You can typically purchase Alaska miles in increments of 1,000 miles for $27.50, giving you a pre-tax, per-mile cost of 2.75 cents . With this bonus, we were able to purchase 60,000 miles for $1,650, netting us 90,000 miles for 1.83 cents each (before tax) after the 50% bonus.
The maximum number of miles you can purchase per transaction is 100,000 pre-bonus, and you can purchase a total of up to 150,000 miles per calendar year. However, if you’re an Alaska elite member there’s no limit to how many miles you can buy .
The standard price to buy miles is $27.50 for 1,000 miles, at a cost of 2.75 cents per mile.
The basics of buying miles “The price airlines charge typically is about 3 cents a mile when everything is factored in — but, these days, the average value of a mile is about 1.2 cents ,” says Tim Winship, publisher of FrequentFlier.com, which offers tips and information about frequent flier programs.
What’s a mile worth? About 1.4 cents , according to SmarterTravel. That’s based on most airline programs’ 25,000 miles “price” for a coach ticket and an average $350 value for that ticket. Using this 1.4-cents-per-mile baseline, you can calculate whether any ticket is worth using your miles for.
With a 50% bonus, this sale presents a great way to book discounted partner award tickets. Here at TPG, we only recommend buying miles for a specific redemption. As a result, it’s only a good idea to purchase miles with this promotion if you’re planning a trip for 2021 and have already found bookable award space.
Free Tickets With Alaska Airlines Miles If you want to buy a free ticket using your Alaska Airlines miles, prices start at 5,000 miles for a one-way, non-refundable economy ticket on a short hop flight within the United States.
Generally speaking, buying airline miles isn’t a good idea, because the price at which they’re sold usually exceeds the value of what they can be redeemed for. There are lots of other ways to earn miles , including through flying, credit card spend or promotional bonuses.
Mileage Plan miles do not expire , and may be left in your account as long as the Mileage Plan program exists. However, if there is no activity (earning miles or using miles ) on your account for 2 years, the account will expire and your miles will be deleted.
On average, 40,000 miles are worth about $400 .
How Many Miles Do You Need To Have For A Free Flight By Airline? We sampled award miles needed for a one-way domestic flight, and found that consumers need between 5,000 and 147,000 to get a free flight.
Alaska Airline miles can be sold at competitive prices. Now you can sell your Alaska airline miles quickly. Submit your information by filling our form, and once your account is verified using our technology, you will be paid instantly. It is one of the right options for making money from home with fewer efforts.
However, a randomly selected flight on the same day from Portland to New York (JFK) would cost you $287 in cash and the same 20,000 miles . With this flight, each mile would be worth about 1.4 cents per mile . This is almost double the value of the same number of miles .
Yes, airline miles are worth it . Whether you earn airline miles through an airline’s frequent flyer program or from a credit card with miles , you’re earning something of value in return for money you would be spending anyway.