Editor’s Note: This is a recurring article, regularly updated with new information.
Loyalty programs are a huge source of revenue for airlines and hotel companies, in part because they generate so many revenue streams. One such source of income is selling airline miles and hotel points at a discount or with a bonus.
Selling points or miles gives the seller an immediate cash injection, as travelers are essentially paying in advance for future travel at a potential discount.
This points and miles sales roundup walks you through some of the best deals right now on airline miles and hotel points, some of which can be targeted. But first, let’s talk when it makes sense to buy points and miles.
Should I buy points and miles now?
There are a few things to consider before taking advantage of these sales.
First, buying points and miles only makes sense for some travelers. It’s usually a much better deal to earn points and miles “for free” through welcome bonuses on best credit cards with travel rewards. However, buying points and miles during good promotions can make sense for those who have exploited their credit card options and can get high value from their rewards.
That said, we recommend buying points or miles only if you have an immediate use in mind. Otherwise you are left open to unexpected devaluations.
With that out of the way, here are nine promotions for buying points and miles.
Promotions for the purchase of air miles
Air Canada Aeroplan
Air Canada Aeroplan allows members to select up to 85% bonus points when purchasing Aeroplan points through April 29. Remember that Aeroplan processes point purchases in Canadian dollars, so use a card no foreign transaction fees and perform a currency conversion to determine your cost in US dollars.
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Air France Flying Blue
Flying Blue offers very reasonable prices in both economy and business class, making it a choice to consider if you want to get to Europe cheaply.
Alaska Airlines Mileage Plan
- Current promotion: Up to 50% bonus.
- Purchase price: As low as 1.97 cents per mile with a 50% bonus.
- TPG valuation: 1.8 cents per mile.
- End date: May 21.
- Link to buy miles.
Targeted members can purchase Alaska Miles with a bonus based on the number of miles they purchase. In our test, we were targeted for a 50% bonus, which we’ve included here, but your rates may be higher or lower. Note that Alaska charges approximately 8% tax recovery fees when you purchase miles, which are included in the above totals.
American Airlines Advantage
- Current promotion: Up to 35% off.
- Purchase price: As low as 2.45 cents per mile.
- TPG valuation: 1.77 cents per mile.
- End date: Unknown.
- Link to buy miles.
American Airlines Advantage offers up to 35% off miles. You’ll get the highest discount when you buy 150,000 miles, which drops the price to 2.45 cents per mile. That’s significantly higher than TPG’s US mileage valuation, but it could still be a bargain for specific high-end rewards.
JetBlue True Blue offers a bonus that varies depending on the number of points purchased and the offer you received. Our offer was up to 50% bonus, which is reflected in the numbers above.
Southwest Quick Rewards
Southwest Quick Rewards offers a discount when you buy points until May 19. With this offer, you can receive a 50% bonus as long as you purchase at least 3,000 points in a single transaction.
- Current promotion: Up to 50% off or 100% bonus.
- Purchase price: As low as 1.89 cents per mile.
- TPG valuation: 1.21 cents per mile.
- End date: April 28.
- Link to buy miles.
United MileageMore offers a bonus and discount when you buy miles by April 28. You will unlock a 30% bonus when you buy at least 5,000 miles, a 65% bonus on at least 15,000 miles and a 100% bonus when you buy at least 40,000 miles. miles. The purchase rate is significantly higher than TPG’s United miles valuation, but if you’re redeeming for a high-value award seat, the math can still work in your favor in specific cases.
Promotions for the purchase of hotel points
It’s entirely possible to come out on top when buying Hilton Points for half a penny each, especially if you can find standard availability at a resort such as the Conrad Bora Bora or another high-priced destination. Here are more details about it Hilton Shopping Points Promotion.
The world of Hyatt
The world of Hyatt is a favorite of the TPG team for having the most valuable hotel points. When you buy at least 5,000 points until June 2, you unlock a 25% discount.
Last year we saw a more intriguing promotion from Hyatt that allowed members to purchase points for only 1.68 cents each. Still, this promotion might be worth it since Hyatt is waiving resort fees on reward stays.
What credit card should I use to buy miles?
Most of these promotions are processed through Points.com rather than directly by the hotel or airline. Unfortunately, this means that you generally won’t get bonus rewards with a travel category bonus card.
Instead, go for a card that offers a solid return on non-bonus spending. Remember that you could incur foreign transaction fees on certain cards when purchasing points or miles from a program abroad. As such, you can use any of the following cards:
If you are aiming for a credit card spending requirement, using this card may be the way to go. For additional suggestions, see our guide to best cards for daily spending.
The main exception to this rule is American Airlines. The airline would code mileage purchases like airline tickets, so you can use a credit card that allows you to earn bonus miles on airline tickets for the highest yields when buy AAdvantage miles.
Additional reporting by Caroline Tanner, Clint Henderson, Andrew Kunesh, Benji Stawski, Summer Hull and Katie Genter.