lakersgo

It seems like airlines are running many promotions to encourage (future) air travel. The latest of which is a 500 AAdvantage miles bonus on flights from 07/01 to 12/31 (booked before 05/18). There are a myriad of promotion from other airlines too.

Curious if you are buying into any of these promotion at this time? And if so, which one and why?

skywalkerLAX

Are you referring to buying miles or revenue tickets?

WilcoRoger

It may make sense, just depends on the risk premium you receive from the seller (airline, hotel). If in normal times you'd value 1mile=1penny, these days the rate should be considerably better, because you are giving real money in exchange for points, valid only as long as the issuer is around. Also historical inflation of miles/points are higher than that of hard currency.

Also, you can nearly always get a seat on the flight you want for money, but there is no such surety for miles/points. And you can use the money for buying anything you want whereas you can spend the miles at the issuer only.

united 1k flyer

only the aeroplan promotion. It was a exception though.

ankomonkey

I've bought some Wyndham points for the first time ever - they had a 40% bonus. I plan to use them at a 7.5k/night hotel that typically sells for over 150euro/night, and using points means they're refundable for free, so less of a risk with Covid restrictions being unpredictable right now.