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

Sometimes, Alaska Airlines Mileage Plan provides reductions on buying miles. Since these miles can be difficult to earn, shopping for them throughout these gross sales will 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 the Alaska Airlines website.

TPG’s valuations peg Alaska miles at 1.4 cents every. Nevertheless, buying miles barely above this worth can nonetheless be worthwhile when you have a particular redemption in thoughts. This sale is particularly useful in case you’re able to e-book a high-value award flight and have already discovered accessible award area, particularly given the upcoming changes to the Mileage Plan award chart in March 2024.

Now, let’s take a more in-depth have a look at this supply.

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

It is a focused supply, and a few TPG staffers acquired 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 supply:

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 price to 1.72 cents per mile so long as you buy not less than 40,000 miles.

This is among the highest bonuses we have seen for Alaska miles, although inferior to the 70% bonus we have seen up to now.

You’ll be able to often get greater than our valuation of 1.4 cents out of your miles. You’ll be able to redeem Alaska miles for first- and business-class journey on one in every of Alaska’s many worldwide airline companions like Cathay Pacific, Japan Airways and Fiji Airways.

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Associated: 6 things to know about the Alaska Airlines Mileage Plan program

For those who maintain MVP, MVP Gold, MVP Gold 75K or MVP Gold 100K elite status in the Mileage Plan program, there is no annual restrict on what number of Alaska miles you should purchase or obtain as a present. For those who do not maintain elite standing with Alaska, you possibly can solely purchase or be gifted as much as 150,000 miles per calendar 12 months.

Know, although, that the calendar 12 months restrict for non-elite members would not embody bonus miles. For those who’re focused for a 60% bonus and have not bought or acquired any Alaska miles as a present this 12 months, you would purchase 150,000 miles by this sale and obtain 90,000 bonus miles for a complete of 240,000 miles deposited into your account.

Nevertheless, understand that you’d must 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 Airlines unveils 4 major changes to MVP elite status

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

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

Alaska Airways will bear major 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 in case you’re pondering of redeeming miles down the road.

You’ll be able to try Alaska’s starting award prices for inspiration, however listed below 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

With its pristine seashores, Fiji is a bucket-list vacation spot for a lot of vacationers. Earlier than its companion award charts change in March 2024, you possibly can fly from the continental U.S., Alaska or Canada to Fiji in Fiji Airways’ business 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 e-book this flight. With the present bonus promotion, you would buy 37,000 miles with a 50% bonus, providing you with 55,500 whole miles. This might value you $1,017.50, which offers you a purchase order price of 1.83 cents per mile.

Whereas this price remains to be greater 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 a substitute of buying a business-class ticket. For those who had been to buy the nonstop business-class flight from San Francisco to Fiji, it could value you $8,308. Due to this fact, it can save you about $7,291 if you are going to buy miles as a substitute of shopping for a ticket outright with money.

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

Fly from the US to South America in LATAM enterprise class

LATAM is the biggest airline in South America, with hubs in Santiago, Chile; Lima, Peru; and different main cities. You’ll be able to e-book 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 price of 1.83 cents every.

Head to Asia in Cathay Pacific top notch

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 charges. 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. Nevertheless, make sure you discover first-class award availability earlier than shopping for the miles. Truthful warning: It may be onerous to return by.

Associated: Alaska Airlines announces major Mileage Plan award chart changes in 2024

Factors.com — not Alaska — will course of your buy in case 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 category.

Pay with a credit card that offers a solid return on everyday purchases to earn probably the most rewards to your buy. For instance, think about using the next playing cards that provide bonus earnings on all purchases:

Associated: The best credit cards for buying points and miles

We do not advocate shopping for factors or miles speculatively. Nevertheless, when you have an upcoming journey that you simply need to e-book with Alaska miles and you’ve got discovered award availability, this sale might allow you to earn Alaska miles at an inexpensive price.

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