Update: This article contains mentions of Chase Freedom Unlimited® whose terms have expired and are in the process of being updated. All other offers reflect accurate offer terms. Learn more about the current offers here.
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Choice Privileges has rolled out their newest promotion on purchased points, which has the potential to represent an excellent value.
However, let me note that most people probably shouldn’t be buying points right now. Once the current global crisis is over I’m sure we’ll see all kinds of great opportunities on purchased points, and I would guess we’ll even see better deals than we’re seeing right now.
However, I still do what I can to keep up to date posts on current promotions, and this is no exception. This promo is also valid for several weeks, so hopefully things will be looking better by then.
Buy Choice Privileges Points With 40% Bonus
Through Monday, April 27, 2020, Choice Privileges is offering up to a 40% bonus on purchased points. The bonus is tiered, as follows:
- Buy 3,000-4,000 points, get a 20% bonus
- Buy 5,000-9,000 points, get a 30% bonus
- Buy 10,000-120,000 points, get a 40% bonus
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 has a cap of purchasing 120,000 points per account per calendar year. If you maxed out this promotion you could purchase a total of 168,000 points for $1,188, which is a cost of 0.71 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, while the 40% bonus increases how many points you can buy.
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 0.71 cents each, it would be the equivalent of paying ~$114 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?