As with most airlines and hotels facing cash crunch one of the easy way to raise cash is by selling miles/points at a discounted price. On that note Alaska Airlines is currently offering certain member's ability to purchase miles with additional "up to 60% bonus" miles based on the amount of points purchased.
Alaska Airlines partners with many airlines including best in class such as Emirates, Singapore Airlines and Cathay Pacific. So if you have any planned trip for which you can find award space then it may be a good deal to top up or buy Alaska Airlines miles for this trip. To see what is your targeted bonus you need to use your Mileage Plan details and check here.
So, if you purchase 40,000 miles you will receive bonus miles of 24,000; so for a total cost of $1,100 you will receive 64,000 miles. For 62,500 miles you can travel one way to/from South Asia to Contiguous U.S. /Alaska in Cathay Pacific Business class! You can look up the award chart for different airlines here by selecting your region of travel. Below are the published terms for the bonus miles promo:
Purchase miles only if you have trip planned in near/distant future as speculative buying may not be the best bet at this time. Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website.
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Due to COVID-19 most airlines are in survival mode and coming up with various promotions to keep them afloat or to get the much needed cash infusion. Etihad Airways is running a promotion which started on 10th of June and valid till 24th of June where you would get 50% more in value when you purchase a travel voucher which could be used for booking any flights starting 1st August 2020. You can purchase the travel voucher in any amount from $250 to $65,000 and it would be valid for 2 years from the date of purchase. One of the best thing is that you can use the voucher for booking flights for any friend or family and till the end of schedule from the date of booking which could be the last date of expiration of the voucher. You can also book your tickets online and see the voucher value while booking so you do not necessarily need to call. You will need Etihad Guest Account to have travel voucher deposited to the linked travel bank account. You would also earn miles and elite points on the actual ticket purchase. Do keep in mind that although highly unlikely Etihad can also go out of business and you would wind up holding "zilch" or $0 in value for the voucher. Also you cannot use the travel voucher for paying taxes and fees for the award ticket. Below are the terms and conditions of the voucher:
You will need to call the Etihad call center here to make the purchase and in the process they will create the travel bank account for you loaded with the travel voucher purchased. More information on travel bank can be found here. Etihad has vast network of flights and has highly rated Business Class and ranked in top 10 of the world's best business class seats in 2019. So, there could be quite number of opportunities where you can travel with Etihad using the voucher. Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website. We wrote about Hilton Honors Aspire resort credit of $250 applicable to dining purchases going live on 06/01/2020 here. So, if you have not used your Hilton resort credit for the current year from now to 08/31/2020 is the best time to use your Hilton Honor's aspire card for the any dining purchase. The important point was that you can use that credit towards takeout / delivery service providers such as Grubhub, UberEats. DoorDash etc. This allows for potentially using these delivery service with any promotion's they present along with any points, cashback earning potential through various cashback sites or hotel programs. So, below are the few things you can do to maximize your points/cashback for the reimbursed $250 dining credit on your Hilton Honors Aspire card (If you have not already used your resort credit!!).
Chase Sapphire "Pay Yourself Back" for Easy Cash-out at 1.25c (Preferred) or 1.5c (Reserve)!6/1/2020 Chase Sapphire cards has added an amazing feature called "Pay Yourself Back" effective 05/31/2020 where you can cash out ultimate reward points at value of 1.25 cent/point (Preferred card) or 1.5 cent/point (Reserve card) for your purchases made with the card in certain categories. For starters below categories are valid till 09/30/2020:
As per the media release the statement credit will post within 3 days after redeeming ultimate rewards for the said charges. You can access the special pay yourself back page here after logging in your chase account and redeeming ultimate reward points for either 1.25 cent/point or 1.5 cent/point value for the said categories depending on which sapphire card you have purchases on. Chase Sapphire Preferred comes with $95 annual fees whereas Chase Sapphire Reserve has annual fees of $550 (although Chase has lowered annual fees to $450 for any renewals from now till December 2020 instead of the regular fees of $550). Also Chase Sapphire Reserve comes with $300 annual travel credit which can now be redeemed against Grocery store purchase or Gas station purchase till Dec 31st, 2020. So, if you have huge stash of Ultimate Reward Points then having one of the Sapphire credit cards would allow you to redeem the points at a great value. You could also upgrade an existing freedom card to Sapphire card. Do remember though that if you go after Sapphire Reserve card you would have to probably pay regular fees of $550 instead of reduce fees of $450 or you could upgrade to Sapphire Preferred for $95 annual fees. So, do your math if it's worth for you to upgrade and to which card!! Hat tip (Doctor Of Credit) Disclaimer: Some of the links used in the post may be referral links and earn referral to this site. We appreciate you supporting the website. |
AuthorI love traveling / backpacking. This blog focuses on below 3 aspects of travel: This website uses marketing and tracking technologies. Opting out of this will opt you out of all cookies, except for those needed to run the website. Note that some products may not work as well without tracking cookies. Opt Out of CookiesArchives
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