileage Plan partners that you could you plan your trip around:
Now let’s look at some of their relative redemption values around the world:
Here’s a look at Cathay Pacific, Emirates, and Korean going to Asia
It’s pretty clear from these charts that you could buy an outstanding one-way business class ticket to Asia with a few thousand miles leftover on Cathay, Emirates, or American.
Looking at a few European awards…
You can buy as many points as you like with Alaska, the caveat is that they just have to be purchased in 40,000 increments. So you could easily buy a roundtrip business class ticket to Asia for under $2200 or one to Europe for roughly the same price. You could always mix and match your inbound and outbound tickets with one-way awards on various reward programs. Use Alaska to go to Europe and your AAdvantage miles to get your home. Just makes sure you check the availability of your travel dates and you’re good to go!
Another amazing feature of Alaska Mileage Plan is that they allow a stopover on your One-Way awards.
- A stopover is a layover in a city that is longer that 24 hours.
Looking at Emirates – You could use just 50,000 AMP to get you from Los Angeles to Singapore via Dubai. By using AMP to do this ticket you could then budget in a few days visiting Dubai! What an incredible way to see two extremely different parts of the world on the same ticket for under $1100!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
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® is exceptional 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: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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.