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January presented us with a plethora of point buying opportunities on many of my favorite currencies, and those deals are set to expire soon. I always want to reiterate – buying points for the sake of boosting your balance isn’t the best decision. Rather, buy points when you know you have a trip you’re looking to book, and the cost of buying points is less than you’d pay otherwise.
For instance, Alaska Airlines has time and time again shown itself to be one of the most valuable airline programs for longhaul premium cabin redemptions. Just last year I used them to fly Qantas First Class, Qantas Business Class, Cathay Pacific Business Class and First Class all on one trip to Australia. Total haul? 150k points/pp for nearly $40k worth of flights.
It doesn’t stop with airlines, hotel programs like IHG, Hyatt, and Hilton are marketing their points at prices that make dream locations like Bora Bora within reach. Here’s a list of current sales, their expiration dates, links to articles where we spell out the deals in more detail.
Buy Alaska Miles with a 40% bonus – February 22nd.
For more information – check out this post.
Buy Hyatt points with a 30% bonus = 1.85c a piece – February 22nd
Check out this post to read in more detail
Buy IHG points with a 75% bonus – February 28th
We just stayed at IHG’s best new hotel in London using IHG points, the Kimpton London Fitzroy.
Buy Choice points with a 30% discount – February 18th
Read how you can use Choice points to stay at luxurious Preferred hotel resorts
Buy Hilton Points with 100% bonus = 1/2 cent – through February 26th
Hello Bora Bora for a massive discount
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
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 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, 2027.
- $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.
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