We may receive a commission when you use our links. Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers. Monkey Miles is also a Senior Advisor to Bilt Rewards Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. We appreciate you using our links!!!
Buy Alaska Miles and get up to a 50% bonus
I’m a big fan of Alaska Airlines, carry Elite status, and when I see miles discounted, I’m always tempted to add to my balance. First off, prior to covid, a 50% bonus was Alaska’s best deal on purchasing miles, and 60% has been the best public offer ever since, and it’s back again.
I would point out some have received targeted 70% bonuses, but those were highly targeted and required having purchased massive amounts of points in the past to qualify. For everyone else…60% is the best we’ve seen.
Buy miles now with up to a 50% bonus through 06/25/22
The biggest reason you want to consider buying Alaska Miles is to use them for to fly expensive business and first class flights redemptions at 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.
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 50% bonus on purchased Alaska Miles is tiered so you’ll see this:
The more you buy, the bigger the bonus. It’s actually a pretty good deal if you can’t buy more than 30k points since these levels are usually tied to lower bonuses.
- 3k – 19k = 30% bonus
- 20k to 29k = 40% bonus
- 30k to 100k = 50% bonus
You can purchase up to 100k with a 50k bonus ( 1.97c per point ) In a single purchase
I will note that you are limited to 100k + 60k purchases in a single purchase, and how many purchases you can make is dependent on your elite status.
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…100k + 60k bonus.
If you don’t have Elite status, you are limited to 150k miles per year. ( This includes bonus points, so you’d be limited to buying under 150k total – so you’d want to buy under 100k to max out the 60% bonus deal deal ).
How long do Alaska miles take to populate your account
Most of the time, they populate instantaneously. However, don’t count on it. I wrote an entire post dedicated to my issue with this, and the miles took a little over 24 hours to end up in my account. It could end up longer.
Alaska Airlines is a part of One World
In 2020 Alaska Airlines announced that they were joining One World. This became official on March 31st, 2021. There is also improved benefits when flying domestically on American, including upgrades for Elites, lounge access, etc. In my opinion, it’s never been better to have Alaska Elite Status. Read the in depth break down here.
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, but these are very hard to come by.
That ticket sells for north of $10k easily, and with points…roughly $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.
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
With much of the world still under lockdown make sure you search for award availability prior to buying points. Many of these partners, while offering incredible redemption options, have quite strict rules.
- 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
- Emirates Business is 82.5k
- 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
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 60k Bonus Points after $4k Spend in 3 months
♥Points are transferrable to over dozen partners, or redeemable for 1.25c in Chase travel
♥5x on travel purchased via Chase Travel and 2x everywhere else
♥3x on dining, including eligible delivery services, takeout and dining out
♥3x on select streaming
♥ 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs
♥ $50 Annual Credit on hotel stays purchased via Ultimate Rewards. *New cardmembers can get this credit immediately – existing cardmembers get it after anniversary
♥ 10% Anniversary Point Bonus. Spend $10k in a year, get 1k bonus points.