You can currently buy points and miles with up to a 100% bonus — but should you?

Jan 11, 2022

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Editor’s note: This is a recurring post, regularly updated with the latest promotions.


The travel industry was hit hard by the coronavirus outbreak, but fortunately, travel is starting to look brighter with vaccines and border reopenings.

While the recovery is ongoing, airlines and hotel groups are still scrambling to find new or increased income streams to secure cash fast. One of these ways is selling airline miles and hotel points at a discount or with a bonus. This gives the airline an immediate cash injection as travelers are essentially prepaying for future travel at a potential discount.

Today I’ll walk you through some of the best current airline mile and hotel point sales. But first, let’s discuss if it ever even makes sense to buy miles.

For more TPG news delivered each morning to your inbox, sign up for our daily newsletter.

In This Post

Should I buy points and miles now?

There are a couple of things to consider before taking advantage of point sales. The first is that buying points and miles only makes sense for certain travelers. It’s generally much better to earn points and miles for ‘free’ through welcome bonuses on top travel rewards credit cards.

However, buying points and miles during good promotions can make sense for those who have tapped out their credit card options and can get high value from their points and miles. That said, I only recommend buying points or miles when you have an immediate plan to use them; otherwise, you’re left open to unexpected devaluations.

With that out of the way, here are the buy-points and miles promotions currently available.

Buy airline mile promotions

American Airlines business class
American Airlines business class (Photo by Zach Griff/The Points Guy)

American Airlines AAdvantage

  • Current promo: Up to a 35% discount
  • Purchase rate: As low as 2.1 cents per mile
  • TPG valuation: 1.68 cents per mile
  • Ending date: Jan. 19, 2022
  • Link to buy miles

American Airlines AAdvantage is offering up to a 35% discount on miles purchased by Jan. 19, 2022. You’ll get the highest discount when you buy at least 100,000 miles, which drops the price to 2.1 cents per mile. This is higher than TPG’s valuation, but might be a good deal for specific high-end awards.

Verdict: It can be a decent deal if you expect to redeem your miles for otherwise expensive, premium tickets.

United MileagePlus

  • Current promo: Up to a 40% discount
  • Purchase rate: As low as 2.1 cents per mile
  • TPG valuation: 1.13 cents per mile
  • Ending date: Jan. 28, 2022
  • Link to buy miles

United MileagePlus is offering up to a 40% discount when you purchase miles by Jan. 28, 2022. You’ll get the greatest discount when you buy at least 40,000 miles, dropping the price to 2.1 cents per mile.

However, as this is significantly higher than TPG’s valuation of United miles at 1.13 cents per mile, you’ll want to make sure buying miles provides good value before you make a purchase.

Verdict: Only buy miles during this sale if you’ll get high value on an immediate redemption.

Southwest Rapid Rewards

  • Current promo: Up to a 45% discount
  • Purchase rate: As low as 1.5125 cents per point
  • TPG valuation: 1.5 cents per point
  • Ending date: Feb. 2, 2022
  • Link to buy points

Southwest Rapid Rewards is offering up to a 45% discount when you purchase points by Feb. 2, 2022. You’ll need to buy at least 20,000 points to get the 45% discount. But, if you buy at least 20,000 points during this sale, you’ll buy points at an effective rate of 1.5125 cents per point.

This is slightly above TPG’s valuation of Southwest points, though. And since Southwest uses dynamic award pricing that’s tied to current cash fares, you’re not likely to get outsized value from Southwest points.

Verdict: Only buy points if you need to top off your account for a specific redemption.

Related: The best credit cards for paying taxes and fees on award tickets

Buy hotel points promotions

Punta Cana coastline
Punta Cana coastline (Photo by Preto Perola/Shutterstock.com)

Hilton Honors

  • Current promo: Up to a 100% bonus
  • Purchase rate: As low as 0.5 cents per point
  • TPG valuation: 0.6 cents per point
  • Ending date: Feb. 9, 2022
  • Link to buy points

Hilton Honors will match your purchase of at least 10,000 points when you buy points by Feb. 9, 2022. So, when you buy at least 10,000 Hilton points during this sale, you effectively get a 100% bonus on your purchase. During this promotion, you can buy up to 80,000 Hilton Honors points (which would be matched with 80,000 bonus points, for a total of 160,000 points).

If you purchase at least 10,000 points during this promotion, you’ll buy points at an effective rate of 0.5 cents per point. As you’d be purchasing Hilton Honors points at less than TPG’s valuation of 0.6 cents per Hilton point, this is a good deal if you have a redemption in mind but don’t currently have enough Hilton points.

Verdict: This is a good deal if you need more points for an upcoming redemption.

Choice Privileges

  • Current promo: Up to 25% off
  • Purchase rate: As low as 0.74 cents per point
  • TPG valuation: 0.6 cents per point
  • Ending date: Feb. 4, 2022
  • Link to buy points

Choice Privileges is offering up to 25% off when you buy at least 20,000 points by Feb. 4, 2022. During the promotion, you can purchase up to 180,000 points. But, because you can only typically purchase 180,000 points this year, doing so might prohibit you from buying more Choice points during subsequent promotions.

If you purchase points at 25% off during this promotion, you’ll effectively purchase points at 0.7425 cents per point. As you’d be buying points at greater than TPG’s valuation, ensure that you’ll be getting an excellent redemption value before you buy.

Verdict: Only buy if you’re ready to book a high-value redemption with the purchased points.

Related: 7 amazing hotels around the world you can book with points

Which credit card should you use to buy miles?

Most of these promotions are processed through Points.com rather than directly by the hotel or airline. Unfortunately, that means that you won’t usually get bonus rewards with a card that has a travel category bonus.

Instead, go for one that offers a solid return on non-bonus spending. Some of the best cards that fit this bill include:

If you’re working toward a credit card spending requirement, using that card may be the way to go. You can check out our guide to the best cards for everyday spending for additional suggestions.

The main exception to this rule is American miles. The airline reportedly codes mileage purchases as airfare, so you may want to use a credit card that earns bonus miles on airfare for the highest returns on your mileage purchases.

Additional reporting by Benji Stawski and Katie Genter.

Featured photo by Benji Stawski/The Points Guy.

Delta SkyMiles® Platinum American Express Card

Earn 50,000 bonus miles and 5,000 Medallion® Qualification Miles (MQMs) after you spend $2,000 in purchases on your new card in the first three months of card membership. Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants in the first three months of card membership.

With Status Boost™, earn 10,000 Medallion Qualification Miles (MQMs) after you spend $25,000 in purchases on your Card in a calendar year, up to two times per year getting you closer to Medallion Status. Earn 3X Miles on Delta purchases and purchases made directly with hotels, 2X Miles at restaurants and at U.S. supermarkets and earn 1X Mile on all other eligible purchases. Terms Apply.

Apply Now
More Things to Know
  • Earn 50,000 Bonus Miles and 5,000 Medallion® Qualification Miles (MQMs) after you spend $2,000 in purchases on your new Card in your first 3 months.
  • Plus, earn up to $100 back in statement credits for eligible purchases at U.S. restaurants with your card within the first 3 months of membership.
  • Earn up to 20,000 Medallion® Qualification Miles (MQMs) with Status Boost® per year. After you spend $25,000 in purchases on your Card in a calendar year, you can earn 10,000 MQMs two times per year, getting you closer to Medallion® Status. MQMs are used to determine Medallion® Status and are different than miles you earn toward flights.
  • Earn 3X Miles on Delta purchases and purchases made directly with hotels.
  • Earn 2X Miles at restaurants worldwide, including takeout and delivery and at U.S. supermarkets.
  • Earn 1X Miles on all other eligible purchases.
  • Receive a Domestic Main Cabin round-trip companion certificate each year upon renewal of your Card. *Payment of the government imposed taxes and fees of no more than $75 for roundtrip domestic flights (for itineraries with up to four flight segments) is required. Baggage charges and other restrictions apply. See terms and conditions for details.
  • Enjoy your first checked bag free on Delta flights.
  • Fee Credit for Global Entry or TSA Pre✓®.
  • Enjoy an exclusive rate of $39 per person per visit to enter the Delta Sky Club® for you and up to two guests when traveling on a Delta flight.
  • No Foreign Transaction Fees.
  • $250 Annual Fee.
  • Terms Apply.
  • See Rates & Fees
Regular APR
15.74%-24.74% Variable
Annual Fee
$250
Balance Transfer Fee
N/A
Recommended Credit
Excellent/Good
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are the 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.