Your Last Chance To Buy Alaska Miles With A 40% Bonus

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Since mid-February, Alaska Mileage Plan has been offering up to a 40% bonus on purchased miles.

Alaska-40-sale

Through this promotion there’s a tiered bonus on purchased miles, where you earn a bigger bonus the more miles you buy, as follows:

  • Buy 10,000 – 19,000 miles = 20% bonus
  • Buy 20,000 – 39,000 miles = 30% bonus
  • Buy 40,000 – 60,000 miles = 40% bonus

If you buy miles with a 40% bonus you’ll end up paying ~2.11 cents per mile. If you maxed out the promo, you would receive 84,000 miles for $1,773.75.

alaska-bonus-2

While the maximum number of miles you can purchase per transaction is 60,000 pre-bonus, you can buy as many sets of miles as you’d like. So you could buy a million miles if you wanted to, for example.

Why Alaska miles are so valuable

There are many reasons to consider buying Alaska miles:

To give a few examples of redemption rates (all of which allow stopovers on one-way awards):

Cathay-Pacific-First-Class-777 - 27
Alaska miles are the best way to redeem for Cathay Pacific first class

Who can buy Alaska miles?

As long as you’ve been a member of Alaska Mileage Plan for at least 10 days, you can purchase miles during this promotion.

Japan-Airlines-First-Class-40
Redeem Alaska miles for Japan Airlines first class

Which credit card should you use?

Alaska mileage purchases are processed by points.com, meaning they don’t count as airfare spend for the purposes of your credit card.

If you buy miles you’ll want to first use a card where you’re meeting minimum spend, and then use a card which maximizes your return on everyday, non-bonused spend, like the Amex EveryDay® Preferred Credit CardChase Freedom Unlimited®Barclaycard Arrival Plus™ World Elite Mastercard®Citi® Double Cash Card, etc.

Hainan-Airlines-Business-Class-787 - 79
Redeem Alaska miles for Hainan Airlines business class

Bottom line

Typically a 40% bonus on purchased Alaska Mileage Plan miles is as good as it gets. There are lots of other great values to be had, and the recent introduction of Japan Airlines as a partner adds a lot of value to Alaska miles, in my opinion.

While I wouldn’t buy miles without a use in mind, there are so many great uses of Alaska miles. I really can’t overstate how valuable the stopovers on one-way award are, not to mention some of the unique airline partners that Alaska has.

So if you haven’t yet purchased Alaska miles with a 40% bonus, you have one day left to do so.


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Comments

  1. There is 50% last year.
    @Lucky What (or When) do u think are the odds of getting fifty percent bonus this year?

  2. @ Ang — In the past we’ve seen a 50% targeted offer, though I don’t think we’ve ever seen a publicly available one.

  3. @ Leeeee — It’s possible we’ll see another targeted offer, but I doubt we’ll just see a public 50% bonus anytime soon. I certainly hope I’m wrong.

  4. Lucky,

    Between this and the SPG 30% bonus, which one would you choose if you had limited funds like me?

    Thanks!

  5. Actually, it’s always about .02 per mile when you buy miles at the same time you purchase a ticket (maximum per purchase is 10,000 miles for $190+ taxes). That’s what I usually do throughout the year to top up my account.

  6. Hi Lucky,

    Do you know if Alaska miles can be redeemed for Emirates/Cathay Pacific flights departing from Africa or is it applicable only to flights departing from the U.S?

  7. You can do Africa to the USA/North America and Africa to Asia on CX
    You can do Africa to North America on EK

  8. @ krys, for me, the SPG 30% is the better deal. Why? 20K+ Starpoints (the minimum you can buy for the 30% bonus) transfers to Alaska (or any other of their airline partners, except United if I’m not mistaken) with a 5K bonus for a total of 25,000 points/miles. Plus, I have the SPG AmEx, and the points purchase not only helps with my minimum spend but, apparently, counts as bonused spend even though it’s processed by points.com. PLUS, the deal is good until the end of this month, so there’s more time to decide.
    Add up all which of those factors appeal/apply to you, and I think you have your answer.

  9. BA avios search and jal website. The few economy seats I found show on both sites but no business or first

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