Reminder: Cheap Hyatt Points for Sale at Noon
Last week I wrote about the Daily Getaways promotion, where numerous hotel and car companies are selling cheap packages. Hyatt is getting in on the action and if you use the points correctly, you can get a ton of value out of the deal - especially if you use an American Express card, which rewards you with an additional 10% off.
When you go to the site, you may be confused at first because they don't set the deals up as a straight forward points purchase, which they are. Since most people don't realize what Hyatt points can get you, they are framing it as several packages of points that will earn you different amounts of nights in different types of hotels. For example:
Two nights at "elite hotels" for $333. In clearer terms for us point junkies; "you can buy 30,000 points for $333." Those points can then be redeemed for two nights at a category 4 hotel - if you so choose. There is no actual restriction on how you redeem the points, so you could use 22,000 for the Park Hyatt Paris Vendome, which routinely has nightly rates of 700 Euros. The points are being sold for 1.1 cents a piece, which is a bargain from the new price of 2.4 cents a piece. Plus, if you use an Amex card, you can get the price down to under a cent a piece, which is a great deal for almost all redemptions. These will sell out quickly, so have your browser ready at 12 noon EST sharp. I'll be one of the people jockeying for one of these packages, so I don't know why I'm even telling you all about this great deal! Just kidding :-)
24,000 Gold Passport points for $250, 1 cent per point
30,000 Gold Passport points for $333, 1.1 cents per point
36,000 Gold Passport points for $415, 1.1 cents per point
69,000 Gold Passport points for $778, 1.1 cents per point