Hyatt selling points for as low as ~1.85 cents each through June 30, 2013

In an identical way to how they’ve run the promotion in the past, Hyatt is offering up to a 30% bonus on the purchase of Gold Passport points through June 30, 2013.

The bonus thresholds are as follows:

Buy 1,000 – 9,000 points and get a 10% Bonus
Buy 10,000 – 29,000 points and get a 20% Bonus
Buy 30,000 – 40,000 points and get a 30% Bonus

As a reminder Gold Passport points ordinarily cost 2.4 cents each, and you can purchase a maximum of 40,000 Gold Passport points per year. So if you’re maxing out this promotion with the 30% bonus you’re paying just under 1.85 cents each. I value Hyatt points at 1.6 cents each, so this is still a bit more than I’d pay for them.

That being said, if you have a specific use of points in mind, this can be a great deal. For example, Hyatt’s top hotels go for 22,000 points per night, so at 1.85 cents per point you’re paying roughly $400 per night for that. That’s an absolute bargain compared to the paid rates at the Park Hyatts in Paris, Zurich, the Maldives, etc., so can be worth considering if you’re looking for a discount on a luxury hotel stay.

Comments

  1. Wow… this isn’t a bad deal at all. I have to admit I initially brushed it off as I was expecting them to sell for 2 cents per point post 30% bonus, but this is pretty good 🙂

  2. @ Phil — Not a dumb question at all. The purchase of points is processed by points.com, so wouldn’t qualify as hotel spend.

  3. This is real dumb question. If I bought 40,000 miles in August 2012, am I still entitle to buy another 40,000 this time? Don’t know what it means by “maximum of 40,000 points PER YEAR”. Thanks.

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