Today Is The Last Day To Buy Alaska Miles With Up To A 50% Bonus

Since mid-May, Alaska Mileage Plan has been offering a bonus on purchased miles. Different accounts are targeted for different bonuses, with many people being targeted for a 50% bonus, which is the biggest bonus Alaska has ever offered on purchased miles (we’ve seen targeted 50% bonuses a couple of times in the past, but never anything bigger). This bonus on purchased Mileage Plan miles ends today, Saturday, July 1, 2017, so you have just hours left to take advantage of this promotion.

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If you max out the 50% bonus promotion you can purchase a total of 90,000 miles (including the 30,000 bonus miles) at a cost of $1,773.75, which represents a cost of ~1.97 cents per mile.

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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

In case you’re on the fence, here are some of things that make buying Alaska Mileage Plan miles valuable:

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

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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.

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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 Chase Freedom® UnlimitedBarclaycard Arrival Plus™ World Elite MasterCard®Citi® Double Cash Card, etc.

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Redeem Alaska miles for Hainan Airlines business class

Bottom line

A 50% bonus on purchased Mileage Plan miles is as good as it gets, so if you’ve been holding off on buying Alaska miles, this is your last chance to do so. There are lots of 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 ways to redeem 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.

Comments

  1. Hey Ben are you going to make a post about how the Chase Freedom’s new bonus category starts today?

  2. Any words on the Emirates Business and First Class Award Reservation using Alaska Miles? It looks like this has been going for more than a month now.

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