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Marriott's Letting You Redeem Points to Keep Your Elite Status

Jan. 14, 2016
2 min read
Marriott Featured
Marriott's Letting You Redeem Points to Keep Your Elite Status
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Did you end 2015 without meeting the stay requirement to re-qualify for Marriott elite status? All hope is not lost — Marriott's now offering you an opportunity to "buy back" your elite status by redeeming a fixed number of points. To participate, simply email EliteBuyBack16@Marriott.com with your name, Rewards number and which of the options below you'd like to select:

  • Buy back Platinum for 40,000 points
  • Buy back Gold for 25,000 points
  • Buy back Silver for 7,500 points

You can also call Marriott at (800) 321-7396 and tell the rep that you'd like to buy back your status. You have until April 1 to make the request.

Should you do it?

TPG values Marriott Rewards points at 0.7 cents each, so you'll be using between $52.50 and $280 worth of points here, depending on which status you're planning to buy back. Of course, you can get more value out of your points, such as with a redemption like this. Last year, contributor Nick Ewen valued Marriott Platinum status at $2,110, thanks to the bonus points, daily breakfast and room upgrades you'll receive. (Note that you can only redeem for the same elite level you held in 2015.)

Marriott Platinum members also receive complimentary United MileagePlus Premier Silver status thanks to the duo's RewardsPlus partnership. If you're planing to travel with Marriott or United this year, it could be worth redeeming points to re-qualify. Also, with Marriott and Starwood expected to merge later this year, there's a chance your Marriott status could get you perks with SPG before 2016 is through.

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H/T: View from the Wing

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  • Intro Offer

    LIMITED-TIME OFFER: Earn up to 400K bonus miles
  • Annual Fee

    $395
  • Recommended Credit

    740-850
    Excellent

Why We Chose It

The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)

Pros

  • The Capital One Venture X business card has a very lucrative welcome offer.
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  • Business owners are also able to add employee cards for free.

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  • The card requires significant spending to earn the welcome offer.
  • Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
  • LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
  • With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
  • Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
  • Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
  • This is a pay-in-full card, so your balance is due in full every month