The lifemiles program has rolled out a brand new promotion to generate miles — reasonably than providing an outright bonus on bought miles, lifemiles is providing a bonus while you switch miles to a different member.
Whereas this system used to have provides like this on a regular basis again within the day, they’re rarer these days, and that is solely the second time one among promotions has been supplied this yr (and this one is healthier than the earlier one).
Switch lifemiles and get a 125% bonus
Via Sunday, November 10, 2024, lifemiles is providing a 125% bonus while you switch lifemiles to a different member.
To be clear, this bonus is simply legitimate when transferring miles between lifemiles accounts. This doesn’t apply when transferring versatile factors to lifemiles, for instance. That is solely helpful when you’ve got an present lifemiles mileage steadiness, since you may’t switch miles you don’t have.
The lifemiles program fees 1.5 cents per transferred mile, and you’ll switch as much as 150,000 miles per yr (earlier than the 125% bonus). Nevertheless, there’s a most of transferring 125,000 miles per transaction. So you can switch 125,000 miles at a value of $1,875, and then you definately’d obtain a complete of 281,500 miles within the account you switch to.
That’s like with the ability to generate miles for 1.2 cents every (because you’re producing 156,250 miles for $1,875), whereas with the ability to consolidate miles right into a single account.
Incomes miles for 1.2 cents is a stable worth, and is in step with the associated fee at which lifemiles ordinarily sells miles, when there’s a bonus. So this might be price it each as a approach to purchase factors, and likewise to consolidate factors between accounts.
Is producing lifemiles at this value price it?
For context, avianca is within the Star Alliance, which suggests you may redeem lifemiles on all Star Alliance airways with none gasoline surcharges. Actually that is the core worth proposition of shopping for lifemiles, since it is a nice approach to e book Star Alliance premium cabin seats at an enormous low cost. Try my information on the way to redeem lifemiles for concepts on the way to redeem these miles.
With a particular use in thoughts, this lifemiles promotion is usually a nice worth, whether or not you’re taking a look at touring top notch on All Nippon Airways or Lufthansa, or are taking a look at touring in enterprise class on a numerous variety of airways.
Everybody has to crunch the numbers for themselves and determine whether or not this is sensible or not.
Do be aware that in some circumstances lifemiles doesn’t have entry to the identical award availability as Star Alliance companions, for higher or worse. Generally lifemiles doesn’t have entry to accomplice awards that different applications do have entry to, and different instances the inverse is true.
That’s why I all the time advocate performing some “dummy” award searches earlier than producing miles, so you will get a way of how award availability strains up together with your wants.
Backside line
The lifemiles program has simply introduced again a promotion that lets you switch miles to a different member with a bonus. In the mean time you may obtain a 125% bonus when transferring miles. With the ability to generate lifemiles for 1.2 cents every (probably even much less after factoring in bank card rewards) is a stable worth.
Do you intend on transferring lifemiles with a 125% bonus?
