Buying up frequent flyer points for discounted business and first class flights is a topic often covered by Australian Business Traveller, with jetsetters saving thousands of dollars over buying a regular ticket. But whether your plans include a short Asian jaunt or taking the longer ride to London, here’s what you should keep in mind when topping up your mileage account.
1. Never buy miles at full price
The best time to buy miles is naturally while they’re on sale – either with a cool percentage bonus atop the usual haul, or with a cash discount on what you’d ordinarily pay. Some loyalty schemes such as Avianca LifeMiles frequently run 2-for-1 deals, which is one of the main factors that makes the ‘buying miles’ concept so lucrative. Snapping up miles at full cost may let you snag a flight for less than the commercial ticket price, although the difference will likely be negligible and the hassle multiplied. The only exception to the rule is if you’re sitting on a hefty mileage balance but just need a small top-up in order to book your next frequent flyer award – in which case, the fewer miles purchased at full price, the better.