Through March 15, 2012, Hyatt is offering a bonus on the purchase of Gold Passport points, as follows:
Purchasing 1,000 – 9,000 points earns a 10% bonus
Purchasing 10,000 – 29,000 points earns a 20% bonus
Purchasing 30,000 – 40,000 points earns a 30% bonus
Points usually sell for 2.4 cents each, and you can purchase a maximum of 40,000 points per calendar year.
With this bonus you can purchase a total of 52,000 Gold Passport points for $960, for a cost of ~1.85 cents per point. If you’re planning on redeeming at a high end property, that’s not a half bad deal.
Hyatt’s most expensive properties go for 22,000 points per night, so at that rate you’re looking at $400 per night for the Park Hyatts in Paris, Tokyo, Sydney, Maldives, etc. That’s a pretty spectacular deal, given that revenue rates are often double that. I’m not saying everyone should go out and buy 52,000 points through this promotion, though if you have a specific use in mind, this could be a very good deal.