Home Airline Loyalty Alaska Airlines Is Offering A Mystery Bonus On Miles Purchases

Alaska Airlines Is Offering A Mystery Bonus On Miles Purchases


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Alaska Airlines has offered up a variety of mileage sales this year and on at least two occasions it has offered the very best deals we have ever seen that airline offer. Now the airline is back with a sale that runs for most of what remains of this year and it’s a sale that sees Mileage Plan members being targeted for mystery bonuses.

The Sale

I have been targeted for a 50% bonus on purchases of 30,000+ miles (click here to see your mystery offer). This is what my full offer looks like:

  • Buy 1,000 – 2,000 miles – get no bonus
  • Buy 3,000 – 29,000 miles – get a 40% bonus
  • Buy 30,000+ miles – get a 50% bonus

Your mystery offer may differ.

Key Terms

  • Transactions must be completed between 6:00 AM PST November 13, 2020 and 11:59 PM PST December 23, 2020 to be eligible for bonus miles.
  • Miles are purchased from Points.com Inc. for a cost of $27.50 per 1,000 miles, plus GST/HST for Canadian residents. QST will be charged to Quebec residents.
  • Miles are non-refundable and do not count toward MVP and MVP/Gold status.
  • You may purchase and gift Alaska Airlines Mileage Plan miles in increments of 1,000 miles up to 60,000 miles, and in increments of 5,000 miles up to a maximum of 100,000 miles per transaction.
  • MVP, MVP Gold and MVP Gold 75K Mileage Plan member (Elite 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, whether purchased by you or gifted to you.
  • Offer is subject to change and all terms and conditions of the Mileage Plan Program apply.

Click To Buy Alaska Miles

The Math

Because Alaska doesn’t vary the cost/mile within each of its pricing bands, Mileage Plan members will be paying the lowest cost per mile available in this sale whether they buy 30,000 or 100,000 miles.

Here’s what a 30,000 miles purchase looks like…

…and here’s what a 100,000 miles purchase looks like:

In both cases, a Mileage Plan member would be buying miles at ~1.83 cents each.

Deal or No Deal?

Historically, we would be jumping for joy at the thought of a 50% bonus offer from Alaska Mileage Plan as that was the best offer that we had seen prior to 2020. This year, however, we’ve seen bonuses of up to 70% offered so, in comparison, the 50% now looks less enticing…but that doesn’t make this a terrible deal. If you’re happy to travel, can find a destination without onerous entry requirements, and can find awards that work for you, there’s still value to be had here.

Before I go any further, here’s the usual disclaimer: If you have no immediate use for Alaska Miles you shouldn’t be taking part in this sale. It’s a bad idea to stockpile miles at the best of times so a full-blown travel crisis isn’t a great time to be stocking up on miles you don’t plan to use short-term (my golden rule applies).

One of the biggest positives of the Alaska Mileage Plan program is that the airline doesn’t impose a limit on how many miles you can purchase in a single promotion or in a calendar year if you hold status. Technically status holders can keep buying miles until they run out of money. If you don’t have Alaska Mileage Plan status you’ll have to make do with buying a maximum of 150,000 miles…which isn’t too bad.

Alaska’s membership on the oneworld alliance may have been pushed back by a few months but it still has a portfolio of useful partners on which award flights can be booked.

Here are a few examples:

  • American Airlines
  • British Airways
  • Cathay Pacific
  • Emirates (only for flights to/from the US)
  • Fiji Airways
  • Hainan
  • LATAM
  • Korean Air
  • Qantas

You can access the Mileage Plan award charts via this link if you want to check the prices of the awards you’re interested in but, to save you some time, here are a few examples of premium cabin roundtrip awards that you can book with Alaska miles and the cost of those awards based on a purchase price of 1.833 cents/mile:

Business Class Awards

  • Cathay Pacific: USA to Asia = 100,000 miles/$1,833
  • Cathay Pacific: Europe to Asia = 85,000 miles/$1,558
  • Emirates: USA to the Middle East = 165,000 miles/$3,024
  • Korean Air: USA to Asia = 105,000 – 120,000 miles/$1,925 – $2,200
  • LATAM: USA to South America = 90,000 miles/$1,650

First Class Awards

  • Cathay Pacific/JAL: USA to Asia = 140,000 miles/$2,566
  • Cathay Pacific: Europe to Asia = 120,000 miles/$2,200

While all of the redemptions I’ve listed above are pretty good some of them are nothing short of fantastic.

The Class Cathay Pacific fares are excellent (especially the Europe – Asia awards), but be aware that Alaska doesn’t always have access to all the award seats that you may see when searching on sites like BA.com, so it’s always worth calling up to check availability before buying miles for an award you’ve found online.

Use The Right Credit Card

Alaska Airlines Mileage Plan mileage sales are processed by Points.com so that eliminates the scope to earn a travel/flight/airline bonus by using a credit card that offers bonus points for shopping in one of those categories (e.g. the Chase Sapphire Reserve Card). With that option closed off, this makes this sale a good opportunity to use a credit card on which you’re working towards a strong welcome bonus (like the current offer on the Marriott Bonvoy Business Card or the offer that the two Chase Freedom cards are currently offering).

If you’re not working towards a card’s welcome bonus, the Citi Double Cash credit card which offers 2% cash back on all purchases would be one of the better options to use.

Bottom Line

The key to doing well out of this sale is this: Do your research, find awards that work for you, and only then buy the points you need – it’s hard to get burned when you buy miles and use them within days of the purchase.

Click To Buy Alaska Miles

 

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Regarding Comments

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser or any other advertiser. It is not the bank advertiser’s responsibility or any other advertiser’s responsibility to ensure all posts and/or questions are answered.

1 COMMENT

  1. Until the shape of the new MileagePlan emerges after joining OneWorld I am not a buyer of more miles. Who knows what bag of nasties awaits.

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