Update: The offer mentioned below has expired and is no longer available.
Alaska offers easily one of the most valuable airline mileage programs in Mileage Plan — the only downside is that it can be difficult to accrue a large number of Alaska miles since the program’s only transfer partner is Marriott Bonvoy.
Given the type of redemptions you can book with Alaska miles, purchasing the number of Alaska miles needed for the redemption can save you some serious cash — even more so when you can buy them with a 50% bonus!
Get Up to a 50% Bonus on Alaska Miles
From now until June 25, 2022, you can purchase Alaska miles and receive the following bonus amounts depending on the number of points you purchase:
- Buy 3,000 to 14,000 miles and get a 30% bonus — 2.27 cents per point
- Buy 15,000 to 29,000 miles and get a 40% bonus — 2.1 cents per point
- Buy 30,000 to 100,000 miles and get a 50% bonus — 1.97 cents per point
Here are the important terms:
- Transactions must be completed by 11:59 p.m. PST on June 25, 2022.
- Miles are purchased from Points.com for a cost of $27.50 per 1,000 miles.
- Miles are non-refundable and do not count toward MVP and MVP/Gold status.
- MVP, MVP Gold, MVP Gold 75K, and MVP Gold 100K Mileage Plan member accounts have no annual limit on the number of miles which may be purchased or gifted through Points.com. If you are not an elite member, your account may only be credited up to a maximum total of 150,000 miles acquired through Points.com in a calendar year. Bonus miles do not count toward the maximum total of 150,000 miles.
We value Alaska Mileage Plan miles at 1.8 cents per point, making the 50% bonus tier relatively close. However, we’d only recommend this if you have a specific redemption in mind that you know can offer you significantly more value than what you will purchase the points for.
Should You Buy Alaska Miles?
It can make sense to purchase Alaska miles if you have a specific redemption in mind that you know will offer more than 1.97 cents per point in value, but you don’t currently have enough points to complete the booking.
One such example could be purchasing a round-trip ticket in Cathay Pacific business class between the U.S. and Hong Kong for 100,000 Alaska miles roundtrip.
To purchase the 100,000 miles needed during this promotion, the cost would be $2,069.38. This is a sizeable sum, sure, but when you consider that the cash cost of this ticket is usually $6,000 to $8,000, all of a sudden paying ~$2,000 to fly in one of the world’s nicest business class cabins for 32 hours starts to feel like a bargain.
Hot Tip: Learn about the best ways to earn and redeem Alaska Mileage Plan miles in our detailed guides!
While this bonus isn’t quite as good as the 60% bonus that Alaska ran previously, it could still be quite valuable depending on the redemption that you have in mind. As always, the decision on whether or not to buy points is very situational, so make sure to run the numbers for yourself and weigh all of your options before deciding if it makes sense for you to do so.
If you do decide to jump on this promotion to purchase Alaska miles, make certain that you do so before the promotion ends on June 25, 2022.
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