Today’s Daily Getaway promotion (Day 17) is offering the opportunity to purchase Wyndham Rewards points at a discount. This promotion is one that I was eagerly waiting for this year, but unfortunately they really upped the price for purchasing points and is not nearly as good/valuable as it’s been the past few years. You can purchase points at the following rate:
14,000 Wyndham Rewards® points
- Cost: $84 ($75.60 with Amex card)
- Availability: 500
- Deal: 14,000 points (can purchase 2 sets of points per loyalty number)
32,000 Wyndham Rewards® points
- Cost: $192 ($172.80 with Amex card)
- Availability: 450
- Deal: 32,000 points (can purchase 1 set of points per loyalty number)
40,000 Wyndham Rewards® points
- Cost: $240 ($216 with Amex card)
- Availability: 440
- Deal: 40,000 points (can purchase 1 set of points per loyalty number)
60,000 Wyndham Rewards® points
- Cost: $360 ($324 with Amex card)
- Availability: 100
- Deal: 60,000 points (can purchase 1 set of points per loyalty number)
75,000 Wyndham Rewards® points
- Cost: $450 ($405 with Amex card)
- Availability: 200
- Deal: 75,000 points (can purchase 1 set of points per loyalty number)
This means you are purchasing points at 0.54 cents each. Last year it cost on average about 0.3 cents a point – so clearly much much much better of a deal. There are definitely some hotels where this will be a great purchase to redeem for a “free” night, but like always I would not purchase out of speculation. Do the math out to see if purchasing points for a redemption opportunity will in fact be less than paying for the hotel’s nightly rate. Also, make sure there is availability for when you are looking to travel. Wyndham rewards expire 4 years from the date they are deposited and you also must keep your account active every 18 months – from personal experience, they are strict about this.
Out of all of the hotel chains, Wyndham actually has one of the better rates when transferring to airline miles (aside from Starwood that is). The past two years I was able to purchase this deal with the sole purpose of transferring my points to airline miles. Unfortunately, with the increased price of the Daily Getaway package, this transfer will not be as valuable. Here are the transfer rates for a few airline partners:
- Southwest: 8,000 Wyndham points = 2,400 Southwest points
- American, Delta, US Airways, United: 8,000 Wyndham points = 3,200 miles; 17,500 Wyndham points = 7,000 miles; 30,000 Wyndham points = 12,000 miles
For Southwest, let’s say you purchase the 40,000 point package for $216, this will give you 12,000 Southwest points. 12,000 Southwest points is worth a flat $200 towards a “Wanna Get Away” fare. Clearly, unlike last year purchasing points will not be a money maker for Southwest flights. The only reason this would be beneficial is if you are trying to earn a Southwest companion for this year or looking to stash away points to transfer for next calendar year.
For American, Delta, US Airways, and United, the 40,000 points will equal 16,000 points in the respective airline. This is like buying points for 1.35 cents each. This is a pretty good rate to purchase points if you are looking to top off an award ticket – you probably will not be able to purchase enough packages to redeem for an award ticket from scratch. For comparison sake, when US Airways runs their “100% bonus on purchased miles” promotion, you are purchasing points at 1.75 cents each, which is not as good as this promotion.
This deal will go on sale at 1pm EST TODAY Tuesday July 2nd. Availability is limited and these packages will probably go extremely quickly – although maybe not as quick as the past two years. I’d suggest getting to your computer a few minutes prior to the packages going on sale and continuously refreshing your browser. Also remember, like all other Daily Getaway promotions, you’ll receive 10% off the purchase price if you use any American Express credit card.
Editorial Note: Opinions, analyses, reviews or suggestions expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.