Alaska Mileage Plan Is Offering A 40% Bonus On Purchased Miles

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Alaska Mileage Plan is one of my favorite programs to buy miles from, and they’ve just announced their first promotion on purchased miles for 2018.

Alaska Mileage Plan is offering a bonus on purchased miles through February 7, 2018. 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, so I’m going to assume that this is the case for most accounts.

Through this offer, Alaska is offering a 40% bonus when you buy at least 20,000 miles in one transaction. There’s no bonus if you buy fewer miles than that.

 

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 promotion they had was last month, when they also offered up to a 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.

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?

In the past 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 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.

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.


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

This isn’t the best bonus we’ve seen on purchased Alaska miles, though it’s still a very good offer. 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. Targeted, but not a price I’d buy without a specific plan. Instead I’ll continue to ‘buy’ at 2 cents a mile total by paying at Costco with the Alaska Air Card instead of the Costco card.

  2. @Lucky or anyone has experience crediting SQ flights to Alaska or booking SQ flights with Alaska miles here since the partnership?

  3. There was a day that I would have jumped all over this offer. These days, I am less enthusiastic about Alaska miles. Seems that seats on partner airlines are becoming harder and harder to find — even when utilizing the services of an agency like PointsPros. Flying to Europe via Dubai on Emirates or via Mexico City on British Air (buying my own ticket from SFO to MEX, and paying BA surcharges) ain’t the good way to fly. I am actually finding more available seats through American (AA and partner airlines) and Lufthansa.

  4. @Al, you cannot book Singapore airlines with Alaska miles just yet. But you can earn miles with both as far as I know. My friend just flew EVA and credited to SQ with the intention of using them on AS.

    I believe AS miles can be redeemed on SQ later this fall.

    But you can book Alaska with SQ miles now as I have already done so. Even though Alaska sometimes can be cheaper, their miles are more valuable so I will use SQ miles to book Alaska metal. For example SEA-LAX or SEA-YVR might be 5000 with Alaska miles, but it’s 7500 with SQ. However Alaska miles are more valuable hence why I’d rather save them, and SQ miles are easy to come by because you can transfer them using credit cards points.

  5. If their 50% sales are so prolific, who’d be dumb enough to buy at anything less than 50%? Just wait for the 50% sale.

  6. Well, honest Abe, I believe the point made by Lucky is to consider this offer if there is a specific trip in mind with which to use the miles, and not to simply buy them for the purpose of accumulation.

  7. Thanks Lucky! I just bought some miles this week and I used it for travel on BA and AA to/from Europe.

  8. Thanks Lucky, being relatively new to the Points/Miles game I had no idea about this. Just joined Alaska but of course no targeted offer. But if I could buy miles at a 40% bonus right now it seems I could buy enough miles to book a return J class seat with Qantas ADL-BNE-LAX, LAX-MEL-ADL for the equivalent of AUS$3109 (US$2500) while the current J class saver fare with Qantas is AUS$7925 (US$6373) for the exact same flights!

  9. Lucky, there was some problem with points.com? I am getting error messages saying I need to try again later with a different credit card although I called in the bank and they said the transaction was approved. Happened to all 4 of our accounts.

  10. so you can pay 3500 for 120000 miles to get business class to asia……. nice deal compared to outright purchase but i still find it hard to pay 7000 for 2 tickets to asia

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