Marriott Bonvoy has just released a new limited-time promotion which might be of interest for those with upcoming hotel stays. Without a doubt, this is one of the best offers ever from Marriott on purchasing Bonvoy points.
From November 19 until November 25, 2020, Marriott Bonvoy is offering a 60% bonus on purchased points when you buy at least 2,000 points in one transaction.
During this lucrative promotion, Marriott Bonvoy members can buy up to a maximum of 150,000 points, pre-bonus. Keep in mind that any points already purchased this year count towards that limit. E.g. if you already bought 50,000 points earlier in 2020, you would only be able to buy 100,000 points during this promo.
Thus, if you decide to buy the maximum of 150,000 points, you would earn 90,000 bonus points for a total of 240,000 points. This would cost $1,875 USD (approximately $2,455 CAD).
Marriott Bonvoy usually charges 1.25 US cents per purchased point. But with this new promotion, you’re potentially looking at paying just 0.78 US cents per point or approx $1.02 CAD per point.
So, what are some of the uses for Bonvoy points?
Obviously, Bonvoy points can be redeemed for hotel nights at Marriott properties. But they can also be converted to over 40 different airline frequent flyer programs. Additionally, you can redeem your points for unique experiences and events with Marriott Bonvoy Moments.
Please refer to my previous article for more tips and strategies to use when redeeming Marriott Bonvoy points.
Use Marriott Bonvoy points for hotel stays
You can redeem Bonvoy points at 6,700 Marriott properties world wide based on their reward chart.
As a reminder, the Marriott Bonvoy reward chart is based on 8 categories with off-peak, standard and peak pricing.
Each Marriott hotel is assigned to a particular category. So, the number of points required for a free hotel night will vary depending on occupancy and the time of year.
Here is the Marriott Bonvoy hotel reward chart.
So, if you have any upcoming hotel stays, it could be cheaper to use points instead of paying cash.
For example, the TownePlace Suites hotel in Petawawa, Ontario is a category 1 hotel (one of the few in Eastern Canada). For the first 2 weeks of December, it’s only 5,000 or 7,500 points per night to stay at this hotel.
With this 60% bonus points promotion, you could purchase:
- 6,400 Bonvoy points for $50 USD (~65.50 CAD)
- 8,000 Bonvoy points for $62.50 USD (~$82 CAD)
For the same time period, a stay at this hotel costs anywhere between $137 and $141 CAD per night! Therefore, it makes much more sense to buy and redeem points for your stay rather than paying cash.
I stayed at this hotel last July so check out my full review of the TownePlace Suites Petawawa.
Terms and conditions
There are some terms and conditions to be aware of for this promotion. Notably, no refunds will be permitted. So, make sure you have a specified use in mind before buying points.
Also, new Marriott Bonvoy members can purchase points depending on their situation.
- within 30 days after enrollment with qualifying account activity (e.g. hotel stay)
- within 1 year from enrollment regardless of account activity.
Keep in mind that purchases are processed by points.com and not directly with Marriott. This means that if you buy points with the Amex Marriott Bonvoy card, you’ll earn at the everyday regular rate of 2 points per dollar spent.
Finally, purchased points do not count towards Marriott Bonvoy Elite status and can take up to 7 business days to process.
Marriott is currently offering one of their best promotions with a 60% bonus on buying Bonvoy points (until Nov 25, 2020). Members can buy up to 240,000 points at rate of 0.78 US cents or $1.02 CAD per point.
Bonvoy points have multiple uses but are best used for hotel stays. Therefore, this promotion could be great deal if you have any upcoming hotel stays in 2021 as it could be cheaper to use points instead of paying cash.
Finally, I would only suggest buying Bonvoy points with a specific use in mind as there are no refunds allowed!
Will you be buying Bonvoy points during this promotion? Let me know in the comments below.
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