Marriott has recently launched a points sale promotion, offering Bonvoy members a bonus of up to 40% when they purchase points before the end of March. This article will discuss the details of the promotion, evaluate whether it is a good deal, and provide tips on maximizing the value of Marriott Bonvoy points.
The promotion allows Bonvoy members to receive a 40% bonus when they purchase 2,000 – 100,000 points. Transactions must be completed between February 8, 2024, and March 31, 2024, to be eligible for the bonus. It is worth noting that this promotion may be targeted, as the terms and conditions state that the bonus offer is only available to members who had a qualifying stay between October 1, 2023, and December 31, 2023. It is unclear if this means that members who did not stay with Marriott during that period are excluded from the promotion.
The cost per point varies depending on the quantity purchased. For example, if a member buys 2,000 points, they will receive a bonus of 40%, resulting in a total of 2,800 points for $25. This equates to a cost per point of approximately 0.89 cents. On the other hand, if a member purchases 100,000 points, they will receive a total of 140,000 points for $1,250, which comes to a cost per point of approximately 0.83 cents.
While this promotion may not be the best deal Marriott has offered in the past, it is still a decent offer. Marriott Bonvoy points are typically valued at around 0.6 cents each, so purchasing points at less than 0.9 cents each can provide some savings. However, it is essential to carefully consider how the points will be used to ensure that they are utilized effectively.
Despite Marriott’s move to dynamic pricing, it is still possible to find stays where each Bonvoy point provides at least 1 cent of value. For example, properties like the St Regis NYC and St Regis Bal Harbour can offer 1.25 cents and over 1.8 cents of value per point, respectively. It is crucial to conduct thorough research and run the numbers before making a booking to ensure that the points will be used in a valuable way.
When purchasing Marriott Bonvoy points, it is important to note that the transaction is processed by Points.com. As a result, it is not possible to earn bonus points by using a credit card that offers rewards for spending in the travel or hotel categories. However, this can be an opportunity to boost spending towards a welcome bonus on a credit card or to earn more of a preferred currency.
In conclusion, the Marriott points sale promotion can be a good opportunity for Bonvoy members to purchase points with a bonus of up to 40%. The value of the deal depends on how the points will be used, and it is essential to carefully consider the cost per point and compare it to the cash rate of a desired property. By following these guidelines, members can make an informed decision on whether or not to purchase Marriott Bonvoy points during this promotion.