UPDATE: This promotion has been extended until May 31, 2014.
This is a quick tomorrow that the 100% bonus when purchasing US Airways miles offer ends tomorrow May 25, 2014. While US Airways runs this promotion quite often, I am not too sure if or when we will see this offer again due to the merger with American Airlines. This is one of the cheapest way to purchase US Airways miles and can actually save you money, typically if you are looking to redeem for business or first class seats.
With this promo, you can purchase up to 50,000 miles with the 100% bonus. This is a tiered promotion, so you will have to purchase between 30,000 and 50,000 miles to get the full 100% bonus.
Should you take advantage of this promotion?
While there is no cut and dry answer, this promotion could be great for some of you. Those who primarily redeem for domestic travel will most likely not see the value, but for those that desire business and first class on international flights, this could be a great deal!
Typically, miles are sold for $0.035, but with this promotion you can think of each mile costing $0.0175. If you go all in, the 100,000 miles will cost you $1,881.25. These 100,000 miles can be used for a round-trip business class ticket from the US to Europe. Purchasing this ticket will typically cost you at least $3,000 (on the super conservative side). Remember though, you will not earn miles when redeeming, so there is that opportunity cost as well.
You can check out the US Airways award chart here to see the number of miles needed for each route. Also remember that if you have the US Airways branded credit card you’ll get 5,000 miles off your round-trip flight. Award seats are capacity controlled, so just make sure to look up seat availability prior to purchasing any points. You can purchase miles here.
Where have you been able to redeem your points for a flight that would have actually been much more expensive if paying cash instead of using the purchased points? Comment below and share your success story!