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In the grande finale of this year’s Daily Getaways, Expedia is offering +gold status and a $1,000 hotel coupon for $650. The offer is scheduled to go live tomorrow (Wednesday, April 22) at 1 pm ET. There are only 50 of these coupons available, so it won’t be easy to get your hands on, but I think there’s good value to be had here.

For starters, you’ll get Expedia +gold status for the remainder of 2015. Expedia+ Rewards isn’t as lucrative as your average hotel or airline loyalty program, but it does offer some decent benefits. Specifically, +gold members get a 30% bonus on points, as well as upgrades, spa treatments, or other amenities at over 1,400 +VIP Access hotels. I wouldn’t pay for +gold status, but it can be pretty lucrative if you use Expedia regularly.

The coupon is for a seemingly straightforward 35% off; however, there are several crucial restrictions:

  • You must be an Expedia+ Rewards member to redeem your coupon
  • Coupons can only be used to book a +VIP Access or Expedia Rate hotel.
  • Coupons can only be used once. Any leftover value is void.
  • Coupons can only be applied to one hotel room per booking.

In addition, coupon values only apply to the room rate, not to taxes and fees. Once a coupon is used, it can’t be refunded, and coupons can only be used on reservations paid for at the time of booking. The first restriction isn’t a problem; if you’re thinking about purchasing one of these coupons and you’re not already an Expedia+ Rewards member, just make sure you sign up before you buy.

expedi
There are currently 1,400 +VIP Access hotels around the world.

The second and third restrictions are the most important ones. You can only use the coupon at select hotels. Granted, there are plenty of great properties on the list, but don’t mistakenly buy the coupon thinking you’ll be able to use it wherever you want. Since the coupon can only be redeemed once, you’ll need to use the full amount for one stay, so you can’t use it to hop from one city to another.

The best aspect of this deal is that you’ll book your hotel through Expedia, so you’ll be able to take advantage of whatever savings are available there on top of the $350 you’d save with the coupon. For example, Expedia is currently running a 35% off promotion at L’Hotel du Collectionneur Arc de Triomphe in Paris. A long weekend in mid-May would cost you $338.27 per night before taxes, or $1014.81 for a three night stay. With the coupon, you’d end up paying about $665. Considering that the hotel normally costs $452 a night, you’d be saving roughly $692 between the Daily Getaways promo and the current Expedia discount (again, before taxes).

paris
L’Hotel du Collectionneur Arc de Triomphe

One other nice feature of this deal is that the coupon doesn’t expire, so you could consider buying speculatively for a future vacation. So long as you’re confident you’ll have a single hotel stay of close to $1,000 (or more) at one of the eligible properties, you should get good value out of this deal whenever you do redeem. On the other hand, the offer states that it may take up to ten days for the coupon to show up in your account, so take that into consideration if you’re making travel arrangements for the immediate future.

Which of the +VIP Access hotels would you most want to visit?

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

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More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.