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Since September 6, LifeMiles has been offering OMAAT readers an additional 15% bonus on purchased miles, though registration is required. This promotion was supposed to expire yesterday, but has been extended by a couple of days, and there’s an added surprise (which I’ll discuss at the end of the post).
Now you need to register for the bonus by today (Wednesday, September 19, 2018), and then the deadline to buy miles is tomorrow (September 20, 2018). You need to wait 24 hours between the time you register and when you buy the miles.
You have to wait 24 hours from the time you register until you buy miles through the offer to get the better bonus. You should see the extra 15% reflected on the purchase page once you’re eligible.
This is an opportunity to buy LifeMiles for as little as 1.375 cents each, which I consider to be a fantastic value. Also keep in mind that purchases with LifeMiles qualify as airfare purchases, so you’ll want to use a credit card that earns bonus points on airfare, like one of the following:
|Card||Points earned on airfare spend|
|The Platinum Card® from American Express||5x Membership Rewards points per dollar spent|
|American Express® Gold Card||3x Membership Rewards points per dollar spent|
|Chase Sapphire Reserve®||3x Ultimate Rewards points per dollar spent|
|Citi ThankYou® Premier Card||3x ThankYou points per dollar spent|
|Chase Sapphire Preferred® Card||2x Ultimate Rewards points per dollar spent|
For example, if using The Platinum Card® from American Express you’d earn 5x points per dollar spent. I value those points at 1.7 cents each, so to me that’s like a further 8.5% return. If you want to look at it differently, that lowers the cost to 1.26 cents per mile if you subtract the value of the Membership Rewards points you earn.
There’s another pleasant surprise when it comes to buying LifeMiles. Ordinarily LifeMiles has a limit of being able to purchase 200,000 miles per account per year pre-bonus.
For the remainder of the promotion they’ve lifted that limit, so you can purchase an unlimited number of LifeMiles through tomorrow. You’re still limited to 200,000 miles per account per transaction, but you can make as many transactions as you’d like. This isn’t a permanent change, but rather only temporary.