Turn your Alaska Airlines wallet credit into miles
For a limited time, Mileage Plan members can convert $100 into 10,000 miles

Alaska Airlines is offering a new incentive to its Mileage Plan members who have wallet balances. Members will be able to convert their wallet credit into miles for future travel – a $100 wallet credit converts into 10,000 miles.
“With award travel starting at 5,000 miles one-way on Alaska and the ability to book award trips to more than 800 destinations with our 16 Global Partners – as well as the addition of the One World alliance in 2021 – this is a great way to start planning for future trips,” said Sangita Woerner, senior vice president of marketing and guest experience at Alaska.

  • Current promo: up to a 60% bonus
  • Purchase rate: As low as 1.72 cents per mile
  • TPG valuation: 1.8 cents per mile
  • Ending date: October 31

TPG values Alaska miles at 1.8 cents apiece, so this can be a good deal if you use the miles for a high-end partner award like Cathay Pacific or Japan Airlines first class. For example, you can book a Cathay Pacific business class flight from the U.S. to Asia for 50,000 miles with minimal taxes and fees.

The airline says: “Our Mileage Plan miles do not expire as long as members remain active, so when guests feel it is safe to return to travel, we will be there to welcome them on their long-awaited vacations.”