Alaska Airlines is currently offering a bonus of up to 60% on the purchase of their Mileage Plan miles. This offer is available to all Mileage Plan members and can be accessed by signing into your account. The bonus is not targeted, meaning that any member can take advantage of this offer.
The bonus percentage is determined by the number of miles purchased. If you buy between 3,000 and 19,000 miles, you will receive an extra 40% in bonus miles. For purchases of 20,000 to 39,000 miles, you will receive an extra 50% in bonus miles. And if you buy 40,000 miles or more, you will receive an extra 60% in bonus miles. The maximum purchase amount is 100,000 miles, which will give you a bonus of 60,000 miles, bringing your total to 160,000 miles.
To illustrate the value of this offer, let’s look at some examples using the retail valuation of Alaska Airlines miles at 1.4 cents per mile. If you purchase 3,000 miles and receive a bonus of 1,200 miles, your total cost will be $82.50. This works out to be 1.96 cents per mile, which is higher than the retail value. Similarly, for purchases of 20,000 miles with a bonus of 10,000 miles, your total cost will be $550.00, resulting in a cost per mile of 1.83 cents.
As the bonus percentage increases, the cost per mile decreases. For a purchase of 40,000 miles with a bonus of 24,000 miles, your total cost will be $1,100.00, and the cost per mile will be 1.72 cents. The same applies to the maximum purchase of 100,000 miles with a bonus of 60,000 miles, resulting in a cost per mile of 1.72 cents. In all four examples, the cost per mile is higher than the retail value of 1.4 cents per mile.
This offer is particularly beneficial for those who need to purchase award tickets immediately and are short on miles. By taking advantage of this offer, you can purchase miles at a lower cost and use them to book tickets in a higher-fare class, such as premium economy, business class, or first class.
It’s important to note that the sale of miles is handled through the website points.com, and therefore, mileage purchases do not qualify for triple or double miles when using the Alaska Airlines Visa credit cards. If you have multiple credit cards, it’s recommended to use the one that will earn you the most points for your purchase.
In conclusion, while this offer is not a spectacular deal, it can still be a good option for those who need to book award tickets immediately and are short on miles. If you fall into this category, it may be worth taking advantage of this offer. However, if you are not in immediate need of miles, it may be better to wait for a more advantageous sale.