Improved LifeMiles Sale: 1.375 Cents

4
350

LifeMiles has been offering a 125% bonus on purchased miles this month, and now it is offering a 140% bonus on purchased miles through September 27, 2016.

screen-shot-2016-09-23-at-5-15-08-am

LifeMiles cost 3.3 cents each, so with a 140% bonus, you get the miles for 1.375 cents each.

The cheapest I’ve ever seen LifeMiles was 1.32 cents each.

The Steps to Purchase LifeMiles for 1.375 Cents

This deal is a bit more complicated than previous sales because it requires pre-registration. Then you have to wait 24 hours to purchase miles. You should get an email telling you when you can purchase miles.

You must register by Monday (9/26) and purchase by Tuesday (9/27.)

When to Buy (Math)

Here are the prices for each number of miles (including bonus) that you can purchase.

screen-shot-2016-09-23-at-5-15-08-am

  • 4,300 to 107,500 miles for 1.53 cents each
  • 117,300 to 230,000 miles for 1.43 cents each
  • 242,400 to 360,000 miles for 1.375 cents each

I value LifeMiles at 1.5 cents per mile at the moment. Buying them for 1.375 or 1.43 cents per mile is not enough of an inducement for me because I don’t have an immediate use for them, and miles get devalued all the time. I don’t want to shell out $1,700+ on such an uncertain investment.

Many people should have a similar view of this sale and buy zero miles. As with most mile sales, the main way it make sense to buy miles at these prices is if you have an immediate high value use for them.

Possible Immediate High Value Uses

There are a ton of deals on the LifeMiles award chart, which allows one way redemptions with no fuel surcharges on all 27 Star Alliance partners, so an immediate high value use is very possible.

Do not just use the award chart, though. Make sure you can book what you want to book on lifemiles.com. You can do an award search with zero miles in your account. The reason for this extra step is that if you can’t book your award online, LifeMiles call centers are nearly useless.

My stock example of a possible good deal during this buy miles sale is to buy miles to book a Business Class award to Europe.

Europe in Business Class

The United States to Europe is 63,000 LifeMiles each way in Business Class. The Star Alliance has great award space.

You could buy 64,500 miles (30,000 + bonus) for $990. That would get you a one way in Business Class for about $1,000 total after taxes.

See How to Consistently Buy Business Class Tickets to Europe for about $1,000 and Anatomy of an Award: Using LifeMiles to Buy Business Class Ticket Between Europe and USA for $1,040 for full details on these awards.

There are similar deals all over the world and in all cabins through this sale, too many to list here. Investigate where you want to go on the award chart and then make sure you can book the award you want. If the math works out, buy LifeMiles.

Buy LifeMiles with These Credit Cards

LifeMiles purchases are processed directly by Avianca. That’s great news!

It means you buy them with Chase Sapphire Reserve, and its $300 Travel Credit will refund the first $300 of the purchase price. Plus the spending will count toward the minimum spending requirement that unlocks the present 100,000 point bonus.

It means you can buy them with your Citi Prestige® Card, and its $250 Air Travel Credit will refund you the first $250 of the purchase price of the miles (plus you’ll earn 4x ThankYou Points on the first $250 of the miles purchase.)

It means you can purchase LifeMiles with your Barclaycard Arrival Plus™ World Elite MasterCard®, then use your Arrival miles for an offsetting statement credit.

Bottom Line

You can buy up to 360,000 Avianca LifeMiles for 1.375 cents each. That’s too high to buy speculatively, but there are a lot of immediate awards you can book where that price offers great value.

The LifeMiles sales are now processed by Avianca itself, so you can get category bonuses on cards that bonus airline or travel purchases like the Chase Sapphire Reserve which offers 3x on travel purchases and a $300 travel credit or the Citi Prestige® Card which offers 3x on purchases from airlines and a $250 Air Travel Credit.


Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

The comments section below is not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all questions are answered.

If you liked this post, sign up to receive one free daily email every morning with all of the day’s posts! You can also follow MileValue on Twitter and Facebook.

4 COMMENTS

  1. I agree. Don’t buy even at this low price unless you have a specific use for them. Unfortunately buying $2100 of points for a return business class ticket is barely less then the sale fares we have been seeing to Europe in business class this year.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.