We may receive a commission when you use our links. Monkey Miles is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com and CardRatings. This relationship may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Monkey Miles is also a Senior Advisor to Bilt Rewards. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Buy Choice Points with a 30% discount
If you’re like me, odds are, when you hear the name Choice hotels, the likes of Quality Inn, Comfort Suites, etc come to mind. Great budget minded hotels, but the thought of getting pampered silly isn’t synonymous with the brand. That’s where we are both a bit wrong. While the overall hotel chain isn’t taking the luxury hotel market head on, their points program actually does an excellent job of opening up high end redemption options through their partnership with Preferred hotels.
Choice Hotels and Preferred Hotels:
If you’re unfamiliar with Preferred hotels, they are a collection of independent luxury hotels ( some 650+ ) around the world. Choice…allows the usage of their points for redemption. VOILA!
Miles – I don’t have any Choice hotel points. You can buy up to 180k points with a 30% discount until June 12th, 2020
This is a solid deal on the purchase price, but I will point to the fact that Choice ran a similar price last fall; however, they allowed you to purchase up to 250k. This promo limits purchases to 180k.
Choice is currently offering a 30% discount on purchased points when you buy 3k or more points ( 69/100 of one cent ).
Other ways to buy Choice points: cash + points redemption program
If you’re familiar with the IHG cash + points trick this one is very similar. Essentially, as long as you have a minimum of 6k points in your account, you can buy the remaining points needed for a redemption at just $7.50 per 1000 points.
You just need to make sure you follow these rules/steps set forth by Choice:
Any other ways to go about getting points? Hello Amex and Citi.
Other than just buying the 6k points when there is a juicy sale, you can just transfer the 6k points over 1:1 from your Amex account. The transfer is instant and you’ll be able to start booking Cash + Points awards. We wouldn’t advise using any more than 6k to boost your account solely because Amex points are worth far more than $0.007 you’ll pay to buy what you need with Choice.
Places I’d love to use points to stay at:
The calendar seems to have restrictions on it, and often times if you’re looking to book far in advance you’ll see no availability. This doesn’t mean that you won’t be able to book that property, but rather it’s not loaded, and therefore not showing definitive space one way or another.
An example of HUGE savings. The Kahala Hawaii.
Preferred hotels can’t be booked online, you need to phone in, but you can check avail and search redemption levels at Preferred hotels here. The Kahala is a historic hotel in Honolulu Hawaii and has some pretty pricey rates. Hawaii also is reopening to tourists soon with a mandatory 14 day quarantine. Predictably, this property is priced at the top of Choice’s redemption level at 55k points.
It’s wide open in July
Buying the points is almost half the price.
What if I need to cancel? This is actually a great workaround.
Much in the same vein as IHG’s program, the refund is solely in the form of points. So in the above scenarios, the 110k points would be refunded, not the money paid to buy the points.
If for some reason a phone rep gives you a hard time about buying points via the “points + cash” program for Preferred Hotels properties…don’t argue, simply hang up and find a hotel within the broader Choice umbrella that you can make a dummy booking with to buy the points needed. Cancel it and the points will be deposited in your account. Phone back in with the needed points in your account and book the property you want.
Is there a maximum amount of points you can buy.
Yes, 180k with the promo, and 250k with cash and points.
Not just 5 star hotels
Properties like the Montage Beverly are stupid expensive. Hell, even at $400ish a night they are really expensive, but for a special occasion, perhaps more within reach than the nearly $700/night the hotel would charge you. We like to illustrate ways of accessing flights and hotels that are aspirational, but these tricks can be applied to most any price point. Hope this has helped!
*featured image courtesy of Kahala
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
60k Points after $4k spend in 3 months
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 60k points after $4k spend in 3 months
- Worth $750 in Chase Travel℠ and way more if you maximize transfer partners
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
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.