Update: Alaska Mileage Plan has rolled out a no-notice devaluation of awards on Japan Airlines, removing all the ‘sweet spots’ when redeeming with that airline. Don’t buy Alaska Miles with a JAL redemption in mind. Read our article here for all the details.
Alaska Airlines is back with one of its regular ‘buy miles’ promotions this month, offering a flash deal over the next few days with up to 50% bonus miles, which at the top end allows you to purchase at 1.97 US cents per mile.
This is one of the top offers when buying Alaska miles, though there are occasional 60% bonus deals for some members, like the recent January 2023 one.
With most travel options now back on the agenda, and improving all the time, this deal therefore has the potential to unlock some great value redemptions over the coming year.
The latest offer runs from now until 20th March 2023, for our readers based in Asia.
Alaska’s March 2023 miles bonus offer
All our readers seem to have access to the 50% bonus during this offer, though the threshold at which the highest rate kicks in is structured specifically for your account, so log on to check how many you’ll need to buy in order to access the top bonus – not everyone receives the same offer.
Pro Tip: Never buy Alaska miles at full price, unless you need a small top-up quickly to achieve a specific redemption, or to urgently keep your existing balance alive if it is about to expire. These miles are almost always available on offer (there are typically 8 purchase bonus offers per year!).
My account was targeted as follows, with the 50% bonus applicable for purchases of 20,000 miles or more:

Miles purchased | Bonus | Cost per mile |
1,000 – 2,000 | None | 2.96 US ¢ |
3,000 – 19,000 | 30% | 2.27 US ¢ |
10,000 – 19,000 | 40% | 2.11 US ¢ |
20,000 – 100,000 | 50% | 1.97 US ¢ |
Eddie’s account, which usually gets better deals than mine, only hits a 50% bonus rate this time round with a larger purchase of at least 30,000 miles:

Miles purchased | Bonus | Cost per mile |
1,000 – 2,000 | None | 2.96 US ¢ |
3,000 – 19,000 | 30% | 2.27 US ¢ |
10,000 – 29,000 | 40% | 2.11 US ¢ |
30,000 – 100,000 | 50% | 1.97 US ¢ |
If you are not an elite member, your account may only be credited up to a maximum total of 150,000 miles (acquired through buying miles) in a calendar year, whether purchased by you or gifted to you.
Bonus miles don’t count towards the annual crediting limit, so a 100,000 miles purchase during this promotion (which means 150,000 miles credited), will still leave you with a further 50,000 miles purchase opportunity, either during this promotion or later in 2023.
Remember even though the purchase limit is 100,000 miles per transaction (pre-bonus), you can make multiple purchase transactions during the offer if you wish.
MVP, MVP Gold , MVP Gold 75K and MVP Gold 100K Mileage Plan member accounts have no annual limit on the number of miles which may be purchased or gifted.
Click here to buy Alaska Miles
Deadline: 20th March 2023
The offer closes at 11.59pm Pacific Time on Sunday 19th March 2023, which is 3.59pm on Monday 20th March 2023 Singapore time.
Alaska is strict about the offer deadline, so it will completely disappear at the end time – we’ve tested it to the minute in the past.
We would therefore recommend making your purchase before approximately 2pm on 20th March in Singapore if you’re interested, just in case you have any issues or the payment doesn’t go through first time.
Why buy Alaska miles?
We recently breathed a sigh of relief when Alaska confirmed that any imminent devaluation was off the cards, and so with travel opportunities are back we once again recommend buying Alaska miles at anything from 50% bonus rates or more, for excellent value First and Business Class award tickets with airlines like Cathay Pacific and Japan Airlines.
That’s because even if you don’t earn Alaska miles through other means (e.g. Kaligo hotel bookings, or crediting miles from paid flight bookings to the programme), the effective ‘fares’ you are paying for these redemptions are highly competitive, even having only acquired your miles in one of these sales.
In many cases, taxes are low with no fuel surcharges levied and Alaska allows free stopovers for no additional miles on most itineraries.
Here are some examples, with the effective cost shown based on buying all the miles you need for the booking (but excluding taxes and fees, though these are usually low).
Japan Airlines
Update: Alaska Mileage Plan has rolled out a no-notice devaluation of awards on Japan Airlines, removing all the ‘sweet spots’ when redeeming with that airline. Don’t buy Alaska Miles with a JAL redemption in mind. Read our article here for all the details.
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Effective cost buying at bonus levels (US$): | ||
40% | 50% | ||
Singapore to New York First Class* |
75,000 miles |
$1,584 | $1,478 |
Singapore to New York Business Class |
65,000 miles |
$1,373 | $1,281 |
Singapore to Tokyo Business Class |
25,000 miles |
$528 | $493 |
* Business Class Singapore to Tokyo, First Class Tokyo to New York
Singapore to the USA in JAL First Class for 75,000 Alaska miles is one of the standout redemptions in the programme.
This itinerary would cost you just US$1,478 if you bought Alaska miles at a 50% bonus rate, though to be fair no one will be complaining much about spending US$1,584 for the experience at the lower 40% bonus level.
Even a Business Class redemption on JAL to the USA comes in at a very decent one-way ‘cost’ of US$1,281 with the 50% bonus.

You can search and book JAL award tickets using Alaska miles wholly online, including availability view month-by-month, no fuel surcharges are added so the taxes are low, and you can have a free stopover in Tokyo on these itineraries for no additional miles (just US$22 in additional taxes).
Cathay Pacific
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Effective cost buying at bonus levels (US$): | ||
40% | 50% | ||
Singapore to Los Angeles First Class* |
70,000 miles |
$1,478 | $1,379 |
Singapore to Los Angeles Business Class |
50,000 miles |
$1,056 | $985 |
Sydney to New York First Class* |
80,000 miles |
$1,689 | $1,576 |
Sydney to New York Business Class |
60,000 miles |
$1,267 | $1,182 |
Hong Kong to Auckland Business Class |
30,000 miles |
$633 | $591 |
Hong Kong to London Business Class |
42,500 miles |
$897 | $837 |
Singapore to Tokyo Business Class |
22,500 miles |
$475 | $443 |
* Business Class to Hong Kong, then First Class to the USA
There are some great value ways to use Alaska miles on Cathay Pacific, including Singapore to the USA in Business Class for US$985 (if you buy at the 50% bonus rate).
Even Singapore to Tokyo or Seoul for example drops to US$443 in Business Class at a 50% bonus.

Cathay Pacific awards using Alaska miles are now searchable and bookable online, so there’s no longer any need to call to secure them, like there was before.
Qantas
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Effective cost buying at bonus levels (US$): | ||
40% | 50% | ||
Sydney to Dallas First Class |
70,000 miles |
$1,478 | $1,379 |
Sydney to Dallas Business Class |
55,000 miles |
$1,161 | $1,084 |
Perth to Sydney Business Class |
20,000 miles |
$422 | $394 |
If you’re based in Australia, or just visiting on holiday, using Alaska miles for coast-to-coast domestic flights in Business Class on Qantas, like Perth to Sydney or Perth to Melbourne at 20,000 miles each way, is great value.
That’s equivalent to just US$394 when buying miles with a 50% bonus.
Pick an Airbus A330 (see our recent review here) or Boeing 787 for the newest flat-bed seats, with these flights taking upwards of five hours.

It’s also worth checking out Australia to or from USA award pricing.

Qantas A380 First Class on the 15-hour non-stop from Los Angeles to Sydney comes in at around US$1,380 when buying miles at a 50% bonus.

Korean Air
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Effective cost buying at bonus levels (US$): | ||
40% | 50% | ||
Singapore to Chicago (return) Business Class |
120,000 miles (return) |
$2,534 | $2,364 |
Korean Air awards using Alaska Miles must be booked as a round-trip, however for 120,000 miles you can fly from Singapore to the USA and back in Business Class for US$2,364 when purchasing miles at the 50% bonus rate (equivalent to S$1,182 each way).

Finnair
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Effective cost buying at bonus levels (US$): | ||
40% | 50% | ||
Singapore to Helsinki Business Class |
60,000 miles |
$1,266 | $1,182 |
A decent but not incredible deal is Business Class with Finnair from Asia to Europe for 60,000 Alaska Miles, or about US$1,200 at the 50% bonus rate.

This also allows you to experience the carrier’s latest AirLounge Business Class product from Singapore, Bangkok, Hong Kong and Tokyo, and even avoid a hefty fuel surcharge on the Tokyo – Helsinki route.

Singapore Airlines
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Effective cost buying at bonus levels (US$): | ||
40% | 50% | ||
Singapore to Auckland Business Class |
65,000 miles |
$1,373 | $1,281 |
Tokyo to Los Angeles Business Class |
80,000 miles |
$1,689 | $1,576 |
There aren’t really any great value ways to use Alaska miles on Singapore Airlines, since the intra-Asia stopover ‘tricks’ were shut down in October 2019.
Singapore to Auckland (or Australian cities like Melbourne and Sydney) at 65,000 miles can make sense, even though KrisFlyer charges only 68,500 miles for the same itinerary, since Alaska gets better award space on SIA flights.
Perhaps the only other decent value option is a Business Class ticket on one of the airline’s fifth freedom routes between Tokyo and Los Angeles, usually 103,500 KrisFlyer miles but available for 80,000 Alaska miles or the equivalent of US$1,576 with a 50% purchase bonus.
It’s not an incredible deal but personally we would probably rather buy the Alaska miles for this one and save the 103,500 KrisFlyer miles for a better value redemption, assuming we needed to fly this city pair in isolation.
Change and cancellation is free
Alaska Mileage Plan abolished its US$125 change and cancellation (miles redeposit) fee on award tickets in 2020, but instead partner awards now have a US$12.50 booking fee per one-way trip (US$25 for a round-trip), which is not refundable if you cancel.
That means you won’t be significantly out of pocket if you lock in a redemption that you then can’t use.
Alaska Miles don’t expire
Alaska Mileage Plan miles don’t expire, provided you have some earning or redemption activity within the last 24 months.
Buying miles, like in this sale, counts as earning activity.
Alaska promises 90 days’ notice of any devaluation
Following an unannounced devaluation of Emirates awards in 2016, and the backlash that ensued, Alaska Airlines has since promised to give us 90 days notice of any change to existing partner award rates.
“We will strive to give at least 90 days’ notice if changes are coming to any current partner awards”
Alaska Airlines
The 90 day promise should allow you three months to redeem at existing rates, even if the pricing for a particular partner (e.g. Cathay Pacific) does get hiked in future.

That would mean the ability to continue to make the current (good value) redemption bookings for flights close to a year in advance, softening the blow of any potential future devaluation, even if you buy miles that you don’t immediately use.
However, our recommendation is always to have a redemption in mind before buying.
Which card to use
If you are going to buy in this promotion, and assuming like most of our readers you are based in Singapore, you’ll want to achieve the maximum number of credit card miles for the purchase itself when buying Alaska Miles.
The transaction itself happens in US dollars (i.e. non-SGD) and is processed by points.com.

You can earn the most extra miles for the purchase transaction by using one of the following Singapore issued credit cards if you can:
Card | Miles per S$1 | Notes |
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4.0 | 4 mpd on all online spend per statement month, capped at S$1,000 per card. |
![]() (see our review) |
4.0* | 4 mpd on all online spend in a calendar month, capped at S$2,000. |
![]() (see our review) |
4.0 | 4 mpd on all overseas spend of at least S$1,000 in a statement period, capped at S$2,000 spend. |
![]() (see our review) |
3.0 | 3 mpd on all non-SGD spend, provided total card spend (any currency) is S$2,000+ in the same statement month. |
![]() (see our review) |
2.4 | All non-SGD spend. |
![]() (see our review) |
2.2 | All non-SGD spend. |
![]() (see our review) |
2.0 | All non-SGD spend. |
![]() (see our review) |
2.0 | All non-SGD spend. |
* Note: Our readers have reported that using the DBS WWMC card via points.com does not automatically award the higher 4 mpd earn rate. You must usually appeal and claim the bonus miles later.
Summary
With COVID-19 travel restrictions largely behind us, and Alaska Mileage Plan retaining its competitive award pricing for a range of partner airlines, there’s once again value in buying Alaska miles for a relatively wide range of Business Class and First Class award seats to, from and within the Asia-Pacific region.
However, as we’ve always said, you should not buy Alaska miles speculatively. Have a plan to use them, preferably in the near future, before you take the plunge. Changes in both partner redemption relationships and valuations can occur, though 90 days’ advance notice is promised.

It’s also worth noting that if you have been offered a lower bonus level, the programme may have a higher bonus level on offer for you next time round (and there’s never long to wait for the next Alaska Miles sale!).
If you’re in this boat and you don’t need the miles urgently, we would recommend waiting for a more generous promotion to come up for your account.
Click here to buy Alaska Miles
Links on Mainly Miles may pay us an affiliate commission.
(Cover Photo: Alaska Air)
The challenge with these sweet spot awards is always availability. The vast majority of us can’t fly at the drop of a hat, so when we need to hit certain days (even within a range) it can be challenging to find award space.
I’d say don’t buy Alaska miles unless you have identified specific award space that you want to book.
Availability is close to non-existent on the routes you suggested
hi Andrew, JAL prices has increased it seems. i cant find ol prices. i only saw 25k for main, 35k for prem econ/coach mix, and 50k for J.. sad
No-notice devaluation of Alaska miles has happened – this article needs updating urgently!