Through September 28, 2012, Alaska Airlines is offering up to a 40% bonus on the purchase of Mileage Plan miles.
They’re offering a 20% bonus for purchasing up to 19,999 miles, a 30% bonus for purchasing between 20,000 and 30,000 miles, and a 40% bonus for purchasing 30,000-40,000 miles. With the 40% bonus, the total you’re paying is about 2.1 cents per point. While that’s by no means cheap, there are some gems on the Alaska Airlines award chart, like first class from the US to South Africa via Hong Kong on Cathay Pacific for just 140,000 miles. Alaska is also partners with Emirates, and later this year it should be possible to redeem Mileage Plan miles for travel on Emirates. Whether it will be possible to redeem them in first class or what the cost will be remains to be seen, though.
Still, if you’re looking to top off an account for an award, this is a pretty good value.
(Tip of the hat to Gary)