Fly Business Class to Istanbul From $975 Each With This 100% Bonus on Gifting Turkish Miles & Smiles Miles

Pointify is tracking this devaluation for the points-and-miles community.

Turkish Airlines Miles & Smiles just launched a new offer. Valid until August 7, 2026, Miles & Smiles members can gift miles to another member and receive a bonus equal to the number of miles they gift. This promotion can drop the price per mile down to as low as 1.5¢ each. But in light of devaluations, does a promotion like this still make sense? Let's dive into the details of this promotion and see a few times you can grab a sweet redemption at a lower price than the cash rate.