Through today, Avianca’s LifeMiles program is offering a special bonus on purchased miles. For readers of OMAAT, that bonus is up to 140%, which is an opportunity to acquire LifeMiles for as little as 1.375 cents each. The real out of pocket is even lower than that, given that buying LifeMiles typically qualifies as an airfare purchase, and therefore you can earn 3-5x points on some credit cards for your purchase.
The LifeMiles program isn’t perfect. There are certainly some downsides to the program, but I still find it to be one of the most practical programs for booking last minute premium cabin awards.
For example, last year I redeemed a few hundred thousand LifeMiles, including for travel in ANA first class, Lufthansa first class, etc. At a cost of 1.375 cents per mile, it’s tough to go wrong.