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Just a quick heads-up that this Wednesday (15th May 2019) is your last chance to buy Marriott Points with a 25% discount in the current sale.
Does it Make Sense?
If you buy the maximum 50,000 points you will pay $468.75 (approximately £360). On a per point basis that works out to 0.94 US cents / 0.72p. That feels a bit too high for my liking.
One of the main reasons for buying SPG Starpoints before Marriott merged with SPG was to immediately convert them into airline miles, so we can revisit our standard analysis. You will need to convert 60,000 Marriott points in order to receive 25,000 airline miles. At these “per point” prices, you’d be effectively paying $564 for 25,000 miles, or 2.25 US cents per mile. Except for those mileage programmes that do NOT ever sell miles, you are usually going to be able to buy miles directly from the airline for less (during the airlines’ own promos at least).
What Else?
Even though on a valuation basis this price is a bit high, you might be aiming for a “fifth night free” reward booking. In that case, the potential discount on offer might be well worth “over-paying” to get 50,000 Marriott points quickly (the thought process is exactly the same as over-paying for a bunch of Avios in order to use a 2-for-1 voucher effectively.) As a reminder, this is what the award chart looks like (still no peak / off-peak pricing as yet…):
If you are going to buy, make sure to re-read this post where we tell you how to earn cashback on purchases of points.
Are you tempted by this offer? Or planning to wait until later in the year in case Marriott adjusts its discounting strategy further…
Pangolin says
It’s definitely too high. I would consider it around 0.5p if I was looking for a redemption but this offer is easy to pass on.