7 Great Opportunities To Buy Points

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We frequently see loyalty programs sell points at a discount, and for many this is an opportunity to buy points at a cost that makes sense, especially for aspirational redemptions.

At the moment we’re seeing so many loyalty programs offering great deals on purchased points, and a few day ago I published a post with the programs that are currently selling miles at a discount.

Well, in the past few days we’ve seen even more programs offer bonuses on purchased miles, so I thought it made sense to update this post with what I consider the best offers to be:

In each of the above cases I linked to a post that talks about when it does and doesn’t make sense to buy points from those programs, so check that out. Don’t necessarily assume that a 100% bonus in one program is a better deal than a 50% bonus in another program, since different programs have different value propositions to begin with.

With the exception of buying Aegean Miles + Bonus and American AAdvantage miles, all the other points purchases are facilitated by points.com.

If buying through points.com, purchases wouldn’t count as an airline or hotel purchase for the purpose of your credit card. Therefore you’ll want to use a credit card on which you’re trying to reach minimum spend, and then use a card that maximizes your return on everyday, non-bonused spend, like The Blue Business℠ Plus Credit Card from American ExpressChase Freedom Unlimited®, etc.

In the case of Aegean Miles + Bonus and American AAdvantage, mileage purchases are processed directly, so would qualify as airfare. Therefore I’d recommend using one of the following cards:

CardPoints earned on airfare spend
The Platinum Card® from American Express5x Membership Rewards points per dollar spent
American Express® Gold Card3x Membership Rewards points per dollar spent
Chase Sapphire Reserve®3x Ultimate Rewards points per dollar spent
Chase Sapphire Preferred® Card2x Ultimate Rewards points per dollar spent

Are you taking advantage of any of the opportunities to buy points at the moment?

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Comments

  1. At 1.97 CPM, Alaska miles are maybe okay but not a great deal. This is especially true with their quirky award search engine and Partner Award Booking Fee, Taxes and other fees which can add up to $400+ per ticket.

  2. @Kalboz highlights the degradation of Alaska’s MP scheme. Rather than devalue their miles they are improving their bottom line through the back door with new fees and other increases. Once the #1 miles program, it has slipped off that perch to sit with the also-rans. With these extra costs, loss of partners (how careless!), no worthwhile new partners, some stratospheric redemption rates (Emirates), unknowledgable though generally well-meaning call centre people, Alaska MP is no longer my ‘go-to’ scheme for redemptions.

  3. It’s never a good idea to pay money to buy points unless you have good redemption opportunity within next 6 months.

  4. @Lucky,

    I was getting ready to whip up my new Amex Gold Card to buy LifeMiles so I can earn xtra points (and maybe take advantage of the $100 airline credit for 2018 calendar year) till I read this post. From previous purchases, I thought LifeMiles purchases are handled directly by Avianca, not anymore?

  5. Be very careful. I just purchased the Aviana miles (US$6,600 for 480k miles) only to find that there are basically no seats available to redeem on decent airlines. I’m from NZ and live in Dubai. I cannot find 1 available flight in business class on Singapore airlines…

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