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Alaska Air Mileage Plan is selling miles with a 40 bonus or 2.11 cents a piece.
I’m a big fan of Alaska, even carry their MVP Gold status, but when I see miles discounted this much, I’m tempted to add to my balance. It used to be that you could buy Alaska miles with a bonus every few months, then 6-8 weeks, and now, they seem to have a new promotion that start a couple of weeks after the last one ending. ( If you’re keeping track it was for a 40% bonus and ended a September 22nd – some were targeted for Early Bird 50% bonuses this month as well).
The biggest reason you want to buy Alaska Miles is it opens up the ability to use the points to redeem expensive business and first class flights for a fraction of the cost. Most of you already know about this strategy, but keep reading as I explain what I’m talking about in more detail.
The deal goes until October 31, 2019, is tiered based on the number of miles you purchase, and if you buy at the 40% level, you’re purchasing for roughly $0.0211. ( Best ever is 1.97 – that’s a 50% bonus)
Of course, I never recommend buying any points, regardless of program, on speculation. So only buy if you foresee a good use for them in the near future.
The 40% bonus on purchased Alaska Miles is tiered so you’ll see this:
The more you buy, the bigger the bonus:
- Buy 10,000 – 19,000 miles = 20% bonus
- Buy 20,000 – 39,000 miles = 30% bonus
- Buy 40,000 – 60,000 miles = 40% bonus or 50% if you received the higher offer
Again. I’d never recommend buying points speculatively, but price it out. Miles…do you buy Alaska Miles? Yes, we have!
When offers come up to get valuable points at a discount, I always think it’s worth considering when planning a trip. Often times simply buying points can result in a cheaper out of pocket cost than just buying the flights outright. For instance, I flew to Australia in Qantas First Class for 70k miles. That ticket sells for north of $10k easily, and with points…under $1400. Obviously this is an extreme example, but it works for a domestic flights as well. Often times Alaska will have a one way premium transcon flight priced over $1000…but also priced at 25k points. Easy redemption there.
If you have elite status with Alaska Airlines, you can repeat the purchase as many times as you want to fill your account with the desired miles you need.
Unlike some other airlines, Alaska will not limit the total amount of miles you can purchase for their elites, just the total you can purchase at one time. In this case…60k + 24k bonus.
If you don’t have Elite status, you are limited to 150k miles per year.
Alaska also allows you to book in a stopover on Award tickets.
I used the stopover to spend 3 nights in Hong Kong at the Grand Hyatt Hong Kong – booked with Prive benefits.
We flew on their A350 from BNE to HKG and then HKG to LAX aboard Cathay Pacific First Class. Cathay’s Business Class is a wonderful product featuring reverse herringbone, cirrus seating that is amongst the tops in the world.
Here’s a list of some of the best redemptions and why you may want to consider buying Alaska Miles
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
- 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
- Hainan Business Class is 50k
- Korean Airlines is 52.5k ( must be booked roundtrip, read this post for details )
- AA Biz is 57.5k
- AA First is 80k
- FinnAir is 70k
- 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 – 70k miles to fly First Class from the States to Australia!
- Qantas Biz is 55k
- Qantas First is 70k
- Cathay Biz is 60k
- Cathay First is 80k
- Fiji Biz is 55k
- Korean Airlines for 125k roundtrip in Biz
- 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
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