All in all, using miles to redeem flights is usually the best way to fly first/business class at a fraction of the price. Besides generating miles through credit cards, you should also consider buying discounted miles from certain airlines during their promotion. Just like money currencies, the value of miles differ from one airline to another. Therefore, be it crediting miles or buying miles, you need to pick the right frequent flyer program if you are using your miles for flight redemption.
1. Quick Recap
If you did not read my previous post on the best credit cards for earning miles in Singapore, here is a quick outlook on the ways you can attain miles. All in all, to fly premium class at a fraction of the price, booking your flight using miles is usually the best way. The main focus on this post is about purchasing discounted miles from good frequent fly program (the second circle).
2. Before You Continue
Airline mile is like money currency. Especially if you are generating miles through credit cards, it is worth noting that different airlines miles come in different values.
Don't understand? Here is an example. Let's say if you have 40,000 citibank miles, which airlines frequent flyer program should you transfer your citibank miles to?
3. Why You Should Buy Discounted Miles During Airlines Promotion
When it comes to flight redemption, these are the frequent flyer program that I look up on:
1) Singapore Airlines Krisflyer Program
2) British Airways Executive Club (Avios)
3) American Airlines AAdvantage Progrom
4) Alaska Airlines Mileage Plan
5) Avianca Airlines Lifemiles Program
Out of all the selection, the last 3 frequent flyer program often have discounted miles promotions. At the point when I'm writing this post, Avianca Airlines Lifemiles Program is currently running a promotion until 31st May 2016. Using this promotion, I will show you why you should consider buying discounted miles during such promotions.
a. The details of Avianca Airlines Lifemiles Promotion:
From now to 31st May, Avianca Airlines is offering up to 125% bonus miles for the lifemiles you purchase during this period. If you take full advantage of this promotion, you will be receiving 337,500 lifemiles at US$4,950.
b. The use of lifemiles
What for buying so much lifemiles from Avianca Airlines? Let me show you an example. If you are looking for a return flight from Singapore to Tokyo on business class, this is a possible result you can get from Avianca Airlines Lifemiles Frequent Flyer Program.
Instead of doing the normal flight booking, you get to save a lot if you purchase lifemiles through this promotion and use it to redeem your flight. With Lifemiles, you get to fly with other Star Alliance airlines as well. Based on the search on these particular dates indicated below, you get to try Singapore Airlines, Eva Air and ANA business class for Singapore-Tokyo Narita return flight.
3. My Last Words
Hopefully the above example gives you a better understanding on why you should consider buying discounted miles on such promotion. Besides credit cards, this is another way where you can fly premium class at a fraction of the price. Nevertheless, you should note that it may be cheaper for you to attain miles through credit cards than purchasing discounted miles at such promotion. However, it often take a long time to attain sufficient miles through credit cards in order to redeem your dream flight.
If you have a better suggestion or feel that what I mentioned in this post is not right, please feel free to leave a comment below. I would love to read the comments and learn from you guys as well.
Disclaimer: Presentation slide template is taken from slidescarnival.com
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