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You’d be buying miles for roughly 2.15 cents a piece.
Airlines have been more and more aggressive with their mileage sales. AA basically offers their miles at “discount” every month, and Alaska runs a quarterly sale that drops their miles down to roughly the same price that United is currently offering theirs. Why? They make an insane amount of money doing it. We’re talking 8 figures a year. Their hope is that you’ll burn your miles redeeming for silly things like non-saver level domestic economy seats. We know better – we aim to lie flat and sip champers like ballers 😉
It’s no surprise that United has had some very attractive mileage sales in the last year, and this is one of the better deals we’ve seen ( I believe the best was last year at 100% bonus). I’d never advocate buying miles speculatively becuase you never know what airlines may/may not do with devaluation. Case in point, look at the fiasco with Alaska this past week and the temporary restriction on close-in bookings. With that said…if you have a redemption in mind and you’re short…this is an attractive level to pick up some miles.
Until March 9th, buy United miles with a 75% bonus. AND enter to win 1M miles.
Buy over 30k miles & get 75% bonus
148,750 miles will set you back about $3200 or $0.0215 per point.
Some of the best redemptions are on their partners flying to Europe and Asia.
SAS at 70k
EVA at 80k to Asia. One of the best business class products out there.
Interested in buying? Go here
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.
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