US Airways just announced that through April 15, 2012, they’re offering a 50% bonus on the purchase of Dividend Miles. If you join points.com during the offer period or are already an existing points.com member with a registered US Airways account you earn an additional 50% bonus, for a total of a 100% bonus. While the original 50% points bonus posts at the time you make the purchase, the 50% bonus for being a points.com member will post by June 5, 2012.
In one form or another this promotion seems to be running almost every month. In January they offered a 50% discount on the purchase of miles (essentially the same thing, except you could only earn half as many miles in the end), while in February they offered a 50% discount for those with the Dividend Miles MasterCard.
The cost to purchase miles through this promotion is 1.87 cents each inclusive of the federal excise tax, which is a very good deal with US Airways’ current award chart. You can purchase up to 50,000 miles, in addition to the 25,000 mile bonus that posts now and the 25,000 mile bonus that will post by June 5.
As usual I’d take advantage of this offer if you have a short term use for these miles. Given how often they run this promotion it’s not worth stocking up on miles now if you don’t have a use, as you can almost certainly buy them later.
Now, call me cynical, but the US Airways award chart is just itching to be devalued. Am I the only one that wouldn’t be surprised if it happens between now and June 5? They couldn’t possibly be that sleazy… could they?