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Purchase Alaska miles for as little as 1.85 cents per mile with this focused deal

Replace: Some affords talked about beneath are not accessible. View the present affords right here.

Alaska Airways Mileage Plan periodically places its miles on sale, permitting you to high up or refill for wonderful redemptions, together with Japan Airways firstclass or Cathay Pacific first. And the present provide often is the most profitable but.

By means of Feb. 14, Alaska is providing a purchase miles sale with a focused bonus. Our group is seeing bonuses of as much as 60%, equal to 1.85 cents per mile.

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Right here at TPG, we solely advocate shopping for miles for a selected redemption. Consequently, it is solely a good suggestion to buy miles with this promotion should you’re planning a visit for later in 2021 and have already discovered bookable award house. Simply keep in mind that there is no assure it’s going to truly be protected to journey by that point.

Let’s take a more in-depth take a look at this provide.

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Necessary issues

Earlier than you soar on the likelihood to purchase Alaska miles, it is vital to maintain a few issues in thoughts. The primary is that now will not be one of the best time to journey — the world is in the midst of the world coronavirus outbreak, and whereas issues have been slowly getting higher, there is no assure that we’ll be capable of journey once more quickly.

Additional, Alaska Airways has been hit onerous by the coronavirus outbreak. The airline just lately introduced huge route cuts and that its CEO is forgoing pay for the foreseeable future. It is even providing focused bonuses to holders of current journey funds — in the event that they lock away their vouchers for a 12 months. This reveals us that the airline’s funds aren’t trying so nice, and whereas I am optimistic that the airline will survive this disaster, there is no approach to assure a optimistic final result.

It is also value noting that Alaska is planning to affix the Oneworld alliance — doubtlessly by the tip of this 12 months. Whereas the service hasn’t introduced any modifications to the Mileage Plan program at this level, that will change within the months to return. Whereas it will be good to achieve entry to extra airways on which to redeem your Alaska miles — like Qatar and Iberia — it is unattainable to know what future award charts may seem like.

Lengthy story brief: You need to solely benefit from offers like this should you perceive the dangers. You will have to cancel flights you booked utilizing miles from a promotion if the coronavirus outbreak is not contained by the point you are set to fly, and people miles could possibly be much less priceless if you go to rebook. On the excessive, if an airline goes bankrupt, there’s an opportunity that the miles might be rendered nugatory.

Shopping for Alaska Miles with as much as a 60% bonus

Purchase Alaska Airways miles with as much as a 60% bonus by way of Feb 14. (Picture by Michael Rosebrock/Shutterstock)

With the heavy stuff out of the way in which, let’s take a more in-depth take a look at the promotion.

The bonus is focused this time round, so your provide could also be totally different than what’s supplied to different members. The very best bonus seems to be 60% and is structured as follows:

Miles bought Mileage bonus Worth per mile
3,000 — 39,000 miles 40% 2.1 cents
40,000 — 100,000 miles 60% 1.85 cents

Some TPG staffers had been focused for a smaller 50% bonus with the next construction:

Miles bought Mileage bonus Worth per mile
3,000 — 39,000 miles 40% 2.1 cents
40,000 — 100,000 miles 50% 1.97 cents

Buying miles with the 60% bonus brings the price all the way down to 1.85 cents per mile so long as you buy not less than 39,000 miles.

This is likely one of the highest bonuses we have seen for Alaska miles, although inferior to a 70% bonus seen in 2020. It is also value noting that the Tax Restoration Price was waived in 2020 in response to the coronavirus pandemic. Sadly, this has since lapsed, and the charge is added to all mileage purchases. Our valuations replicate this variation.

Regardless, it may be an excellent deal for high-value tickets as you will see later within the article.

Purchase Alaska miles with as much as a 60% bonus

TPG values Alaska miles at 1.8 cents apiece, however you will get much more worth out of your miles. You are able to do this by redeeming Alaska miles for first- and business-class journey on one in all Alaska’s many worldwide airline companions like Cathay Pacific, Japan Airways, and Fiji Airways — in some instances, you will get greater than 5 cents per mile in worth with these redemptions.

Associated: Maximizing redemptions with Alaska Airways Mileage Plan

What number of Alaska miles can I buy?

Alaska Mileage Plan hasn’t traditionally had a cap on the variety of Alaska miles you should purchase per 12 months. Nonetheless, there’s now a cap of 150,000 bought or gifted miles per calendar 12 months for Alaska non-elites. Vacationers who maintain MVP, MVP Gold or MVP Gold 75K standing within the Mileage Plan program will proceed to don’t have any annual restrict on the variety of miles bought or gifted.

Observe that this restrict solely applies to the bottom miles bought, not the bonus.

How ought to I redeem my Alaska miles?

As mentioned, Alaska Airways companions with an array of nice airways. You may earn and redeem miles with every of those carriers, and you’ll even add a free stopover on most one-way and round-trip itineraries. Listed below are a couple of of my favourite methods to redeem Alaska miles for future journey — with all costs primarily based on the present 50% bonus.

Simply keep in mind that the beneath choices are primarily based on journey in mid-to-late 2021. Most airline route networks have been adjusted considerably because of the coronavirus pandemic.

Associated: Finest candy spots with Alaska Airways Mileage Plan

Fly to Fiji for an unbelievable $1,017 in enterprise class

(Picture by Miquel Ros/The Factors Man)

With its pristine seashores, Fiji is a bucket-list vacation spot for a lot of vacationers. You should use simply 55,000 Alaska miles to fly to Fiji in Fiji Airways enterprise class, making it the most effective redemption values for Alaska miles. Plus, you should utilize Alaska’s free stopover to proceed to New Zealand or one other South Pacific vacation spot for no extra miles.

Value: $1,017.50 on the maximized, 1.85-cents-per-mile price

U.S. to South America in LATAM enterprise class for $832

(Picture by Emerson Gomes/Shutterstock)

LATAM is the most important airline in South America, with hubs in Buenos Aires (EZE), Lima (LIM) and different main cities. Lots of the airline’s long-haul routes are operated by new planes just like the Airbus A350 and Boeing 787 and have smooth new business-class merchandise like what’s pictured above. You may guide a one-way journey to South America in LATAM enterprise class for simply 45,000 Alaska miles, although these awards have to be booked over the cellphone.

Value: $832.50 on the maximized, 1.85-cents-per-mile price

Head to Asia in Cathay Pacific firstclass for $1,295

(Picture by Ethan Steinberg/The Factors Man)

Cathay Pacific flies from a number of totally different U.S. gateways to its hub in Hong Kong (HKG). You should use your Alaska miles to fly in Cathay Pacific’s swanky first-class product to HKG and past for simply 70,000 Alaska miles one-way with minimal taxes and costs hooked up. Contemplating these tickets typically price greater than $5,000 one-way, buying miles is a superb deal for this award. Nonetheless, like LATAM, you will have to name to guide Cathay Pacific-operated award tickets.

Value: $1,295 on the maximized, 1.85-cents-per-mile price

Use one in all these bank cards to pay for Alaska miles

In case you resolve to benefit from this promotion, your buy will probably be processed by Factors.com — not Alaska. Which means you will not earn bonus rewards for utilizing a card with airline spending as a bonus class.

To earn essentially the most factors to your buy, pay with a bank card that gives a stable return on non-bonus spending, akin to:

Backside line

With the present state of the journey trade, there is no doubt that now could be an unsure time to purchase Alaska miles. The airline has been hit onerous by the coronavirus-fueled journey downturn, and there is no guaranteeing that the virus will probably be contained by the tip of the 12 months. So whereas this focused 60% bonus might seem to be an awesome deal on paper, there is no guaranteeing when you’ll use these miles and really take the award flight you guide.

Regardless, I am optimistic that the journey trade will quickly recuperate from this setback and that Alaska Airways will rebound with it. In case you’re in the identical boat (aircraft?) as me and are snug with the dangers, this mileage promotion could be a good way to gas your future travels.

Nick Ewen, Victoria Walker and JT Genter contributed to this put up.


That is The Factors Man’s everlasting web page about Alaska Airways’ “purchase miles” promotions, so you may bookmark it and test again often for the most recent provide.

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