Alaska Airlines Mileage Plan is currently running a discounted miles sale and you can buy Mileage Plan Miles with a bonus of up to 50%. This limited time offer expires tonight on March 14, 2021.
ALASKA AIRLINES MILEAGE PLAN MILES: UP TO 50% BONUS MILES
Like most promotions, this promotion is broken down into two different tiers.
- Buy 5,000 – 34,000 miles, get a 40% bonus
- Buy 35,000 – 100,000 miles, get a 50% bonus
- With this offer, if you were to buy 34,000 Miles, you’d get a 40% bonus. Overall, you’d purchase 47,600 miles for $1005.13, at 2.11 cents per mile.
- With the second tier, if you were to max out and buy 100,000 miles, you’d get a 50% bonus. Overall, you’d purchase 150,000 miles for $2,956.25, at 1.97 cents per mile.
SHOULD YOU BUY ALASKA AIRLINES MILES?
Now you may ask whether it makes sense to buy miles or points in advance, even when they’re sold at a discount. Here’s how I view that decision.
You should buy miles/points if you:
- Have an upcoming trip and you’re falling short by a few miles to book it
- Want to buy miles for a very specific trip that will give you outsized value. For example, I often purchase miles during promotional periods when I know I can book a business class ticket in the future which will give me a value of over 5 cpp on miles purchased at 1.5-2 cpp
- Are ineligible for a credit card sign-up bonus for that points currency due to restrictions by the card issuer
You should not buy miles/points if you:
- Can easily transfer flexible points like Amex Membership Rewards or Chase Ultimate Rewards to top up your balance to book an upcoming trip
- Are simply purchasing miles to increase your balance without any specific use on the horizon
- Can easily rack up enough miles or points via credit card sign-up bonuses
The Pundit’s Mantra
If you compare Alaska MileagePlan miles to the other major airlines, they’re a lot harder to come by. Also, Alaska doesn’t have any major transfer partners at a 1:1 ratio like United, Delta and Southwest have.
Therefore, some people may find these promos useful, especially given that Alaska Airlines is going to join OneWorld on March 31st this year. Over the last few years, I’ve derived great value from Alaska Airlines MileagePlan to fly business class on their partners, namely Japan Airlines, Emirates and Cathay Pacific.
American Express is currently offering some amazing welcome bonuses on many of their personal cards. You can earn up to 75,000 Membership Rewards points or up to 90,000 Delta SkyMiles with these bonuses. What makes this deal even better is that Amex is throwing in an additional $200 in statement credits! These limited time offers end on May 5, 2021.
(Note: You can open the link in private browsing mode or incognito mode if the elevated offers don’t show up right away)