Buy Hyatt Points Up To 30% Bonus – 1.85 Cents Each

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Now through November 29, 2013, Hyatt is offering a promotion where you can buy Gold Passport points at up to a 30% bonus. It’s a tiered promotion where the bonus yet get depends on the number of points you buy, and here is how the bonus is calculated:

  • Purchase 10,000 to 19,000 points and get a 10% bonus
  • Purchase 20,000 to 39,000 points and get a 20% bonus
  • Purchase 40,000 points and get a 30% bonus

Screen shot 2013-11-24 at 8.45.06 AM

Gold Passport points normally cost 2.4 cents apiece, but if you max out the bonus at 40,000 points to end up with a total of 52,000 points for $960, then you’re paying closer to 1.85 cents per point.

As always, whether that’s worth it depends on what you plan to use those points for. It rarely makes sense to make a big points purchase if you don’t have a specific award stay in mind. Especially since even at 1.85 cents, these might be overpriced for some redemptions. However, if you have a particular award stay you’re gunning for and not upcoming opportunities to earn Hyatt points, purchasing enough points to top up might make sense.

For example, if you wanted to end up with 44,000 points in order to book 2 nights at a top-tier Category 6 hotel before the January 7 devaluation where six of those properties will go up to 30,000 points per night, you’d only have to buy 37,000 with the 20% bonus this promo offers for a total cost of $648.

Let’s say you decided to take a last-minute trip to Milan over Thanksgiving since airfares there are low right now thanks to competition between Delta/Alitalia and Emirates on its new JFK-MXP route, you could book a room at the Park Hyatt Milan where I stayed last May for either 540 EUR ($732) or 22,000 points per night (again , after the devaluation, this hotel will require 30,000 point per night):

Screen shot 2013-11-24 at 9.19.04 AMSo you paid $648 but you’re getting $1,464 in value – that’s a savings of $816, or a 126% bonus. Granted, this is a very expensive example and one where it makes sense based on the very high room rates at Hyatt’s top-tier hotels. If you’re looking to use your points at mid-tier hotels, you might not be getting such a great deal.

For example, the Hyatt Chicago Magnificent is a Category 4 hotel where each award night will cost you 15,000 points. Let’s say you bought enough points for 2 nights here – 30,000, only with this promo you’d only need to purchase 25,000 points for a total of $600. However, room rates are as low as $109 next month:

Screen shot 2013-11-24 at 9.28.41 AMSo you’d actually be spending $382 more than you’d need to for those points.

Buying a few extra thousand points to top up to the closest award level might make sense, as would redeeming for free nights at Hyatt’s top-tier hotels and resorts since, in general, those are some of the best redemption options out there. However, I would always caution you to check the rates at the specific property you are interested in and see if purchasing points makes sense for your particular situation.

Ink Plus® Business Credit Card

Apply Now
  • Earn 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 5X points per $1 on the first $50,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year.
  • Earn 2X points per $1 on the first $50,000 spent in combined purchases at gas stations and hotel accommodations when purchased directly with the hotel each account anniversary year.
  • Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn
  • No foreign transaction fees
  • Chip-enabled for enhanced security at home and abroad when used at a chip card reader
  • Employee cards at no additional cost
  • $95 Annual Fee
Intro APR Regular APR Annual Fee Balance Transfer Credit Rating
N/A 15.49% Variable $95 See Terms Excellent Credit

Maximize your rewards, points and cash back. Get a Personalized Recommendation Now