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American Express and the US Travel Association (a non-profit organization dedicated to promoting US travel) have partnered to offer discounts and deals with various travel brands and loyalty programs during the next month, including hotel packages, points/miles purchase promos, rental car discounts and more. These deals are called the Daily Getaways.
Each day we’ll hash out the details of that day’s deal to see whether it’s worth taking advantage of.
Today’s deal goes live at 1 pm EDT, and you can sign up for alerts if you’d like to be notified when the deals go live.
All of these promotions have the added benefit that you can save an extra 10% for purchasing with an Amex card, like the Platinum and Premier Rewards Gold, or even co-branded cards like Delta Gold and the Starwood Preferred Guest Credit Card from American Express.
Wednesday June 4, 2014: Hyatt Gold Passport Points
- 24,000 Hyatt Gold Passport points for $260, 95 available
- 30,000 Hyatt Gold Passport points for $330, 35 available
- 40,000 Hyatt Gold Passport points for $415, 15 available
- 72,000 Hyatt Gold Passport points for $775, 15 available
The Hyatt offer is marketed as free hotel stays, but really it’s just points packages. The prices for these points are between 1.0 and 1.1 cents per point, depending on whether you apply the American Express discount. This is much cheaper than the normal price of about 2.4 cents per point, which means you’re getting almost half off if you buy the Daily Getaway deal.
As an example, the 30,000 point deal gives you enough points for two nights in the Hyatt Andaz Papagayo Resort in Costa Rica. This property recently dropped from Category 6 to Category 4, and now requires just 15,000 points per night. With the Daily Getaway you’re effectively getting two nights there for $330, or $297 with the Amex discount. Room rates at the Andaz Papagayo start at $650 for two nights, so you’re saving about half the normal cash rate if you can purchase the package.
Despite Hyatt’s recent devaluation, Gold Passport points still offer the most value of any hotel points besides Starwood Preferred Guest. I value Hyatt points around 1.8 cents per point, and love using them for suites or at some of the high tier Hyatt properties like the Andaz 5th Avenue in New York and the Park Hyatt Vendome in Paris. Hyatt also has a relatively new partnership with MLife properties in Las Vegas. While Vegas hotels can often be had for cheap (making point redemptions less enticing), it’s good to have options.
Overall I think this deal is great, and given the opportunity I would get in on it. However, as is the trend with the most lucrative Daily Getaway deals, the likelihood of actually scoring one of these packages is low since so few are available. You’ll have the best chance going for the 24,000 point deal, since there is a relative cornucopia of 95 packages up for sale.
A purchasing tip: though many of these packages will show up as “In someone else’s cart,” you can still snag them by refreshing and trying to scoop them up when that someone else either decides not to purchase or experiences technical difficulties. Hey, their loss is your gain – many TPG readers have gotten packages this way, so don’t be shy about obsessively refreshing and clicking; it could pay off!
With great transfer partners like United and Hyatt, 2x points on travel & dining and a 50,000 point sign up bonus, the Chase Sapphire Preferred is a great card for those looking to get into the points and miles game.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards