We often see loyalty programs selling points at a discount, and for many this is an opportunity to buy points at a price that is especially useful for ambitious redemptions.
At the moment, many loyalty programs have special offers when purchasing points. Several offers will expire in the coming days. In this post, I wanted to give a round-up of it as it can be difficult to keep track of the various deals out there. Many of these are some of the best deals we’ve ever seen from programs, which is reasonable given the circumstances.
Here are 10 of the best deals on buying points right now, in order of the promotion expiration date:
- World of Hyatt is offering up to 30% bonus on purchased points / purchase points for only 1.85 cents each until February 23, 2021 / more information here
- Until February 23, 2021 JetBlue TrueBlue offers up to 40% discount on purchased points / purchase points for only 1.77 cents each / further information
- Until February 25th, 2021 the IHG Rewards Club is offering up to 75% bonus on purchased points / purchase points for only 0.57 cents each / more information here
- Until February 25, 2021 United MileagePlus is offering up to 100% bonus on miles purchased / miles purchased for just 1.88 cents each / more information here
- Until February 25, 2021 Avianca LifeMiles is offering up to 165% bonus on purchased points / purchase points for only 1.25 cents each / additional information
- Until February 28, 2021, the Air France-KLM Flying Club is offering up to 75% bonus on miles purchased / miles for only 1.9 cents each / further information
- American AAdvantage is offering up to 75% bonus on purchased miles / miles for only 2.26 cents each / more information here until February 28, 2021
- Until March 1, 2021, Iberia Plus is offering up to 50% bonus on purchased Avios / Buy Avios for only 1.45 cents each / more information here
- Until March 5, 2021, Hilton Honors is offering a bonus of up to 100% on purchased points / purchase points for only 0.5 cents each / additional information
- Until March 22, 2021, Marriott Bonvoy is offering up to 50% bonus on purchased points / purchase points for only 0.83 cents each / more information here
In each of the above cases, I’ve linked a link to a post that talks about when it makes sense and when it doesn’t make sense to buy points from these programs. Don’t necessarily assume that a 100% bonus in one program is a better deal than a 50% bonus in another program, as different programs have different value propositions to begin with.
Of the above, I think the Alaska Mileage Plan, Avianca LifeMiles, Hilton Honors, Marriott Bonvoy, and World of Hyatt are the best deals.
American AAdvantage and Avianca LifeMiles mileage purchases are processed directly. This means that these purchases should count as airfare. So I would recommend using one of the following cards:
Other point purchases should be facilitated through points.com. These purchases are not considered airline or hotel purchases, which should affect the credit card you are using.
For purchases at points.com, I would recommend using a card that you try to meet the minimum spend or otherwise a credit card that maximizes your return on daily expenses, such as a credit card Chase Freedom Unlimited® (Review) or Citi® Double Cash Card (Review).
Note, however, that there are foreign transaction fees for these two cards, so you will not want to use them to purchase points in foreign currency. Use a card with no foreign transaction fees for purchases from overseas programs.
Are you currently using the opportunity to buy points?