US Airways has a a new offer for buying or gifting miles. You will get up to 100% on purchased miles between May 1 and May 31, 2013. You can access US Airways web page for this offer here.
The maximum number of miles that you can buy under this offer is capped at 50,000 that is then double to total of 100,000 miles.
The price of a mile under this offer is 1.88 cents each.
Does it make sense to buy Dividend Miles at 1.88 cents each?
US Airways has number of promotions yearly for buying, gifting, and transferring in points from hotel programs to Dividend Miles.
This 1.88 cents per mile offer has been one of the lowest purchase offers. There was an offer for transferring miles in 2012 during which you could “purchase” miles at 1.1 cents each, but that offer was maxed at 50K miles.
If you have firm plans to use these miles and the availability exists on Star Alliance carriers, I would go ahead and buy.
Note that you do not have access to Lufthansa or Swiss first class awards using US Airways Dividend miles.
Here are the terms and conditions of this offer:
Offer available for purchases made between May 1st 00:00:01 PT and May 31st 2013, 23:59:59 PT. All purchases are non-refundable. Bonus miles will be awarded upon completion of the transaction. The maximum number of Buy and Gift Bonus miles that can be received by one member for this offer is 50,000 bonus miles. All miles purchased beyond this limit will not be eligible for a bonus. Offer is subject to change. Offer cannot be combined with any other offer. Share transactions are not eligible for bonus. Only purchases made online are eligible for the bonus.
Miles are sold for $0.035 per mile plus a tax recovery charge of 7.5%. GST/HST will be charged to Canadian residents. Miles purchased through Buy, Share or Gift Miles do not count towards Dividend Miles Preferred status. All other Dividend Miles Terms and Conditions apply. Miles may be used based on award availability at the time of booking. Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift Miles. All purchases are non-refundable.