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Reminder: Today is the last day to take advantage of the 100% sharing miles bonus. This is a better promotion then the typical 100% purchase miles bonus. With this promotion you are essentially buying miles at 1.13 cents per point.
Through April 13, 2014, US Airways is offering an up to 100% bonus when you share your miles. This is different than the 100% bonus when purchasing miles, and can actually be a better promo if you have a friend/family member with a lot of miles who are willing to partake in this promotion with you. This is a tiered promotion, so you will only reap the 100% bonus when transferring 30,000-50,000 points.
You can share up to 50,000 miles with another account with that account getting 50,000 bonus miles. The cost of sharing miles is actually slightly less than purchasing miles, so this can end up being an amazing deal! You can only share miles in 1,000 mile increments at $10 per $1,000 miles. This means that the cost to share 50,000 miles with a friend, thus giving them 100,000 miles, will cost you $500. However, when sharing miles you will pay a $30 fee per transaction plus 7.5% tax. This makes the total cost $567.50 when maxing out. While person A is out 50,000 miles, person B is up 100,000 miles, thus a gain of 50,000 miles. Person B can than share the 50,000 miles back to person A for the same $567.50 cost. Ultimately, this means you can “purchase” 50,000 miles for $567.50, which can be one heck of a deal for many! As a frame of reference, the cost to purchase 100,000 miles during the “100% bonus on purchasing miles promotion” costs $1,881.25.
While 50,000 miles alone probably won’t get you anywhere internationally, it can be used for two domestic roundtrip tickets, meaning each roundtrip will cost you $284. Probably not the best deal, but you never know. For domestic travel usage I wouldn’t speculatively partake in this promotion, unless you know there is an absolute need with a cost savings. A flight to Hawaii, however, only requires 40,000 miles if you are able to find low-level award availability – which will cost you $460. The real value, however, is for international travel, especially business and first class award tickets, but you must have existing miles in your account (or plan on purchasing or earning them in the future) to be able to redeem for a higher amount.
Some sample award redemptions include (you can check out the entire US Airways award chart here):
- 60,000 miles from the US to Europe in economy, but for 100,000 miles you can fly in business class
- 60,000 miles from the US to South America in economy, but for 100,000 miles you can fly in business class
- 60,000 miles from the US to North Asia (includes: China, Hong Kong, Japan, Kazakhstan, Kyrgyzstan, Macau, Mongolia, S. Korea, Taiwan, Tajikistan, Turkmenistan, and Uzbekistan), but for 110,000 miles you can fly in business class!
- 70,000 miles from the US to Africa, but for 110,000 miles you can fly in business class
**Business class tickets is where you will really find the best value! Remember, the award chart is slightly different for travel pre-June 1 and post-June 1.
Remember, you do not have to redeem your US Airways miles only on US Airways flights. When you look for point redemption opportunities at usairways.com you will only get the availability and mileage required for US Airways operated flights. Remember, US Airways is now part of the OneWorld alliance.
The one thing I hate about US Airways is that you cannot redeem their points for one-way travel, only roundtrip – so keep that in mind. However, you typically can do three-legged trips allowing you to get a higher value out of your points.
This can also be a way to purchase American Airlines on the cheap once the merger goes through (or points are able to be transferred from one loyalty account to another).