Promo: Buy Alaska Mileage Plan Miles With A Bonus

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Often buying points strategically can be a good value, and Alaska Airlines Mileage Plan is one of my favorite programs to buy miles from, both thanks to the frequency with which the program sells miles, and what a good deal award redemptions can be. Alaska Mileage Plan has just rolled out its latest promotion on purchased miles, which is valid for the next several weeks.

Through Thursday, December 23, 2021, the Alaska Airlines Mileage Plan program is offering a bonus on purchased miles. Sometimes different Mileage Plan members are targeted for different bonuses, so you’ll have to log into your account to see what you’re eligible for. Based on the accounts I manage, it would appear that the best bonus is for up to 50%, as follows:

  • Buy 3,000-29,000 miles, get a 40% bonus
  • Buy 30,000-100,000 miles, get a 50% bonus

How much does it cost to buy Alaska Mileage Plan miles?

Ordinarily you can buy Alaska Mileage Plan miles for 2.75 cents each pre-tax, before any discounts or bonuses. If you were eligible for the 50% bonus and purchased 100,000 Mileage Plan miles pre-bonus, you’d receive a total of 150,000 Mileage Plan miles at a cost of $2,956.25, which is a rate of 1.97 cents per Mileage Plan mile.

How many Mileage Plan miles can you purchase?

The number of Alaska miles you can buy depends on your status:

  • Alaska Mileage Plan elite members (MVP, MVP Gold, MVP Gold 75K, and MVP Gold 100K) can purchase an unlimited number of miles
  • Alaska Mileage Plan non-elite members can purchase up to 150,000 miles per calendar year; that limit doesn’t include the bonus miles

Note that in all cases you’re limited to purchasing 100,000 Mileage Plan miles per transaction (pre-bonus), though you can always make multiple transactions. Furthermore, you can only purchase miles if you’ve been a member of Mileage Plan for at least 10 days.

Redeem Alaska miles for Japan Airlines first class

Which credit card should you buy Mileage Plan miles with?

Alaska Mileage Plan mileage purchases are processed by, meaning they don’t count as an airfare purchase for the purposes of credit card spend.

Therefore I’d recommend using a card on which you’re trying to reach a minimum spending requirement, or otherwise, a credit card that maximizes your return on everyday spending, like the Chase Freedom Unlimited® (review), Citi® Double Cash Card (review), or Capital One Venture Rewards Credit Card (review).

Best cards for non-bonused spending:

  • Earn 1% cash back when you make a purchase, earn 1% cash back when you pay for that purchase

  • $0

Chase Freedom Unlimited®

  • Earn 3% Cash Back on Dining

  • Earn 3% Cash Back at Drugstores

  • Earn 1.5% Cash Back On All Other Purchases

  • $0

Capital One Venture Rewards Credit Card

  • Earn 2x Venture miles on every purchase

  • No Foreign Transaction Fees

  • Global Entry/TSA Pre-Check Credit

  • $95

Capital One Venture X Rewards Credit Card

  • Earn 2x Venture miles on every purchase

  • No Foreign Transaction Fees

  • 10,000 bonus miles every account anniversary

  • $395

The Blue Business® Plus Credit Card from American Express

  • 2x points on purchases up to $50k then 1x

  • Access to Amex Offers

  • No annual fee

See this post for more on which credit cards are best for buying points.

Is buying Alaska Mileage Plan miles worth it?

There are so many things to love about Alaska Mileage Plan miles:

  • Alaska Mileage Plan has among the most reasonable premium cabin redemption rates you’ll find out there for travel on partner airlines
  • Alaska Mileage Plan has a unique array of airline partners — the airline belongs to the oneworld alliance so has lots of partners within the alliance, but also has lots of non-oneworld partners, ranging from Condor, to Fiji Airways, to Icelandair, to LATAM, to Singapore Airlines
  • Alaska Mileage Plan allows stopovers on award tickets, which most programs don’t allow nowadays; this can stretch your miles a lot further
  • Miles are sold at a reasonable price and can be bought in large quantities, making this a great program for “starting from scratch” and saving money on a premium international ticket

So yes, I think there are many situations where there’s huge value in buying Mileage Plan miles, especially if you find premium cabin award space on airlines like Cathay Pacific, Japan Airlines, Qantas, etc.

Redeem Alaska miles for Qantas business class

On what airlines can you redeem Alaska Mileage Plan miles?

Currently it’s possible to redeem Alaska Mileage Plan miles on the following partner airlines:

  • Aer Lingus
  • American Airlines
  • British Airways
  • Cathay Pacific
  • Condor
  • Fiji Airways
  • Finnair
  • Hainan Airlines
  • Icelandair
  • Japan Airlines
  • Korean Air
  • Qantas
  • Qatar Airways
  • Singapore Airlines
Redeem Alaska miles for travel on Condor

What are good uses of Alaska Mileage Plan miles?

There are so many incredible uses of Alaska Mileage Plan miles, so let me give some examples of one-way redemption rates:

Those are just some of the great ways to redeem Mileage Plan miles, and as I’ll explain below, it doesn’t fully do justice to how much value you can potentially get with these miles.

Redeem Alaska miles for Cathay Pacific business class

Tip: Take advantage of Alaska’s generous stopover policy

One of my favorite aspects of Alaska Mileage Plan miles is that you’re allowed a stopover on a partner award ticket without paying additional miles. Since you’re allowed a stopover even on a one-way, this means you could have two stopovers on a roundtrip award.

Nowadays most airline loyalty programs have eliminated free stopovers on award tickets, so this is something that really sets the program apart. The only exception is that stopovers aren’t allowed if your award is exclusively for travel within Asia.

This is such an awesome and underrated benefit. While current travel restrictions make this complicated to maximize, the long-term potential here is huge:

  • Flying from New York to Bali via Hong Kong? You can stop in Hong Kong for a few days!
  • Flying from Chicago to Singapore via Tokyo? You can stop in Japan for a few days!
  • Flying from Los Angeles to Sydney via Nadi? You can stop in Fiji for a few days!
  • Flying from Seattle to Frankfurt via Keflavik? You can stop in Iceland for a few days!
  • Flying from Miami to Santiago via Lima? You can stop in Peru for a few days!
Have a stopover in Tokyo on an Alaska Mileage Plan award ticket

Are there fuel surcharges on Alaska Mileage Plan awards?

Many consumers are frustrated by the practice of airlines adding carrier imposed surcharges to award tickets. In the case of Mileage Plan, most partners don’t have these surcharges. However, there are surcharges for travel on British Airways, Hainan Airlines, and Icelandair, which is something to keep in mind.

How much are Alaska Mileage Plan miles worth?

Everyone will value mileage currencies differently, but personally I value Alaska Mileage Plan miles at ~1.8 cents each, which is the highest I value any single airline mileage currency. I tend to value points pretty conservatively, and there are many ways to get more value from Mileage Plan miles than that (as I’ve hopefully demonstrated above).

Do Alaska Mileage Plan miles expire?

Alaska Mileage Plan miles don’t expire as long as you have at least some account activity once every 24 months. Account activity could include earning or redeeming miles.

What other ways can you earn Alaska Mileage Plan miles?

There are several ways to earn Alaska Mileage Plan miles, both through flying and non-flying means. Alaska Mileage Plan isn’t transfer partners with one of the major transferable points currencies, so the easiest way to earn Alaska miles is with one of the co-branded credit cards, which include the:

Both offer great welcome bonuses after completing a moderate minimum spending amount. There are lots of other great perks to these cards as well.

Redeem Alaska miles for Cathay Pacific first class

Bottom line

Alaska Mileage Plan is one of the most lucrative loyalty programs to buy miles from, thanks to the excellent redemption rates, stopovers on one-way awards, and variety of partners.

Currently Mileage Plan is offering up to a 50% bonus on purchased miles, which is an opportunity to pick up miles for under two cents each. There’s lots of value to be had with this offer if you’re being strategic. Admittedly Mileage Plan miles aren’t quite as useful as usual right now, given that much of Asia and the South Pacific continue to remain closed, but we’re slowly seeing that change.

Do you plan on purchasing Alaska Mileage Plan miles with this promotion?

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