Radisson Rewards has just launched its latest bonus on purchased points.
Buy Radisson Rewards points for 0.47 cents each
Through Sunday, January 31, 2021, Radisson Rewards is offering up to a 50% bonus on purchased points. The bonus is tiered, as follows:
- Buy 1,000-3,000 points, get a 25% bonus
- Buy 4,000-8,000 points, get a 35% bonus
- Buy 9,000-80,000 points, get a 50% bonus
Radisson Rewards members can purchase at most 80,000 points per account per calendar year (pre-bonus). Note that you have to log into your account to see the offer, so it’s possible not everyone will see the same promotion.
Factoring in the 50% bonus, you can buy a maximum of 120,000 points through this promotion. The 120,000 points would cost you $560, meaning that you’re paying 0.47 cents per point.
Radisson Rewards doesn’t sell points very often, at least compared to other programs. When Radisson Rewards does offer a bonus, it’s typically in the range of 50-100%. When we see a 100% bonus that brings the cost down to 0.35 cents per point, so obviously that’s a significantly better deal. However, it might be a while until we see another promotion like that.
Which credit card should you buy Radisson points with?
The purchase of Radisson Rewards points is processed by points.com, so wouldn’t qualify as hotel spending for the purposes of your credit card.
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), Citi® Double Cash Card (review), or The Blue Business® Plus Credit Card from American Express (review).
See this post for more on which credit cards are best for buying points.
Should you buy Radisson Rewards points?
Personally, I value Radisson Rewards points at ~0.3 cents each, though that’s a conservative valuation and you should be able to get more value out of points if redeeming at the right places.
Here’s the Radisson Rewards award chart:
As you can see, the top properties go for 70,000 points per night. If you’re buying points for 0.47 cents each, that’s like paying $330 per night for a stay at a top hotel. There are few properties where that would represent a good value.
Radisson has an increasing number of nice properties. For example, we recently saw the opening of the Radisson Blu Maldives, which represents a great use of points. A stay here costs 70,000 points per night, and that gets you an overwater villa with breakfast included.
The beautiful new Radisson Blu Maldives
Radisson Rewards has just introduced a 50% bonus on purchased points. While Radisson Rewards doesn’t often sell points with a bonus, we do occasionally see a 100% bonus, which represents a much better deal.
There are few circumstances where this promotion is worthwhile, perhaps with the exception of topping off an account, or buying enough points for a stay at a property like the Radisson Blue Maldives.
Do you plan on buying Radisson Rewards points with a 50% bonus?