Choice Privileges is currently running their latest promotion on purchased points, valid for one week only. Through September 17, 2019, Choice Privileges is offering up to a 30% discount on the purchase of points. That discount applies as long as you purchase at least 5,000 points in one transaction. Purchased points should post to your account within 24 hours.
In the past Choice Privileges limited you to purchasing at most 50,000 points per calendar year, though this year they increased that cap to 120,000 points per year. This promotion could be useful even for those who previously maxed out the cap on purchased points this year.
If you maxed out this promotion you could purchase a total of 120,000 for $924, which is a cost of 0.77 cents per point.
Choice frequently offers promotions on purchased points, and when they do they typically offer a 30% discount or 40% bonus. So this promotion is just about as good as it gets.
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 0.825 cents each, it would be the equivalent of paying ~$123 per night, which is quite a good deal, especially since these hotels come with free breakfast and dinner.
In the past 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.
Choice Privileges points purchases are processed by points.com, meaning they don’t count as a hotel purchase for the purposes of credit card spend.
Therefore I’d recommend using a card on which you’re trying to reach minimum spend, or otherwise a credit card that maximizes your return on everyday spend, like the Chase Freedom Unlimited®.
See this post for more on which credit cards are best for buying points.
Does anyone plan on buying Choice Privileges points with a 30% discount?
(Tip of the hat to YHBU)