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Earlier I wrote about how Avianca’s LifeMiles program is selling miles with up to a 135% bonus, which means you can buy miles for as little as ~1.4 cents each. That’s the lowest publicly available cost I recall seeing on the purchase of LifeMiles.
The catch is that in order to receive the 135% bonus you have to purchase at least 101,000 miles before the bonus, which is a minimum of 237,350 miles with the bonus. That’s no small sum of miles to purchase.
Anyway, as pointed out by Ricardo Ferreira in the comments section of the post, there’s an even better version of the offer. Passageiro de Primeira is a Brazilian miles & points blog, and they have an offer for a further 10% bonus on mileage purchases between September 9 and 15, 2015. That means you’d be earning up to a 145% bonus rather than up to a 135% bonus.
Just for today, for being a member of Passageiro de Primeira and by entering your LifeMiles number in the space below, receive a 10% additional bonus on the miles purchased between September 9th and 15th during the Buy Miles promotion, in which you also receive up to 135% bonus.
Subscribe now with your LifeMiles number and buy your LifeMiles tomorrow!
The catch is that to be eligible for the further 10% bonus you have to enter your LifeMiles number on that specific landing page today.
Previously the cost to purchase miles was ~1.4 cents each, so using that same scenario you could purchase 101,000 miles, and with the 145% bonus you’d receive a 146,450 mile bonus. That’s a total of 247,450 miles at a cost of $3,333, which is a rate of under 1.35 cents per mile.
For what it’s worth, the additional 10% bonus will post no later than a week after you purchase the miles.
That extra 10% bonus on purchased miles almost makes me a buyer, I think.
Perhaps I’m getting a bit creative with accounting here, but if I buy the miles with the American Express Premier Rewards Gold I’d earn triple points for the purchase, since it qualifies as airfare. I value Membership Rewards points at ~1.8 cents each, so that’s like an additional return of ~5.4% on the amount I spend on miles. If you account for the value of those points, you’re really paying ~1.28 cents per purchased mile.
Tempting, tempting, tempting!
While you have a week to decide if you want to buy miles at this rate, be sure you register today for the extra 10% bonus.
Does the extra 10% bonus on purchased miles change whether or not you plan on buying miles?