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Friday, November 22, 2024

Stand up to 100% bonus miles: Purchase Hawaiian Airways miles and switch to Alaska Airways Mileage Plan


Consideration, factors and miles lovers: Hawaiian Airways is at present providing as much as 100% bonus miles while you buy HawaiianMiles by Nov. 15. Although we do not typically advocate shopping for factors and miles, it might be price contemplating following Alaska Airways’ acquisition of the provider. Following the merger, loyalty program members can switch HawaiianMiles to Alaska Airways Mileage Plan.

However is buying miles actually a superb funding? Here is the whole lot you’ll want to know in regards to the sale and the right way to determine if shopping for miles is best for you.

Associated: Purchase bonus factors and miles with these promotions

Purchase as much as 100% HawaiianMiles with this promo and switch to Alaska Airways Mileage Plan

AARONP/BAUER-GRIFFIN/GC IMAGES/GETTY IMAGES

From now by Nov. 15, you should purchase HawaiianMiles with as much as a 100% bonus — successfully slicing the price per mile in half. Nonetheless, the low cost is determined by what number of miles you purchase, and it might range from one member to a different.

Listed below are the main points on the bonus miles deal I discovered in my private HawaiianMiles account:

  • If you are going to buy fewer than 3,000 miles, you will get the usual worth of two.54 cents per mile (this features a 1.6% tax restoration charge).
  • If you are going to buy not less than 3,000 miles, you will get an 80% bonus, decreasing the value to 1.41 cents every.
  • For those who purchase 10,000 miles or extra, you will get a formidable 100% bonus, dropping the value to 1.27 cents apiece.

You should buy miles in 1,000-mile increments. There is a restrict of 100,000 miles per transaction (earlier than the bonus) however no cap on the overall variety of miles you should buy per 12 months. Due to this fact, in idea, you would buy as many miles as you need in a number of transactions throughout this sale.

Word that HawaiianMiles transactions could take as much as 72 hours to course of.

This may occasionally not appear to be an amazing deal, contemplating that HawaiianMiles are price 1.2 cents every per TPG’s November 2024 valuations. Nonetheless, due to the current merger between Hawaiian Airways and Alaska Airways, now you can switch miles between the carriers’ loyalty packages at a 1:1 ratio.

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Since Alaska Airways Mileage Plan miles are valued at 1.4 cents apiece, in line with TPG’s November 2024 valuations, shopping for miles throughout Hawaiian’s sale and transferring them to Alaska may present strong financial savings. Alaska is a part of the Oneworld alliance, opening quite a lot of associate award alternatives, and it nonetheless makes use of an award chart, which can lead to some high-value redemptions.

Associated: Alaska Airways overhauls Mileage Plan with milestone perks, new status-earning choices and improve updates

Is it price it to purchase HawaiianMiles and switch to Alaska?

ZACH GRIFF/THE POINTS GUY

This sale undoubtedly makes shopping for HawaiianMiles a greater worth proposition than standard. Nonetheless, we typically advocate shopping for miles solely when you’ve gotten a selected redemption in thoughts. Stocking up on miles — even after they’re on sale — is not an amazing technique as a result of factors and miles might be devalued at any time.

That is very true within the case of Hawaiian and Alaska miles proper now. For the reason that merger, the airways have introduced plans to finally function beneath a single loyalty program. This might imply overhauling the present packages — and probably getting rid of Alaska’s useful award chart and switching to dynamic pricing. This might trigger any miles you’ve gotten stashed to be devalued out of the blue.

Nonetheless, in line with the airways’ statements, we cannot know extra about how the brand new mixed loyalty program will work till mid-2025. Which means you’ve gotten a number of months to make use of your Alaska and/or Hawaiian miles. For those who’ve been eyeing one in every of Alaska’s award chart candy spots, shopping for HawaiianMiles at a reduction and transferring them to Mileage Plan might be an effective way to get you nearer to that redemption.

As an example, you would e book a nonstop financial system ticket from New York to London on American Airways for journey in March 2025 for less than 22,500 Alaska miles plus $19 in taxes and costs.

ALASKA AIRLINES

However do not forget that HawaiianMiles are useful in their very own proper. For those who’re dreaming of a tropical getaway this winter, you’ll find nonstop award availability from Los Angeles to Honolulu in March for less than 40,000 miles and $6 in taxes and costs for a lie-flat first-class seat — and it might be price shopping for the miles you’ll want to get there.

HAWAIIAN AIRLINES

Associated: Lower your expenses: How one can e book flights to Hawaii utilizing factors and miles

Backside line

The Alaska Airways-Hawaiian Airways merger has created loads of uncertainty for loyalists of each packages as we head into 2025 — nevertheless it’s additionally created some useful alternatives. Some TPG staffers even determined to use for not one however two Hawaiian Airways bank cards with the hopes of utilizing the welcome bonuses towards Alaska redemptions. Additionally, take into account that you possibly can switch American Categorical Membership Rewards factors to HawaiianMiles and Bilt Factors to Alaska miles, each at a 1:1 ratio, supplying you with much more methods to earn miles with these packages.

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