Daily Getaways is returning for the next five weeks, which is an opportunity to purchase discounted hotel points and travel packages. Daily Getaways go live at 1PM ET every weekday, and the more popular packages sell out very quickly, so you’ll want to be fast, if interested.
Today at 1PM Choice Privileges points are going on sale, so I figured I’d share my thoughts on who should consider buying them.
Should you buy discounted Choice Privileges points?
Here’s a chart with the Choice Privileges points packages for sale:
|Number Of Points||Package Cost||Cost Per Point||Number Of Packages|
|20,000 Choice Privileges||$90||0.45 cents/point||220|
|32,000 Choice Privileges||$132||0.41 cents/point||655|
|36,000 Choice Privileges||$155||0.43 cents/point||785|
|40,000 Choice Privileges||$160||0.4 cents/point||380|
You can purchase up to eight sets of points per Choice Privileges account (two of each type of package). This year’s promotion on Choice points is identical to what was available through Daily Getaways last year.
Choice points can of course be redeemed for hotel stays, and there are some surprisingly good values when redeeming through the Preferred Hotel Group.
But it’s also worth considering this promotion for the purposes of buying airline miles. Choice points can be converted into airline miles at the rate of 5,000 points per 1,000 airline miles. Choice has several airline partners, including Aeroplan, Alaska, American, United, etc.
In other words, if you buy the package for 40,000 points, you can convert those points into 8,000 airline miles. At a cost of $160 for the package, that’s like paying two cents per airline mile.
That’s not a rate at which I’d speculatively buy miles, but with a specific use in mind it can represent a great deal.
I’d note that this can also be a great opportunity to top off an airline mileage account. Often when airlines have promotions on the purchase of miles, there’s a high minimum number of miles you have to buy to achieve the lowest cent per mile cost. Being able to transfer just a few thousand miles into an account at a rate of two cents per mile is pretty good.
My one caution is that converting Choice points into airline miles isn’t an instant process, so this isn’t useful if you have an urgent need for miles.
I wouldn’t speculatively buy airline miles for two cents each, though if you’re hopping off an account for a specific award, I’d say this represents a solid value. While many airlines have promotions on the purchase of miles, you’re typically required to buy a large quantity of miles to get the best price, which is why this promotion could be useful.
Do you plan on purchasing Choice points through the Daily Getaways promotion, either for a hotel stay or airline mileage transfer?