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American Express and the US Travel Association (a non-profit organization dedicated to promoting US travel) have partnered to offer discounts and deals with various travel brands and loyalty programs during the next month, including hotel packages, points/miles purchase promos, rental car discounts and more. These deals are called Daily Getaways.
Each day we’ll hash out the details of that day’s deal to see whether it’s worth taking advantage of.
Today’s deal goes live at 1 pm EDT, and you can sign up for alerts if you’d like to be notified when the deals go live.
All of these promotions have the added benefit that you can receive an additional 10% for purchasing with an Amex card, like the Platinum and Premier Rewards Gold, or even co-branded cards like Delta Gold and the Starwood Preferred Guest Amex.
Daily Getway For Monday May 19: Wyndham Rewards Points
- 14,000 Wyndham Rewards points for $84 (500 available)
- 32,000 Wyndham Rewards points for $192 (450 available)
- 40,000 Wyndham Rewards points for $240 (440 available)
- 60,000 Wyndham Rewards points for $360 (100 available)
- 75,000 Wyndham Rewards points for $450 (200 available)
The deals are marketed as free nights for different hotels, but in reality they’re just bundles of points that you can use however you choose.
Basically with this promotion you are purchasing Wydham Rewards points for .6 cents per point (or .54 cents per point if you use your Amex card). This is much higher than the cost paid for Wyndham points during last year’s Daily Getaways, which isn’t great because Wyndham devalued their airline transfer ratio this past January. However, you can use these points toward earning a valuable Southwest Companion Pass. You can transfer 6,000 Wyndham Rewards points to 1,200 Southwest Rapid Rewards points, so you could earn up to 14,400 Rapid Rewards points with the 75,000 point option, and still have a few thousand Wyndham Rewards points left over.
For example, if you recently got in on two of the (no longer available) 50,000 point Rapid Rewards bonuses that accompanied the Chase Southwest Premier and Plus Visa cards, but haven’t yet completed enough spending to earn the Companion Pass, you could do so with this promotion. 32,000 Wyndham points (purchased for $192, or $173 with the Amex discount) would net you 6,000 Rapid Rewards points, which is enough to get you over the hump if you already earned the bonuses by meeting the $2,000 spending requirements.
If you plan to use the points for hotel stays, keep in mind that most Wyndham hotels cost about 30,000 points per night, but lower-end brands cost even less. If you were to purchase the 60,000 point offer for $360 (or $324 with the Amex discount), you could use the points for two free nights. If the rate of the Wyndham room is more than $180 (or $162) per night, which is possible, then you’d potentially be saving money buy purchasing the points.
For example, I priced out a two night stay in Chicago in mid June. The higher end properties in downtown Chicago cost 30,000 points per night, whereas a Super 8 in the suburbs starts as low as 5,500 per night. The Wyndham Grand Chicago Riverfront costs 30,000 points or $269 per night. To buy the requisite 60,000 points, you’d spend $162 per night (Amex discount included). Clearly purchasing points is the better deal in this specific case.
However, keep in mind that Wyndham has a reputation for changing their rewards program without notice, as they have already done once in 2014, so you never know when those points may be devalued again.
Is this deal worth it? I think it could be, especially if you plan on using the points to top up your Rapid Rewards balance and earn a Companion Pass, or if you have a specific trip in mind where you can save money by using points instead of paying cash (especially one coming up soon so you can minimize the risk of unannounced program changes). This promotion probably isn’t worth it for simply purchasing airline miles due to the recent devaluation.
Also note that there are only 100 deals available for what may be the most obvious choice of purchasing 60,000 points if you want to use the points for a two night hotel stay, so if you’re hoping to buy this package, be ready at 1 pm ET to click away!
Southwest Airlines Rapid Rewards® Premier Credit Card
|Intro APR||Regular APR||Annual Fee||Balance Transfer Fee||Credit Rating|
|N/A||16.24%-23.24% Variable||$99||See Terms||Excellent Credit|