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In early May I wrote about how Hyatt is offering up to a 30% bonus on purchased points, as long as you purchase at least 5,000 points in one transaction. This is an opportunity to buy Hyatt points for as little as ~1.85 cents each, which I’d say is a solid deal, but isn’t a price at which I’d stock up on Hyatt points without a specific purpose.
Hyatt lets you purchase up to 55,000 points per calendar year pre-bonus, meaning that if you maxed out the promotion you can purchase up to 71,500 points during the promotion period.
Hyatt’s bonus on purchased points expires at 11:59PM CT tonight, Tuesday, May 23, 2017, so this is your last chance to take advantage of the promotion if you were considering it. The reason I mention this again is because just today Hyatt announced a 10% discount on award redemptions for those with The Hyatt Credit Card. This promotion is valid for stays between June 1 and September 5, 2017, and includes free nights redemptions, points + cash redemptions, etc.
If you were considering Hyatt’s 30% bonus on purchased points to begin with, this is not only your last chance, but perhaps the 10% discount on redemptions this summer will change the math on whether or not this promotion makes sense for some people, especially those who need to top off their account for a redemption.
However, remember that you do need to have all the points in your Hyatt account upfront in order to take advantage of the 10% refund — you get 10% of the points back 6-8 weeks after eligible redemptions occur.