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How Much Does It Cost To Buy Air Miles

Ever wonder how much your Air Miles are really worth? At Flightfox we want our customers to understand the value of these reward miles, so we're sharing our knowledge about Canada's popular Air Miles Reward Program.

how much does it cost to buy air miles

If you want to buy a $100 gift card (let's say a Best Western Travel Card) it will cost you 950 reward miles. If you take the retail value of the card ($100) and divide it by the number of Air Miles needed to redeem it (950) then you get the value of one Air Mile in Canadian dollars.

Unlike other reward and loyalty programs, Air Miles doesn't allow its members to fly business or first class. It's generally understood that using reward points or frequent flyer miles to upgrade an economy ticket to a premium seat is the most effective use of your loyalty rewards (like we explained in the Qantas article) but that option just isn't available for Air Miles members.

AA just launched a new offer that lets you purchase miles with up to a 35% discount for a limited time. This brings the cost down to as low as 2.45 cents per mile. If that seems steeper than usual, it's because the Fort Worth-based carrier significantly raised the normal cost to purchase miles earlier this year.

Alaska Miles can be purchased at a rate of 2.75 cents per mile, plus a 7.5% Federal Excise Tax. This means that if you buy 1,000 miles, it will cost you $27.50 plus approximately $2.06 in taxes.Do note that if you're a Canadian resident, you will be charged GST/HST and QST for Quebec residents.If you're short a few miles and you need to top off your account, it can be a good idea to buy Alaska Miles. Buying a small amount of miles will generally be the more favorable option since the cost to buy Alaska miles can be pricey.How Many Alaska Miles Can You Buy?Alaska Miles can be purchased in 1,000-mile increments and you purchase up to 100,000 Alaska Miles in a single transaction.You can buy or receive as a gift up to a total of 150,000 Alaska Miles per calendar year. Those with MVP, MVP Gold, and MVP Gold 75k elite status will have no annual purchase limit.Cost To Buy Alaska MilesBase Cost Per Mile2.75 CentsTaxes?GST/HST for Canadian Residents, QST for Quebec ResidentsMin Purchase Per Transaction1,000 MilesMax Purchase Per Transaction100,000 MilesMax Purchase Per Calendar Year150,000 Miles (this does not apply to Alaska elite status members)Purchase Increments1,000-mile increments Up To 60,000 Miles, 5,000-mile increments Up To 100,000 MilesRemember that purchases of miles are non-refundable and do not count towards MVP and MVP/Gold status.

Thinking about buying Alaska miles? Use our Buy Alaska Miles calculator to find out how much it will cost you to buy Alaska miles.How many Alaska miles do you plan on buying?MilesTotal cost$0 + taxBuy Alaska Milesif(typeof ez_ad_units!='undefined')ez_ad_units.push([[250,250],'thepointcalculator_com-large-leaderboard-2','ezslot_7',607,'0','0']);__ez_fad_position('div-gpt-ad-thepointcalculator_com-large-leaderboard-2-0');How To Buy Alaska MilesAlaska Mileage Plan Miles are easy to buy and only require a few steps. Regardless of whether there's a promotion going on, Alaska Miles are purchased through the same portal.Head to Alaska's Buy Miles Page.Sign into your Alaska Mileage Plan account.Select how many miles you want to buy.Enter your payment information.Review the purchase and agree to the Terms and Conditions.Click Pay Now.Miles will typically post to your account within a few minutes. I find the best method is to log out, wait a minute or two, and then log back into your account to see the updated balance.

The cost of buying airline miles depends upon several factors like the airline company, the number of miles you want to buy, and so on. On top of that, you need to pay a 7.5% federal tax when you buy miles. Delta Airlines charges you 3.5 cents per mile which means buying 2000 miles from the carrier will cost you $70 minus tax. United Airlines has a similar charge. For American Airlines miles, you might need to spend approximately $60 to purchase 2000 miles from the carrier. Mileage brokers like MilesBuyer offer miles at reasonable rates so that you can fly in style at a fraction of the cost.

It usually costs 3.5 US Cents per purchased mile when you buy United MileagePlus miles, apart from a 7.5% excise tax charged in the US. For those who received the 90% bonus offer, the tiering is as below:

Save your frequent flyer miles for high-value, international, first-class travel. "Personally, I wouldn't spend 25,000 miles on a domestic round-trip ticket that cost under $300," Hobica says. "You have to try to get as much dollar value per mile as possible." 041b061a72


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