1. Up to 30% Bonus For Buying Hyatt Points
The number of bonus miles depends on the number of miles purchased:
- Buy 1,000 to 9,000 points for a 10% bonus
- Buy 10,000 to 29,000 points for a 20% bonus
- Buy 30,000 to 40,000 points for a 30% bonus
The best value is to purchase at least 30,000 miles at a 30% bonus, so you pay 1.85 cents per point.
For example, it costs 22,000 points for a redemption in a top-tier Hyatt hotel which would cost $407 (22,000 points X 1.85 cents) if you buy Hyatt points at a discount. Some top tier Hyatt hotels sell for less than $407 a night, while some sell for more than $407 a night, so do the math to see if this makes sense for you!
I wouldn’t buy points unless I had a destination in mind, and needed to top off my account for an award.
Just because something is on sale doesn’t mean it is a good deal!
2. US Airways 50% Bonus on Shared Miles
50% Bonus on Shared US Airways MilesThis is handy if you are topping off your US Airways account, and have a friend or family member to transfer miles to you.
If you share 50,000 miles with your partner, your partner will receive 75,000 miles or an extra 25,000 miles. You will pay $538, so you’re effectively buying 25,000 miles for $538 or 2.15 cents per mile ($538/25,000 miles).
I’ve written before that a great use of US Airways Dividend miles is to use 90,000 miles to fly in Business Class from the US to Asia, with a stopover in Europe or the Middle East. You can redeem US Air miles for travel on any of the Star Alliance member airlines.
The terms & conditions say that your US Airways account must be open for at least 12 days before purchasing miles. Also, there is a maximum of 50,000 miles earned through this offer (50,000 shared, with a bonus of 25,000 miles).
US Air miles will eventually become American Airlines miles after the merger with American Airlines is complete, so this could be a way to stock up on American Airlines miles as well.
3. 20% Bonus For Transfering American Express Membership Rewards Points to Hawaiian Airlines Miles
Via One Mile at a Time, American Express is offering a 20% bonus on Membership Rewards points transferred to Hawaiian Airlines miles, up to June 27, 2013.
As One Mile at a Time One points out, one of the better uses with Hawaiian miles is redeeming them for award travel on Virgin Atlantic because they do not charge fuel surcharges.
Of course, another good use is award travel to Hawaii. Coach awards start at 40,000 miles and First Class awards start at 80,000 miles for a round-trip.
With the current 20% Hawaiian Airlines bonus, these awards would cost only 34,000 and 68,000 American Express Membership Rewards points, respectively.
But make sure to check if you could find award seats or pay less by using other airlines’ miles or points.