Recap: 10 Opportunities To Buy Points

Recap: 10 Opportunities To Buy Points

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We frequently see loyalty programs sell points at a discount, and for many, this is an opportunity to buy points at a cost that makes sense, especially for aspirational redemptions.

At the moment we’re seeing many loyalty programs offer promotions when buying points, with several offers expiring soon. In this post I wanted to provide a recap of that, since it can be tough to keep track of the various deals out there.

Here are 10 deals on buying points right now, in order of promotion expiration dates:

In each of the above cases, I linked to a post that talks about when it does and doesn’t make sense to buy points from those programs, so check that out. Don’t necessarily assume that a 100% bonus in one program is a better deal than a 50% bonus in another program, since different programs have different value propositions to begin with.

Of the above offers, I tend to think the best offers are those from Alaska Mileage Plan, Hilton Honors, Marriott Bonvoy, and World of Hyatt.

Some loyalty programs process points purchases directly (including American AAdvantage). In those cases, mileage purchases qualify as airfare spending, in which case you’d want to use one of the following cards:

5x Membership Rewards points per dollar spent directly with airlines or through Amex Travel, on up to $500,000 on these purchases per calendar year and then 1x
The Platinum Card® from American ExpressThe Platinum Card® from American Express
3x Membership Rewards points per dollar spent directly with airlines
American Express® Gold CardAmerican Express® Gold Card
3x Ultimate Rewards points per dollar spent on airfare
Chase Sapphire Reserve®Chase Sapphire Reserve®
3x ThankYou points per dollar spent on airfare
Citi Premier® CardCiti Premier® Card
2x Ultimate Rewards points per dollar spent on airfare
Chase Sapphire Preferred® CardChase Sapphire Preferred® Card

Points purchases from other programs are facilitated by points.com. Those purchases don’t qualify as airfare or hotel purchases, which should impact the credit card you use.

For points.com purchases 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).

However, keep in mind those two cards have foreign transaction fees, so you wouldn’t want to use them for any points purchases in foreign currencies. For purchases from foreign programs, use a card with no foreign transaction fees.

Are you taking advantage of any of the opportunities to buy points at the moment?

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  1. RayFlyer Guest

    Please publish a chart showing cost per mile for all airlines at the normal rate. Thanks.

  2. Joe1293 Guest

    Very useful
    Thank You OMAT

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

RayFlyer Guest

Please publish a chart showing cost per mile for all airlines at the normal rate. Thanks.

0
Joe1293 Guest

Very useful Thank You OMAT

0
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