US Air's 100% Buy-Miles Bonus Is Back
If you're in the market to buy frequent flyer miles, no company has offered better deals, more consistently, than US Airways.
The company's recurring 100 percent bonus offer for purchased miles has been a perennial favorite of mileage-buyers looking to purchase miles on the cheap and redeem them for expensive premium-cabin flights.
Not surprisingly, it's back.
Through May 25, Dividend Miles members will receive bonuses when purchasing miles, as follows:
- 10,000 to 19,000 miles - 50% bonus
- 20,000 to 29,000 miles - 75% bonus
- 30,000 to 50,000 miles - 100% bonus
Miles normally sell for 3.5 cents each, plus a 7.5 percent tax-recovery charge. The bonus, at 100 percent, effectively halves that, to about 1.9 cents per mile.
The bonus applies to miles purchased for one's own account or as a gift for another Dividend Miles member.
If you're not already a Dividend Miles member, note the following: "Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift miles."
Deal or No Deal
Since US Airways began offering buy-miles bonuses several years ago, the combination of increases in the price of miles and higher award prices have diminished the promotions' potential value.
Nevertheless, purchasing discounted US Airways miles and redeeming them for premium-cabin international flights on US Airways or on oneworld airlines can still make for outsized return-on-investment opportunities.
Your mileage may vary, of course. And you'll have to work around the capacity controls imposed on award tickets. But done right, this promotion is still capable of delivering solid returns.
In assessing the past couple of US Airways buy-miles promotions, part of the calculation has been that any current US Airways miles were probably destined to become American miles as a result of the two airlines' planned merger. Now that the merger is a done deal, you can be confident that the US Airways miles you buy today will indeed be consolidated with miles from the American AAdvantage program. Since it remains to be seen what the new program will look like, that could turn out to be either a positive or a negative.
This article originally appeared on FrequentFlier.com.