Buying miles can be a great way to fly first & business class for pennies on the dollar. Nowadays the three airlines which most frequently and lucratively sell miles are Alaska Mileage Plan, American AAdvantage, and Avianca LifeMiles.
Well, it looks like LAN wants in on the action, as they just announced a pretty lucrative promotion on the purchase of points.
Buy LANPASS kms with up to a 125% bonus
LAN is offering up to a 125% bonus on purchased LANPASS kilometers through November 16, 2015.
The bonus is tiered, so the more kilometers you buy, the bigger the bonus, as follows:
- Buy 1,500-20,000, get a 25% bonus
- Buy 20,001-50,000, get a 50% bonus
- Buy 50,0001-100,000, get a 75% bonus
- Buy 100,001-150,000, get a 100% bonus
- Buy 150,001-200,000, get a 125% bonus
LANPASS kms ordinarily cost $0.02USD each, so with a 125% bonus they’re basically selling LANPASS kms for ~0.89 cents each. In other words, you could spend $4,000 to buy 200,000, and then would receive a bonus of 250,000, for a total of 450,000.
There are quite a few terms of the promotion to be aware of, including the following:
- Promotion valid for purchase of kilometers from November 3, 2015 until November 16, 2015.
- The number of kilometers bought may not be less than 1,500 LANPASS kms.
- The maximum number of kilometers that can be purchased is 200,000 LANPASS kms.
- The extra bonus kms. will be reflected in the member’s account within 72 hours after purchase.
- The calculation of the extra bonus of kms. is performed for each purchase transaction. Payment must be made by credit card.
- Buying kilometers is only available on LAN.com.
- This promotion is only valid for those LANPASS members residing in the United States of America.
- The purchase of kilometers does not guarantee the availability of any LANPASS prize.
- Members must be enrolled in the program for at least three months, or have a km balance of at least 1,600 km.
Furthermore, they provide the following information about buying points with them:
- Purchased kms. will be updated immediately in your account statement.
- Purchased kms. are valid for three calendar years from the date of purchase. For example, if you purchased kms. on August 24, 2014, they will be valid until December 31, 2016.
- Each LANPASS kilometer costs 2 US cents, converted using the LAN exchange rate valid when making the purchase.
- Purchasing kms. does not change the expiry dates of previously earned kilometers.
- The law for purchases made in person does not apply to the purchase of LANPASS KMS, therefore refunds are not available.
- Make sure you have entered your email correctly before finalizing your purchase of kms.
This is the first time I’m writing about the opportunity to purchase LANPASS kms, which is why I’m including all of the above information. To sum up the above, I think there are three most important points:
- This promotion is only valid for those with accounts registered in the US (that’s pretty funny, because clearly they realize where buying points is most popular)
- LANPASS kms are valid for three years, regardless of the account activity
- You need to be a LANPASS member for at least three months OR have 1,600kms to participate in the promotion (so even if you don’t want to take advantage of this promotion it could make sense to register for an account now, so you can take advantage of future promotions)
Is it worth buying LANPASS kms?
Here’s the award chart for travel on oneworld airlines (the prices are one-way, though roundtrip travel is required):
I’m still trying to figure out the details of the program, though apparently most oneworld redemptions are possible through LAN’s website.
So, are there any good values to be had here? Just to give a few examples of how much awards would cost:
- A roundtrip flight of under 808 miles one-way would cost you 20,000kms (~$180)
- London to Doha roundtrip in business class would cost you 108,000kms (~$960)
- Los Angeles to Tokyo roundtrip in business class would cost you 200,000kms (~$1,780)
- New York to Hong Kong roundtrip in first class would cost you 350,000kms (~$3,110)
I’m intrigued by this LANPASS promotion, especially as it seems like we may see more promotions from them in the future. I’ve now signed up for a LANPASS account and will spend a bit of time figuring out all the details of the program.
There aren’t any values which instantly stick out to me as incredible-beyond-belief, though I think there could be some value in this program.
Anyone have any experience with the LANPASS program, or know of any “sweet spot” redemptions? Are you tempted to buy points from LAN?
(Tip of the hat to Steve)