Best Deal for “Buying” US Airways Miles is Back

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Paying money to purchase frequent flyer miles is not something that makes sense for everyone.  Your award travel is certainly not “free” if you bought the miles, but it may still be one heck of a deal.  US Airways almost always has a deal to purchase their miles available, but some of the deals are not very great, and just get the purchase price to around 2 cents per mile.  That is the minimum value I like to redeem miles at, but not what I would usually want to buy at since I wouldn’t come out ahead if I was buying and redeeming at the same value.

However, US Airways has just brought back their most lucrative mileage purchase promotion that I have participated in.  This promotion requires a little bit more of a process than just making the purchase since you get the deal when you share miles with a friend for family member.  Here are the details:

For a limited time, when you share miles, the recipient will get a 100% bonus – up to 50,000 miles. Just share your miles by October 15, 2013.  Share miles from October 1 to October 15, 2013 and your friend or family member will get 100% MORE in bonus miles – up to ​50,000 miles.

  • Share 10,000 miles, give 20,000 miles

  • Share 30,000 miles, give 60,000 miles

  • Share 50,000 miles, give 100,000 miles

US Share miles promo

Let’s say that I was going to share 50,000 miles with my husband’s US Airways account.  He would then receive not only the 50,000 I transferred to him, but a 50,000 mile bonus for a total of 100,000 miles. I would be left with 50,000 fewer miles than I had before.  Of course, he could then share back with me.  I would then get the 50,000 back I just transferred, plus an additional 50,000 from the share miles promo.

The cost to make each one of these transfers would come to $567.50 including all taxes and fees.  That means that those bonus 50,000 miles are basically coming at a cost of 1.135 cents each.  That is a very good value.  That roughly translates to being able to buy enough miles for a domestic round trip coach ticket of 25,000 miles at $275 which isn’t great for some routes, but is a very solid price for others.  It is also the same as buying enough miles (110,000) to go to Australia and back in business class for $1,210.  If you have the US Airways credit card you can fly to Europe round trip in coach on US operated flights for 30,000 miles during the off-peak times of January 15 – February 28 (35,000 miles if you don’t have the US Airways card).  With this promo those 30,000 miles would cost you $330.  That is Europe round trip for $330 (plus taxes/fees)!

I will absolutely be participating in this promotion, just as I have when it was offered in the past.  You need to do the math and see if it is something that makes sense for your family.  I would not recommend participating in this offer only to sit on the miles for an undetermined amount of time, but it can be a great deal if you have some plans for the miles in the next couple of months.

Here are a few terms to be aware of:

  • Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift miles (so open an account today!!)
  • Offer valid for Share miles transactions made between September ​30​, 2013 00:00:01 PT and October 15, 2013 23:59:59 PT.
  • Members may receive a maximum of ​ ​50,000 bonus miles during the offer period.
  • This bonus is only applicable for Share Miles and the offer does not apply to Buy or Gift Miles transactions. Bonus miles will be awarded to the recipient of the Share. Offer is subject to change.
  • Only purchases made online are eligible. All US Airways Dividend Miles terms and conditions apply. Visit usairways.com/dividendmiles for details.

Be aware that these transactions are traditionally executed by points.com and not US Airways itself, so don’t worry about using a credit card that pays a bonus on airfare.  Anyone else have plans to participate in this deal?

Thanks to View From the Wing for sharing news about this deal!

Comments

  1. I am thinking about it. Its a bit more, than I would like to pay, but as cheap as its gonna get. Maybe ever, if merger goes through after all. I got few weeks to think it over.

  2. I absolutely will be. Have my dad transfer to me (if I can get him on board!), and then i’m going to transfer back. The ultimate win-win!

  3. Just in time – I was short 16,000 in my account to “buy” 4 tickets to Alaska, but my husband conveniently had 9,000 points in his account. I would much rather spend $125 to share than use my Flexperks points for the 4th ticket.

  4. It really even works out to better than 1.135 CPM. When you pay with your credit card, you get another 568 points, bringing it to 1.122 CPM total. Amazing deal.

  5. Trying to decide if this is a good deal for me. Right now I have about 32K US Airways miles and my husband has around 36K. We are going to Turks and Caicos in Oct 2014 and then possibly to Europe for spring break 2015. We have more than enough AA miles to cover the TCI trip. (off season it’s 25K each. we need 3 tickets)

    HOWEVER 🙂 If we want to go to Europe in Apr 2015 that is off season on AA too and would only cost 40K miles each. It would be much higher on US Airways or any other airline.

    So…if I use this mile share promo I could transfer miles to my husbands account to cover 30K each on US AIirways (with the 5K discount for having the credit card) for TCI at a cost of $320 after taxes and fees. I am probably canceling that card when the annual fee comes up in May so I would lose that 5 k discount.

    I always book award tickets 1 year ahead so I would be booking TCI in November.

    Just trying to figure out if that is the best way to book these trips and is it worth shelling out $320. 🙂

    • RP, the transaction will be processed by points.com and not US Airways, so I would think no. I like the way you think though!

  6. Does anyone know if I transfer SPG points to US Airways, Can I still share those transferred miles? I haven’t done the SPG transfer yet.

    • ali, it isn’t going to matter how you originally got the miles you are going to share. It only matters that you have them. Do remember that transfers from SPG – US Airways is not instant. It will take at least a few days, so don’t hesitate if you want to take advantage of that option.

  7. Hello everyone and thank you for your posts. Does it really work to share the points and then share them back to the same account? Even if one account was empty? Lets say I have 100000 miles on account A and 0 miles on account B. I will share 50’000 from A to B and get 100’000. Can i share back 50’000 from B to A?

  8. Ok, this is small potatoes, but I have 1,743 miles each in three separate US Airways accounts for my kids (due to a recent flight). I was hoping to move these miles into my account to combine everything. However, I see that you have to share in 1,000 mile increments. Any easy ways to top up the 3 “kid” accounts to get to 2,000 miles in each account? Thanks!

    • Mark, I don’t know if there is an easy and instant way short of buying them. There are other ways, but I can’t think of any that are instant and would work for that specific amount you need. Maybe someone else can think of one!

  9. Are these Shares instant? On a related note, does the 12 day rule apply to the account receiving the miles? If it’s not instant but I can share to a brand new account, I can have my friend create an account today, share with her, and have her share back with me after 12 days. If instant this isn’t an issue.

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