Should You Buy Hyatt Points With A 40% Bonus?

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Through August 9, 2017, World of Hyatt is offering up to a 40% bonus on purchased points. Unlike past promotions, it looks to me like this one is open to all World of Hyatt members.

World of Hyatt members who purchase at least 5,000 points receive a 30% bonus, while World of Hyatt members who purchase at least 10,000 points receive a 40% bonus. If you max out the promotion and purchase 55,000 points you’d receive a total of 77,000 World of Hyatt points. That would cost you $1,320, which is a rate of ~1.71 cents per World of Hyatt point.

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

As you can see, this is as good as bonuses on purchased Hyatt points typically get, and this is the best bonus we’ve seen so far this year.

I value World of Hyatt 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.

At the rate of ~1.71 cents per point, you can purchase enough points for a free night at a Category 7 property for~$515, or a Category 6 property for ~$430 , while paid rates at those hotels are often $1,000+ per night.

For example, the Park Hyatt Maldives is a Category 6 property (normally retailing for 25,000 points per night), and rates are often $1,200+ per night:

Park-Hyatt-Maldives

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The Park Hyatt Maldives

There’s even a lot of value on the other end of the spectrum. For example, the Hyatt Regency Kathmandu is a Category 1 property (normally retailing for 5,000 points per night), and paid rates are often $180+ per night including the 25% tax and service charge, which you don’t have to pay on an award booking. Meanwhile if buying points you’d pay just ~$80 per night.

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Suite at the Hyatt Regency Kathmandu

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

Hyatt-Cash-Points1

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 Chase Freedom® Unlimited, 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 you. There are certainly cases where buying Hyatt points with a 40% bonus could make sense, and this is as good as bonuses on purchased Hyatt points get.

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

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Comments

  1. Betteridge’s law of headlines is one name for an adage that states: “Any headline that ends in a question mark can be answered by the word no.”

  2. Another consideration is if you have the Hyatt Credit Card and will redeem the purchased points while the 10% rebate is still in effect. That can make this offer even more compelling.

  3. I’m quite tempted honestly, although I have no specific redemption in mind so it’s mostly to hoard them in case I need something at some point… another month to think about it.

  4. Ever skyrocketing taxes and resort fees, which are avoided when paying with points, makes this offer even better than it seems in some instances. For instance, 77,000 points for $1320 covers five nights at the Hyatt Regency Coconut Point, which typically totals out at between $500 and $600 per night in peak season. You’d even have 2,000 points left over!

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