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Alaska Airlines is offering a 40% bonus on purchased miles through July 13.
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 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. Use the card that earns the best return for unbonused spend.
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.