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Purchase Alaska miles with as much as a 60% bonus: How one can save hundreds on flights


Often, Alaska Airways Mileage Plan gives reductions on buying miles. Since these miles may be tough to earn, shopping for them throughout these gross sales might help prime off your account to save lots of on future redemptions.

From now till Feb. 24, Alaska is providing a bonus of as much as 60% once you buy miles, with costs as little as 1.72 cents per mile. Merely log in and purchase miles by means of the Alaska Airways web site.

TPG’s valuations peg Alaska miles at 1.4 cents every. Nonetheless, shopping for miles barely above this worth can nonetheless be worthwhile when you have a particular redemption in thoughts. This sale is particularly helpful should you’re able to ebook a high-value award flight and have already discovered obtainable award house, particularly given the upcoming modifications to the Mileage Plan award chart in March 2024.

Now, let’s take a better have a look at this provide.

Shopping for Alaska Miles with as much as a 60% bonus

ALASKAAIR.COM

This can be a focused provide, and a few TPG staffers obtained a 60% bonus for sure purchases on their accounts.

Right here is a top level view of what we have seen with the 60% bonus provide:

Miles bought Mileage bonus Value per mile
3,000 to 19,000 miles 40% 1.96 cents
20,000 to 39,000 miles 50%  1.83 cents
40,000 to 100,000 miles 60% 1.72 cents

Buying miles with the 60% bonus decreases the fee to 1.72 cents per mile so long as you buy no less than 40,000 miles.

ALASKAAIR.COM

This is without doubt one of the highest bonuses we have seen for Alaska miles, although not so good as the 70% bonus we have seen prior to now.

You possibly can sometimes get greater than our valuation of 1.4 cents out of your miles. You possibly can redeem Alaska miles for first- and business-class journey on one among Alaska’s many worldwide airline companions like Cathay Pacific, Japan Airways and Fiji Airways.

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Associated: 6 issues to know concerning the Alaska Airways Mileage Plan program

What number of Alaska miles can I buy?

In case you maintain MVP, MVP Gold, MVP Gold 75K or MVP Gold 100K elite standing within the Mileage Plan program, there is no annual restrict on what number of Alaska miles you should purchase or obtain as a present. In case you do not maintain elite standing with Alaska, you may solely purchase or be gifted as much as 150,000 miles per calendar yr.

Know, although, that the calendar yr restrict for non-elite members would not embrace bonus miles. In case you’re focused for a 60% bonus and have not bought or obtained any Alaska miles as a present this yr, you can purchase 150,000 miles by means of this sale and obtain 90,000 bonus miles for a complete of 240,000 miles deposited into your account.

Nonetheless, understand that you’d have to buy your miles in two transactions for the reason that web site solely helps shopping for as much as 100,000 miles per transaction.

Associated: Alaska Airways unveils 4 main modifications to MVP elite standing

How ought to I redeem Alaska miles?

Alaska Airways companions with many nice airways. On prime of Alaska’s Oneworld and Oneworld Join companions, the airline additionally companions with numerous different airways, together with Korean Air and LATAM.

Better of all, you may add a free stopover on many Alaska Mileage Plan awards.

Alaska Airways will bear main Mileage Plan award chart modifications in March 2024, shifting to a brand new distance-based construction and dividing into three region-based charts. This overhaul will result in some will increase in award costs, so it is vital to notice should you’re considering of redeeming miles down the road.

You possibly can try Alaska’s beginning award costs for inspiration, however listed here are just a few of our favourite methods to redeem Alaska miles earlier than the modifications come to Alaska’s award chart.

Stopover in Fiji on the best way to the South Pacific in enterprise class

Fiji Airways A350. ZACH HONIG/THE POINTS GUY

With its pristine seashores, Fiji is a bucket-list vacation spot for a lot of vacationers. Earlier than its associate award charts change in March 2024, you may fly from the continental U.S., Alaska or Canada to Fiji in Fiji Airways’ enterprise class. Flights begin at 55,000 Alaska miles, making it the most effective redemption values for the airline.

For instance, if you wish to fly nonstop from San Francisco Worldwide Airport (SFO) to Nadi Worldwide Airport (NAN) in Fiji in enterprise class, you would wish 55,000 Alaska miles to ebook this flight. With the present bonus promotion, you can buy 37,000 miles with a 50% bonus, providing you with 55,500 whole miles. This is able to value you $1,017.50, which provides you with a purchase order fee of 1.83 cents per mile.

ALASKAAIR.COM

Whereas this fee remains to be increased than TPG’s valuation of Alaska miles at 1.4 cents, it’s a nice redemption if you do not have Alaska miles and need to pay with factors as an alternative of buying a business-class ticket. In case you have been to buy the nonstop business-class flight from San Francisco to Fiji, it could value you $8,308. Subsequently, it can save you about $7,291 if you are going to buy miles as an alternative of shopping for a ticket outright with money.

Plus, you need to use Alaska’s free stopover to proceed to New Zealand, Australia or one other South Pacific vacation spot for no further miles.

Fly from the US to South America in LATAM enterprise class

STELLA SHON/THE POINTS GUY

LATAM is the most important airline in South America, with hubs in Santiago, Chile; Lima, Peru; and different main cities. You possibly can ebook a one-way award from the continental U.S., Alaska or Canada to South America in LATAM enterprise class beginning at 45,000 Alaska miles.

Throughout this sale, 45,000 (30,000 miles plus a 15,000-mile bonus) Alaska miles would value about $825 if you should purchase the miles at a fee of 1.83 cents every.

Head to Asia in Cathay Pacific top quality

Cathay Pacific A350 on the runway at Sydney Airport. JAMES D. MORGAN/GETTY IMAGES

Cathay Pacific flies from a number of totally different U.S. gateways to its hub in Hong Kong. You need to use your Alaska miles to fly in Cathay Pacific’s swanky first-class product to Hong Kong and past for simply 70,000 Alaska miles one-way with minimal taxes and costs. Contemplating these tickets usually value greater than $5,000 one-way, buying miles is a wonderful deal for this award.

Throughout this sale, 70,000 Alaska miles would value about $1,210 — 44,000 Alaska miles plus 26,400 bonus miles. Nonetheless, make sure you discover first-class award availability earlier than shopping for the miles. Honest warning: It may be laborious to return by.

Associated: Alaska Airways publicizes main Mileage Plan award chart modifications in 2024

Use 1 of those bank cards to pay for Alaska miles

Factors.com — not Alaska — will course of your buy should you use this promotion. As a result of Alaska is not processing the acquisition, you will not earn bonus rewards for utilizing a card with airline spending as a bonus class.

Pay with a bank card that provides a stable return on on a regular basis purchases to earn essentially the most rewards to your buy. For instance, think about using the next playing cards that supply bonus earnings on all purchases:

Associated: The perfect bank cards for purchasing factors and miles

Backside line

We do not suggest shopping for factors or miles speculatively. Nonetheless, when you have an upcoming journey that you just need to ebook with Alaska miles and you have discovered award availability, this sale might allow you to earn Alaska miles at an inexpensive fee.

In case you do not want the miles instantly and are as an alternative beginning to plan a visit, you might desire to enroll in an Alaska Airways bank card and earn miles by means of its sign-up bonus and bonus classes. For instance, the Alaska Airways Visa® bank card presently gives a sign-up bonus of 70,000 bonus miles plus a companion fare from $122 ($99 fare plus taxes and costs from $23) once you make $3,000 or extra in purchases inside the first 90 days of opening your account.

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