Here is an interesting opportunity for those of you who are in the market for PremierMiles, and are based in India. While I haven’t written about it, LifeMiles has been offering a promotion with buy 1, get 1.2 miles free for those of you who are based outside of Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, Ecuador, or the United States. This promotion is valid till May 29, 2015 for accounts opened before May 4, 2015.
The details of the promotion are on www.lifemiles.com. In essence, with this promotion, you get LifeMiles at 1.5 US Cents per mile.
But here is the double dip opportunity. Yesterday, I wrote about the Citibank PremierMiles promotion where you get 25000 bonus PremierMiles on international spend. LifeMiles are processed as airline spending by the airline, and since the purchase is made in US Dollars, you have an opportunity on hand to get bonus PremierMiles with your LifeMiles account.
So, if you decided to purchase Lifemiles worth approximately 960 USD, i.e., about 29000 Lifemiles, you could end up with 63800 LifeMiles, as well as 25000 bonus PremierMiles = INR 11250 in travel cash or 12500 bonus JP Miles. You will also earn regular 6250 Premiermiles. So, the total worth of your money is:
- Money Spent = USD 960/INR 62500
- Lifemiles: +63800
- PremierMiles: +31250 PM (INR 14062 travel cash or 15625 airmiles)
In case you are planning to take on this opportunity, you have only till May 29, 2015 to jump on it.
Do let me know in case you take part in this fabulous double dip opportunity. I personally don’t have a PremierMiles CC anymore, but I will for sure buy some Life Miles in this promotion.