Avianca, a bankrupt Colombian airline based in Panama, has launched a new sale to buy LifeMiles with a bonus.
LifeMiles members can buy up to 200,000 miles yearly (before bonus)) and the bonus under this sale is 150%. You must purchase by June 26, 2020.
You can access this offer on the LifeMiles website here.
The price of a LifeMiles under this offer is 1.32 cents each.
Avianca is in bankruptcy:
This is the lowest price that Avianca LifeMiles has sold its miles throughout the year. These miles can come handy for premium cabin redemptions and are the cheapest Star Alliance miles that one can buy.
I would not, however, buy any LifeMiles right now, as Avianca has filed for bankruptcy protection. It is unclear when and how the airline will come through the reorganization and if they find someone to put up more capital.
Here are the terms and conditions of this offer:
This promotion is exclusive for LifeMiles members that have received this email directly from LifeMiles.
This promotion applies for miles purchases made between June 23rd and June 26th, 2020 (between 00.00-23.59 GMT -6, El Salvador).
The bonus percentage applies as follows: for purchases from 1,000 – 200,000 LifeMiles receive 2×1+ 50% additional miles.
The bonuses are calculated based on the miles purchased per individual transaction without taking into account the 2×1 bonus.
The miles must be purchased in multiples of 1,000.
The minimum miles to purchase per transaction is 1,000 LifeMiles.
The maximum miles to purchase per transaction during this promotion is 200,000 LifeMiles. Additionally, the maximum miles that a member can receive during the promotion, including applicable bonuses is 510,000 miles, minus the miles that the member has previously purchased in 2020 and their respective bonuses. The purchase transaction cannot be made if the amount of miles to purchase and the corresponding bonus, including all miles purchased in 2020, including the bonuses, exceed the 510,000 miles limit, unless the amount of miles to receive without applying the promotional bonus is less or equal to 510,000 miles, in which case, the transaction will be processed but no bonus will be granted, giving such warning to the member.
The maximum amount of miles to receive by a member through the purchase of miles per calendar year outside of this promotion is 200,000 LifeMiles including any bonus miles received. If the member surpasses the limit, through purchases made during this promotion and other purchases in 2020, taking into account the bonuses received for those purchases, he or she will not be able to purchase any more miles outside of promotional periods until the next calendar year.
Each package of 1,000 LifeMiles is USD $33.00 without applicable taxes and USD $40.26* including applicable taxes according to country of the mailing address registered in the LifeMiles database
The purchase of miles is not reversible or refundable, except in countries where this right is granted by applicable law, such as the right to retraction in Colombia, in the cases where it applies. The purchase of miles is an immediate execution contract. Once the payment is made, the miles will be accrued immediately on the members account. As of that moment, the miles can be used according to the terms and conditions of the LifeMiles Program. Miles are not endorsable. Miles purchase is available through Avianca’s Call Centers, LifeMiles.com and Avianca Information Centers. For residents of Venezuela, it is only available through LifeMiles.com. Only form of payment through Avianca’s Call Center and LifeMiles.com: credit card or international debit card. Cash payments are only allowed at Avianca’s Information Centers. The receipt of the transaction will reflect the total number of miles accrued to the member´s account, including the bonus miles and the total charge for the transaction.
The miles purchased and earned with this promotion do not apply to achieve or maintain the Elite status.
Does not apply to the Flexible Redemption (LifeMiles + Money) during the payment process of air ticket redemption. Miles purchased, once accrued, can be redeemed in accordance with the conditions specified in the LifeMiles Program Terms and Conditions and the portfolio of products and services available for redemption.
Redemption tables establish the minimum amount of miles required for the redemption of air tickets in the lowest class for each cabin and only for the “Economy on Sale” product. The amount of miles required could vary depending on the date, route and redemption product. To know the exact amount of miles required for each origin and destination and in other redemption products and/or classes, you must check the miles through the redemption process at lifemiles.com. LifeMiles does not guarantee availability on the dates, routes and/flights desired.