Edited by: Nick Ellis
& Juan Ruiz
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Alaska Airlines Mileage Plan is one of the most valuable airline loyalty programs thanks to its high-value airline partners including the likes of Cathay Pacific and Fiji Airways. The downside? It can be difficult to amass a large number of Alaska miles. Currently, the program’s only transfer partner is Marriott Bonvoy.
Given the number of possible redemptions you can book with Alaska miles, purchasing miles needed for an award flight can save you some serious cash — even more so when you can buy them with up to a 50% bonus!
Here’s a look at everything you need to know.
Through December 23, 2023, you may be targeted to buy Alaska miles and receive the following bonus amounts depending on the number of points you purchase:
Here are the important terms:
We value Alaska Mileage Plan miles at 1.8 cents apiece, making the 50% bonus tier relatively close to our baseline. Given that, it could be a good idea to purchase miles at this price if you have a specific redemption in mind, especially if it will offer significantly more value than what you’ll purchase the points for.
It can make sense to purchase Alaska miles if you have a specific redemption in mind that you know will provide more than 1.85 cents per point in value, but you don’t currently have enough points to complete the booking.
To purchase the 100,000 Alaska Mileage Plan miles needed, the cost would be $1,970 during this promotion. This is a sizable sum for sure. But when you consider that the cash cost of this ticket is usually $6,000 to $8,000, paying ~$1,970 to fly in one of the world’s nicest business class cabins for 32 hours round-trip starts to feel like a bargain.
When it comes to buying Alaska miles, the 50% bonus is a pretty great offer. As always, the decision of whether to buy points is very situational. Therefore, run the numbers yourself and weigh your options before deciding if it makes sense for you to do so.
If you do decide to jump on this promotion, make certain that you do so before December 23, 2023.
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UP's Bonus Valuation
This bonus value is an estimated valuation calculated by UP after analyzing redemption options, transfer partners, award availability and how much UP would pay to buy these points.