The buy, share, and gift miles page of US Airways Dividend Miles has the following up, one day early:
Buy or gift miles November 1 – 30, 2012 and get a 100% bonus – up to 50,000 miles. Buying miles is the quick and easy way to get award travel. And for the perfect holiday present, gift miles to a friend of family member to help them reach award travel.
As with most of the 100% bonus offers that US Airways runs, you can buy up to 50,000 miles and receive a 50,000 mile bonus. 100,000 miles costs $1881.25 all-in.
Accounts must be open at least 12 days in order to buy miles, so even if you don’t have a Dividend Miles account you could still open one and be able to buy miles under this promotion.
However, I wouldn’t buy miles speculatively. Three years ago you could take advantage of this offer and have enough miles for a business class ticket to Europe for about a third less cost. That was worth buying just to buy.
Now I’d either want to just top off an account towards an award, or at least have a specific award in mind that I knew was available and that I’d be willing to pay $1881 for.
Not nearly as lucrative as October’s 100% bonus on shared miles that allowed the purchase of miles for 1.135 cents apiece, but better than not having a topoff option at all.
Just curious–why wouldn’t you buy these speculatively? 100K is enough for a transatlantic business class. And even during sales that’s usually going to be more than $1800. And during non-sales it could be three or four times that. Isn’t this always a good deal? Or are you expecting radical devaluation of USAirways miles? My own sense is that they may become more valuable in AA merger, and even absent that 100K miles that can be used on Star Alliance carriers is easily worth 1800, even if you aren’t sure when or where they will get used.
I thought that us air had a limit per year that you could buy? I’m guessing that I’m wrong.
I wouldnt buy them unless you were about to book something. Not that cheap a deal so the cash outlay seems too high to speculate, IMO.
US Airways may increase award chart pricing. I wouldnt spend almost two cents a point without a specific purpose
No limit per year just per bonus
@John: You’re always at the mercy of business class award availability. Further, if you already have a huge stockpile of US miles (or perhaps UA miles), you might have a lower marginal value for additional miles.