Buy Alaska Mileage Plan Miles With Up To A 40% Bonus

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Alaska Mileage Plan is offering a bonus on purchased miles through December 28, 2017. The promotion seems to be targeted, based on the fact that you need to log-in before they show you the bonus offer. However, all the accounts that I manage seem to be offering the same bonus.

On the high end it looks like Alaska is offering up to a 40% bonus on purchased miles, though it’s tiered, 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 40% bonus

Before I talk more about the promo, I have to mention that I can’t help but find the marketing bizarre. “Be a bonus miles icon.” Huh?

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

Historically Alaska Mileage Plan seems to offer anywhere between 35% and 50% bonuses on purchased miles, so this is right in the middle (the most recent major promotion they had was in August, when they offered up to a 50% 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.

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 40% 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:

emirates-business-class-a380-26
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):

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.

Given the promotion is valid for a few weeks, I’d recommend joining Mileage Plan today, and then you have time to think about whether or not to make a purchase.

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.

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

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

Bottom line

This isn’t the best bonus we’ve seen on purchased Alaska miles, though it’s still a very good offer. Furthermore, it’s likely that this will be the last offer on purchased miles that Alaska has for the year, given that it runs through December 28. Buying Alaska Mileage Plan miles can be a great deal under the right circumstances.

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.

Were you targeted for a 40% bonus on purchased Alaska miles, and if so, do you plan on buying miles?

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Comments

  1. I use to think these were a good deal but it’s way better to buy SPG points at 35% – 50% off and do a Marriott travel package with Alaska miles. Way way better, huge massive value.

  2. @David, just make accounts for “family members” with same address and combine them into your account. I did this 4 weeks ago, 90k SPG turned into 270k Marriott. Easy peezy.

  3. My main concern with Alaska is when are they going to devalue their CX F redemptions. No way do those stay at 70k for that much longer. And only an extra 10k to go to Australia. That’s robbery.

  4. @Steve You can make family accounts but you can’t transfer more than the purchase max per account (so you can’t combine 30k purchased points from 3 accounts to hit 90k).

  5. Hey all ! Looking for some help. I’m heading to Australia from nyc then traveling from Australia. Any suggestions on best way to use this promotion to fit biz or first? Thanks !!!

  6. @steve thanks so much for your response! What is cx f redemption? Could u explain what I need to do / ask for to make it happen?

  7. @Alex, that is Cathay Pacific First Class. Believe a one way to Sydney is 80k but someone else might want to confirm that.

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