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Last month US Airways was offering a 100% bonus when purchasing miles, however, for the month of October you will instead get a 100% bonus when sharing your miles. This can actually be a great way to buy miles if you have a friend/family member with a lot of miles who is willing to partake in this promotion with you by transferring miles between the two accounts.
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. 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!
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:
- 60,000 miles from the US to Europe in economy
- 60,000 miles from the US to South America in economy
- 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 only 30,000 miles more roundtrip you can fly in business class!
- 70,000 miles from the US to Africa
This promotion ends October 31, 2012 and you can only receive up to 50,000 bonus miles. You can share your miles with another account here.
Thanks to View from the Wing for sharing this promotion!