40% Bonus on Purchased Alaska Miles is Back (The Best Airline Miles at 2.1 Cents)

I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).

Alaska Airlines is offering a 40% bonus on purchased miles through April 9.

You’ll have to enter your Mileage Plan number to see the details of the offer, so it’s possible this is targeted, but every one of the accounts I manage received the same deal.

Here’s the bonus structure:

  • 20% Bonus: Buy 10,000 – 19,000 miles
  • 30% Bonus: Buy 20,000 – 29,000 miles
  • 40% Bonus: Buy 30,000 – 60,000 miles

A 40% bonus lets you buy Alaska miles for 2.11 cents apiece. To be sure there has been a 50% bonus in the past but that’s rare, 40% is the a good offer.

Bear in mind that you can buy miles as many times as you wish, so while the most you can buy per transactions with this offer is 84,000 miles you can make multiple transactions. Any Alaska Airlines account that has been open at least 10 days can buy miles. Points purchased post instantly. They’re processed by Points.com and these transactions do not count as airline spend on your credit card.

Alaska Airlines allows a free stopover on each one way award. And they have some of the best redemption prices of any program. I’m not in favor of hoarding miles at this price but I’ve purchased miles with a 40% bonus myself.

  • Cathay Pacific first class: 70,000 miles one way even to Africa connecting in Hong Kong, though bear in mind Alaska doesn’t always have access to all available inventory.
  • Cathay Pacific business class: 50,000 miles one way to Asia
  • Japan Airlines first class: 70,000 miles one way or 75,000 miles to Southeast Asia, availability is generally fantastic close-in to travel out of New York and Chicago.
  • Intra-Asia: Cathay Pacific business class for 22,500 one way or Japan Airlines business for 25,000 one way

They partner with many unique airlines in addition to carriers like American and British Airways such as Emirates (and business class pricing is far better than first class pricing), Condor, Hainan Airlines, and Icelandair as well.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

More articles by Gary Leff »


  1. Sigh. If only it were easy to use miles on first class international flights! I find that availability (esp less than 6 months out) is terrible (or if first class is avail the routing is terrible). I love Alaska and I’m a loyal customer for domestic flights but I really wish they would up their international partnerships for better seat availability.

Leave a Reply

Your email address will not be published. Required fields are marked *