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Until October 31, 2016, you can buy between 10,000 and 55,000 Hyatt Gold Passport Points and get a 40% bonus on the number of points you purchase.
Hyatt points normally cost 2.4 cents each. With the 40% bonus, the price drops to 1.71 cents per point.
The bonus only kicks in on purchases of 10,000 or more points, and the maximum Hyatt points you can buy is 55,000 per account per calendar year.
If you buy 55,000 Hyatt points before October 31, you’ll receive 77,000 points for $1,320.
77,000 Hyatt points is enough for 15 nights at a Category 1 hotel or three nights at a Category 6 hotel.
When to Buy (Math)
Is buying Hyatt points for 1.71 cents each a good deal?
I would not buy Hyatt points speculatively for 1.71 cents each because I value them at 1.2 cents each. But if you have an immediate high value redemption in mind, buying points can be a good deal.
Check which category your dream Hyatt is in. Here are the Category 7 properties. Use the dropdown to change category.
Then consult the Hyatt award chart to see how many points you’d need to book that hotel for a night. Search the dates you’d like to stay to see the paid price. If buying the points makes sense, there is award space on your dates, and you are ready to redeem now, buy the points.
If you value top tier properties at their retail value, you can get a lot of deals, but it will cost over $500 during this sale to book a Category 7 property like the Park Hyatt New York for one night. That might be less than the retail price on some nights, but I would never pay $500 for one night in a hotel.
Bonus on the Bonus
If you have a Hyatt Visa and registered it for the 10% rebate of your poinst on Hyatt stays through October 31, 2016, then put your eligible stay on the card to stack the promotions. If you haven’t already registered though, looks like that time window has elapsed.
Buy Hyatt Points with These Credit Cards
Credit card links have been removed from posts and added to the menu bar at the top of every page of MileValue under the heading Top Travel Credit Cards.
Hyatt points purchases are processed by points.com, so the purchases will not code as a bonus “travel” or “hotel” purchase on any credit card. You will not earn category bonuses from the purchase of Hyatt points.
That means you should make the purchase with whatever card you need to meet a minimum spending requirement on.
For me, that’s the Alaska Airlines Visa Signature card by Bank of America, which I got for its 30,000 bonus Alaska miles after $1,000 in spending in the first three months. I live in Buenos Aires for a large portion of the year and love Alaska miles for the fact that I can still book American Airlines pre-devaluation (Off Peak) prices to Southern South America with them (only 20k Alaska miles to Southern South America from March 1 – May 31, and August 16 – November 30).
If wasn’t trying to meet a minimum spending requirement, then I”d put it on whatever card gives me the best return on everyday (non-category bonus) spending, like my Starwood Preferred Guest Credit Card from American Express since I so highly value those versatile points.
Bottom Line
You can buy 14,000 to 77,000 Hyatt points for 1.71 cents each. That’s too high to buy speculatively, but there are a lot of immediate awards you can book where that price offers great value.
Link for buying points: milevalue.com/PointsHyatt
Just getting started in the world of points and miles? The Chase Sapphire Preferred is the best card for you to start with.
With a bonus of 60,000 points after $4,000 spend in the first 3 months, 5x points on travel booked through the Chase Travel Portal and 3x points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs), this card truly cannot be beat for getting started!
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