Buy Radisson Rewards points for as low as 0.35 cents per point: Is it worth it?

Jun 2, 2020

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Radisson Rewards is offering a 100% bonus on Radisson Rewards points purchased by June 30, 2020. As reported by One Mile at a Time, this sale cuts the cost of Radisson points to 0.35 cents apiece, making it a good way to subsidize future hotel stays.

Here, we’ll take a closer look at this buy-points promo and discuss when it’s worthwhile to buy IHG points. But first, let’s talk about buying hotel points during the coronavirus outbreak.

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In This Post

Should I buy Radisson Rewards points now?

Radisson, in addition to other major hotel groups, is running this buy-points sale in the middle of the coronavirus outbreak. It’s easy to see why — these companies need to raise capital in a time when hotel occupancy rates are at historic lows, and selling points on the cheap is an easy way for companies to get their loyalty members to prepay for hotel stays.

There’s no doubt that many of these buy-points deals are a good deal, but that still begs the question: Is it a good idea to buy hotel points in the middle of a pandemic?

Only you can answer that question, but here are two things to keep in mind when you make your decision. The first is the state of the travel industry as a whole — travel a and airlines are hurting financially, and while we have faith in Radisson making it through this travel downturn, there’s no way to guarantee this. If the hotel group did go bankrupt, there’s a chance your newly-purchased points could be rendered worthless.

Further, you probably won’t be using these points until the coronavirus outbreak is contained. Having points sitting in your Radisson account leaves them open to devaluation, so you should only purchase points if you’re already booking stays for a late-2020 or early-2021 trip. Even then, there’s no guarantee that it will be safe to travel, so familiarize yourself with the hotel group’s change and cancellation policies before you buy points.

A closer look at Radisson’s buy-points promotion

Radisson Rewards 100% Bonus

As discussed, Radisson Rewards is offering a 100% bonus on purchased Radisson points, dropping the cost-per-point to 0.35 cents apiece. The bonus and cent per point cost are the same no matter how many points you buy, so you’re not locked into purchasing the maximum number of points.

Additionally, Radisson has raised purchasing limits from 80,000 points to 120,000 points. This doesn’t include the bonus, so you can buy up to 240,000 Radisson Rewards points during this promotion. You’ll spend $840 to max out the promotion.

If you’re interested in buying points with the promotion, head to Radisson’s buy points page and log into your account.

Is this Radisson Rewards promotion a good deal?

If you’re confident that Radisson will make it through the coronavirus travel downturn unscathed, this deal gives you a good way to stock up on Radisson Rewards points on the cheap. In fact, at the 0.35 cents per point rate, you’re buying points at a cheaper rate than TPG’s most recent Radisson Rewards valuation of 0.4 cents apiece.

That said, you should only buy Radisson Rewards points if you’re sure you can get more than 0.35 cents per point in value from your redemptions. A good way to gauge this is looking at the points cost of hotels you’d like to book and compare it to the cash cost; if it’s cheaper to book with points, it’s a good deal.

Radisson Blu Edwardian Hampshire hotel London
(Photo courtesy of the Radisson Blu Edwardian, Hampshire hotel.)

For example, say you want to stay at the Radisson Blu Edwardian Hampshire in London in late 2020. A prepaid weekend night in November costs $442 after-tax, or you can book with 70,000 Radisson Rewards points. You can buy these points for $245 during the promotion, giving you 0.63 cents per point in value and helping you save almost $200 by purchasing points instead of booking a paid stay.

Radisson Rewards points are hard to earn

Unfortunately, Radisson Rewards points are tough to earn. You can’t transfer points from any major U.S. transferable points programs, so you’re limited to spending on a Radisson Rewards cobranded credit card to earn points on everyday purchases.

This makes purchasing Radisson Rewards points even more attractive. With limited earning options, purchasing points on the cheap is by far the easiest way for U.S. travelers to earn Radisson Rewards points quickly and easily.

Which credit card should you use?

Radisson Rewards point purchases are processed by Points.com, so your purchase won’t code as travel. Unfortunately, this means you won’t earn a travel category bonus from travel rewards credit cards. Instead, you’ll want to pay with a card that earns bonus points on all purchases, including:

Note that the Chase Freedom Unlimited’s cashback can become fully-transferable Ultimate Rewards points (up to a 3% return based on TPG’s valuations) if you also have an Ultimate Rewards-earning card like the Chase Sapphire Preferred Card.

Featured photo by Gelia/Shutterstock.

Chase Sapphire Preferred® Card

WELCOME OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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.