US Airways just sent an email offer this morning for 100% bonus on buying Dividend Miles. The maximum number of miles you can buy under this offer is 50K that is then doubled to 100K. The price of the purchase, if you buy the maximum number of miles, is $1881.25. The price of the mile purchased is 1.88 cents that is fairly reasonable.
If you didn’t receive the email, you can easily check your accounts eligibility for this offer. All you need to do is to go to the Buy Miles section of Dividend Miles.
Enter your name and Dividend Miles number when the Lightbox pops up.
You will then see a message for the 100% offer, if your account is eligible for this bonus. The wording that US Airways uses suggests that they have targeted this offer for those that have redeemed miles recently.
The final screen shows the price of the purchase that includes all the taxes and fees.
Conclusion: 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 is about the lowest price that they have had in the recent past.
If you have firm plans to use these miles and the availability exists on Star Alliance carriers, I would go ahead and buy.
US Airways has recently started to block some/all first class award availability on Lufthansa and Swiss. Just to thing to bear in mind.
Here are the terms and conditions of this offer:
The 100% bonus offer is non transferable and is applicable between August 1 and August 31, 2012, 11:59 MT. All purchases are non-refundable. The maximum number of Buy Bonus miles that can be received for this offer is 50,000 bonus miles. Gift and Share transactions are not eligible. Offer is subject to change. Offer cannot be combined with any other offer. Only purchases made online are eligible. Miles purchased through Buy, Share or Gift Miles do not count towards Dividend Miles Preferred status. All other Dividend Miles Terms and Conditions apply. Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift miles. Award seats are capacity controlled and may not be available for the requested dates or mileage amounts.
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.