It’s a new month, and once again US Airways is doing another 100% bonus, this time on shared miles. This promotion is a bit more rare than other promotions they have done previously, where there is a 100% bonus on bought miles – This is because by sharing miles it is possible for them to be generated for 1.13 USD cents per mile (including the 7.5% tax and $30 transaction fee), as opposed to the standard 100% bonus promotions which are about 1.88 USD cents (2.4 NZD cents) per mile.
As with all Dividend Miles promotions, an account has to be open for at least 12 days. There is no disadvantage to having an account open with US Airways (eg. no fees charged for inactivity like Air New Zealand Airpoints) – But by having an account already open, it makes it easy to take advantage of offers such as this when they come about.
As this promotion ends on the 15 October (US time), you really need to sign up for any Dividend Miles account/s today in order to take advantage of this promotion. It may be possible that the promotion may be extended, but this will only be apparent closer to the time.
This particular promotion works best if you happen to have miles already in your account, say if for example, you bought miles on the 100% bonus the other month.
So lets say you had 90,000 miles in your account (such as if you were planning a trip to Asia in Business) – You could then ‘double up’ those miles at a discounted rate by transferring 45,000 miles to someone – They would receive your 45,000 miles + a 45,000 mile bonus, a total of 90,000 miles. The cost for the transfer is $513.75 USD, which is about $620 NZD at current rates (3 Oct 2013).
You could then do the exact same thing again by transferring your remaining 45,000 miles to another account, which would also then receive 45,000 + 45,000 miles (90,000 miles total for approx. $620 NZD).
The sharing restriction of 50,000 miles is on the receiving account only, so a receiving account can only receive up to 50,000 bonus miles, however if you for example, had an account A of 200,000 and chose to share the maximum 50,000 miles to four other people (B, C, D, E), that is a valid transaction and would result in the first account A having 0 miles and accounts B, C, D and E with 100,000 miles each.
The beauty of this promotion is that ‘daisy chaining’ of miles is perfectly acceptable. The best example is if say, you have no Dividend Miles accounts at the moment, so no miles, but want to buy some business class tickets for you and a friend or partner to Asia (90,000 miles).
Luckily, you have 3 parents that are happy and fine with you setting up some Dividend Miles accounts in their name. You could then set up 5 Dividend Miles accounts up (keep in mind one person is allowed to only have one account):
- Parent A
- Parent B
- Parent C
- Traveller A
- Traveller B
You could then purchase 23,000 miles at full price for Parent A. This would cost $865.38 USD = Approx $1,040 NZD (including taxes and fees).
They could then share 23,000 miles with Parent B, who would then receive 46,000 miles in their account in total (23,000 + 23,000 bonus). This would cost $277.25 USD/$335 NZD.
Parent B could then share 45,000 miles with Parent C, who would then receive 90,000 miles in total (45,000 + 45,000 bonus). This would cost $513.75 USD/$620 NZD. Note Parent B would be left with 1,000 miles in their account.
Parent C could then share 45,000 miles with Traveller A, who would then receive 90,000 miles in total (45,000 + 45,000 bonus). This would cost $513.75 USD/$620 NZD.
Parent C could then share 45,000 miles with Traveller B, who would then receive 90,000 miles in total (45,000 + 45,000 bonus). This would cost $513.75 USD/$620 NZD.
This would result in Traveller A and Traveller B both ending up with 90,000 miles in their accounts for their holiday, with 1,000 miles leftover in Parent C’s account.
The total cost would then be about $1,620 NZD per person flying from anywhere in New Zealand to effectively anywhere in Asia return with a stopover (optional) in Business Class, which as you will agree, is incredible value.
There are a lot of creative things you can do with this offer, and it purely comes down to how many accounts you have and what you want to do with them.
As far as promotions for US Airways go, done right, this is as good as it gets, so if you are interested I would advise setting up an account ASAP – Unfortunately the promotion time is very short, but as I said it could be possible that it may get extended.
For those interested in my step-by-step tutorial on booking cheap business class flights using US Airways miles, you’ll find it here.