Last Chance: Buy Alaska Miles With Up To A 50% Bonus

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Since mid-August, Alaska Mileage Plan has been offering a bonus on purchased miles. I consider Alaska Mileage Plan miles to be one of the most valuable mileage currencies out there, so with a specific purpose in mind I think buying Alaska miles can be a great deal.

Anyway, if you’ve been considering buying Alaska Mileage Plan miles, the clock is ticking. Alaska’s current bonus on purchased miles ends in just a couple of days, on October 5, 2017.

Alaska’s current bonus on purchased miles is targeted. Different accounts are eligible for different offers, so you’ll want to log into your Alaska Mileage Plan account through this link to see what kind of an offer you’re eligible for — the current offer is available through October 5, 2017.

On the high end it looks like Alaska is offering up to a 50% bonus on purchased miles, which is as good as Mileage Plan bonus offers get. Assuming you’re targeted for the 50% bonus, the thresholds for earning bonus miles are as follows:

  • Buy 10,000-19,000 miles, get a 20% bonus
  • Buy 20,000-39,000 miles, get a 35% bonus
  • Buy 40,000-60,000 miles, get a 50% bonus

What’s the cost to purchase miles through this promo?

When Alaska sells miles they typically offer a 35-40% bonus, so I’ve never before seen a bonus of over 50%. However, it seems like 50% bonuses are becoming more common than before. If you buy miles with a 50% bonus you’ll end up paying ~1.97 cents per mile. If you maxed out the promo, you would receive 90,000 miles for $1,773.75.

Alaska-Bonus

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.

Who should buy Alaska miles with a 50% bonus?

Last year I wrote a post entitled “6 Reasons Buying Alaska Miles Is A Good Deal.” Check out that post for full details, though just to summarize, here are some of the things which make Mileage Plan miles so valuable:


Redeeming Alaska miles for Emirates A380 business class is still a great value

To give a few examples of some of the great uses of Mileage Plan miles (all of which allow stopovers on one way awards):


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.

Buying Alaska miles can be a particularly good deal for Australians, so it’s worth looking at the redemption options and seeing if they make sense with your travel plans.


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 Starwood Preferred Guest® Credit Card from American ExpressCiti® Double Cash Card, etc.


Redeem Alaska miles for Hainan Airlines business class

Bottom line

We’ve never seen a bigger bonus on purchased Alaska miles than this, so if you’re eligible for the 50% bonus, I’d seriously consider taking advantage of this offer in the coming days, before it expires.

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.

Were you targeted for a 50% bonus on purchased Alaska miles, and if so have you purchased miles or do you plan on doing so?

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Comments

  1. Would you recommend purchasing Alaska miles in bulk in order to fly Qantas first as a family of four? Or, is award seat availability on Qantas too scarce?

  2. @Vik I’ll buy the miles for you if you can find 4 F seats on Qantas. You’d be better off using the money buying lotto tickets and using the winnings to purchase the seats for cash.

  3. @Caslu – You must search Cathay’s availability via BA or Qantas. Even that, AS doesn’t have access to the award seat like their oneworld partners. You must call AS to book CX award seat.

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