US Airways is offering a 100% bonus on shared miles (miles transferred between accounts) during the month of October.
You can earn up to 50,000 bonus miles with the offer, which should appear instantly with the transfer.
The cost for this is “$0.01 per mile plus a processing fee of $30 and a tax recovery charge of 7.5%” — transferring 50,000 miles from one account to another will deposit 100,000 in that account at a cost of $567.50.
Since that’s a net increase of 50,000 miles you’re buying miles at $0.01135 per mile. At that price I’m a buyer.
What I love about US Airways is awards in premium cabins on Star Alliance partner airlines, and a generally reasonable award chart — in some cases downright generous such as 90,000 miles roundtrip between the US and Hong Kong, and 110,000 miles roundtrip between the US and Australia or Africa. Here’s my guide to using US Airways miles to book Star Alliance awards.
What I don’t love about US Airways is that there are no one-way awards at half the cost of roundtrip, and no changes to an award ticket once travel has commenced. In addition, US Airways usually can’t “see” Lufthansa transatlatnic first class award seats and will see fewer Swiss first class seats than are actually available (though in both cases, availability is rare in any case, and for the most part only close to departure).
Since it’s now been three years since they increased prices on their award chart, I wouldn’t be surprised to see another round of increases in the near or medium-term. I’m not sure I’d be truly stocking up on US Airways miles. But it’s still hard to go wrong at less than 1.2 cents apiece. So I intend to take advantage of this offer.