Virgin America Elevate is offering an 80% bonus on purchased miles through March 20.
Here’s the Virgin America buy, gift, and transfer page. You have to be logged into your account to proceed. And then when you click on purchase miles you’ll see the offer:
Don’t wait to travel in style. When you buy Elevate points by March 20, 2013 you’ll get 80% more points than you bargained for.
Buy Elevate points in increments of 500 up to 20,000 points per calendar year.
This is a better offer than I’ve seen before for Virgin America mileage purchases, and certainly better than January’s 50% bonus.
With this offer you’re paying about 2.9 cents per mile, which sounds high but Virgin America’s currency is somewhat deflated compared to most mileage programs.
Virgin America’s points are worth 2.2 cents apiece towards Virgin America travel, so it’s not a good deal to buy points and redeem them on Virgin America. But it can be a good deal to top off an account towards a specific award.
For instance, 30,000 miles is enough for a one-way San Francisco – London award in Upper Class on Virgin Atlantic, but that purchase will need to be paired with $600 in taxes and fees.
Still, less than $1500 all-in for a one-way Virgin Atlantic business class flight isn’t bad as far as those things go.
Point purchases are processed by points.com, so to answer a common question about such transactions they do not post as travel or airfare to the credit card used for the purchase (and thus won’t earn applicable category bonuses).
(HT: sobore on Milepoint)