8/8 – Reposting as the last day to buy Wyndham Rewards points with the current bonus is Friday, August 9th
Wyndham Hotels is out with an extended offer to buy Wyndham Rewards points with a 40% bonus. Let’s examine it to see if / when it might make sense. The discount expires August 9th, so you have a few weeks to consider it.
Normally, Wyndham points cost $13.00 to purchase 1,000 points (tax included), for a purchase price of 1.30 cent per point. That might seem cheap, but remember, Wyndham points are only worth about 0.7 cents each, so at the normal rate, you’re paying a premium on the value. At the normal rate, it doesn’t make sense to buy Wyndham points in most cases.
What about with the discount offer?
If you buy 100,000 points, then with a 35% bonus offer you will get 135,000 points for $1,300, which brings the purchase price to 0.96 cents per point, which is closer to the normal redemption value, but still slightly higher.
While I’m generally against buying points speculatively, if you need some points for your next redemption, it could be worth topping up your account.
(SEE ALSO: When is buying miles worth it? Only in these 3 instances)
Using Wyndham Points to Book Vacasa Vacation Rentals
Probably the only time that it might make sense to buy Wyndham points is if you are planning on using them for an upcoming Vacasa vacation rental. You can use Wyndham Rewards points to book Vacasa vacation rentals at a rate of 15,000 points per bedroom (per night), and this is by far the best use of Wyndham points currently. You used to be able to get close to 3 cents per point value out of using Wyndham points in this way, however due to recent changes in the way things work, it’s hard to get more than 1.8 cents per point when using your Wyndham points this way. However, that IS still significantly higher than the cost to buy Wyndham points with this bonus, so if you have a specific Vacasa booking in mind, then buying Wyndham points with this bonus can still make sense.
We stayed in a “1 bedroom” condo in the Smoky Mountains that slept 10 (pictured above), and we have stayed in a 2 bedroom beachfront condo in Maui right on the ocean using Wyndham Rewards points. In both cases, we got well over 3 cents per point in value. So with that kind of redemption in mind, it doesn’t seem like a bad idea to buy points for under 1 cent per point. After all, 60,000 points would get you 4 nights in a 1 bedroom Vacasa vacation rental, and you’re unlikely to get one of those for under the $585 you’d spend buying points. Remember too that you get 10% off your price if you have a Wyndham credit card, making it only cost 13,500 points per bedroom per night.
Will you buy Wyndham Rewards points with a 35% bonus offer? Or will you wait for a better offer to come back?
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Dan I went to vacasa.com to look at a rental in Copper Mountain Colorado for random dates Nov 11-13 ( two night min stay). It showed $245 which seems pretty good but with fees of $229. That’s more than the cost of the stay! I’m not sure how it works with Wyndham points but it would suck my account dry if you have to include this fee cost into the point equation. With Hyatt if you pay with points it excludes taxes and such and for our last stay in Boca it was only 15k points per night. You didn’t mention this huge fee in your article but its a deal breaker for me getting the 75k fee free Wyndham Rewards Earners Card for making this vacasa booking work with points as you have for your Smokey Mountain trip.
When I booked my Vacasa with Wyndham points, all the taxes and fees were included in my points redemption, like with Hyatt. One thing to mention is that I believe Wyndham and Vacasa have slightly devalued since my original post, and with a cost over a certain amount it costs 30,000 points / night instead of 15,000 points / night
Well that changes everything. I believe the 3 cent value is gone and a double of the points needed kills this option in my opinion. La Quinta and the rest of their brands are sub par so hard to make a case for this card unless you like very budget hotels to rest your head if traveling across the USA.
Come on, it’s a little disingenuous for you to pretend you can get 3cpp value out of these at Vacasa when you darn well know (or SHOULD know) that you can’t get more than 1.8cpp out of these anymore.