Reminder: Buy Hyatt Points For 1.1 Cents Each Tomorrow

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For the most part, this year’s series of Amex Daily Getaways packages has been a bit of a snooze with few to no exciting deals, and I’ve avoided purchasing any of them. However, as I covered on Saturday, tomorrow’s deals are sales on Hyatt Gold Passport points that drop their price from the usual 2.4 cents per point to just 1.1 cents per point. I’m going to jump on this sale myself since 1.1 cents for Hyatt points is a huge bargain even if you don’t redeem them for super expensive top-tier Park Hyatts. I expect these to be very popular and go fast, so be ready to buy as soon as the sale starts!

Screen shot 2013-07-10 at 4.18.31 PM
Just one of four packages on sale through Daily Getaways tomorrow.

Although the packages are listed as things like “2 nights at a Grand Hyatt” and things like that, what you are actually doing is just buying blocks of points that get deposited into your account and then you can use them however you’d like – not just on the hotel levels advertised in the package.

The different options to buy Hyatt points are:

24,000 Gold Passport points for $260 – a rate of 1.08 cent per point
30,000 Gold Passport points for $330 – a rate of 1.1 cents per point
36,000 Gold Passport points for $415 – a rate of 1.15 cents per point
69,000 Gold Passport points for $775 – a rate of 1.112 cents per point

But remember, if you use an American Express card to buy the package – like the Premier Rewards Gold or Platinum cards, or even a card like the Starwood Amex or the Delta Gold Amex– you get another 10% discount! That brings your per-point cost to about .99 cents apiece.

So what does that mean exactly?

Well, if you were to buy the package of 36,000 points for $415 using an Amex, you’d only pay $373.50. That’s enough points for two nights at one of my favorite Hyatts, the Park Hyatt Buenos Aires, which is a Category 5 property requiring 18,000 points per award night. Room rates there are normally well over $500 per night, as you can see from this sample reservation in November.

Screen shot 2013-07-10 at 4.09.06 PMSo by paying $373.50, you’d be getting $1,100 in value with this redemption. To put it another way, you’d be paying .99 cents apiece for these points but redeeming them for 3.06 cents apiece – not a bad return on your spending!

On the other hand, I’m thinking of swinging by the Maldives later this year, and that 69,000 point option would be more than enough for three nights at the Park Hyatt Maldives, where the rooms start at over $1,000 a night, promising even bigger savings. As you can see with this second sample redemption, a Park Villa will normally set you back $1,040 a night, while you can also get it for 22,000 points.

Screen shot 2013-07-10 at 4.13.54 PMSo by paying $775 (or $697.50 if you use an Amex), you’re getting $3,120 worth of room value.

Last month, Hyatt had a 30% Bonus on Purchased Points which brought the cost down to 1.85 cents, but this sale is a much better deal.

Here are the packages as they’re described on the Daily Getaways site. They go on sale at 1:00 pm EDT sharp, and quantities are limited, so if you’re interested, better act fast.

Amex Daily Getaways Week 5 Schedule.
Amex Daily Getaways Week 5 Schedule including the Hyatt sale tomorrow.

2 Nights in a Hyatt Premium Hotel For $260 ($480 value), 100 Available, Max per purchase: 1
Dates of Travel: Anytime

  • What you Receive: 46% savings on two nights via 24,000 points deposited into your Hyatt Gold Passport account.
  • Enjoy 2 nights at any participating Hyatt Category 3 premium hotels worldwide.

2 Nights in Hyatt Top Hotel For $415 ($720 value), 15 Available, Max per purchase: 1
Dates of Travel: Anytime

  • What you Receive: 42% savings on two nights via 36,000 points deposited into your Hyatt Gold Passport account.
  • Enjoy 2 nights at any participating Hyatt Category 5 top tier hotels worldwide.

3 Nights in a Hyatt Suite for $775 ($1,380 value), 15 Available, Max per purchase: 1
Dates of Travel: Anytime

  • What you Receive: 44% savings on two nights via 69,000 points deposited into your Hyatt Gold Passport account.
  • Enjoy 3 nights in a suite at any participating Category 4 elite Hyatt hotel worldwide.

2 Nights in an Elite Hyatt Hotel For $330 ($600 value), 35 Available, Max per purchase: 1
Dates of Travel: Anytime

  • What you Receive: 45% savings on two nights via 30,000 points deposited into your Hyatt Gold Passport account.
  • Enjoy 2 nights at participating Hyatt Category 4 elite hotels worldwide.

Good luck!

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