Alaska Miles Value Calculator: How Much Are Miles Worth?

Frequent Flyer Miles
Alaska Miles have an average value of about 1.5 cents each which means that 10,000 miles are roughly worth $150 towards air travel.
Last Updated 2022-07-09 By R.Flowers III

Alaska Miles will have the best value when redeemed towards award flights with Alaska Airlines, oneworld partners, and other airline partners. Miles can also be redeemed for hotels, magazine subscriptions, and be donated to non-profits.

How much are Alaska miles worth?

The Point Calculator values Alaska Miles at 1.5 cent each when used towards award flights with Alaska and their airline partners. Miles can also be used for hotel bookings and magazine subscriptions.

Alaska miles value

Redemption option Redemption value in cents
Redeeming miles for award flights 1.5
Redeeming miles for hotel stays 0.8

Redeeming Alaska miles for flights

Alaska's miles are worth around 1.5 cents each when redeemed for airfare. This is easily the best use of Alaska Miles.

Alaska gives you the ability to pay with all miles or use the Money & Miles option. You can also upgrade your seat to first class using miles. You can check out Alaska's Award Chart for a full list of flight redemptions.

Alaska Award Chart
Use the Alaska Airlines Award Chart to find great deals to destinations worldwide.

In addition to redeeming Alaska Airlines miles on award flights with Alaska Airlines, miles can also be used for award travel on several other airlines.

Listed below are those airline as well as where award travel with each airline can take you. You can click on an airline (where applicable) to learn more about their frequent flyer program.

Airline Partner Destinations
Aer LingusEurope
American AirlinesWorldwide
British AirwaysEurope, Africa, Middle East & India
Cathay PacificContinental U.S., Canada, Asia, Africa, Middle East & India, Australia, New Zealand
CondorAfrica, Europe, Middle East
EmiratesAsia, Europe, Africa, Middle East & India
FijiAustralia, New Zealand, South Pacific, Caribbean
FinnairEurope, Middle East, India / South Asia, Asia
HainanAsia
IcelandairIceland
Japan AirlinesAsia
Korean AirAsia, Middle East, India, Australia, New Zealand, South Pacific
LATAMSouth America
PenAirIntra-Alaska, Continental U.S.
QantasAustralia, New Zealand
Ravn AlaskaInstra-Alaska
Singapore Airlines Asia

Using Alaska miles to book hotel stays

Alaska Miles can also be used to reserve hotels through the Alaska Airlines Hotels portal which is powered by Rocketmiles. Redeeming Alaska Miles for hotels will drastically reduces the value to about 0.8 cents per mile.

The portal shows you the different options you have when redeeming.

When redeeming for hotels, 10,000 miles will get you about $80 off a hotel reservation. That same 10,000 Mileage Plan miles could be worth $150 to $200+ in airfare which is about double the value when compared to hotel redemptions.

Using Alaska miles for magazines

Alaska Miles can be redeemed for magazines using the MagsforMiles site. This option allows you to get several issues of a magazine for a set amount of Alaska miles. The value of these redemptions will range and usually be fairly high since magazines do not cost that much.

Transfer Alaska miles to other members

Alaska Miles can be transferred to other Alaska Mileage Plan members. Transferring Alaska Miles will cost you $10 per 1,000 miles which is not "bad" but it's the $25 processing fee per transaction that makes it costly.

This means a transfer of 1,000 miles will cost you $10 plus a $25 fee for a total of $35. You can buy 1,000 Alaska Miles for $29.56 at the standard rate so you'll want to make sure that you transfer at least 2,000 miles to make it "worth" it.

Why would you transfer miles?

Transferring miles is the cheaper option over buying and gifting miles. If you know another Mileage Plan member willing to part with some (or all) of their hard earned Alaska Miles or you want to transfer your miles to another member, this is a decent path to take.

To make this worth it, you will need to transfer at least 2,000 miles. Buying or gifting 2,000 miles would cost $59.13 whereas transferring 2,000 miles would only cost you $45. Do not transfer 1,000 miles as it will cost you more than buying or gifting 1,000 miles.

buy 1000 alaska miles
Buying/Gifting 1,000 miles is cheaper than transferring 1,000 miles.

How to transfer Alaska miles to other members

In order to be eligible to transfer Alaska Miles, you'll need to have at least 1,000 miles in your Mileage Plan account. You will need to know the Alaska Mileage Plan account number and name of the person you're transferring the miles to.

  1. Head to Alaska's Share/Transfer Miles page.
  2. Log into your Alaska Mileage Plan account.
  3. Enter how many miles you want to transfer and the info of the person you're buying them for.
  4. Enter your payment information.
  5. Review the details and agree to the Terms and Conditions.
  6. Click Pay Now.

If you don't plan on redeeming your Alaska Miles and you don't want to pay the cost to share/transfer them, you can donate them to over 10 different programs.

donate alaska miles
Alaska Miles can be donated to support important causes.

How to donate Alaska miles

Donating miles to any of the above originations can be done in very few steps. Do note that you'll need at least 1,000 miles in your Mileage Plan account in order to donate.

  1. Head to Alaska's Donate Miles page.
  2. Select the organization you wish to donate to.
  3. Enter how many miles you want to donate.
  4. Click Send.

Miles will be deducted from your account and sent to the organization you selected.

Convert Alaska miles to dollars

Use the Alaska Miles Value Calculator to determine the average cash value of your Alaska Miles. This will help give you an idea of how much your miles are worth.

Enter any amount of Alaska Miles to calculate the dollar value.
Miles
Redemption Estimated Value
Award Flights $0
Hotels $0
Calculate Total Rewards & Card Value Per $1 Spent For 200+ U.S. Credit Cards
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