Consideration, factors and miles fanatics: Hawaiian Airways is at present providing as much as 100% bonus miles once you buy HawaiianMiles via Nov. 15. Although we do not typically suggest shopping for factors and miles, it could 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 great funding? Here is all the things you might want to know concerning 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
From now via Nov. 15, you should purchase HawaiianMiles with as much as a 100% bonus — successfully slicing the price per mile in half. Nevertheless, the low cost will depend on what number of miles you purchase, and it could differ from one member to a different.
Listed here are the small print 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 payment).
- 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.
- Should you purchase 10,000 miles or extra, you will get a formidable 100% bonus, dropping the value to 1.27 cents apiece.
You need to 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 full variety of miles you should purchase per yr. Subsequently, in idea, you can 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 will likely not seem to be a terrific deal, contemplating that HawaiianMiles are price 1.2 cents every per TPG’s November 2024 valuations. Nevertheless, due to the latest merger between Hawaiian Airways and Alaska Airways, now you can switch miles between the carriers’ loyalty applications at a 1:1 ratio.
Every day Publication
Reward your inbox with the TPG Every day e-newsletter
Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants
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 a wide range of companion 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?
This sale undoubtedly makes shopping for HawaiianMiles a greater worth proposition than regular. Nevertheless, we typically suggest shopping for miles solely when you’ve a selected redemption in thoughts. Stocking up on miles — even after they’re on sale — is not a terrific technique as a result of factors and miles will 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 applications — and probably getting rid of Alaska’s beneficial award chart and switching to dynamic pricing. This might trigger any miles you’ve stashed to be devalued all of a sudden.
Nevertheless, in line with the airways’ statements, we can’t know extra about how the brand new mixed loyalty program will work till mid-2025. Which means you’ve a number of months to make use of your Alaska and/or Hawaiian miles. Should you’ve been eyeing one among Alaska’s award chart candy spots, shopping for HawaiianMiles at a reduction and transferring them to Mileage Plan might be a good way to get you nearer to that redemption.
For example, you can e book a nonstop financial system ticket from New York to London on American Airways for journey in March 2025 for under 22,500 Alaska miles plus $19 in taxes and costs.
However remember that HawaiianMiles are beneficial in their very own proper. Should you’re dreaming of a tropical getaway this winter, yow will discover nonstop award availability from Los Angeles to Honolulu in March for under 40,000 miles and $6 in taxes and costs for a lie-flat first-class seat — and it could be price shopping for the miles you might want to get there.
Associated: Get monetary savings: How one can e book flights to Hawaii utilizing factors and miles
Backside line
The Alaska Airways-Hawaiian Airways merger has created lots of uncertainty for loyalists of each applications as we head into 2025 — however it’s additionally created some beneficial 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, remember the fact that you possibly can switch American Specific Membership Rewards factors to HawaiianMiles and Bilt Factors to Alaska miles, each at a 1:1 ratio, providing you with much more methods to earn miles with these applications.