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Buying miles and points is never as good as getting them ‘for free’ or just earning them as you go about your daily life, but it can still sometimes be a good idea. It can be a good option to consider if you just need a few more to get you to that award booking you want, or you do the math and determine that buying the miles is actually cheaper than outright buying a ticket with cash. With that in mind, United is now selling miles with an up to 100% bonus and at a price as cheap as I ever recall seeing.
To get the full 100% bonus on your purchased United miles you need to purchase between 50,000 – 75,000 miles by September 12, 2017.
- Buy 5,000 – 14,000 miles get a 25% miles bonus
- Buy 15,000 – 29,000 miles get a 50% miles bonus
- Buy 30,000 – 49,000 miles get a 75% miles bonus
- Buy 50,000 – 75,000 miles get a 100% miles bonus
At the 100% bonus level the price per mile drops to 1.75 cents plus taxes, for a total price of 1.88 cents per point. To put that to numbers, let’s say you decided to fly from Houston to Amsterdam this weekend.
At this moment United wants $2625 to fly one-way in economy or $9,907 to fly in business class this coming Saturday. I know those are crazy prices and most of us wouldn’t pay anywhere close to that to fly to Europe, but just hang with me for a minute.
If you had instead purchased the 57,500 United miles needed to fly that route at a rate of 1.88 cents each, then the one-way flight would cost you about $1,081 to fly not in economy, but in lie-flat business class.
While you can often do better than the close-in cash one-way prices listed above, you are not generally going to find prices on that route or similar for just a little over $1,000 each way in lie-flat seats. That’s a far cry from flying ‘for free’, but it is also still a potential way to save a ton off of retail prices.
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.