Buy Miles

Tag Archives for Buy Miles.

Buy miles via Amex Membership Rewards

In general I don’t recommend purchasing airline miles, even at a discount, but if you have an immediate need for miles for a high value award, it can make sense. If you have an Amex Membership Rewards card, you can buy miles indirectly at a cost of only 2.5 cents per mile (or less when transfer bonuses are in effect). The best airline programs for these indirect mileage purchases, in my opinion, are: …

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Buy miles via ThankYou Rewards

In general I don’t recommend purchasing airline miles, even at a discount, but if you have an immediate need for miles for a high value award, it can make sense. If you have a Citi Premier or Citi Prestige card and a few ThankYou points in your account, you can buy miles indirectly through the ThankYou Rewards program at a cost of only 2.5 cents per mile (or less when transfer bonuses are in effect). The best airline programs for these indirect mileage purchases, in my opinion, are: Air France, Cathay Pacific, Singapore, and Virgin Atlantic.

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Attempting to buy SPG points for 1.15 cents each

buy SPG points

In June I was looking for alternative ways to earn or cheaply buy SPG points, and so I browsed to SPG on Broadway.  This is a website that lets you use SPG points to purchase play tickets or earn SPG points when buying tickets.  I’ve written before about the former (see: Redeeming points for Broadway tickets. Amazing value possible with Delta, SPG.).  However, I’ve never played around with earning points this way.  It was time…

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The weird math of buying points

What’s better, buying points for .5 cents each or for .7 cents each?  Obviously .5 is better because it’s cheaper.  What if the points in question were Ultimate Rewards points?  Same answer, of course.  What if you could buy more points at .7 cents each than you could at .5 cents each?  Well, then things get interesting… This line of questioning is driven by the fact that its possible to earn 5 points per dollar…

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Buy United miles for 2.2 cents each and get a free 7 night hotel stay. Sort of.

Recently, United sent out emails inviting customers to earn 25% more miles when they convert hotel and car rental points into United miles.  Registration is required and bonus miles are capped at 20,000.  This offer is valid through November 30th 2013. Under most circumstances, transferring hotel points to United miles is a bad idea.  Most transfer ratios are poor and a 25% bonus isn’t enough to make up for that.  One exception is Marriott’s RewardsPlus…

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The true cost of reload points

If you use a point-earning credit card and pay $3.95 for a $500 reload card, what is your cost per point?  The answer may surprise you (it surprised me).  If you find a store that allows you to buy reload cards with a credit card (see “Reader reload research“), you can essentially buy points for less than a penny each.  Right?  The math is simple: cost = $3.95. points earned (with a 1X card) =…

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Tips for selling on Amazon

When shopping portals run big promotions, it sometimes pays to buy things just for the shopping portal points.  For example, early last year, the British Airways shopping portal briefly offered 36 points per dollar for first time users shopping at Nordstrom.  I qualified, so I bought over $4000 worth of headphones and GPS watches and I earned over 144,000 points.  The idea was to resell the merchandise in order to get most of my money…

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Buying points intentionally through credit card spend

Yesterday I detailed how people (usually unknowingly) buy points whenever they choose to earn points instead of saving money (see “Buying points, unwittingly“).  That post was focused primarily on the types of everyday buying decisions people make regardless of whether their primary goal is to earn points.  Often, though, people very deliberately go out of their way to get points even if it means spending extra money to do so.  A common approach to buying…

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Buying points, unwittingly

When you earn miles & points from credit cards, shopping portals, and the like, the points seem to be free, but they’re not.  In most cases, you could have chosen to earn or save cash instead.  By choosing points instead of cash, you are essentially buying points for the amount of cash not earned or saved.  Let’s look at some examples… Credit card sign up bonuses I recently signed up for a US Airways card…

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