- Buy 10,000-19,000 miles, get a 20% bonus
- Buy 20,000-39,000 miles, get a 35% bonus
- Buy 40,000-60,000 miles, get a 50% bonus
With the 20% bonus that’s 2.29 cents per mile. With the 35% bonus that’s 2.037 cents per mile and with the 50% bonus it’s 1.83 cents per mile. Ben of One Mile At A Time values Alaska miles at 1.6 cents each while Brian, The Points Guy, values them at 2 cents apiece. That could make it worth your while to buy points, especially if you already have a use for them in mind.
What if you don’t live anywhere near Alaska? Not to worry, they have lots of partner airlines, despite not being part of a global alliance. Domestically they team with both Delta and American. Internationally you can use Alaska miles on AeroMexico, Air France, British Airways, Cathay Pacific, Emirates, Fiji Airways, Hainan Airlines, Icelandair, KLM, Korean Air, LAN and Qantas.
Note that purchases are processed by Points.com and as such do not count as airline spend for your credit cards. There is also a 7.5% Federal Excise Tax and GST/HST for Canadian residents.
So if you want to be like Jennifer Anniston and fly the first class with the bling and take a shower on board, you can use Alaska miles on Emirates to do just that!