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For those that are about to lose their Marriott status (Silver, Gold, or Platinum), Marriott is offering the opportunity to “buy back” your status. This means, instead of losing status February 28, 2017, you’ll be able to keep it until February 28, 2018.
You have until March 31, 2017, to make this decision and it will cost the following number of points:
- Platinum status – 40,000 points
- Gold status – 25,000 points
- Silver status – 7,500 points
Unfortunately, you are only allowed to buy back your status for the exact same status you are losing. So if you are currently Gold, you cannot buy status for Platinum and vice versa. Also, if you earned status due to matching your SPG status, you won’t be eligible for this buy back offer either. To buy back status you can call 800-321-7396.
Buying back status is really a personal preference. I personally do not see much value in Silver status, so I would probably never buy back Silver status. Gold and Platinum really depend on if you are planning on staying at many worthwhile Marriott hotels this year. If you typically only stay at lower end Marriott’s (i.e., Fairfield Inns, Courtyard, etc.) I do not see the value at all as there really are no benefits upon check-in. The value really comes (in my opinion) when you can get free breakfast and club lounge access. I am personally losing my Gold status and am not going to take advantage of this offer. Due to the Marriott/SPG merger, my husband was able to match his SPG Platinum status to Marriott Platinum, so there is no need for me to have Gold status when he already has Platinum.
If for whatever reason you are looking to buy back your status, you can purchase the points required. To purchase 25,000 points costs $312.50 and to purchase 40,000 points will cost $500.
Will you be buying back your status?