Good morning everyone, I hope you had an exciting Amazon Prime Day(s). I was reading Doctor of Credit and saw a deal that didn’t get much attention: Radisson Rewards: 25% Back On Awards, 15% Back On Giftcard Purchases. I have a stash of Radisson Rewards Point since I cancelled 5 nights at various Radisson Blu hotels in Ireland, so I was curious what kind of gift card deals were offered. In this post, I will show you what kind of gift card deals are available and explain why I redeemed 268,000 Radisson Rewards Points for $400 in Visa Gift Cards. To get started, sign into your Radisson Rewards account and click this link to enroll in the current promo. For gift card redemptions, you can get a 15% rebate when you redeem points between now and October 25. Redemptions start as low as 7,000 points for a $10 gift card.
Now that you are registered for the promo, click the Redeem for a Gift Card link.
Here are all the redemption offers. You can redeem your points for free award nights, retail gift cards (like Amazon and Walmart), prepaid cards (like Visa gift cards), and several other things.
There are many different gift card options at various price points. Here is the math on the redemptions:
- $10 Amazon Gift Card for 7,000 points ($0.001429 CPP aka 700 points per dollar)
- $50 Walmart Gift Card for 34,000 points ($0.001471 CPP aka 680 points per dollar)
- $100 Walmart Gift Card for 67,000 points ($0.001493 CPP aka 670 points per dollar)
Basically, you will get between 0.0014 – 0.0015 cents per point (CPP) before the 15% points rebate.
There are only 3 prepaid gift card options: $25, $50, and $100 Visa Gift Cards. Here is the math on the redemptions:
- $25 Visa Gift Card for 20,000 points ($0.001250 CPP aka 800 points per dollar)
- $50 Visa Gift Card for 35,000 points ($0.001429 CPP aka 700 points per dollar)
- $100 Visa Gift Card for 67,000 points ($0.001493 CPP aka 670 points per dollar)
As you can see, the redemption values for prepaid gift cards and retail gift cards is the same for larger denomination gift cards.
My Radisson Rewards Points balance is mainly due to having several US Bank Radisson Rewards personal and business credit cards that offer 40,000 Radisson Rewards Points every card member anniversary. I am basically paying $60-$75 per card per year for 40,000 points. That comes to a cost of $0.001500 (buying 667 points per dollar) to $0.001875 (buying 533 points per dollar). Since the cost to buy the points and the value at which I can redeem the points is so close, I would rather have Visa Gift Cards than a huge stash of Radisson Rewards Points that I don’t have any immediate plans to use.
After crunching the numbers, I decided to purchase 4 x $100 Visa Gift Cards for a total of 268,000 points. With the 15% rebate, I will get 40,200 points back, which is enough for another $50 Visa Gift Card. After adding the 4 x $100 Visa Gift Cards to my cart, I clicked the Redeem Now button.
I verified that my name and address is correct, checked the box to agree to the terms and then clicked the Redeem Now button.
My account balance now has 13,654 points leftover. My order should be processed in the next few days and I should receive the gift cards in the mail in the next 2-4 weeks. I’m not sure when the rebated points will post to my account, but I will update this post when they do.
Under the My Statements section, it shows the 268,000 point redemption.
I also received a confirmation email with the transaction details.
I have found that international Radisson Rewards properties, especially Radisson Blu hotels, are great and offer great redemption values. Unfortunately, I do not have any plans to travel internationally in the near or distant future and the fact that Radisson Rewards properties in the US are not that great, led me to redeem a huge portion of my Radisson Rewards Points balance. If you are sitting on a big pile of Radisson Rewards Points without any immediate plans to redeem them, you may want to consider redeeming the points for gift cards (either retail or prepaid) before the rebate promo ends on OCtober 25. If you have any questions about the redemption process, please leave a comment below. Have a great day everyone!