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Hyatt Points + Cash award redemptions are a great way to mix points and money on a hotel booking. But another way to look at them is that you’re “buying” Hyatt points when you redeem for a Points + Cash award — you’re substituting a prescribed amount of cash in lieu of booking the award entirely with points using the standard award rate, thereby paying money to spend fewer points. There’s a sweet spot at category 2-6 hotels where you can effectively “buy” Hyatt points this way for 1.2 to 1.4 cents each when choosing the Points + Cash option, which is a good deal since TPG values Hyatt points at 1.8 cents per point.

However, today we’re finding a much cheaper cash co-pay being quoted for certain Hyatt properties. This unadvertised sale effectively lets you buy Hyatt points for as little as 0.68 cents per point when making a Points + Cash redemption.

First, here are the normal Points + Cash booking rates:

Category Award Rate per Night Points + Cash per Night
1 5,000 2,500 + $50
2 8,000 4,000 + $55
3 12,000 6,000 + $75
4 15,000 7,500 + $100
5 20,000 10,000 + $125
6 25,000 12,500 + $150
7 30,000 15,000 + $300

Extreme Hotel Deals — which broke this deal — has compiled the following list of properties currently booking at cheaper rates:

Hotel Name Discount Rate Cost Per Night
(TPG valuations)
Standard Award Rate Standard Points + Cash Rate
Hyatt Place Cleveland/Westlake/Crocker Park $17 + 2,500 $62 5,000 $50 + 2,500
Hyatt Place Canton $17 + 2,500 $62 5,000 $50 + 2,500
Hyatt Place Jackson/Ridgeland $17 + 2,500 $62 5,000 $50 + 2,500
Hyatt Place Charleston Airport/Convention Center $28 + 4,000 $100 8,000 $55 + 4,000
Hyatt Place Chicago/O’Hare Airport $30 + 4,000 $102 8,000 $55 + 4,000
Hyatt Place Buffalo/Amherst $31 + 4,000 $103 8,000 $55 + 4,000
Hyatt Place Minneapolis/Eden Prairie $32 + 4,000 $104 8,000 $55 + 4,000
Park Hyatt Hyderabad $34 + 4,000 $106 8,000 $55 + 4,000
Grand Hyatt Jakarta $50 + 6,000 $158 12,000 $75 + 6,000
Grand Hyatt Muscat $60 + 7,500 $195 15,000 $100 + 7,500
Park Hyatt Zanzibar $80 + 10,000 $260 20,000 $125 + 10,000
Park Hyatt Chicago $100 + 12,500 $325 25,000 $150 + 12,500

Since this is an unadvertised sale, there may be even more hotels that have discounted Points + Cash rates beyond the ones above. However, keep in mind that unlike regular Hyatt point awards — which are supposed to be available any time a base-level room is available — Points + Cash award inventory is at the discretion of the hotel, so you may not always find a Points + Cash room during a search.

But if you have an upcoming potential Hyatt stay that you’re considering booking with points, make sure to check the Points + Cash option and look closely at the cash co-pay amount to see if it might be lower than usual, turning a good deal into a great deal.

H/T: Extreme Hotel Deals

The Hyatt Credit Card

This is a card that TPG recommends to keep open year after year because of the free night you earn each year after your cardmember anniversary. Even though there is a $75 annual fee, the value of a free night at a category 1-4 property can be worth hundreds of dollars. You'll also receive Discoverist status as long as you are a cardholder, which will get you complimentary premium internet plus a free night once you stay at 5 different Hyatt brands.

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More Things to Know
  • Earn 40,000 Bonus Points after you spend $2,000 on purchases with the Hyatt Credit Card in the first 3 months after account opening.
  • Get 5,000 Bonus Points after you add an authorized user to your account and make a purchase with your card during the first 3 months as a cardmember.
  • Plus, receive 1 free night every year after your cardmember anniversary at any Category 1-4 Hyatt hotel or resort.
  • Get Bonus Points on every purchase. Free nights start at just 5,000 points.
  • 3 Bonus Points for every $1 spent at Hyatt hotels and resorts.
  • 2 Bonus Points per $1 spent at restaurants, on airlines tickets purchased directly from the airlines and at car rental agencies, Plus 1 Bonus Point per $1 spent on purchases elsewhere.
  • Keep all the points you earn - your points do not expire as long as your Hyatt Credit Card account is open.
  • As a Hyatt Cardmember, you'll enjoy Discoverist status in World of Hyatt for as long as your Hyatt Credit Card account is open.
Intro APR on Purchases
Regular APR
17.24% - 24.24% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.