LifeMiles Is Offering A 100% Bonus On Transferred Miles

Update: This offer for the Citi Prestige® Card is expired. Learn more about the current offer here.

Avianca’s LifeMiles program has just announced that they’re offering a 100% bonus on transferred miles between February 1 and February 8, 2017. Obviously this is only useful if you have an existing LifeMiles mileage balance, since you can’t transfer miles you don’t have.

LifeMiles-Transfer-Bonus

LifeMiles charges 1.5 cents per transferred mile, and you can transfer up to 75,000 miles per year (before the 100% bonus). In other words, transferring 75,000 miles would cost $1,125, and you’d receive a total of 150,000 miles in the account you transfer to. At a cost of 1.5 cents per generated mile, that’s not a half bad deal.

LifeMiles-Bonus

On the surface transferring miles with a 100% bonus is a good deal compared to the 100% bonus that LifeMiles often offers on purchased miles. That’s because with transfers you can generate LifeMiles for 1.5 cents each, while with buying miles you can generate them for 1.65 cents each.

However, lately we’ve seen some bigger bonuses on purchased miles. For example, in December we saw LifeMiles offer up to a 140% bonus on purchased miles, which was an opportunity to acquire LifeMiles for as little as 1.375 cents each. The catch is that there was a big minimum you needed to buy to take advantage of the offer, while in this case you can generate miles at 1.5 cents each in any increment you like.

There are lots of great uses for LifeMiles, so I know many people will find this offer to be worthwhile.

ana-first-class-777-1
Redeem LifeMiles for flights in ANA first class

For context, the last time we saw a 100% bonus on transferred LifeMiles was last July, and prior to that last February.

If you do end up paying to transfer miles, keep in mind that LifeMiles processes mileage transfers directly, meaning it would qualify as an airfare purchase. Therefore you’ll want to use a credit card that offers bonus points on travel, like The Platinum Card® from American ExpressPremier Rewards Gold Card from American ExpressCiti Prestige® CardChase Sapphire Preferred® Card, etc.

Bottom line

LifeMiles’ 100% bonus on transferred miles is a great opportunity to pick up miles in any quantity for 1.5 cents each, assuming you have an existing points balance. While you’ll sometimes see marginally cheaper costs to purchase miles, the benefit here is that you can pick them up even in small quantities, while usually there’s a big minimum to maximize LifeMiles’ buy miles promotions.

Do you plan on transferring LifeMiles with a 100% bonus?

Comments

  1. Hey Lucky –

    According to your memory, when was the last time AA provided any kind of a bonus for a miles transfer?

    Thanks!

  2. Can person A transfer 1000 points to person B who gets 2000 points; then can Person B transfer those 2000 points to person C or back to person A and the receiver gets 4000 points and so on ?

  3. @debit – yes, but it is cheaper to buy outright during one of the better sales. This only works to consolidate accounts

  4. Is the transfer limit of 75K miles per year distinct from any purchase limit? In other words, if I transfer 75K miles now, will this imply that I will not be able to make use of any purchase bonuses that may emerge later in the year?

  5. If my wife and I transfer miles between us, will this extend our current expiration date? Similarly, can this be achieved by applying for their credit card?

  6. I have some doubts if this transfer wuld work for me. I have 45 000 LM and my kid has 29 000. What do you think guys?

  7. Correct me if I’m wrong. On the 140% promotion, you’d have to buy 63.000 miles to generate 151.200 miles. Lifemiles sells 1.000 miles for USD 33. So, 63.000 x 33 = USD 2.079.
    If you transfer 75.000 miles for US$ 1.125 (1.000 miles = USD 15) to get 150.000 miles, then this promotion is better than the 140%, isn’t it?

  8. @ Mackie — Except with one promotion you’re simply transferring 75,000 miles that you already had, while with another you’re generating 150,000 new miles.

  9. I was able to extend our miles expiration until 3/2019 after transferring 1000 miles for $15 to each other with my wife…

Leave a Reply

Your email address will not be published. Required fields are marked *