Hyatt's New Promotion: Up to 60,000 Bonus Points
While it's not the Faster Free Nights that was number one on my birthday list, Hyatt announced today a decent promotion that will allow me to rack up some valuable Hyatt Gold Passport points.
Per Hyatt: Hyatt Gold Passport is excited to announce that the next global campaign will run 01APR11 through 30JUN11. Members can earn 10,000 HGP bonus points after their first 5 eligible nights and then 5,000 bonus points for every 2 nights after that. Members can earn up to 25 nights (maximum of 60,000 bonus points).Starting on 3/31, visit www.goldpassport.com/possibilities to register.
Initial thoughts:
1) This is more lucrative than their last promotion, The Great 10K, which offered 10,000 points for every 5 nights. In essence, this promotion gives 2,500 points a night vs Great 10k's 2,000. Granted, earning is capped at 60,000 points (25 nights), but payouts after the first 5 nights are after 2 nights (not the 5 night minimum of Great 10K)
2) Hyatt has been mum on G bonuses, which are random 1,000-3,000 bonuses for stays at random properties. There's never been much rhyme or reason to which properties participated and how many points each awarded, but it's clear that Hyatt's scaled back on this program and instead focused on their big promotion.
3) I don't know if there are many properties that are opting out, but I doubt it based on past promotions.
I'll wait to make final judgement until I see the full T&C, but in the meantime this promotion seems decent enough to me.
[card card-name='Ink Plus® Business Credit Card' card-id='22129636' type='javascript' bullet-id='1']
TPG featured card
at Bilt's secure site
Terms & restrictions apply. See rates & fees.
| 1X | Choose to earn up to 1X points on rent and mortgage payments with no transaction fee |
| 2X | Earn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases |
Pros
- Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
- Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
- $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
- $200 Bilt Cash annually
- Priority Pass membership
- No foreign transaction fees
Cons
- Moderate annual fee
- Designed primarily for members seeking a premium, all-in-one card
- Earn points on housing with no transaction fee
- Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
- 2X points on everyday spend
- $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
- $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
- Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
- Priority Pass ($469/year value). See Guide to Benefits.
- Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.