GOL Smiles appears to be on a mission to raise some cash, coming out with a 24 hour promotion to receive a massive 300% bonus on transferring miles between accounts (today only).
The email about this promotion has reached my email account quite late (it’s already Friday evening here in Asia) but there are a few hours left if one of our readers wants to take advantage of the promotion.
I’m writing about GOL Smiles every now and then because their miles are still quite easy to acquire for those with an active account and Brazilian CPF tax registration number (required to maintain the account).
GOL Smiles are attractive for redemptions on Korean Air and Qatar Airways, especially in Business Class.
You have to sign into your Smiles account and then click on Transferar Smiles in order to initiate this transfer.
I currently have 69,000 GOL Smiles left in my account and just did a test run for the transfer promotion:
3,000 BRL for the 150,000 miles bonus (plus the original 50k already in one account which I will ignore as you already “own” the miles) are currently US$550 so this is very good considering I can still book a one way flight from Seoul to Frankfurt on Korean Air Business Class for 80,000 Smiles total (plus $20 tax).
I personally didn’t transfer any Smiles to my family members account at the time of this article, still thinking about it. These options on Korean Air and Qatar have been really good for me in the past few years especially on the routes to/from Seoul to both Europe and North America.
Availability with Smiles can sometimes be spotty and there is no way to reconcile it with other programs so I urge caution when putting large amounts of Smiles in stock without immediate use for them. You can always substitute GOL Smiles through the cash and points function during the booking process at similar rates as in this promotion (I was offered 16,000 Smiles plus US$525 supplement instead of the 80,000 total). Taking advantage of this promo would save me ~ US$150.
These are the Terms & Conditions for this promotion:
Promotion valid between 9 am on May 28, 2020 (Brasília time) and 12 noon (Brasília time) on May 29, 2020 (“Term”). The Participant when transferring Smiles Miles between Smiles Account will receive 300% (three hundred percent) of Bonus Smiles Miles (“Bonus Miles”) on the total Smiles Miles transferred to another Smiles account, observing the transfer limit of its category. During the Effective Period, the Smiles, Silver and Gold Participant may transfer and / or receive up to 80,000 (eighty thousand) Smiles Miles. The Diamond Category Participant may transfer and / or receive up to 160,000 (one hundred and sixty thousand) Smiles Miles only to / from a Smiles Diamond account. The minimum transfer is 100 (one hundred) Smiles Miles. FAMILY ACCOUNT ADMINISTRATIVE PARTICIPANT WILL NOT BE ELIGIBLE TO THIS PROMOTION WHEN TRANSFERING MILES TO SMILES ACCOUNT OF A PARTICIPANT LINKED TO YOUR FAMILY ACCOUNT. A fixed amount of R $ 0.06 (six cents) will be charged per Smiles Mile transferred. The total amount will be informed to the Participant at the time of requesting the transfer. The Participant can make the payment related to the transfer of Smiles Miles up to 10 (ten) times without interest on the credit card. Only installments with a minimum value of R $ 5.00 (five reais) will be accepted. Payment must be made with a credit card issued in Brazil. The transferred Smiles Miles will be made available in the respective Smiles accounts within 72 (seventy-two) hours after the payment authorization, either in cash or in installments. The transferred Smiles Miles will be valid for 12 (twelve) months, from the moment they are made available in the Participant’s Smiles account. Bonus Miles will be valid for 06 (six) months. This Promotion is not cumulative with other promotions that are in force or that will be launched. To participate in the Promotion, see the full regulation at xxxxxx. When participating in the Promotion there will be automatic acceptance of all terms and conditions. Images are for illustration purposes only.