Reminder: Buy Alaska Air miles and get a 40% Bonus. Ends tomorrow!

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Reminder: Buy Alaska Air miles and get a 40% Bonus. Ends tomorrow!

Just a friendly reminder that Alaska Air’s promotion to buy points and get a 40% bonus ends tomorrow, April 6th. I’ve attached my post from February below for more information and examples of how you can use Alaska Air Mileage Plan miles outside of Alaska flights. If you were to take advantage of this deal you’d be purchasing miles for roughly 2.1¢. A maximum of 60k miles can be purchased, yielding a 24k bonus, and setting you back $1774. I never advise purchasing miles speculatively, but this is a deal certainly worth consideration if you have any interest in taking a trip to Asia, the Middle East, or Europe. I go into more detail below and in this post, but there are a lot of examples whereby purchasing points for a flight instead of the flight itself can save money and put you in a premium cabin.


Check out my post from Feb:

Buy Alaska Air Miles and get a 40% bonus

Alaska Air has promotions almost every quarter to buy points. In fact, there seems to be quite a few promotions lately for points purchases: Hilton ran an 80% bonus, IHG a 100% bonus, and now you can buy Alaska Air Miles and get a 40% bonus. This isn’t the best we’ve ever seen from Alaska, that’s 50%, but it’s 2nd best and a very good deal. I just wrote a Monday Memo about different situations where purchasing points can be a good idea, but let’s focus in on Alaska and some of their amazing opportunities.

Here’s a look at the deal:

Screen Shot 2017-02-22 at 2.35.45 PM

The offer is tiered:

In my opinion I wouldn’t go for the deal without securing a 40% bonus. If you don’t need that many miles or don’t wish to spend the cash to purchase at that bonus level I’d wait. Another deal will come around later this year that could possibly afford you the opportunity to buy fewer miles and still get a good bonus.
Screen Shot 2017-02-22 at 2.36.12 PM

60k + 24k would set you back $1773.75 or roughly 2.1 cents per point

Enough with the boring stuff. What are some cool things I could do with the points?

Here are the Alaska charts for redeeming awards on Cathay Pacific, Japan Airlines, and American Airlines from the Continental U.S. to Asia

70k Alaska would put you in Japan Airlines first class.

Japan Airlines First Class is truly incredible. They serve super expensive champagne, the seats are YUUUUUUGE, they put mattress pads down, and the service COULD NOT be better. These tickets go for $10k+. This is a prime example of using points to purchase a flight for significantly less money.

50k puts you in Cathay Pacific Business Class

Cathay has one of the best reviewed business class products in the sky. I’m hoping to fly them again soon as my experience wasn’t “superb”, but I also recognized that I’m an outlier. For a little over $1000 you could purchase points to fly one way. A fantastic deal, IMO!

And Alaska still has prices that match the old AA chart for Asia. So 62.5k puts you in their biz.

I’ve reviewed AA’s 777-300ER reverse herringbone business class many times and really enjoy it. While I’m not sure I’d spend the extra points to fly it over Cathay, it provides more opportunities for redemption in a very nice product.

American Air Business Class 777-300 ER LHR-LAX Mini Cabin - 25 of 36

Final thoughts:

I used Asia as an example, but there are other great spots in Alaska’s chart. In fact, Alaska still prices business and first class awards to Europe on AA metal at 50k and 62.5k. That’s a big savings compared to AA prices of 57.5 and 85k, and it’s their metal! There is another sweet spot on flights from the U.S. to the Middle East

I wouldn’t advise buying points for the sake of it. As we saw last year with the Emirates devaluation, point values can erode very quickly. But if you have a trip in mind, see the availability, and these points would help you reach your goals…this is a very good offer and price to make it happen!

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 

Annual Fee


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We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

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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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