Swapping Points for a Ski Trip to Aspen — Reader Success Story
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.
Today I want to share a story from TPG reader Allan, who used some creative point transfers to save on a ski trip to Aspen. Here’s what he had to say:
I’ve read your advice not to transfer points speculatively to take advantage of a transfer bonus, since you run the risk of not finding award space or (even worse) getting caught up in a devaluation. But I recently decided to take that risk twice, and I earned a huge payoff in both cases.
First, I speculatively transferred Membership Rewards points to British Airways during the last 40% transfer bonus, figuring I could use them for a future trip to Hawaii or Aspen. I ended up booking a New Year’s Eve trip to Aspen for my family of four using Avios. Cash fares at the time were $545 from Los Angeles, but we paid 15,000 points per person instead, giving me a redemption value of over 3.4 cents per Avios or over 4.8 cents per Membership Rewards point.
I normally stay at Wyndham properties since many of their resorts feature a full kitchen, and Wyndham has a property in Aspen called the Aspen Meadows Resort. Nightly rates over New Year’s week average $700, so Wyndham’s fixed redemption level of 15,000 points per night results in a redemption value of 4.6 cents per point. I didn’t have enough points to book our stay, but during my research I came across the exchange feature on Points.com and saw an opportunity to top off my Wyndham account.
First, I exchanged 25,754 JetBlue points (leftover from a credit card bonus) for 19,316 La Quinta Returns points, which can be combined with Wyndham Rewards at a 1:1 ratio. Next, I transferred 20,000 Starpoints to Aeroplan, giving me 25,000 miles after the 5,000-mile bonus. I then exchanged those miles through Points.com for 21,249 La Quinta points, which I again combined with my Wyndham Rewards, giving me a little over 40,000 extra points to put toward our stay in Aspen. Completing the exchanges and booking the room took 12 days.
The points I transferred were worth about $875 based on your valuations, but they were worth almost $1,900 to me by redeeming through Wyndham. With the delays in transferring and exchanging points among the different loyalty programs, this award redemption was full of speculation and risk, but in the end that risk helped make our $5,000 ski trip happen.
Transfer bonuses (like the ones Amex is currently offering for JetBlue and Virgin Atlantic) are a great way to boost your frequent flyer accounts. I think transferring speculatively during a bonus is fine so long as you’re sending points to a program you either use regularly or think you’ll use in the near future. Allan’s plans may not have been concrete when he made the transfer, but he at least had an inkling of how he would use his Avios. What you don’t want to do is jump on a transfer bonus with no plan to redeem those extra miles, since you may end up missing other opportunities or losing your rewards altogether if they sit idle for too long.
There’s a lot of conventional wisdom in the award travel community, but it shouldn’t be mistaken for inviolable rules. For example, conventional wisdom would generally tell you not to pay to transfer miles between accounts or redeem points for cash, but if it helps you afford a trip to New Zealand or see your favorite team in the World Series, then it may be worthwhile. Points.com tends to offer miserable conversion rates — case in point, swapping Starpoints for Wyndham Rewards isn’t likely to be a profitable move — but the exchange made sense for Allan because he had the opportunity to book such a valuable award.
As he mentions, that opportunity carried significant risk. Award space could have dried up in the time it took for his points to transfer; that wouldn’t have been too problematic since he’s a Wyndham regular anyway, but there are less costly ways to pad your Wyndham Rewards account. Still, so long as you’re aware of the risks and confident you’re getting a good return, don’t be afraid to use your points in a way that goes against the grain.
I love this story and I want to hear more like it! To thank Allan for sharing his experience (and for allowing me to post it online), I’m sending him a $200 airline gift card to enjoy on future travels, and I’d like to do the same for you. Please email your own award travel success stories to email@example.com; be sure to include details about how you earned and redeemed your rewards, and put “Reader Success Story” in the subject line. Feel free to also submit your most woeful travel mistakes. If your story is published in either case, I’ll send you a gift to jump-start your next adventure.
Safe and happy travels to all, and I look forward to hearing from you!
Feature image courtesy of the Wyndham Aspen Meadows Resort.
Welcome to The Points Guy!
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 three months of card membership. 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.
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.
- 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 US restaurants with your card within the first 3 months of membership.
- Accelerate your path to Medallion Status, with Status Boost®. Plus, in 2021 you can earn even more bonus Medallion® Qualification Miles (MQMs) to help you reach Medallion Status.
- 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