Showing posts with label hotels. Show all posts
Showing posts with label hotels. Show all posts

Sunday, December 4, 2011

Maximizing points from miscellaneous travel expenses




When you travel a lot, the obvious ways to save money and/or earn points are on the flight and the hotel. But there are ways to get points from all the miscellaneous expenses as well.

Rental cars: if you need to rent a car, going directly to the rental company's website will earn you nothing. But clicking through the Ultimate Rewards Mall will get you an extra 3x UR points for booking at Avis and 2x UR points through Hotwire.

Booking hotels: Most of the time, I use my Starwood Preferred Guest points to pay for hotels, but if there isn't one nearby or with low availability, I have to pay for hotels sometimes. Shopping hotels.com through Ultimate Rewards nets you a bonus 4X for every dollar you spend.. a $200 hotel nets you 1000 Ultimate Rewards points!  Of course, you should check American Express Travel also, to compare who's offering more points for spend.

Taxis and transport: Little costs like this add up over time. A $15 taxi here, $7 metro fare there. Use a card like the Chase Sapphire Preferred card, and you'll get 2X bonus points for these types of charges.

Make every charge count. Rather than using cash when you're traveling for anything, put everything on a card, and earn points while you're at it!

Sunday, November 20, 2011

My infrequent use of Priceline.com for hotels



I never pay just full price for a hotel, and you should make it a habit not to as well. Thanks to my American Express Platinum card, I have Starwood Preferred Guest (SPG) Gold status automatically. This means I usually get rooms for free using points or very cheap using points and cash.

However, I'll save the Starwood discussion for another time, since I didn't use them this time for my early NYC interview. After searching for awhile on hotels.com, booking.com, and getaroom.com, I found that the cheapest hotel I could find was around $375 per night, or $290 for a dingy hotel.  I find no benefit from paying full price for a random hotel that I had no elite status with.

So I turned to Better Bidding, a free open forum where people bid on hotels on Priceline's Name Your Own Price and post their winning results.  Someone considering making a bid can search the city, neighborhood, number of stars, and winning price for a given hotel in the past.

Browsing the Better Bidding forum, I searched for 2.5-star and 3-star hotels in the neighborhood of my interview and saw that a past winning prices were around $120 and $150, respectively. So to try and get a better deal, I went on Priceline and offered $130 for a 3-star hotel, which was rejected. The bidding rules with Priceline are that for a given set of search criteria (city, neighborhood, stars), you can only make on bid every 24 hours. However, if you change any of the criteria, such as adding additional neighborhoods or lowering the star threshold, you can make another bid. So I made a second bid for $130 for a 2.5-star, and won the bid!

The hotel ended up being very spacious, a little older (as a lot of hotels in the area were), and for $130 plus tax, I have no complaints!  Much better than paying $375 per night!  Next time, before paying full price for a hotel, check Better Bidding and Priceline!