Last chance: Great Hyatt redemptions you can get by buying points with a 40% bonus
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Editor’s note: This post was originally published on Nov. 14, 2019.
If your World of Hyatt balance is looking a little low — and you don’t have enough Chase Ultimate Rewards to transfer over — today’s your last day to score a big bonus when you boost your balance. Hyatt’s latest buy-points promotion is set to expire December 31, giving members one last chance to purchase points with a 40% bonus.
Without any bonus, Hyatt points sell for 2.4 cents apiece. However, with the 40% bonus, you can get them at the discounted rate of 1.71 cents each. TPG’s latest valuations peg World of Hyatt points at 1.7 cents each, so there’s potential to get good value from buying points at this rate.
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The Hyatt award chart starts at just 5,000 points per night. At the optimal 1.71 cents per point rate, you can buy award nights starting at just $86. And there are some excellent options at just 5,000 points each.
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 1-4 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 2,500 points plus a cash copay through Points + Cash redemptions. Also, award nights count toward elite status.
Free ways of getting Hyatt points
No matter how good of a deal the buy-points promotion is, there are still many other ways to earn Hyatt points, and 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 — which is currently offering up to 50,000 bonus points. You’ll earn 25,000 bonus points after you spend $3,000 on purchases within the first three months of account opening and an additional 25,000 bonus points after you spend $6,000 total on purchases within the first six months of account opening.
Also, you can transfer points from Chase Ultimate Rewards to Hyatt at 1:1 ratio. If you’re short on Ultimate Rewards points, the highest sign-up offer available now is the Ink Business Preferred Credit Card‘s 80,000-point sign-up bonus after you spend $5,000 on purchases in the first three months from account opening.
You could also earn 50,000 bonus points on the Chase Sapphire Reserve by spending $4,000 on purchases in the first three months of account opening, or 60,000 bonus points on the Chase Sapphire Preferred Card, after you spend $4,000 on purchases in the first three months from account opening.
How to buy Hyatt points with a 40% bonus
If you’re interested in taking advantage of this deal, here are the step-by-step directions:
- Visit Hyatt’s Buy Points link.
- Enter your World of Hyatt membership number, name and email address.
- Select the number of points you want to purchase, 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.
Which credit card to use to purchase
Consider using the The Blue Business®️ Plus Credit Card from American Express (2x Membership Rewards points on the first $50,000 per year — a 4% return — then 1x after), Chase Freedom Unlimited (1.5% cash back/1.5 Ultimate Rewards points, 3% return), Capital One® Venture® Rewards Credit Card (2x miles on all purchases, which can be redeemed for 2% cash back or 2.8 cents of value toward transfer partners).
If you have the Bank of America® 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.
Featured photo of the Hyatt Regency Kuantan Resort — available for just 5,000 points per night — by Katie Genter/The Points Guy.
WELCOME OFFER: 60,000 Points
TPG'S BONUS VALUATION*: $1,200
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.
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
- 2X points on travel and dining at restaurants worldwide & 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, 60,000 points are worth $750 toward travel
- No delivery fees for a minimum of one year on qualifying food purchases with a DashPass subscription from DoorDash -over a $100 value. Activate with your Chase Sapphire card by December 31, 2021.
- Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.