Several loyalty programs kickstarted Q1 promotions of 2019 in January, here are the promotions currently available to buy points and miles;
Alaska Airlines MileagePlan – 40% Bonus
Alaska 40% more miles is applicable on minimum purchase of 30K miles, on transactions completed until February 22nd, 2019.
This promotion is tiered with 20% bonus on purchase of 5K miles. Minimum purchase of 30K points is required for the 40% bonus. The bonus tiers look like this;
Buy 5,000 — 19,000 miles = 20% bonus @ 2.46 CPM
Buy 20,000 — 29,000 miles = 30% bonus @ 2.27 CPM
Buy 30,000 — 60,000 miles = 40% bonus @ 2.1 CPM
Choice Privileges Rewards – 30% Discount
30% discount is available on purchase of 5000 points or more by February 18th, 2019. The value can be maximized by purchasing 50,000 points for $385 @ 0.77 CPP. Note that Choice privileges yearly limit for purchased points is 50K.
Hyatt – 30% Bonus
Underwhelming at first glance. However, its not often that Hyatt lets you purchase under 10K points with a bonus, so this promotion maybe handy for members looking for a quick top-up towards their next stay. Hyatt 30% bonus is available for purchases made until February 22, 2019.
The current 30% bonus kicks in with a minimum purchase of 5000 points. This can be handy for customers looking to top-up their accounts by <10,000 points. If you are in the market for more than 10K points, I would hold off for the 40% bonus to return. Note that the yearly limit on purchased points per account is 55,000.
With a 30% bonus, buying 5K points for $120 USD yields a total of 6500 points, at 1.85 cpp.
Hilton – 100% Bonus
100% bonus on purchase of 10K points or more. This is as good an opportunity to top up accounts towards a redemption or buy points outright for a planned stay. Hilton 100% bonus is available until February 26, 2019.
I value Hilton points at 0.6 CPM and this promotion yields 0.5 CPM, a good value! Purchase of 80K points would yield a total of 160K points for $800.
IHG – Up to 75% Bonus
Underwhelming again. We have seen 100% bonus offers pretty frequently from IHG, so this one is not the best in terms of value. However, you can maximize the 75% bonus with a value in the range of 0.57 – 0.65 CPP