Obviously this isn’t the time to buy points speculatively. However, there are also people planning travel way in advance, and for some of those people buying points at a discount could be worth it, especially given the flexibility that points redemptions offer. That’s why I’ll keep covering deals to buy points as they arise, though I’d generally shy away from these promotions for the time being.
Wyndham Rewards has just made some major changes to how they sell rewards points, and has also introduced a new promotion.
Wyndham Rewards lifts cap on purchased points
Effective immediately, Wyndham Rewards has increased the cap on purchased points from 10,000 per year to 45,000 per year, which is a huge increase.
I know a lot of people found buying Wyndham points in the past to be worthwhile, but the limit was a major restriction. In conjunction with a good promotion, this could be well worth it.
Buy Wyndham points with a 40% bonus
Through May 11, 2020, Wyndham Rewards is offering a 40% bonus on purchased points:
- This means members can purchase up to 63,000 points, including the 45,000 base points plus the 40% bonus
- Points are ordinarily sold in increments of 1,000 for 1.3 cents per point
- With this offer you’ll pay $13 per 1,400 Wyndham points, which is a rate of ~0.93 cents per point
How to redeem Wyndham Rewards points
When it comes time to redeem Wyndham Rewards points, there are three tiers of hotels:
- About a third of properties cost 7,500 points per night
- A majority of properties cost 15,000 points per night
- A few hundred hotels cost 30,000 points per night
At a rate of ~0.93 cents per acquired Wyndham point, that’s like paying:
- ~$70 for a night at an entry level property
- ~$140 for a night at a mid-range property
- ~$280 for a night at a premium property
I would guess cases where the math works out on buying points are few and far between, though there are always exceptions.
Which credit card should you buy Wyndham points with?
If you’d like to buy Wyndham Rewards points, note that 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.
Wyndham Rewards has overhauled how they sell points, and that’s good news. They’ve more than quadrupled the limit on how many points you can purchase annually.
While I most definitely wouldn’t speculatively buy Wyndham Rewards points points at this cost, maybe the math works out for some.
To those who are Wyndham Rewards fans, are there any properties you can get outsized value at with this promotion?