Today Only: Save Money on Hertz Car Rentals!
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From May 19, 2014, to June 20, 2014, a new travel deal will be available every weekday at 1:00 pm EST. But you have to be quick to get in on the deals, because they usually sell out very fast!Daily Getaways is a promotion sponsored by the US Travel Association and American Express. You can buy discounted hotel and car rental points, and get cheap tickets to theme parks and other events.
And you’ll save an additional 10% if you use your American Express card. These include cards like the The Platinum Card from American Express or business card, the Starwood Preferred Guest® Credit Card from American Express or Starwood Preferred Guest® Business Credit Card from American Express or the Delta personal or business card.
Deal for May 20, 2014 – Hertz Points
Link: Daily Getaways Calendar
Today’s deals are all for Hertz Gold Rewards points, which can be redeemed for car rentals in the US and Canada.
Although the deals are advertised as being for a certain type and duration of car rental, you’re actually just buying Hertz points, which can be used for any vehicle or number of days.
The deal goes live today at 1:00 pm EST, so you’ll need to have the site loaded on your browser and ready to click on the deal beforehand. There are only 130 deals available total, so they WILL sell out quickly.
And if you don’t have a Hertz account, you have to create 1 before the deal goes live because you’ll need your account number to make the purchase.
Is This a Good Deal?
Hertz normally sells points for 20 cents per point (ouch!) which isn’t very good at all. But with this deal, you’re buying points for between ~3.6 and ~5.1 cents per point.
- Buy 13,200 points for $475 = ~3.6 cents per point ($475 cost of points / 13,200 points)
- Buy 16,500 points for $775 = ~4.7 cents per point ($775 cost of points / 16,500 points)
- Buy 5,500 points for $280 = ~5.1 cents per point ($280 cost of points / 5,500 points)
1. 1 Week Standard Vehicle Rental for 5,500 Points ($280)
You can get 5,500 points for $280 with the Daily Getaways deal, or $252 if you use your American Express card ($280 for the points – 10% discount). If you bought the points directly from Hertz, you’d pay $1,100, which makes no sense at all!
5,500 points can be used for a 1 week “AnyDay Rewards” rental, which can be used any time with no blackout dates for very busy travel periods. Or you could use them for 2 week long rentals during off-peak times. This is for compact to premium cars only.
I did a random search on the Hertz website for a week’s rental in June in Albuquerque.
The cheapest option was a prepaid rental for ~$218 a week including tax. I don’t like Hertz’s system because you can’t see how many points it will cost or if the location even accepts points until you get to the “Review and Book” page. For this rental, the location wasn’t even accepting points!
If you don’t mind paying for an economy car in advance, in this case it’s better to pay cash for the rental.
But remember, you can save even more if you read my series on cheap car rentals.
I put the same dates in for the Albuquerque rental car using the Chase Ultimate Rewards travel portal and found an even lower price ($200 including tax) for an economy car at Budget.
Or you could use 16,000 Chase Ultimate Rewards points if you have the Chase Sapphire Preferred, Chase Ink Bold, or Chase Ink Plus cards. You’ll save more if you use the points because you get 20% off travel purchases when you book through the portal. That said, you could get more by using your Ultimate Rewards points to transfer to airlines or hotels and paying cash for the car rental.
And if you pay cash, you can get 2 points for every $1 you spend if you use the Chase Sapphire Preferred.
The only way the Daily Getaways deal would be better is if you can find 2 off-peak weekly rentals for 2,750 points each. But I did several searches and couldn’t find any!
2. 1 Weekend Hertz Prestige Vehicle for 13,200 Points ($475)
You can get 13,200 points for $475 with the Daily Getaways deal, or ~$428 if you use your American Express card ($475 for the points – 10% discount). A weekend rental is for up to 4 days.
13,200 points can be used for a 4 day “Prestige Collection“ or “Adrenaline Collection“ rental (like a Mercedes or Corvette!) which can be used any time with no blackout dates for very busy travel periods. Or you could use them for 2 rentals for 4 days during off-peak times.
Emily and I recently rented a car in Kauai, so I searched Hertz for a 4-day luxury weekend rental in July. The price for a Chevy Camaro convertible was ~$805 including taxes.
In this case, if you can find the availability, you’re much better off using points from the Daily Giveaways deal! You’ll save ~$340.
I checked the Chase Ultimate Rewards travel portal for the same dates in Kauai. I couldn’t find a Camaro or anything similar – the closest luxury car I could find was a Lincoln Towncar for ~$140 total including tax.
This might mean that it’s harder to find exotic cars on the Chase Ultimate Rewards Travel Portal. Or it could just be the dates and location. Either way, this is definitely a cheaper 4-day weekend luxury rental than using the Daily Getaway deal!
It is generally NOT worth it to do this deal, unless you’re looking for a specific luxury vehicle. Then, depending on the dates and location, it might be worth it. Definitely check for yourself if you have a specific rental in mind.
Remember, the deal goes live at 1:00 pm EST today.
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Chase Sapphire Preferred® Card
Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
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Either $5 or 5% of the amount of each transfer, whichever is greater.
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