Online Travel Review shared a great tip today, and one that most overlook.

  • Icelandair has a 20% bonus on purchased miles running through September 28th.

  • 30,000 miles (25,000 plus bonus) costs ~ $329 (charged in Krona)

  • That’s the cost of an Alaska Airlines first class roundtrip ticket between Seattle and any non-stop destination they fly to — including Hawaii and Mexico.

  • You can purchase 100,000 miles per account per year.

  1. Greg said,

    Did you mean one way first class ticket? That’s what I can make of the Alaska Airlines award chart. I’d love a 25k rt first class award though!

  2. Greg said,

    I see I was supposed to be looking at the Iceland Air Saga Club redemption. It still doesn’t say if these are RT or one way awards…

  3. Gary said,

    @Greg this is not the Alaska Airlines award chart that’s at issue, you’re using the ICELANDAIR award chart for redeptions on their partner Alaska Arilines

  4. Jason said,

    I’m with Greg. It doesn’t seem clear if the redemption is for one-way or RT. It seems more reasonable for it to be for just a one way ticket.

  5. thrashsoundly said,

    Do they have any good points transfer options from other programs?

  6. matt said,

    Website will not process registrations at the moment.

  7. Jason said,

    Is this only from SEA or can one depart on an AS codeshare flight from the east coast?

  8. Bill @ CCT said,

    I get the feeling that they are inundated with account registrations or are rethinking this Saga Club miles bonus on purchases. I was given an error message and told to email my personal details for them to “manually register” me. The automated registration is down.

  9. Jeff said,

    Why is everyone saying its RT? The ICELANDAIR award chart is not specific!

  10. Mike said,

    Sure would be a sweet deal for RT tickets. But yeah, “Saga Club members can redeem their Saga Points with Alaska Airlines. Why not fly to Hawai, Las Vegas or Los Angeles for only 20.000 Saga Points?” doesn’t really convince me you’ll also be flying back. Certainly a vague website.

  11. JS said,

    zmike, that’s exactly the right point. I think everyone is making a mistake here. It very much seems that it’s only one way.

  12. PerryPlatypus said,

    It is for a RT ticket. Read the the original article that Gary has linked too. Also it he had updated the article with more info and has confirmed Icelandair!

  13. Ozaer N. said,

    Gary–once again, you DA MAN!! Excellent find….just signed up..

  14. WH said,

    I just got off the phone with them. They were having a really difficult time, and were uncertain if it was 30000 one way or round trip. Could not even price it for me without purchasing first, because they have to manually do it…. I will wait.

  15. Jared said,

    Hi – I wrote the original article, and figured I’d clear up some answers here:

    I’ve spoken with Icelandair a few times about this, and it’s 20,000 miles roundtrip. It’s not crazy when you think about it: the majority of Alaska Airlines flights are short-to-mid haul. Yes, the Hawaii part is ridiculous and I can’t imagine why they’d do it for 20k miles. However, Avios is only 25k miles in coach from the West Coast so it’s not absurd.

    The incredibly low price for purchasing miles comes from the Icelandic Krona devaluation. If you live in Iceland, buying those miles isn’t cheap. But if you live in the US, it’s a deal.

    And yes – the fine folks at Icelandair were not well-versed in using miles on Alaska Airlines. Apparently this is not a redemption they deal with very often (ie, never). However, I called a few times (speaking with the same person a few times – it’s a small office) and they were able to price out the tickets at 20k roundtrip.

    You can also see on the award chart for Icelandair redemptions that they only allow roundtrip redemptions – I can’t imagine why they would only permit roundtrip redemptions on Icelandair but far-more-lenient one-way redemptions on Alaska.
    https://www.icelandair.us/frequent-flyer/earning-and-redeeming/redeem-points/detail/item200069/Icelandair/

  16. Thalha said,

    Hi can i fly bos to hawaii with alaska with 30k in first. Alaska flies bos-sea-hawaii

  17. Gomer said,

    I dunno. Based on the precarious financial state of the entire country I don’t think I would invest much in Icelandair’s miles for long-term use. Maybe if there is an Alaska redemption that you have your eye on now, yes…

  18. Jared said,

    @Gomer: Iceland has turned itself around quickly. Unemployment is below 6%, they paid back all of the loans they took to get themselves through the crisis, and their economy is growing almost 3% a year. Spain, Italy and Greece are in far, far worse positions.
    See here:
    http://nyti.ms/LEMgCf

  19. Aaron said,

    Anyone else seeing a “this service is temporarily unavailable” message when navigating to the “buy miles” screen?

  20. A Dirt Cheap Way to Fly Alaska Airlines First Class (Anywhere They Go!) - View from the Wing said,

    [...] I mentioned an incredible deal, you can fly Alaska Airlines first class anywhere that carrier flies for about $329 plus [...]

  21. First Class Flight + A Week In Hawaii For Less Than $1,000 - Getting Status said,

    [...] between IcelandAir and Alaska Airlines.  Several BoardingArea bloggers picked up the story as well, and threads developed on boards like Milepoint.  The gist was that you could buy the equivalent [...]

  22. Marshall said,

    I am running into a problem booking flights to Hawaii from either ATL or MCO. Because of the layover rules, cannot get there on one ticket. Next tried to book separate ticket to SEA and then another to LIH. Still a bargain for 650 RT. Alaska Air showed award availability out of both cities to SEA & then to LIH. Called Iceland Air & they advised they did not show award seats available. Apparently, Alaska Air had not released those seats to them. So, now got a bunch of Iceland Air points and no Hawaii trip! :-( So, warning to others, just because Alaska Air shows award tickets, does not mean that Iceland Air can book you on those seats.

  23. Nicole said,

    Now that Iceland Air has pulled the Alaska Air relationship for now, any thoughts on what to do with the 60K Iceland miles burning a hole in my pocket? Lesson learned, don’t buy unless I’m ready to fly.

  24. Gary said,

    @Nicole – Redeem for a night at a Conrad hotel?

  25. Waiting (Im)patiently for the Return of Icelandair’s Alaska Airlines Redemptions - View from the Wing said,

    [...] Back in August lots of folks were hitting Icelandair pretty hard with their partner redemptions on Alaska Airlines. [...]

  26. Icelandair avslutar samarbete med Alaska Milage Plan said,

    [...] [...]

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