Up To 20% Bonus On Purchased Hyatt Gold Passport Points

Through June 1, 2014, Hyatt Gold Passport is offering up to a 20% bonus on the purchase of points. The bonuses are tiered, as follows:

  • Purchase 1,000 to 19,000 points and receive a 10% bonus
  • Purchase 20,000 to 29,000 points and receive a 15% bonus
  • Purchase 30,000 to 40,000 points and receive a 20% bonus

Hyatt-Buy-Points-Promo-1

If you max out the promotion and purchase 40,000 points you’d receive a total of 48,000 points at a cost of $960, which is 2.0 cents per point. As a reminder, you can purchase a maximum of 40,000 Gold Passport points per account per calendar year.

Hyatt-Buy-Points-Promo

While a bonus on purchased points is nice, we have definitely seen bigger bonuses in the past. For example, last November Hyatt offered up to a 30% bonus on the purchase of points, which was an opportunity to purchase points for ~1.85 cents each.

Regardless of whether the bonus is 20% or 30%, that’s not a rate at which I’d speculatively purchase Hyatt points. But with a specific redemption in mind, this is still a rate that can definitely make sense.

Hyatt did make some changes earlier this year to their program. First they devalued their award chart by adding new Category 7 hotels, but then they also simultaneously introduced Points+ Cash redemptions.

As a Gold Passport Diamond member, Points + Cash redemptions are my new favorite use of Hyatt points, because:

  • Confirmed Diamond suite upgrades can be applied on Points + Cash reservations
  • Points + Cash reservations are eligible for elite stay & night accrual, as well as points accrual
  • Points + Cash reservations count as qualifying nights for the purposes of promotions

Hyatt-Cash-Points1

So take a Category 6 property, for example. You could potentially redeem 12,500 points (which you can purchase here for as little as $250) plus $150 for a night at the Park Hyatt Maldives. That’s $400 for a property that would cost upwards of $1,000 per night, and you’re still getting your elite stay and night credits.

Park-Hyatt-Maldives-Rates

Conversely, it can also make sense to purchase points for some lower category hotels. For example, I’ve stayed at the Grand Hyatt Santiago, which is a Category 2 property going for just 8,000 points per night, which you could purchase for as little as $160 through this promotion. However, paid rates at this hotel are often $250+ per night, so you can potentially save quite a bit of money by purchasing points in a scenario like this.

Grand-Hyatt-Santiago-Rates

So as is always the case in this hobby, you should crunch the numbers and see if this promotion works for you.

As a reminder, Hyatt points purchases are processed by points.com, so wouldn’t count as hotel spend for the purposes of credit cards.

Comments

  1. Points and cash is a great redemption option but because it is capacity controlled by each hotel, you have to call the reservation line every time. And even if a standard room is available, it does not necessary mean that points and cash is available.
    I do love that option to rack up stay credits though.

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