Hertz just rolled out a new chart of how you can use fewer points to offset the cost of a car rental. This is in addition to the standard award chart that they have for award rentals. On their traditional award chart, rentals cost a fixed number of points per day or per week, based on the class of car and whether it is a Standard award or an AnyDay award.
It’s no secret that I am a major fan of Hertz’s loyalty progam and find that it offers great value (SEE: Getting 13 cents per point on a car rental!). I love collecting Hertz points. I’ve lamented not picking any up during the last round of Daily Getaways, where they often sell packages at large discounts (SEE: 1 deal I should have jumped on during Daily Getaways).
Why Hertz’s new chart is very poor value
Hertz points offer arguably the best value, point for point, in the entire award travel world. I once got a massive 20 cents per point on a redemption (weekend one-way rental). The general range you should shoot for per Hertz point, in my opinion, is 8-12 cents per point. I wouldn’t take anything less than this.
Which makes the new chart a total joke. Here it is in all its ugliness:
Your points are *not* worth that. They are worth so much more. If you use 600 points to offset the cost of a rental by $30, you’re getting 5 cents per point. At the low end of the chart, you get half that value. It’s awful. Don’t do it. Just don’t.
If the daily rate of a Hertz vehicle is $30, just pay cash. A one-day rental award costs just 675 Hertz points anyway, so spending 600 for a $30 is objectively poor value when you can offset the whole rental with just a few more.
Conclusion
Maybe you live in a place where you can’t possibly get immense value out of your Hertz points, but I highly doubt it. I like to have enough on hand for a one-way rental, should I need it to get us home from the Bay Area.
What do you think of the new Hertz award chart?
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Maybe this is a sign of things to come, maybe hertz will offer free days based on the price
I tried doing a rental in NYC recently and my only option to use my ~8k points was this awful plan