Hyatt 30% Bonus on Purchased Points – Worth It?

Jun 26, 2012

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Now through August 31, 2012, Hyatt is offering bonuses between 10-30% on purchased Gold Passport points (for your own account, you can’t buy them for someone else).

Crunching the Numbers
Here’s how it breaks down:

-Buy 1,000 – 9,000 points and get a 10% Bonus
-Buy 10,000 – 29,000 points and get a 20% Bonus
-Buy 30,000 – 40,000 points and get a 30% Bonus

Normally, Hyatt points cost 2.4 cents each. With this promo, however, when you purchase 9,000 points, you get 9,900 for $216, so 2.2 cents each. When you buy 29,000, you receive 34,800 points for $696, so 2 cents each. Now we’re getting somewhere. Finally, when you purchase 40,000 points, you get 52,000 total for $960, or 1.85 cents apiece. You can only purchase up to 40,000 Gold Passport points for yourself a year.

Worth It?
As usual, 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 a bit overpriced. 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.

There are a couple other cases where I would think about it personally as well. With this promo, you could buy 34,000 points for $816 and get an additional 10,200 for a total of 44,200, enough for two free nights at any top-tier Category 6 hotel such as the newly reopened Park Hyatt Sydney, where rooms are going for $770 a night. So instead of paying $1,540, you’d be saving $724…almost a 50% discount.

Buying enough points for 2 free nights at the Park Hyatt Sydney might be one of the scenarios where it’s worth it.

On the other hand, if you wanted to stay at a Category 4 property such as the Hyatt Regency Orlando, you’d need 15,000 points. That would cost you $336 (you’d pay for 14,000 and get 2,800 as a bonus).  Rooms at this hotel are going for just $170 a night though, so you’d actually be paying double!

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.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points


CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
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  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
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