Southwest just launched a new buy points promotion, offering Rapid Rewards members the chance to buy Rapid Rewards points with up to a 65% bonus. That sounds pretty tempting, and you might be able to book cheap award flights for less than the cash price of the flight. However, it’s worth considering all aspects before buying points.

Hyatt just announced its latest buy points sale, offering members a 25% discount on purchased points now through August 25, 2021. If maximized, World of Hyatt members can snag Hyatt points for 1.8¢ per point. Here are the amazing opportunities this opens up, from an all-suite resort in Bali to a private island in the Caribbean.

Hilton just launched a new buy points promotion, offering Honors members the chance to buy packages of Hilton Honors points with a 100% bonus now through July 29, 2021. This enables you to purchase Hilton points at a compelling 0.5¢ per point. We dig in to demonstrate how this can be an excellent deal in some situations.

Alaska launched its latest mileage sale, offering Mileage Plan members the chance to buy miles with up to a 60% bonus. Members who maximize this sale will have the ability to purchase Alaska Mileage Plan miles for 1.85¢ a piece—one of the best rates Alaska has offered.

Marriott has just announced a new sign-up bonus for the Marriott Bonvoy Boundless™ Credit Card—and it’s one of the better hotel card bonuses we’ve seen this year. New applicants can receive 3 Free Night Awards worth up to 50K points each. That’s up to 150,000 points in value! Here’s how to maximize this incredible sign-up bonus.

JetBlue launched its latest buy points sale, offering customized promotions to targeted TrueBlue loyalty members. The best promotion offers the ability to buy points with up to a 60% bonus. That’s not far off of the cheapest JetBlue has ever sold them. But with a fixed-value rewards program, is buying points ever a good idea?

United just launched its latest buy miles sale, offering members either the opportunity to buy miles with up to a 100% bonus. That’s the best bonus that we’ve seen United offer, and this opportunity is only around for a few days. But, does it even make sense to buy miles? Let’s take a look at some examples.

LifeMiles just launched a new buy miles promotion, offering members the opportunity to purchase LifeMiles with a 140% bonus—or a 150% bonus through a special link. This rate allows members to top off their LifeMiles balance at only 1.32¢ per mile. That’s one of the better purchase rates ever offered. LifeMiles offers a generous award chart and minimal fees on partner redemptions, making this a promotion certainly worth considering.

Hyatt and American Airlines have launched a new round of reciprocal fast track elite challenges. With this promotion, elites of both programs will have the opportunity to quickly earn elite status with the other by completing qualifying activity.

Iberia just launched its newest mileage sale, offering a 50% bonus on Avios purchases through July 13, 2021. If maximized, Iberia members can grab Avios for as little as 1.46¢ a piece. Considering the sweet spots offered by the Avios program—from business class to Europe for 68,000 Avios round-trip to domestic awards on American Airlines from 6,000 Avios each way—this could be a great deal for those with a plan.