Delta offering a 75% bonus on the purchase/gifting of miles through March 31, 2012

Through March 31, 2012, Delta is offering a 75% bonus on the purchase or gifting of SkyMiles.

Delta ordinarily charges 3.5 cents per mile plus the 7.5% federal excise tax, for a total of 3.76 cents per mile. Through this promotion the cost is brought down to about 2.15 cents per mile. You can purchase a maximum of 60,000 miles per calendar year, so once you factor in the 75% bonus the real cap is 105,000 miles.

This is by no means a rate at which I’d buy SkyMiles just because. But if you have a specific redemption in mind, this is one way to top off an account that won’t totally break the bank. I’m waiting for them to bring back the 100% bonus on transferred miles, which was essentially an opportunity to purchase SkyMiles for roughly 1.1 cents each.

(Tip of the hat to Apu)

Comments

  1. Ok, so at 2.1 cents per mile that is: $1,260

    105,000 miles is good for $1,050 of travel right?

    How is this a deal? Or am I missing something?

    Sorry, I’m new to this.

  2. @ Jake — You can redeem miles for travel in business class on SkyTeam partner airlines. For example, business class on Air France from the US to Europe costs 100,000 miles. Think something like Los Angeles to Paris on Air France, where you’d be paying ~$2,100 for a $5,000+ ticket.

  3. Redeeming skypesos for a KE j-class award on their new A380 (LAX,JFK) would be a good use of miles, imo (and KE award inventory is now searchable).

  4. Do not buy delta miles only if you can have a reward ticket that you want on hold. The availability on their reward tickets is just horrible. Totally not worth it!

  5. “Buy Miles and Gift Miles may only be received into SkyMiles accounts that have been established for at least 10 days and have earned at least one automatically posted mile since enrolling in the SkyMiles program. This program may not be available in all markets or geographic areas.”

    What is the must have earned automatically posted mile criteria and from where must it come? Is this from flights, hotel, or AMEX transfer, and do you have to post one of these before you purchase the promo? I have not taken a DL flight that was credited to SkyMiles.

  6. @ chitownflyer — Any earned miles should count, including transfers (from Membership Rewards, Starwood, etc.), a purchase through their shopping mall, etc.

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