In the interest of full disclosure, One Mile At A Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Please check out our advertiser policy for further details about the partners we work with. Thanks for your support!
Update: This offer for the Citi Prestige® Card is expired. Learn more about the current offer here.
Update: This offer for the Citi ThankYou® Premier Card is expired. Learn more about the current offer here.
As I wrote about last week, Avianca’s LifeMiles program is offering a sale on the purchase of miles through December 18, 2015. Through InsideFlyer you can get an even better version of the offer, as you get a further 10% bonus on purchased miles.
However, LifeMiles is offering a cyber weekend sale on the purchase of miles, which is even better.
Through November 30, 2015, LifeMiles is offering a 140% bonus on purchased miles. This is an opportunity to purchase LifeMiles for 1.375 cents each.
While that cent per mile ratio is only marginally better than what’s being offered through the promotion which runs until December 18, what makes this promotion so great is that you earn the 140% bonus no matter how many miles you buy, whether you buy 1,000 or 150,000.
Under the other offer you had to purchase at least 101,000 miles (pre-bonus) in order to get the 125-135% bonus, which is a lot of cash outlay ($3,300+, actually).
In other words, you could purchase just 10,000 miles for $330, and you’d get a 140% bonus, for a total of 24,000 miles. That makes this a great promotion for “right-sizing” LifeMiles accounts.
See my previous post for more details on whether or not I think it makes sense to buy miles at this rate.
Also keep in mind that LifeMiles processes mileage purchases directly, meaning those purchases count as airfare for the purposes of your credit card.
Therefore you’ll want to consider using one of the following cards for your purchase, since they offer the following bonus miles for airfare spend:
- Citi ThankYou® Premier Card – 3x ThankYou points per dollar spent
- Citi Prestige® Card — 3x ThankYou points per dollar spent ($250 airline credit can also be used towards this purchase)
- American Express Premier Rewards Gold — 3x Membership Rewards points per dollar spent
- Chase Sapphire Preferred® Card — 2x Ultimate Rewards points per dollar spent
Not only is 1.375 cents per mile a very good rate at which to buy LifeMiles, but more importantly this promotion is unique since it allows you to buy miles in smaller increments and still get the highest possible bonus, which isn’t usually the case.
Do you plan on buying LifeMiles under this offer?