Because Daily Getaways runs only about a month each year (in 2017, it runs April 10 through May 12), you have only so much time to participate. Here are some tips for working this year’s deals into your overall credit card rewards strategy.
How Daily Getaways works
Think of it as Groupon for travel discounts. Every day, the site offers up a different deal, which is available for that day only – and for a certain number of purchases only. There are hotel certificates up for grabs at a discount, luxury travel packages more.
But the most compelling offers are for hotel-rewards points. Unlike a certificate for night at a specific hotel, which will expire or have exclusions, the points deals allow you to purchase points for use toward any future stay. For example:
- On April 28, you can buy Choice Privileges points. For example: 32,000 Choice Privileges points for $132 (0.41 cents per point).
- On May 10, you will be able to buy Hyatt points. For example: 72,000 Hyatt points for $775 (1.1 cents per point).
- On April 12 (sorry, this one’s already expired), buyers had the chance to buy IHG points. For example: 100k IHG points for $589 (.58 cents per point).
Once you buy the deal, the points will be deposited into your loyalty account until you’re ready to use them (or until they expire per the terms of the reward program).
How to work Daily Getaways into your rewards strategy
Daily Getaways, being as ephemeral as they are, can’t replace the sustained long-term rewards you get from a rewards credit card (or from participating in a hotel’s loyalty program). But they work great in tandem with credit card rewards:
- Double dip: Daily Getaways purchases code as travel, making them eligible for bonus earnings on cards that have travel categories, according to Million Mile Secrets. If you have a rewards card that includes “travel” as a bonus category, use it to purchase a Daily Getaways deal and receive 1) the points you’d get from Daily Getaways plus 2) bonus points in your card’s rewards program.
For example, the Chase Sapphire Preferred rewards 2X points on travel purchases. If used to take advantage of the 100k Daily Getaways offer for IHG, you’d spend $1,178 and get 200k IHG points plus 2,359 Chase Ultimate Rewards points (which, by the way, you can transfer from Chase to IHG).
- Get more out of a sign-up bonus: Need to spend a couple grand on your card in the first few months to get a sign-up bonus? Using a Daily Getaways deals will help you make progress toward a card’s minimum spending requirement AND will leave you with some points to show for it. Say you’re planning a honeymoon. The Hyatt Credit Card offers a sign-up bonus of 2 free nights (at any Hyatt hotel or resort worldwide) after you spend $2,000 on purchases in the first three months. Using Daily Getaways to spend $775 on 72,000 Hyatt Points gets you nearly half of the way there and gives you additional points for your honeymoon.
Do your homework first
Daily Getaways generally offer points at a significant discount. But first check your hotel program’s website. Some hotel programs will offer limited-time bonuses for points purchases themselves. IHG, for example, has offered 100 percent bonuses in the past on purchased points (meaning you’re buying them for 0.57 cents each – slightly better than the recent Daily Getaways deal).
So, before jumping on a Daily Getways deal, research how generous your program of choice has been historically and see if it’s running a better promotion the same day as Daily Getaways. If you can buy points cheaper elsewhere, that doesn’t necessarily mean you should pass on a Daily Getaways Deal in favor of a promotion your hotel loyalty program is running — you might consider taking advantage of both.