Wyndham has launched a partnership with Bakkt that allows Wyndham Rewards members to cash out their points or use them towards gift cards and other products offered by this new partner.
The conversion value of a Wyndham Rewards point to cash is 0.35 cents each. Wyndham Rewards members earn 1,000 bonus points for linking their account to Bkkt and additional 2,000 points for their first conversion.
You can access Bakkt’s page for this partnership here.
READ MORE: Wyndham Rewards Rate & Bonus Points Offers
Note that there is a monthly cap of 15,000 Wyndham Rewards points that can be converted to cash using Bakkt.
Announcement from Wyndham & Bkkt:
Wyndham Rewards® members can now convert their Wyndham Rewards points to cash thanks to a newly launched relationship with leading digital asset marketplace Bakkt and its highly-rated Bakkt App.
Available starting today, members of Wyndham Rewards can easily link their account within the Bakkt App, unlocking the ability to instantly convert their points to cash using the app. Once converted, members may then deposit the funds into their bank account, send them to a friend, purchase discounted gift cards or use them for online and in-store purchases via both Apple Pay® and Google PayTM, among other options. Members may also use the Bakkt App to purchase additional Wyndham Rewards points, either via funds they’ve received from converting other loyalty currencies to cash or through another preferred payment method.
“Wyndham Rewards prides itself on being the world’s most generous rewards program, which means we’re constantly looking for new ways to help our more than 90 million enrolled members engage with and receive value from the program,” said Eliot Hamlisch, executive vice president, Loyalty & Revenue Optimization, Wyndham Hotels & Resorts. “By teaming with Bakkt and further broadening the program’s appeal, we’re not only creating opportunities to pull in new members, we’re giving existing members even more reasons to stay and earn points with our expansive portfolio of hotels.”
As part of a special introductory offer, now through February 15, 2022, Wyndham Rewards members can earn up to 3,000 bonus points when they link their account (1,000 bonus points) and complete their first transaction of converting their Wyndham Rewards points for cash in the Bakkt app (2,000 bonus points)—enough bonus points to redeem for a discounted night at thousands of participating Wyndham Rewards hotels.*
“We’re thrilled to be adding Wyndham Rewards—the number one hotel rewards program as named by both U.S. News & World Report as well as readers of USA TODAY—to the Bakkt ecosystem,” said Sheela Zemlin, chief revenue officer at Bakkt. “Together, we’re providing members with new redemption experiences and increased flexibility, all while making loyalty points more accessible and easier to use.”
Wyndham Rewards is the only hotel loyalty program to offer members a guaranteed 1,000 points with every qualified stay. Free nights start at just 7,500 points per night, while discounted nights start at 1,500 points plus some cash. The program’s Member Levels (status), which are among the most attainable in travel, allow members to unlock great benefits like a preferred room, late checkout and accelerated earning and more.
To learn more about Wyndham Rewards and its affiliation with Bakkt visit www.wyndham.bakkt.com. To download the Bakkt App, visit the App Store and Google Play Store.
Conclusion
You still get the best value of Wyndham Reward points by using them for award nights. If you have no other reasonable use for them, or more than you can ever redeem, converting them to cash can make a lot of sense.
Here are the terms and conditions of this offer:
Capitalized terms used without definition in these offer terms and conditions (“Offer Terms”) will have the meanings ascribed to them in the Wyndham Rewards program terms and conditions, available at www.WyndhamHotels.com/wyndham-rewards/terms (the “Program Terms”). To qualify for the Bakkt bonus points offer to receive up to 3,000 Wyndham Rewards bonus points (“Offer”), a Wyndham Rewards Member who resides in the United States (excluding Members who reside in Hawaii) must, between December 6, 2021 and February 15, 2022 (the “Offer Period”), (1) add the Wyndham Rewards Program to their Bakkt account (after which they will receive 1,000 Wyndham Rewards bonus points (a “First Bonus”)), then (2) redeem Wyndham Rewards points within the Bakkt app (after which they will receive 2,000 Wyndham Rewards bonus points (a “Second Bonus”)). For clarity, to receive a Second Bonus, a Member must complete both steps described in the foregoing sentence during the Offer Period. Each of the First Bonus and the Second Bonus will occassionally be referred to herein as a “Bonus”. Wyndham Rewards Members who don’t yet have a Bakkt account can open one for free by downloading the Bakkt app from their app store, accepting the Terms of Use and providing the information requested; the Wyndham Rewards program can be added to a Member’s Bakkt account by clicking “Rewards” within the Bakkt app, selecting the Wyndham Rewards Program and then providing the information requested. All information provided to Bakkt will be subject to Bakkt’s privacy policy.
Notwithstanding anything to the contrary contained in these Offer Terms, this Offer is limited to the first one million (1,000,000) Wyndham Rewards Members to participate, and there is a maximum of one (1) First Bonus and one (1) Second Bonus per Wyndham Rewards Member. Each Bonus will usually be posted to an eligible Wyndham Rewards Member’s Wyndham Rewards account twenty-four (24) hours after such Member has completed the applicable qualifying activity. Members who have elected to earn airline miles in their Member profile and qualify for one (1) or more of the Bonuses hereunder will earn such Bonus(es) in Wyndham Rewards points.
This Offer is not transferable and may not be substituted for any other offer. Wyndham Rewards, Inc. may cancel or modify this Offer without notice. This Offer is subject to full Program Terms in addition to these Offer Terms, and is void where prohibited.
Wyndham Rewards points are redeemable for cash through the Bakkt App. Members may redeem up to 15,000 points per month and no less than 100 points at any one time.
More Information about Go Fast Discounted Nights: Participating properties only. Go Fast awards at hotels require 1,500 – 6,000 points, plus a cash payment; at vacation club resorts and vacation rentals, 3,000 – 6,000 points per bedroom, plus a cash payment, are required. Member must have enough points for all bedrooms in desired accommodation to book award nights. Award nights at hotels are for standard rooms. Per night resort fees may be payable, even for award nights; points can’t be used to pay them. Cancellation policies vary by property. Subject to availability; blackout dates/rates, minimum length of stay requirements & other restrictions apply. Most properties: applies to room rate only, excluding taxes. Amount of cash required varies by property & other advance fees also typically payable at vacation club resorts and vacation rentals for these nights. See wyndhamrewards.com/terms for more information.
Wyndham Rewards is a registered trademark used under license.
