Consideration, factors and miles lovers: Hawaiian Airways is at the moment providing as much as 100% bonus miles while you buy HawaiianMiles by way of Nov. 15. Although we do not usually advocate buying points and miles, it could be price contemplating following Alaska Airlines’ acquisition of the carrier. Following the merger, loyalty program members can transfer HawaiianMiles to Alaska Airlines Mileage Plan.
However is buying miles actually funding? Here is all the things you should know concerning the sale and how one can resolve if shopping for miles is best for you.
Associated: Buy bonus points and miles with these promotions
Purchase as much as 100% HawaiianMiles with this promo and switch to Alaska Airways Mileage Plan
From now by way of Nov. 15, you should buy HawaiianMiles with as much as a 100% bonus — successfully chopping the associated fee per mile in half. Nonetheless, the low cost is determined by what number of miles you purchase, and it could differ from one member to a different.
Listed below are the main points on the bonus miles deal I discovered in my private HawaiianMiles account:
- If you 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 price).
- If you buy no 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 have 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 12 months. Subsequently, in concept, you could possibly buy as many miles as you need in a number of transactions throughout this sale.
Word that HawaiianMiles transactions might take as much as 72 hours to course of.
This will not seem to be a terrific deal, contemplating that HawaiianMiles are price 1.2 cents every per TPG’s November 2024 valuations. Nonetheless, due to the current merger between Hawaiian Airways and Alaska Airways, now you can transfer miles between the carriers’ loyalty programs at a 1:1 ratio.
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Since Alaska Airlines Mileage Plan miles are valued at 1.4 cents apiece, based on TPG’s November 2024 valuations, shopping for miles throughout Hawaiian’s sale and transferring them to Alaska may present stable financial savings. Alaska is a part of the Oneworld alliance, opening a wide range of partner award opportunities, and it nonetheless makes use of an award chart, which may end up in some high-value redemptions.
Associated: Alaska Airlines overhauls Mileage Plan with milestone perks, new status-earning options and upgrade updates
Is it price it to purchase HawaiianMiles and switch to Alaska?
This sale positively makes shopping for HawaiianMiles a greater worth proposition than normal. Nonetheless, we typically advocate shopping for miles solely when you will have a particular redemption in thoughts. Stocking up on miles — even after they’re on sale — isn’t a great strategy as a result of factors and miles might be devalued at any time.
That is very true within the case of Hawaiian and Alaska miles proper now. Because the merger, the airways have introduced plans to ultimately function beneath a single loyalty program. This might imply overhauling the present packages — and probably removing Alaska’s useful award chart and switching to dynamic pricing. This might trigger any miles you will have stashed to be devalued abruptly.
Nonetheless, based on the airways’ statements, we can’t know extra about how the brand new mixed loyalty program will work till mid-2025. Which means you will have a number of months to make use of your Alaska and/or Hawaiian miles. Should you’ve been eyeing certainly one of Alaska’s award chart sweet spots, shopping for HawaiianMiles at a reduction and transferring them to Mileage Plan might be an effective way to get you nearer to that redemption.
As an example, you could possibly ebook a nonstop financial system ticket from New York to London on American Airways for journey in March 2025 for less than 22,500 Alaska miles plus $19 in taxes and charges.
However remember that HawaiianMiles are valuable in their very own proper. Should you’re dreaming of a tropical getaway this winter, you’ll find nonstop award availability from Los Angeles to Honolulu in March for less than 40,000 miles and $6 in taxes and charges for a lie-flat first-class seat — and it could be price shopping for the miles you should get there.
Associated: Save money: How you can book flights to Hawaii using points and miles
Backside line
The Alaska Airways-Hawaiian Airways merger has created lots of uncertainty for loyalists of each packages as we head into 2025 — however it’s additionally created some useful alternatives. Some TPG staffers even determined to use for not one however two Hawaiian Airlines credit cards with the hopes of utilizing the welcome bonuses towards Alaska redemptions. Additionally, understand that you may transfer American Express Membership Rewards points 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 packages.