Radisson Rewards, the loyalty scheme for Radisson, Park Plaza and Park Inn, is offering a bonus of up to 100% when you buy points. This is as big a bonus as you ever get on Radisson Rewards points.
The link is here. It runs until 25th October.
There is no taper. You receive the 100% bonus on however many points you buy. This makes the deal worthwhile even if you are just topping off your account. The cap is 80,000 points.
I tend to value Radisson Rewards points at 0.33p. My list of the best American Express Membership Rewards transfer options puts Radisson Rewards near the top. The transfer rate is 1:3 and I value that at 1p per American Express point.
Via this offer, you are paying just 0.27p per point which is far lower than my valuation. This means, in theory, there are deals to be had.
The issue, of course, is that hotel pricing is all over the place at the moment. Some UK hotels in tourist spots are going for record prices, whilst traditional tourist hot spots overseas are going very cheaply – but you can’t get there!
Traditional sweet spots include the Radisson Blu Hotel Waterfront in Cape Town. It offers a two-bedroom sea-view suite as a ‘family room’ redemption. It is 110 square metres and usually sells for well over £700. 87,500 points (costing £238 with the 100% bonus) is therefore an outstanding opportunity.
At the moment you will pay a lot less than £700 for that room, but of course you’re not getting in. Will it spike back to £700 for cash when UK tourists are eventually allowed, and South Africa comes off the UK quarantine list? Who knows.
The same goes for the new Radisson Hotel New York Times Square, pictured below. This is on 8th Avenue. The hotel website is here.
It is a new build, not a conversion, which is generally a good sign in terms of build quality. It is two blocks from both Penn Station and Madison Square Garden, in what is known as Midtown West. It has 320 rooms, of which 70 have Empire State Building views. There is also a seasonal rooftop cocktail bar which takes in the Empire State Building, the Hudson Yards development including The Edge observation deck and the Hudson River.
As a redemption, this is 70,000 points (£190-worth of points in this sale). You normally wouldn’t get a decent New York hotel for this money in peak season, but you can today. Will buying points to redeem here look smart if rates are at £400+ next Summer?
If you are willing to sit on the points for a couple of years, I am certain (assuming no devaluation) that you will come out on top.
If you have a few Radisson points and want to top them up to get to the right level for an award, this is also a good time to do it.
The link to buy Radisson Rewards points is here.
How to earn Radisson Rewards points from UK credit cards (November 2020)
Radisson Rewards does not have a dedicated UK credit card. However, you can earn Radisson Rewards points by converting Membership Rewards points earned from selected UK American Express cards. These include:
- American Express Preferred Rewards Gold (review here, apply here) – sign-up bonus of 20,000 Membership Rewards points converts into 60,000 Radisson Rewards points. This card is FREE for your first year and also comes with two airport lounge passes.
- The Platinum Card from American Express (review here, apply here) – sign-up bonus of 30,000 Membership Rewards points converts into 90,000 Radisson Rewards points
- American Express Rewards credit card (review here, apply here) – sign-up bonus of 5,000 Membership Rewards points converts into 15,000 Radisson Rewards points. This card is FREE for life.
Membership Rewards points convert at 1:3 into Radisson Rewards points which is a very attractive rate. The cards above all earn 1 Membership Rewards point per £1 spent on your card, which converts to 3 Radisson Rewards points.
Even better, holders of The Platinum Card receive free Radisson Rewards Gold status for as long as they hold the card. It also comes with Hilton Honors Gold, Marriott Bonvoy Gold, Shangri-La Golden Circle Jade and MeliaRewards Gold status. We reviewed American Express Platinum in detail here.
(Want to earn more hotel points? Click here to see our complete list of promotions from the major hotel chains or use the ‘Hotel Promos’ link in the menu bar at the top of the page.)