30% Bonus On Purchase Of Hyatt Points Through February 15, 2015

Through February 15, 2015, Hyatt Gold Passport is offering a 30% bonus on the first purchase of points during the promotion period.

Hyatt-30-Bonus

If you max out the promotion and purchase 55,000 points you’d receive a total of 71,500 Gold Passport points. That would cost you $1,320, which is a rate of ~1.85 cents per Gold Passport point.

Hyatt-Bonus

How does this stack up to Hyatt’s past promotions on the purchase of points?

I value Hyatt Gold Passport points at ~1.5 cents each, though they can definitely be redeemed for a lot more than that. I just think that’s a “fair” number. In this case there are some circumstances under which it can be really lucrative to purchase points.

For example, at the rate of ~1.85 cents per point, you can purchase enough points for a free night at a Category 7 property (like the Park Hyatt Maldives) for~$550, while paid rates at those hotels are often $1,000+ per night.

Park-Hyatt-Maldives

You can potentially get even more value out of your points by using Hyatt Points + Cash redemptions.

Hyatt-Cash-Points1

As a Gold Passport Diamond member, Points + Cash redemptions are especially awesome 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

On the other end of the spectrum, 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.

Grand-Hyatt-Santiago

That means you could purchase enough points for a free night for ~$150. Meanwhile sometimes paid rates at this hotel are more than double that.

Grand-Hyatt-Santiago-Rate

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

Bottom line

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

Personally I won’t be taking advantage of this promotion since I have a healthy balance of Gold Passport points, and I rarely purchase points as a “long term investment.” That being said, if you have a specific redemption in mind, this promotion could definitely be worthwhile.

As far as promotions for Gold Passport points go, this one is pretty average. I’m sure we’ll see a better bonus this year, but then again if you have a specific use in mind it may not be worth waiting.

Comments

  1. Would this be a situation when you would maybe look at staying at the one in Sydney near the harbour bridge? For someone who can’t use credit cards or other options to get points?

  2. @ Luis — Guess it depends how you define aspirational. Just the most expensive hotel in cash? Probably the Park Hyatt Sydney, Park Hyatt Paris, etc. But there are lots of other awesome redemptions too.

  3. @ Sarah — Yes indeed, could get a nice discount by buying points and then redeeming for Park Hyatt Sydney.

  4. Yes, and as I go through the buying process there’s no mention of the bonus. Do you have a link to the offer page?

  5. i don’t really see the value in the Park Hyatt hotels. Sure they are very expensive so one may think that they are getting a great deal by redeeming 25-30k points/night but they sure don’t look like they are worth it to me, especially the PH Paris. I guess what i was asking for was your opinion on the best Hyatt property, not necessarily the most expensive. Probably a resort somewhere…

  6. Any suggestions for how a non American can get status with Hyatt without actually staying there?

    I understand they don’t status match, and the new challenge is not as good as last year?

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