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The reasons you want to buy miles are very simple.
- You need to shore up your balance in order to book a trip you have plans to make, or will make.
- Buying points is a discounted way to access aspirational flights ( business and first class )
- Buying points is cheaper than paying for a ticket on its own, even in economy.
If you don’t identify with one of those three reasons. You don’t need to buy points. A bigger balance is simply a risk you’ll get hurt if those points are devalued.
Alaska Airlines is one of the best ways to accomplish these purposes and why I promote their point sales every single time. While 40% isn’t the best ever, that’s 50%, is does price their points at 2.1 cents a piece. A very competitive price and one I’ve taken advantage of in the past.
Alaska partners with some of the best airlines in the world offering incredible, jawdropping experiences in both business and first class. Experiences I’ve actually reviewed and can’t wait to do again. Those experiences are why I’ve been loyal to the brand for my paid tickets as well. I spent two years as a top tier, MVP Gold 75k, and currently maintain Gold status.
Here’s a look at the deal:
As you can see you need to buy 20k for the 40% bonus to kick in.
Miles… I want to see what you’re talking about when you say aspirational premium product.
Cathay Pacific First Class – 70k Alaska Miles or $1470 purchasing them with a 40% bonus
Cathay Pacific Business Class for 50k points
Japan Airlines First Class for 70k points
I’d never recommend buying points speculatively, but price it out.
I flew to Australia in Qantas First Class for 70k miles. That ticket sells for north of $10k easily, and with points…under $1500. Obviously this is an extreme example, but look into what these flights cost in Economy. It may not be $1500 one way, but it ain’t cheap.
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.
- Buy 20k and get 40% bonus
- *some are targeted for 10k
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 feature last year to spend 3 nights in Hong Kong at the Grand Hyatt Hong Kong – booked with Prive benefits.
Here’s a list of some of the best redemptions you can make with 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 is 50k
- Korean Air Business ( r/t ) is 105k ( 120K S.E. Asia )
- AA Biz – 57.5k
- AA First – 85k
- BA Biz is 60k
- BA First is 70k
- FinnAir is 70k
- Iceland Air is 50k to Iceland, 55k to Europe
- 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 ( great way to build in a stopover )
- Fiji Biz is 55k
- 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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A Monkey Miles favorite for beginners and point pros alike because it earns 3-5x on select categories + Enjoy 5x on groceries up to $12k a year + $200/20k welcome bonus and no annual fee!
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♥0% interest on new purchases for 15 months