topic Re: 8% Back on Chase Marriott Bonvoy Boundless NEW in Credit Cards

8% Back on Chase Marriott Bonvoy Boundless NEW

Aim_High — Thu, 16 Jul 2020 17:09:34 GMT

Just got an email this morning about a special offer on my

Chase Marriott Bonvoy Boundless Visa.

Get 10x points back on

Gas and Dining Out (including food delivery)

from July 15 - September 15

on up to $3,500 in purchases.

>>>> ACTIVATION is required! <<<<

With Marriott points being worth about 8/10 of a cent each, that works out to an 8% on $3,500 or effectively $280 if you can take advantage of the whole offer. Not bad!

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

K-in-Boston — Thu, 16 Jul 2020 16:51:01 GMT

I'd put it at more like 15-20% back, but I'm selective with my redemptions. Either way, it's a sweet offer. Just wish Amex would offer some of these Marriott card earnings besides the 6x on grocery through the end of this month.

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Aim_High — Thu, 16 Jul 2020 17:09:05 GMT

@K-in-Boston wrote:
I'd put it at more like 15-20% back, but I'm selective with my redemptions. Either way, it's a sweet offer. Just wish Amex would offer some of these Marriott card earnings besides the 6x on grocery through the end of this month.

Yes, as always with points, YMMV and I'm sure you're quite savvy at how you redeem! On the forums, I typically refer back to thepointsguy website's monthly average valuation estimates as a benchmark. They seem fairly accurate on-the-whole. Maybe you'll get an email soon about some enhancements to the AMEX program as well! Didn't they mirror the Chase Bonvoy program offerings pretty closely in the last couple of months?

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

adelphi_sky — Fri, 17 Jul 2020 13:38:56 GMT

@Aim_High wrote:
@K-in-Boston wrote:
I'd put it at more like 15-20% back, but I'm selective with my redemptions. Either way, it's a sweet offer. Just wish Amex would offer some of these Marriott card earnings besides the 6x on grocery through the end of this month.
Yes, as always with points, YMMV and I'm sure you're quite savvy at how you redeem! On the forums, I typically refer back to thepointsguy website's monthly average valuation estimates as a benchmark. They seem fairly accurate on-the-whole. Maybe you'll get an email soon about some enhancements to the AMEX program as well! Didn't they mirror the Chase Bonvoy program offerings pretty closely in the last couple of months?

Wait. Enhancements to the AMEX program? Huh?

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

K-in-Boston — Fri, 17 Jul 2020 14:59:20 GMT

Amex added 6x for supermarkets through the end of July, and restaurants can trigger the $300 credit through the end of August.

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Aim_High — Sat, 18 Jul 2020 01:18:13 GMT

@adelphi_sky wrote:
@Aim_High wrote:
@K-in-Boston wrote:
I'd put it at more like 15-20% back, but I'm selective with my redemptions. Either way, it's a sweet offer. Just wish Amex would offer some of these Marriott card earnings besides the 6x on grocery through the end of this month.
Yes, as always with points, YMMV and I'm sure you're quite savvy at how you redeem! On the forums, I typically refer back to thepointsguy website's monthly average valuation estimates as a benchmark. They seem fairly accurate on-the-whole. Maybe you'll get an email soon about some enhancements to the AMEX program as well! Didn't they mirror the Chase Bonvoy program offerings pretty closely in the last couple of months?
Wait. Enhancements to the AMEX program? Huh?

More of those (temporary) coronavirus changes that some lenders are particularly making to the AF travel cards to retain customers or offer them some alternative value.

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

SouthJamaica — Sat, 18 Jul 2020 14:06:51 GMT

@K-in-Boston wrote:
I'd put it at more like 15-20% back, but I'm selective with my redemptions. Either way, it's a sweet offer. Just wish Amex would offer some of these Marriott card earnings besides the 6x on grocery through the end of this month.

I'd put it at more like 3%, since Marriott points have been worth less than a third of a cent for me.

Actually, I'd just put it at 10 points, rather than pick a percentage.

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

K-in-Boston — Sat, 18 Jul 2020 15:09:22 GMT

@SouthJamaica how on earth can you possibly be getting such bad redemptions? Pretty much the worst case I could see would be converting to Delta SkyMiles and redeeming for Main Cabin domestic airfare and that would still be 0.5 cpp, making this a "5% back" offer. Even trying to find a bad redemption for a Marriott award, I can't see anything under 0.6 cpp. I suppose if you can find a really good cash booking right now (quite likely with demand being so low at the moment) anything is possible, but that's certainly not the norm.

A cursory search of a few random cities is giving me 1.73 cpp at Fairfield Inn & Suites Tampa North, 1.2 cpp at Courtyard Boise Downtown, 2.02 cpp at Ritz-Carlton Central Park, and 2.09 cpp at The Chatwal NYC. Those are all "slightly" better than the 0.3 cpp you're stating. When you're calculating point value with Marriott, are you comparing the full price for all nights with taxes included and not accidentally calculating the total points needed for an award by the average nightly rate (easy to do because of the way Marriott displays those values side by side)?

I've used a few million Marriott points over the past few years. I've had as high as 6 cpp and one single stay at 1.1 cpp, but I am rather consistently in the 1.5 to 2.5 cpp range.

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

SouthJamaica — Sat, 18 Jul 2020 15:58:12 GMT

@K-in-Boston wrote:
@SouthJamaica how on earth can you possibly be getting such bad redemptions? Pretty much the worst case I could see would be converting to Delta SkyMiles and redeeming for Main Cabin domestic airfare and that would still be 0.5 cpp, making this a "5% back" offer. Even trying to find a bad redemption for a Marriott award, I can't see anything under 0.6 cpp. I suppose if you can find a really good cash booking right now (quite likely with demand being so low at the moment) anything is possible, but that's certainly not the norm.

A cursory search of a few random cities is giving me 1.73 cpp at Fairfield Inn & Suites Tampa North, 1.2 cpp at Courtyard Boise Downtown, 2.02 cpp at Ritz-Carlton Central Park, and 2.09 cpp at The Chatwal NYC. Those are all "slightly" better than the 0.3 cpp you're stating. When you're calculating point value with Marriott, are you comparing the full price for all nights with taxes included and not accidentally calculating the total points needed for an award by the average nightly rate (easy to do because of the way Marriott displays those values side by side)?

I've used a few million Marriott points over the past few years. I've had as high as 6 cpp and one single stay at 1.1 cpp, but I am rather consistently in the 1.5 to 2.5 cpp range.

My trick to getting such bad redemptions is that I look for hotel rooms to pay with points. ~~The other day I saw 50,000 points for a $147 room, which is pretty typical to what I usually see.~~

I'm all ears if you're going to tell me how to do better You are my leader in that department

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

SouthJamaica — Sat, 18 Jul 2020 15:59:14 GMT

@K-in-Boston wrote:
@SouthJamaica how on earth can you possibly be getting such bad redemptions? Pretty much the worst case I could see would be converting to Delta SkyMiles and redeeming for Main Cabin domestic airfare and that would still be 0.5 cpp, making this a "5% back" offer. Even trying to find a bad redemption for a Marriott award, I can't see anything under 0.6 cpp. I suppose if you can find a really good cash booking right now (quite likely with demand being so low at the moment) anything is possible, but that's certainly not the norm.

A cursory search of a few random cities is giving me 1.73 cpp at Fairfield Inn & Suites Tampa North, 1.2 cpp at Courtyard Boise Downtown, 2.02 cpp at Ritz-Carlton Central Park, and 2.09 cpp at The Chatwal NYC. Those are all "slightly" better than the 0.3 cpp you're stating. When you're calculating point value with Marriott, are you comparing the full price for all nights with taxes included and not accidentally calculating the total points needed for an award by the average nightly rate (easy to do because of the way Marriott displays those values side by side)?

I've used a few million Marriott points over the past few years. I've had as high as 6 cpp and one single stay at 1.1 cpp, but I am rather consistently in the 1.5 to 2.5 cpp range.

You're right that I was reading it wrong the other day. I just did a search and got this:

25k points for a $117 room ( .468 cents)

17500 points for a $175 room (1.0 cents)

25k points for a $136 room ( .544 cents)

60k points for a $401 room ( .668 cents)

You're right that I was comparing apples to oranges the other day, because I was looking at point total for 2-day stay and comparing it to the cash price for one night. But usually I'm just searching for 1 day, and the above numbers are better than what I usually find. I don't think I've ever before found anything with a 1 cent value or even the .668 cent value. I think usually I've gotten around .4 cents per point.

But now I'm curious, what are the good ways to redeem them?

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

K-in-Boston — Sat, 18 Jul 2020 16:25:44 GMT

@SouthJamaica wrote:
@K-in-Boston wrote:
@SouthJamaica how on earth can you possibly be getting such bad redemptions? Pretty much the worst case I could see would be converting to Delta SkyMiles and redeeming for Main Cabin domestic airfare and that would still be 0.5 cpp, making this a "5% back" offer. Even trying to find a bad redemption for a Marriott award, I can't see anything under 0.6 cpp. I suppose if you can find a really good cash booking right now (quite likely with demand being so low at the moment) anything is possible, but that's certainly not the norm.

A cursory search of a few random cities is giving me 1.73 cpp at Fairfield Inn & Suites Tampa North, 1.2 cpp at Courtyard Boise Downtown, 2.02 cpp at Ritz-Carlton Central Park, and 2.09 cpp at The Chatwal NYC. Those are all "slightly" better than the 0.3 cpp you're stating. When you're calculating point value with Marriott, are you comparing the full price for all nights with taxes included and not accidentally calculating the total points needed for an award by the average nightly rate (easy to do because of the way Marriott displays those values side by side)?

I've used a few million Marriott points over the past few years. I've had as high as 6 cpp and one single stay at 1.1 cpp, but I am rather consistently in the 1.5 to 2.5 cpp range.
You're right that I was reading it wrong the other day. I just did a search and got this:

25k points for a $117 room ( .468 cents)
17500 points for a $175 room (1.0 cents)
25k points for a $136 room ( .544 cents)
60k points for a $401 room ( .668 cents)

You're right that I was comparing apples to oranges the other day, because I was looking at point total for 2-day stay and comparing it to the cash price for one night. But usually I'm just searching for 1 day, and the above numbers are better than what I usually find. I don't think I've ever before found anything with a 1 cent value or even the .668 cent value. I think usually I've gotten around .4 cents per point.

But now I'm curious, what are the good ways to redeem them?

I caught your strike-through on the previous post as I hit the reply button and went back. I was going to say that I can see 50k for a sub-$200 room being a possibility right now. That would be a standard Category 6 or Off-Peak Category 7 property, which would mean you're looking at Ritz-Carlton or St. Regis type properties or possibly Marriott and Sheraton properties in normally very high demand areas such as Times Square. Since the points total seemed to be for 2 days, that's for a much lower category hotel - and certainly there are probably some really good cash values right now.

With hotels, it's really going to depend on where and when you're going, and what the cash price would be. One definite thing to take advantage of would be the 5th night free; if you are staying in 5 night increments that automatically increases your value by 25%. Using points for a hotel booking right now may not be a good value as demand is at an all-time low and cheap cash rates are likely as they try to get any business they can. But looking ahead into the future a bit when the hotels are optimistic that things will start to get back to normal, the redemption rates vs the cash prices are much better.

A fairly typical use of Marriott points might be to convert them to Virgin Atlantic miles for booking a Delta J or F award. If we move 240k Marriott points to Virgin, that becomes 100k Virgin miles. We'll use random dates in November and fly from Minneapolis to Paris round-trip in business class, which costs 100k miles plus $150.45 in taxes and fees. Subtracting the taxes and fees from the cash price, that gives us 2.35 cpp for our Marriott points.

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Loquat — Sat, 18 Jul 2020 17:33:45 GMT

I'm guessing this is a targeted offer as I've tried to register my Ritz card a few times only to be told that the offer isn't available for my card. Seems like quite a few folks over a DoC are getting the same response.

Nonetheless I would be happy with such an offer. Even if I didn't burn them at Marriott it still makes for a 3 miles/$1 if I were to move them to one of the many mileage programs that partners with Marriott.

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

SouthJamaica — Sat, 18 Jul 2020 21:16:40 GMT

@K-in-Boston wrote:
@SouthJamaica wrote:
@K-in-Boston wrote:
@SouthJamaica how on earth can you possibly be getting such bad redemptions? Pretty much the worst case I could see would be converting to Delta SkyMiles and redeeming for Main Cabin domestic airfare and that would still be 0.5 cpp, making this a "5% back" offer. Even trying to find a bad redemption for a Marriott award, I can't see anything under 0.6 cpp. I suppose if you can find a really good cash booking right now (quite likely with demand being so low at the moment) anything is possible, but that's certainly not the norm.

A cursory search of a few random cities is giving me 1.73 cpp at Fairfield Inn & Suites Tampa North, 1.2 cpp at Courtyard Boise Downtown, 2.02 cpp at Ritz-Carlton Central Park, and 2.09 cpp at The Chatwal NYC. Those are all "slightly" better than the 0.3 cpp you're stating. When you're calculating point value with Marriott, are you comparing the full price for all nights with taxes included and not accidentally calculating the total points needed for an award by the average nightly rate (easy to do because of the way Marriott displays those values side by side)?

I've used a few million Marriott points over the past few years. I've had as high as 6 cpp and one single stay at 1.1 cpp, but I am rather consistently in the 1.5 to 2.5 cpp range.
You're right that I was reading it wrong the other day. I just did a search and got this:

25k points for a $117 room ( .468 cents)
17500 points for a $175 room (1.0 cents)
25k points for a $136 room ( .544 cents)
60k points for a $401 room ( .668 cents)

You're right that I was comparing apples to oranges the other day, because I was looking at point total for 2-day stay and comparing it to the cash price for one night. But usually I'm just searching for 1 day, and the above numbers are better than what I usually find. I don't think I've ever before found anything with a 1 cent value or even the .668 cent value. I think usually I've gotten around .4 cents per point.

But now I'm curious, what are the good ways to redeem them?
I caught your strike-through on the previous post as I hit the reply button and went back. I was going to say that I can see 50k for a sub-$200 room being a possibility right now. That would be a standard Category 6 or Off-Peak Category 7 property, which would mean you're looking at Ritz-Carlton or St. Regis type properties or possibly Marriott and Sheraton properties in normally very high demand areas such as Times Square. Since the points total seemed to be for 2 days, that's for a much lower category hotel - and certainly there are probably some really good cash values right now.

With hotels, it's really going to depend on where and when you're going, and what the cash price would be. One definite thing to take advantage of would be the 5th night free; if you are staying in 5 night increments that automatically increases your value by 25%. Using points for a hotel booking right now may not be a good value as demand is at an all-time low and cheap cash rates are likely as they try to get any business they can. But looking ahead into the future a bit when the hotels are optimistic that things will start to get back to normal, the redemption rates vs the cash prices are much better.

A fairly typical use of Marriott points might be to convert them to Virgin Atlantic miles for booking a Delta J or F award. If we move 240k Marriott points to Virgin, that becomes 100k Virgin miles. We'll use random dates in November and fly from Minneapolis to Paris round-trip in business class, which costs 100k miles plus $150.45 in taxes and fees. Subtracting the taxes and fees from the cash price, that gives us 2.35 cpp for our Marriott points.

I guess the reality for me is that since I am basically a budget traveler, and a small time one at that, the value for me is in the sub 1-cent category. I never would stay in the same hotel for 5 nights; I wouldn't be caught dead in business class*; I rarely travel overseas.

* Unless of course someone else was paying for it.

topic Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW* in Credit Cards

8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

Re: 8% Back on Chase Marriott Bonvoy Boundless *NEW*

topic Re: 8% Back on Chase Marriott Bonvoy Boundless NEW in Credit Cards

8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW

Re: 8% Back on Chase Marriott Bonvoy Boundless NEW