Deal: Buy Alaska miles for $0.024 each till 29 Jun 2020 (Targeted)

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Alaska Airlines is offering 40% to 60% bonus on miles purchases from now till 1459 hours on 29 June 2020. As usual, ignore the term “60% bonus”. You should only care about the actual price-per-mile that is being offered. If you are targeted for a 60% bonus, it simply means that you can now buy Alaska miles at S$0.024 each. This is “only” 9% more expensive than my valuation of $0.022. This is slightly cheaper than the last sale as USD has weakened by about 3% against SGD since April 2020.

What is Alaska miles? Why do I value it more than Krisflyer? How to accumulate them? How to use them?

All these questions are answered here!

Click here to buy Alaska miles with this offer

Only 50% bonus for me

I was targeted for 40% bonus during the last sale and sadly, I am not targeted for a 60% bonus this time as well. I will not be buying Alaska miles this time as I do not have any urgent use for them.

Check if you are targeted for a 60% bonus.

Unlock Business/First Class seats at MASSIVE discounts

I have recently wrote an article listing the sweet spots of Alaska Airlines Mileage Plan. Any routes listed in the table above would give you incredible value. I have made changes in the table to reflect a “Buy Miles” rate of $0.024 per mile.

You can now buy miles to fly Business to Japan with just $540 worth of miles instead of $608. And also, Business to USA at $1,200 instead of $1,350. Fantastic value.

If you are not sure how to book your flights with these miles, check out this article.

Which card to use?

Of course, if you are purchasing these miles, you want to earn even more miles by using the right credit cards.

Conclusion

The usual rule-of-thumb applies; I do not recommend buying miles/points if you do not intend to use them in the foreseeable future. For obvious reasons, now is not a good time to fly.

Many things can happen to Alaska Airlines in the coming months. It can go bust. It can also devalue its Frequent Flyer Program (FFP), Mileage Plan; although that would be a really self-stabbing move to do it during this period of uncertainty when most airlines are trying to decorate their FFPs with status extensions and more.

Alaska miles do not expire as long as there is at least one activity every 24 months. How often can you get the opportunity to fly ultra long-haul in First Class for just S$1,680? This ticket usually sells for about $8,500. Personally, I would have accepted the risks and bought these miles if I was targeted for a 60% bonus.

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