US Airways has a new 100% bonus for buying or gifting Dividend Miles by January 31, 2014. This offer seems to be targeted to those that purchased miles in 2013.
You can access US Airways web page for buying miles here, where you can check your eligibility for this offer.
The price of a mile under this 100% bonus 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 last month 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. The airline exits Star Alliance on March 30th and enters Oneworld as an affiliate on March 31, 2014. These mile will eventually turn to AAdvantage ones once the programs are merged.
Here are the terms and conditions of this offer:
Offer available for purchases made between January 14th 00:00:01 PT and January 31st 2014, 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. For Gift purchases, bonus will be awarded to the recipient. All miles purchased beyond this limit will not be eligible for a bonus. All transaction inquiries must be submitted to US Airways Dividend Miles within 90 days from end of promotion. 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. Please note that Dividend Miles accounts less than 12 days old are not permitted to Buy, Share or Gift miles. For Gift and Share transactions, the recipient account must also be 12 days old. All US Airways Dividend Miles terms and conditions apply. Visit usairways.com/dividendmiles for details.
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.