Buy Hyatt points with a 30% discount, as low as 1.68 cents apiece

Editor’s note: This is a recurring post, regularly updated with new information.

If your World of Hyatt balance is looking a little low — and you don’t have enough Chase Ultimate Rewards to transfer over — you may want to buy points with Hyatt’s latest buy-points promotion.

Through Sept. 30, you can get a 30% discount when you purchase 3,000+ Hyatt points.

Hyatt usually sells points points for 2.4 cents apiece. However, with the 30% discount, you can get them at a rate of 1.68 cents each. TPG values Hyatt points at 1.7 cents each, giving you a rare opportunity to buy them at less than our valuation. Plus, in many cases, you can get much more value.

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Should you buy Hyatt points now?

Hyatt is one of the only remaining hotel loyalty programs with a fixed award chart, so you can get some excellent deals. You won't find sky-high redemption rates on holidays, and so long as there's award space, you can book high-end properties at predictable rates regardless of the cash price.

However, do note that Hyatt rolled out peak and off-peak pricing earlier this earlier this year. While this is a slightly more predictable form of dynamic award pricing, it means that World of Hyatt’s award charts now have varying prices depending on the forecasted travel demand for that date at that property.

Overall, based on our analyses, peak and off-peak pricing is not all that bad. Our tests showed it has resulted in slightly higher average award rates, but in most cases, the net difference was small.

For better or worse, World of Hyatt’s peak and off-peak dates are set in stone when the calendar opens for bookings so there’s no risk in award rates changing depending on when you book. Still, we only recommend buying points if you have a specific redemption in mind.

Related: How I use World of Hyatt points to save on hotel stays during holidays and events

Redemption possibilities

The Hyatt award chart now starts at just 3,500 points per night. At the optimal 1.68 cents per point rate, you can buy award nights starting at just under $60 on off-peak nights. And some excellent options are start at 3,500 points each, such as the Hyatt Regency Kuantan Resort. Additionally, you can sometimes get great value using points toward booking Hyatt suites.

Related: Current World of Hyatt promotions

If you’re looking for more inspiration on how to redeem Hyatt points for maximum value, here are some great options:

• The best U.S. Category 1 Hyatt properties — including Hyatt House properties in Colorado, Philadelphia, Houston and more.
• The best international Category 1 Hyatt properties — including an incredible Park Hyatt in India, a Hyatt Place in Cabo and a Hyatt House in the heart of Mexico City.
• Family-focused Category 1 to 4 Hyatt properties — including a property in Colorado that offers free ski lift passes and great hotels for road trips.
• TPG readers’ favorite Hyatt redemptions — from Hyatt properties in New York City to Hong Kong.
• Ways to maximize your Hyatt redemptions — including using points to upgrade to a better room.

Remember that you can also redeem as few as 1,750 points plus a cash copay through Points + Cash redemptions. Also, award nights count toward elite status.

Related: Your guide to maximizing redemptions with Hyatt

Other ways to get Hyatt points

No matter how good of a deal the buy-points promotion is, there are still many other ways to earn Hyatt points. Using a credit card sign-up bonus can be a much cheaper way of stocking up. You can do so directly through the World of Hyatt Credit Card, currently offering up to 60,000 bonus points. You’ll earn 30,000 bonus points after spending $3,000 on purchases within the first three months from account opening. Plus, up to 30,000 more bonus points by earning 2 bonus points total per dollar spent on purchases that normally earn 1 bonus point, on up to $15,000 in the first six months of account opening.

Also, you can transfer points from Chase Ultimate Rewards to Hyatt at a 1:1 ratio. If you’re short on Ultimate Rewards points, the highest sign-up bonus available now is the Ink Business Preferred Credit Card‘s 100,000 bonus points after you spend $15,000 on purchases in the first three months of account opening.

Meanwhile, the Chase Sapphire Preferred Card offers 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening.

Related: Why the World of Hyatt credit card is great for family travelers

How to buy Hyatt points with a 30% discount

If you’re interested in taking advantage of this deal, here are the step-by-step directions:

1. Visit Hyatt’s Buy Points link.
2. Enter your World of Hyatt membership number, name and email address.
3. Select the number of points you want to purchase (minimum 3,000 to get the discount), enter your credit card information and billing address, agree to the terms and conditions and click Purchase Bonus Points.

Keep in mind that the usual restrictions for purchasing Hyatt points apply to these transactions, including:

• You must purchase points in increments of 1,000 points up to a maximum of 55,000 points per calendar year.
• Any purchased points will not count toward qualification for any increased or improved status or elite membership in the World of Hyatt program.

This discount will be available through Sept. 30, 2022.

Which credit card to use to purchase

Hyatt point purchases are processed by Points.com, so they won’t code as travel. You won’t earn bonus points from cards such as the Chase Sapphire Reserve. (Return percentages based on TPG valuations and not provided by the issuer)

Consider using The Blue Business®️ Plus Credit Card from American Express (2 Membership Rewards points per dollar on the first $50,000 in purchases per calendar year – a 4% return — then 1 point per dollar after, terms apply), Chase Freedom Unlimited (1.5% cash back/1.5 Ultimate Rewards points, 3% return) or Capital One Venture Rewards Credit Card 2 miles per dollar on all purchases, which you can redeem for cash back or 3.7 cents of value toward transfer partners based on TPG valuations).

If you have the Bank of America® Customized Cash Rewards credit card and have chosen online purchases as your category, you can get at least 3% cash back on these purchases (on the first $2,500 in combined choice/category purchases each quarter; then 1%). If you have significant assets with Bank of America and affiliates, you can get up to 5.25% cash back on these purchases.

Related: The best hotel credit cards

Additional reporting by Andrew Kunesh and JT Genter