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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!
Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers
A Monkey Miles favorite for beginners and point pros alike – a staple of our wallet that earns Premium transferrable Ultimate Rewards. $95 annual fee
♥ Earn 80k Bonus Points after $4k Spend in 3 months + $50 grocery credit
♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel
♥2x on travel
♥2x on dining
♥1x on all purchases