US Airways seems to run some sort of promotion on the purchase or sharing of miles almost every month. Often it’s just a straight 100% bonus on purchased miles, sometimes it’s a tiered bonus, and sometimes they offer a 100% bonus on shared miles (which used to be the most lucrative promotion by far, though during the last round of this promotion they raised the cost).
September Buy Miles Promotion
US Airways just announced their September Buy Miles promotion, which runs through September 30, 2014. This month they’re offering up to a 100% bonus on purchased miles. You do have to log-in before it will show you the bonus, though all the accounts I manage seem to have the same offer.
The bonuses are tiered, based on the number of points you purchase, as follows:
- 1,000-9,000 miles = 25% Bonus
- 10,000-19,000 miles = 50% Bonus
- 20,000-29,000 miles = 75% Bonus
- 30,000-50,000 miles = 100% Bonus
You can earn 100% bonus miles on up to 50,000 purchased miles, for a total of 100,000 miles.
Cost To Purchase Miles
The cost to purchase US Airways miles is ordinarily 3.5 cents each plus a 7.5% federal excise tax, or a total of ~3.76 cents each. So through this promotion the cost to purchase US Airways Dividend Miles is ~1.88 cents per mile.
Buy Miles Promotion Restrictions
Your account has to be at least 12 days old in order to take part in this promotion. That’s the most major restriction. So if you sign up for an account now you can still take advantage of this promotion before it ends.
Purchased Processed By Points.com
For what it’s worth, US Airways doesn’t process mileage purchases directly. Instead they’re processed by points.com, meaning they don’t qualify as airfare in terms of credit card spend.
I wouldn’t speculatively purchase US Airways miles at ~1.88 cents each. That’s a high rate at which to speculatively purchase miles.
That being said, there are so many amazing oneworld award redemption opportunities using US Airways miles. If you can plan a trip soon I think this could definitely make sense.
Will you be taking advantage of US Airways’ 100% bonus on purchased miles?
Terms & Conditions
Here are the full terms & conditions for the Buy Miles promotion:
Offer available for purchases made between September 2nd, 00:00:01 PT and September 30, 2014, 23:59:59 PT. All purchases are non-refundable. Bonus miles will be awarded upon completion of the transaction. The maximum number of Buy and Gift Bonus miles that can be received by one member for this offer is 50,000 bonus miles. All miles purchased beyond this limit will not be eligible for a bonus. For Gift purchases, bonus will be awarded to the recipient. All transaction inquiries must be submitted to US Airways Dividend Miles within 90 days from end of promotion. Offer is subject to change. Offer cannot be combined with any other offer. Share transactions are not eligible for bonus. Only purchases made online are eligible for the bonus. Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift miles. For Gift and Share transactions, the recipient account must also be 12 days old. All US Airways Dividend Miles terms and conditions apply. Visit usairways.com/dividendmilesfor details.
Miles are sold for $0.035 per mile plus a tax recovery charge of 7.5%. GST/HST will be charged to Canadian residents. Miles purchased through Buy, Share or Gift Miles do not count towards Dividend Miles Preferred status. All other Dividend Miles Terms and Conditions apply. Miles may be used based on award availability at the time of booking. Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift Miles. All purchases are non-refundable.