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Through December 15, 2017, World of Hyatt is offering up to a 40% bonus on purchased points. While their last bonus on purchased points was targeted (where different members were eligible for different offers), it appears that this time around the same offer is available to everyone, since you don’t need to log-in to see it.
This bonus is tiered, with a bigger bonus the more points you buy, as follows:
- Get a 20% bonus if you buy at least 5,000 points
- Get a 30% bonus if you buy at least 20,000 points
- Get a 40% bonus if you buy at least 30,000 points.
If you max out this promotion you can purchase a maximum of 77,000 World of Hyatt points at a cost of $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?
- In September 2017, Hyatt offered up to a 40% bonus on the purchase of points, though it was targeted
- In July 2017, Hyatt offered up to a 40% bonus on the purchase of points
- In May 2017, Hyatt offered up to a 30% bonus on the purchase of points
- In October 2016, Hyatt offered up to a 40% bonus on the purchase of points
- In August 2016, Hyatt offered up to a 30% bonus on the purchase of points
- In July 2016, Hyatt offered up to a 40% bonus on the purchase of points, though it was targeted
- In March 2016, Hyatt offered up to a 30% bonus on the purchase of points
As you can see, the 40% bonus is as good as bonuses on purchased Hyatt points typically get.
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:
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.
You can potentially get even more value out of your points by using Hyatt Points + Cash redemptions.
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 Express, Citi® Double Cash Card, etc.
As is always the case, 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 buying Hyatt points with up to a 40% bonus?