Wyndham points expire 48 months after they are earned, after 18 months with no account activity, or when you close your account with unused rewards. To prevent Wyndham points from expiring, redeem your points on a regular basis and make sure to cash in any unredeemed rewards before closing your account.
When Wyndham points will expire:
48 months after they are earned.
After 18 months without account activity.
When you or Wyndham closes the account.
Even though Wyndham points expire only in these select situations, it’s still a good idea to avoid building up a big Wyndham rewards balance because that would make you more vulnerable to rewards devaluation.
If you’re trying to choose a hotel rewards program and are concerned about rewards expiration policies, you can see how the Wyndham points expiration policy compares to other popular companies’ policies in the table below.
You should redeem credit card rewards as often as possible, whether they’re points, miles, or cash back. It is important to redeem often because credit card rewards can be devalued or expire, depending on the type of rewards they are.
The longer credit card rewards earnings stay in your account unredeemed, the more time they’re subject to devaluation, the more likely they are to expire, and the less you actually get to benefit. Rewards don’t get you anything until you put them to use, after all.… read full answer
Reward Expiration and Devaluation
Just because you earned your credit card rewards fair and square doesn’t necessarily mean they’ll retain their value, or that they’re yours forever. Some credit card rewards expire after a certain amount of time if you don’t redeem them. In fact, some credit card terms state that other events, such as a late payment or even prolonged account inactivity, can put your rewards in jeopardy. So it’s a good idea to read the terms closely.
However, making sure you’re aware of everything in the card’s terms may not be enough. Many credit card companies have language in their terms allowing them to change the rewards structure at any time. They can change rules that govern which purchases earn rewards, how much your miles or points are worth, and anything else about the rewards program. For example, a credit card company can decide your 30,000 points are worth $250 rather than $300.
Redeem Rewards Often
The possibility for change in credit card rewards programs is reason enough to redeem your rewards often. Rewards from cash back credit cards are considered the most stable rewards, because they can’t be devalued by credit card companies. That doesn’t mean they can’t expire, though. And due to possible devaluation or expiration, miles and points should also be redeemed as often as possible.
Frequent Travelers May Want to Save Up
Miles and points can definitely serve people better when they’re saved up to redeem for travel. But expired or devalued miles and points won’t take you anywhere. That’s why it’s a good idea to pay for travel with a combination of points/miles and cash, if the rewards program allows it.
If you can’t pay for your travel accommodations partly with rewards and partly with a normal credit card purchase, stockpile points or miles with caution, and only after determining exactly when they could expire. Plus, if you’re not in a position to redeem points or miles regularly, you might get more value and enjoyment from a cash back credit card instead.
At the end of the day, knowing when and how to redeem credit card rewards to get the best value can be tricky, considering the obstacles of devaluation, expiration, and varying redemption rules. For instance, many credit card rewards programs have minimum redemption thresholds, meaning you can’t redeem your rewards until you collect a certain amount of them.
But there are solutions to such problems, and applying them to your situation can be very valuable. For example, some credit cards have the option to auto-redeem once your unused rewards hit a certain threshold. Doing that is a good idea if you don’t want to redeem for travel. That way, you’ll know your rewards won’t be sitting in your account, waiting for the rules to change.
Exactly how you redeem credit card reward points varies by credit card company, but most credit card users can redeem reward points online through their account summary page. Some credit card issuers also let you redeem rewards over the phone. Credit card reward points may be redeemable for cash back, travel purchases, gift cards, and more, depending on the card.… read full answer
Once you redeem your credit card reward points, they’ll be subtracted from your rewards balance immediately and your account will be credited within 1-3 weeks, if applicable. In some cases, reward points will expire if you do not use them by a certain time.
Here's how to redeem credit card reward points:
Log in to your online account and head to “Account Summary.” Specifics will vary by issuer, but your rewards will usually be featured on a main account page.
Click on “Rewards Balance.” The exact wording may differ depending on the issuer. Once you click on your rewards balance, you’ll be taken to a page with your total amount of unredeemed rewards, and information about your redemption options.
Select how you’d like to redeem your rewards. You may be able to redeem reward points for travel purchases, cash back in the form of a check or statement credit, merchandise, or gift cards, depending on the rewards card.
Redeem your rewards. Once you redeem your credit card reward points, the points will be deducted from your rewards balance immediately. If you’re redeeming for statement credits or covering past purchases, your account will usually be credited within a week. If you redeem your points for gift cards or merchandise, you can expect them to arrive in the mail within 2-3 weeks.
While many rewards cards will let you choose from multiple redemption options, you’ll usually get the most value with one in particular. For example, travel rewards credit cards will often give you the most when you redeem your points for travel purchases, and your rewards may be worth less if you redeem them for cash back or gift cards.
On average, credit card reward points are worth 1 cent each. Most major credit card issuers, like Chase, Capital One and American Express, advertise that your points will not expire as long as your account remains open. But you should check the exact terms and conditions of your specific credit card to make sure you don’t lose any rewards you’ve earned.
Wyndham points are worth 1.11 cents each, on average. That means 10,000 Wyndham points have a value of about $111. Plus, Wyndham points are more valuable than the average hotel points, which are worth roughly 0.95 cents each.
It's important to remember that the value of Wyndham points depends on how they are redeemed. They have the most value when used for Wyndham Rewards hotel reservations. You can easily calculate the value of Wyndham points for any redemption method, though. Just divide the dollar value of whatever you're redeeming for by the number of points needed to get it.… read full answer
How to Earn More Wyndham Points
One of the best ways to increase the number of Wyndham points that you earn is to apply for a Wyndham credit card. That can also help you reach a higher status tier in the Wyndham Rewards, further boosting your earning potential.
The easiest way to calculate the value of Wyndham points is to determine the dollar value of what you're redeeming for, minus any taxes and fees that you'll still have to pay, and then divide that amount by the number of points you're required to redeem. For your convenience, here's the formula:
Dollar Value of Redemption Item / Number of Wyndham Points Needed = Wyndham Point Value
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