Alaska Airlines Mileage Plan buy miles bonus is back and they are offering up to a 60% bonus until August 15, 2024. The tiered bonus structure varies by member and top end bonus is a mystery until you log in to your account.
With a 60% bonus you’ll be buying Mileage Plan miles for as little as 1.85 US cents plus GST/HST. With the program making it relatively easy to redeem at over 2 cents per mile for premium class award flights this can work out to be a good deal. However, if you are no rush to make a redemption the program has previously offered 60 and 70% bonuses so it could be wise to wait for those offer before buying.
The up to 60% bonus
Receive up to 60% Bonus Mileage Plan Miles when you buy or gift miles. Valid until Aug 15, 24 Click here to buy Alaska Airlines Miles
- Buy 3,000-24,000 miles, get 40% more.
- Buy 25,000-44,000 miles, get 50% more.
- Buy 45,000-100,000 miles, get 60% more.
Does it make sense to buy Mileage Plan miles?
Yes in many cases it does! Those cases tend to be for premium cabin redemptions (business or first class) on Alaska’s partner airlines like JAL, Korean and Condor.
For example, here is a round trip business class flight between Edmonton and Frankfurt with Condor this August:
You can redeem 110,000 Mileage Plan miles + US$225.19 for these flights. If you had to buy all 110,000 miles it would cost you US$2069.38 as you would buy 70,000 miles and receive 42,000 bonus miles with the 60% bonus
:
Convert that to C$, add in the GST on the miles purchase and then the fees on the redemption and you are looking at spending around C$3200 (price is dependent on which province you are in for GST/HST and what US$-C$ conversion rate you get). That’s a big purchase and a lot of money but when you compare it to the actual cost of the flight – it provides over $700 savings over the current price:
Definitely not for everyone but something to consider if you are in the market for this type of opportunity!
Another potential future option will be using the miles for Porter Airlines. Sometime later in 2024 Porter Airlines will become a full redemption partner for Mileage Plan. Once they do we’ll start comparing cash costs vs. mileage amounts and buying miles to see if this will become a viable option!
Click here to learn and/or to buy Alaska Airlines Mileage Plan miles
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