Swapping Points for a Ski Trip to Aspen — Reader Success Story
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 info@thepointsguy.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!
TPG featured card
at American Express's secure site
Terms & restrictions apply. See rates & fees.
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 5X | New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App. |
| 3X | Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines. |
| 2X | Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Pros
- Valuable dining and food-related credits
- Flexible rewards with airline and hotel transfer partners
- Multiple travel and purchase protections
- No foreign transaction fees
- Access to Amex Offers for additional savings (enrollment required)
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
- Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
- Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- Pay It® lets you tap in the American Express® App to quickly pay for small purchase amounts throughout the month and still earn rewards the way you usually do. Plan It® gives you the option to split up big purchases into equal monthly payments with a fixed fee. You’ll know upfront exactly how much you’ll pay.
- Updated! $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub (including Seamless), Buffalo Wild Wings, Five Guys, The Cheesecake Factory, and Wonder. This can be an annual savings of up to $120. Enrollment required.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year at over 10,000 qualifying U.S. Resy restaurants after you pay for eligible purchases with the American Express® Gold Card. That’s up to $50 in statement credits semi-annually. Enrollment required.
- $84 Dunkin' Credit: Earn up to $7 in monthly statement credits after you pay with the American Express® Gold Card at U.S. Dunkin’ locations. Enrollment required.
- $120 Uber Cash on Gold: Enjoy up to $120 in Uber Cash annually with your Gold Card. Just add your Card to your Uber account and you'll get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an Amex Card for your transaction.
- New! As an American Express® Gold Card Member, you can enjoy complimentary Hertz Five Star® Status. Enjoy benefits like skipping the counter at select locations, adding an additional driver at no additional cost*, and vehicle upgrades**. Benefit enrollment and Hertz Gold+ registration are required. *Additional drivers must meet standard rental qualifications and must be a spouse or domestic partner to qualify as complimentary. Other additional drivers subject to fees. **Benefits are subject to availability and vary by location. Additional Hertz program Terms and Conditions including age restrictions apply.
- Take advantage of a $100 credit towards eligible charges* at over 1,300 upscale hotels worldwide when you book The Hotel Collection through AmexTravel.com or the Amex Travel App **. *Eligible charges vary by property. **The Hotel Collection requires a two-night minimum stay.
- Book your travel through the Amex Travel App with added peace of mind – backed by American Express® service and support. Only for American Express® Card Members.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.