Should you buy Marriott points with a 30% discount?
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If you’re looking to plan travel for this summer, Marriott is currently offering a bonus when buying Marriott Bonvoy points. From now through June 20, 2021, you’ll get a 30% discount when you purchase 2,000 or more Marriott Bonvoy points, dropping the cost to just 0.88 cents per point. This is a decent discount when compared to the usual price of 1.25 cents per point.
Let’s take a closer look at the promotion and discuss times when it makes sense to purchase Marriott points.
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Marriott buy-points promotion details
Through June 20, 2021, Marriott is selling points with a 30% discount when you buy a minimum of 2,000 points, dropping the price of Bonvoy points to just 0.88 cents apiece. You can take advantage of this promotion by heading to Marriott’s Buy Points page. Do note that you can only purchase 100,000 Marriott Bonvoy points per year.
If you’re new to Marriott Bonvoy, note that the terms say you may purchase points 30 days after enrollment if your Marriott Bonvoy account has other mileage earning activity from hotel stays or credit card spend. You’re eligible to purchase points regardless of your account activity after your account is open for at least one year.
Who should buy Marriott Bonvoy points?
If you’ve already earned the bonuses on the best Marriott credit cards, buying points with this discount could be enticing.
TPG’s monthly valuations estimate Marriott points to be worth 0.8 cents each. So, under this promotion, you’re paying just a tad more than our valuation. Regardless, this can make the promotion an excellent deal if you have an immediate plan to use the points to book expensive stays at a discount.
For example, you can book Marriott Category 8 hotels for 70,000 points on off-peak dates. You’ll pay more than $1,000 per night at many of these hotels, like the St. Regis Maldives. But with this deal, you can purchase 70,000 points for $584 and receive an effective discount of $400+ per night compared to paying cash.
You’ll receive an even better value when you book five or more consecutive award nights, thanks to Marriott’s fifth-night free perk. You may want to buy points to top up your account for a five-night redemption if you’re running low on Marriott Bonvoy points.
How to earn Marriott Bonvoy points
Purchasing Marriott Bonvoy points isn’t your only earn Marriott Bonvoy points without staying at hotels. In fact, one of the easiest ways to earn these points is with Marriott’s cobranded credit cards.
Currently, Chase offers two cobranded credit cards — both with elevated sign-up bonuses. The Marriott Bonvoy Boundless Credit Card earns 100,000 bonus points after spending $3,000 on purchases in the first three months from account opening, while the Marriott Bonvoy Bold Credit Card earns 50,000 bonus points after you spend $1,000 on purchases in the first three months from account opening. Each card has various benefits and annual fees.
On the other hand, American Express offers the more premium Marriott Bonvoy Brilliant™ American Express® Card. This card has a higher $450 annual fee (see rates and fees) is currently offering 75,000 bonus points after you spend $3,000 in purchases within the first three months. Plus, earn up to $200 in statement credits for eligible purchases at U.S. restaurants within the first six months of card membership.
Use the right credit card to buy points
The terms state that purchasing points with a Marriott Bonvoy cobranded credit card will earn points as an everyday purchase, so you won’t earn bonus points like you would on a Marriott stay. To maximize your spending when buying Marriott points, look at cards like The Blue Business® Plus Credit Card from American Express, which offers 2 Membership Rewards points per dollar spent (on the first $50,000 per calendar year; then 1 point per dollar thereafter, terms apply), or the Chase Freedom Unlimited, with 1.5% cash-back (1.5 Chase Ultimate Rewards points per dollar).
Andrew Kunesh, Joseph Hostetler and JT Genter contributed to this post.
For rates and fees of the Marriott Bonvoy Brilliant card, click here.
Featured photo by Benji Stawski/The Points Guy.
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