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Obviously for most people this isn’t the time to buy points speculatively. However, for those planning way in advance, it could make sense to buy points if the price is right. That’s why I’ll keep covering deals to buy points as they arise.
Choice Privileges has rolled out their newest promotion on purchased points, which has the potential to represent an excellent value.
Buy Choice Privileges Points For 30% Off
Through Friday, June 12, 2020, Choice Privileges is offering a 30% discount on purchased points. You receive a 30% discount as long as you purchase at least 3,000 points in one transaction.
At least that’s the bonus I see on the accounts I manage, though it’s possible other people may be targeted for other offers, so you’ll want to log into your Choice Privileges account to see what you’re eligible for.
Choice now has a cap of purchasing 180,000 points per account per calendar year, which is up from the previous maximum of 120,000 points.
If you maxed out this promotion you could purchase a total of 180,000 points for $1,247.40, which is a cost of 0.693 cents per point.
Choice regularly offers promotions on purchased points. When they do, they typically offer either a 30% discount or a 40% bonus — the 30% discount gives you a slightly lower cost per point, so this is as good as these promotions get.
Is Buying Choice Points A Good Deal?
In the past, Travis has written about why he thinks Choice points are worth buying. Specifically, Choice has an impressive footprint in Northern Europe, where hotels can otherwise be expensive. Travis has redeemed at hotels like the Clarion Collection Hotel Folketeateret and the Clarion Collection Hotel Bastion, which cost 16,000 points per night.
If you bought the points for those stays through this promotion for 0.69 cents each, it would be the equivalent of paying ~$110 per night, which is quite a good deal, especially since these hotels come with free breakfast and dinner.
Historically, one major downside to the Choice Privileges program was that they only allowed award redemptions at most 30 days out for US and Canada properties, and 60 days out for other properties. Fortunately, Choice modified this policy in 2018, and you can now book up to 100 days out.
What Credit Card Should You Buy Choice Points With?
Choice Privileges points purchases are processed by points.com, meaning they don’t count as a hotel purchase for the purposes of credit card spending.
Therefore I’d recommend using a card on which you’re trying to reach minimum spending, or otherwise, a credit card that maximizes your return on everyday spending, like the Chase Freedom Unlimited® (review) or Citi® Double Cash Card (review) — more on which credit cards are best for buying points.
Does anyone plan on buying Choice Privileges points?