Aegean’s Miles + Bonus program has some excellent Star Alliance redemption options, and recently started allowing online award bookings (although you need to have sufficient miles in your account before doing a search).
The program has historically sold miles at a 40% or 50% bonus, but from now till 24 November, you can get an amazing 100% bonus when buying miles.
The promotion page does not state a timezone, so I’m going to assume it’s Athens. If so, this means you have until 6 am SGT on 25 November 2018 to make your purchase.
The catch, if you want to call it that, is if you haven’t credited a flight to Aegean in the past 12 months, you’re limited to purchasing a maximum of 30,000 miles, pre-bonus. You can see that’s the case for me, as the screenshot below shows:
However, buying 60,000 miles for 750 Euro is still the equivalent of paying 1.96 SG cents per mile, which is fantastic value.
Here’s Aegean’s Miles + Bonus award chart for Star Alliance awards, with the round-trip prices reflected. You can fly a one-way for 50% the cost of a round-trip:
Singapore to Japan or South Korea in Business Class for S$460 one-way
Miles + Bonus only requires 42,000 miles for a round-trip award within the Far East, which includes not just Singapore, but countries as far away as Japan, South Korea and China.
If you buy miles at at a 100% bonus, you’ll be able to redeem a one-way Business Class ticket between Singapore and Tokyo (or Seoul, or Osaka, or any other of SQ’s Japan destinations) for the equivalent of ~S$460 (21,000 miles + S$47 taxes).
A few important caveats to note about this: as a partner program, Miles + Bonus will not have full access to SQ premium cabin space on selected aircraft. I recently learned that even the new regional business class on the 787-10 aircraft is being blocked from partner programs. So you can forget about buying Miles + Bonus miles and redeeming for Suites, or any premium cabin products on flights flown by SQ’s B77W, B787-10, A350, or A380.
That said, you’re still able to book ANA Business Class awards to Japan, or take connecting flights. You’re also able to book any SQ premium cabin awards on flights operated by A330s, B777-200s and B777-300s.
At a 100% bonus, this sale even gives the Alaska Mileage Plan trick a run for the money. Assuming you buy Mileage Plan miles at a 50% bonus, or 1.97 US cents each, you’re paying ~S$760 for a round trip flight (plus the cost in terms of time and money of positioning yourself on the outbound or return leg).
Other important points to note about M+B:
Aegean does pass on fuel surcharges where they exist, but for flights to Japan and South Korea they’re relatively minor.
Redeem for anyone
You can use your Miles + Bonus miles to book an award flight for anyone, there is no redemption system like there is for KrisFlyer.
Using the M+B search engine
As another reminder, you will not be able to use the M+B search engine unless you have sufficient miles for the route in question. So, for example, I would need 21,000 miles to look for Business Class space on SIN-NRT. You can always use other methods to search for Star Alliance award space, and what is seen by other programs should be what M+B members can see too.
Expiry of M+B
Your M+B miles will remain valid so long as there is one redemption or accrual activity in your account once every 24 months.
Cancellation and changes
You pay only 20 Euros for any changes or cancellations. These must be done at least 30 minutes before departure.
M+B allows you to pool miles with up to 5 friends. You’ll be able to see this option when you log into your M+B account. You need to be at least a Silver member to pool miles (Thanks Lionel).
What card should I use to buy?
Aegean processes Miles + Bonus transactions directly in Euros, so your options are:
- BOC Elite Miles World Mastercard- 5.0 mpd, uncapped
- UOB Visa Signature- 4.0 mpd, min S$1K max S$2K foreign currency spending per statement period
- DBS Woman’s World Card- 4.0 mpd, max S$2K per month
- DBS Altitude AMEX/Visa- 3.0 mpd, max S$5K per month
- Standard Chartered Visa Infinite– 3.0 mpd, min S$2K total spending per statement period
Be sure to check out our Black Friday deals page to see if there are any bank spending promotions you can take advantage of too.
I don’t normally recommend buying miles speculatively, but a 100% bonus is going to give me some serious things to think about. There are some other sweet spots in Miles + Bonus for flying point to point outside of Singapore, which you can read about here and here.
We’re going to be covering Aegean Miles + Bonus in more detail during Saturday morning’s Alternative Frequent Flyer workshop. Come and learn how to get the maximum value out of this sale!