It’s actually a much better deal than it looks like at first glance.
Here is the Hertz award chart.
There are 3 packages available:
1. 5,500 Hertz points (marketed as a “1-Week Hertz Standard Vehicle”) is $252 (4.58 cents per point) with the automatic 10% off for using an AMEX. (45 packages for sale)
Now here’s the thing, they’re actually giving an example using Hertz’s anytime award chart which comes out to $36 per day on a weekly rental.
The truth is that the regular award chart has very few blackout dates and a week rental using that chart is just 2,750 points, so your cost with this package will be just $18 per day.
Additionally they give the example of a standard vehicle, when it’s the same amount of points for a premium vehicle!
Note that taxes are extra, and they can add up at some highly taxed airport locations.
You can also use 4,400 points for a weekly rental of a specialty vehicle like a minivan or convertible.
2. 13,200 Hertz points (marketed as a “Hertz Prestige Collection Weekend”) is $427.50 (3.24 cents per point) with the 10% off. (35 packages for sale)
Again, that’s the anytime rate for a 4 day weekend for a prestige car which comes out to $106.88 per day on a 4 day weekend rental. The standard 4 day weekend weekend rate with a few blackout dates is:
-6,600 points for Prestige (Mercedes, Infiniti, Cadillac, etc) which would be $53.44 per day.
-3,300 points for specialty (Minivan, convertible, etc) which would be $26.72 per day.
-2,200 points for premium which would be $17.81 per day.
Of course you can also use the 13,200 points for a weekly rental. It’s enough for 3 weeks of a Minivan or Convertible at $20.38 per day.
3. 16,500 Hertz points (marketed as a “1-Week Hertz Prestige Collection”) is $697.50 (4.23 cents per point) with the 10% off. (50 packages for sale)
Once again, that’s the anytime rate for a week which would be $99.64 per day. The standard rate for a weekly prestige rental is 8,250 points which would be $49.82 per day.
Of course you can also use the 16,500 points for a premium car. It’s enough for 6 weeks at $16.61 per day. Or use it for anything else on the Hertz award chart.
You’ll need to be waiting on the page wearing out your F5 key to be able to grab one of these as soon as the buy now button appears at 1pm.
And don’t forget to have your Hertz Gold Plus Rewards number handy.
Many will try, few will get get, though I did get successfully purchase a Hertz package last year. Package #2 will probably be the hardest to get as it has the lowest cost per point and it has the fewest available packages for sale.
Will you try to buy? Or are these packages too much effort for too little reward? The truth is for many locations you’ll probably be better off spending the time figuring out the lowest Priceline bid for your rental.