Many Purchasing Points Bonus Opportunities

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Throughout the year, many loyalty programs offer promotions to earn bonus points when purchasing points or miles from their program. While I typically do not suggest purchasing points speculatively, there are many opportunities where purchasing points could actually save you money on an upcoming flight or hotel! Currently, there are many purchasing points opportunities going on at the same time, so I wanted to make sure you are aware of these promotions.

Starwood Preferred Guest Points

SPG Cardholders can purchase points at a 35% discount. This is one of the highest discounts I’ve ever seen for purchasing their points, but the main downfall is that you can only take advantage if you are an SPG credit card holder. You can purchase up to 30,000 points and you’ll see the 35% discount on the right-hand side in the purchase points screen after you select the number of points you want to purchase. Since only eligible SPG accounts qualify, you’ll need to first enter your account number to see the discount.

  • Worth it? If you go all in, it will cost you $682.50. For example, there are many category 2 hotels out there that cost at least $100/night + tax. With this promotion, if the hotel is available for cash + points, this is like purchasing a night for only $80.50. And if you happen to be staying on a weekend you can use all points and it is like paying $68.25/night. Of course there are many other hotels where purchasing points will save you a ton of money, so make sure to do the math on an upcoming stay to see if purchasing points will benefit you.
  • Expiration: This promotion runs through June 3, 2016
  • Purchase points here

Hyatt Gold Passport Points

All members can purchase points with a 30% bonus. This promotion definitely offers some opportunities to save money for an upcoming stay. You can purchase anywhere between 5,000 and 55,000 points to receive the bonus points.

  • Worth it? There are a few scenarios where purchasing points to redeem can be much cheaper then paying the lowest available rate at the hotel directly. For example, the Hyatt Escala Lodge at the base of the Canyons Mountain in Park City, UT. This category 4 hotel requires only 15,000 points a night to redeem for a free night. During ski season, this hotel costs about $500/night (which I do think is expensive for this property). Instead you can purchase 47,000 points with a 14,100 bonus (thus netting you 61,100 points) for $1,128. You can then redeem 60,000 points for 4 free nights which nets out at $282/night. This is MUCH cheaper then the typical going rate! Also remember, when you use points you are not paying the taxes/fees on top of the lowest available rate! And if you are able to snag this hotel using Points + Cash, it will be even cheaper! This is just one example of many, so check out some upcoming/desired properties to see if purchasing points for redemption is actually cheaper.
  • Expiration: June 15, 2016
  • Purchase points here

Hilton HHonors Points

Hilton is having one of their best bonus offers ever for purchasing points, but that does not mean you should jump and purchase them! With this promotion, you can purchase up to 80,000 points with a 100% bonus. Ultimately, it means you are paying .5 cents per point.

  • Worth it? It really depends on where you are planning on using your points. This could work out for some, but I definitely would do the math to see. Keep in mind as well, if you have Hilton status, you’ll receive your 5th night free when redeeming points. This could help stretch your points further.
  • Expiration: June 3, 2016
  • Purchase points here

IHG (InterContinental Hotels Group) Rewards Club Points

IHG is having a 4-day sale where you can purchase points with a 100% bonus. Everyone is eligible and there is no minimum on the number of points that need to be purchased to get the deal. With this promotion you can purchase up to 60,000 points, plus the 100% bonus, which means you are paying .58 cents per point.

  • Worth it? This is the best purchasing points promotion you’ll see from IHG (although they do run this quite often). This promotion, for example, you can purchase up to 4 “free” nights at the Holiday Inn Resort in Aruba, which is smack on the beach! This will cost you $172.50/night, even during peak times (for example, Christmas and New Years). While there are nicer resorts on this strip of beach, this is a steal for this property. And remember, that includes all taxes. Also, IHG also offers Point Break hotels where there is an entire list of hotels that only cost 5,000 points a night! It is a great opportunity to stay for cheap if there is a hotel on the list that you are looking to stay at. If you purchase enough points to get the 100% bonus, you’ll essentially be able to redeem for a Point Break hotel for $28.75/night, and that includes taxes!
  • Expiration: June 3, 2016
  • Purchase points here

Overall…

As I mentioned previously, I would not purchase points speculatively with these promotions, but if you typically know your redemption value or have a specific stay you are looking at, purchasing points could definitely be cheaper than paying the lowest available rate at the hotel. These promotions could also help you purchase a few points to top of an award you are looking to redeem.

What properties have you found where purchasing points is actually cheaper than paying the lowest rate at the hotel?

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