Best Bonus On Purchased Hyatt Points In A Long Time

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Through October 25, 2016, Hyatt Gold Passport is offering up to a 40% bonus on purchased points.

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The 40% bonus applies to Gold Passport members purchasing at least 10,000 points in one transaction (if you purchase between 5,000 and 9,000 points, you only receive a 30% bonus). If you max out the promotion and purchase 55,000 points you’d receive a total of 77,000 Gold Passport points. That would cost you $1,320, which is a rate of ~1.71 cents per Gold Passport point.

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

As you can see, bonuses are typically in the 30-40% range, though this is the first time in over a year that we’ve seen a non-targeted bonus of 40%, so this is excellent.

This promotion is potentially even better if you have the Hyatt Visa Card and can stack this promotion with the 10% discount on redemptions being offered through October 31, 2016. All types of award stays are eligible for this promotion, as long as the stay occurs by October 31, 2016.

Hyatt-Visa-Discount

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 lucrative to purchase points.

At the rate of ~1.71 cents per point, you can purchase enough points for a free night at a Category 7 property for~$510, or a Category 6 property for ~$425 , while paid rates at those hotels are often $1,000+ per night.

For example, the Park Hyatt Maldives is a Category 6 property, and rates are often $1,200+ per night:

Park-Hyatt-Maldives

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Park Hyatt Maldives

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

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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

Keep in mind that Hyatt points purchases are processed by points.com, so wouldn’t count as hotel spend for the purposes of your credit card. That means if you buy points you’ll want to use a card that maximizes your return on everyday, non-bonused spend, like the Amex EveryDay® Preferred Credit Card, Starwood Preferred Guest® Credit Card from American ExpressCiti® Double Cash Card, etc.

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View from the Park Hyatt Sydney

Bottom line

As is always the case in this hobby, you should crunch the numbers and see if this promotion works for youA 40% non-targeted bonus is as good as it gets when it comes to buying Hyatt points, and it’s especially lucrative this time around if you can redeem for a stay by October 31, 2016.

Do you plan on purchasing Hyatt points with a 40% bonus?

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Comments

  1. Sadly, I have no more points available to purchase (since they have a yearly limit, and I maxed that out earlier in the year), but I can confirm that they can be very lucrative – I just returned from a 3 night stay (using points) at the Park Hyatt Sydney, where we were upgraded to an Opera Deluxe Room, with a regular rate of over $1,500 a night.

  2. Does anyone know if your spouse can purchase points through their own account, and then transfer to you?

  3. Buying points is very rarely a good deal.This is only great if you are in a similar scenario to Susan. Park Hyatt Paris/Sydney/Vienna and a few others. I would only buy the points if I had the dates in mind and checked for availability.

  4. Sounds good but often Hyatt gives you a “using points are not allowed for this special promotion rate.” So you are screwed. I just tried to book their property with points at the Hyatt Regency in Savannah and got that message.

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