TAP Miles&Go launched an interesting offer to buy miles with several multiples last week that ends today (April 6, 2020).
Miles&Go members can buy miles with up to quadruple bonus that is further doubled, meaning that members that buy 20,000 miles for $870 (overpriced) will end up with 160,000 (roughly half of a US cent each – very reasonable).
You can access TAP’s page for buying miles here.
Here’s the bonus for buying miles through April (access here):
Additional bonus for all miles credited to the account (access here):
You can get a 100% bonus that is available for if buying miles. The other 20% bonus is only available for those who sign up for Club TAP (don’t).
Miles&Go spells out here that the 100% bonus applies to miles that have been purchased under quadruple bonus offer.
Price of the largest lot:
Reward search Stockholm – Rio de Janeiro:
Buying TAP Miles&Go miles is not for the faint-hearted under the current pandemic climate. The Portuguese government owns half of the airline, 45% belongs to consortia lead by David Neeleman (JetBlue, Azul, WestJet & Morris Air founder), and the rest to employees.
The airline has grounded its entire fleet and flights except few per week to the Portuguese islands.
TAP has been strong connecting various cities in Brazil and elsewhere in Latin America with Europe through its hub in Lisbon. It remains to be seen how this approach will work under a deep recession.
I tried to do some searches for routes operated by its Star Alliance partners but couldn’t find any availability. Not sure if Miles&Go has disabled all partner redemptions?
Bit tempting to buy these but will likely take a pass.
Here are the terms and conditions of the miles purchase:
- Values of 2,000 and 4,000 miles are not covered by this promotion, so if you purchase these amounts no promotional miles value will be credited to your TAP Miles&Go account;
- The value of miles purchased will be credited double to your TAP Miles&Go account when you purchase amounts from 6,000 to 10,000 miles (example: Purchase 6,000 miles and receive another 6,000 miles);
- The value of miles purchased will be credited three-fold to your TAP Miles&Go account when you purchase amounts from 12,000 to 16,000 miles (example: Purchase 14,000 miles and receive another 28,000 miles);
- The value of miles purchased will be credited four-fold to your TAP Miles&Go account when you purchase amounts from 18,000 to 20,000 miles (example: Purchase 20,000 miles and receive another 60,000 miles);
- Maximum annual limit for miles purchases during this campaign is 125,000 miles in order to receive 500,000 miles.