Get great Hyatt redemptions by buying points with a 40% bonus

Sep 18, 2019

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If your World of Hyatt balance is looking a little low — and you don’t have enough Chase Ultimate Rewards to transfer over — you just got a new way to boost your balance. Hyatt just launched a new buy points promotion, giving members the chance to purchase points with a 40% bonus now through Oct. 18.

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.

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. For example, Katie and I recently stayed at the incredible Hyatt Regency Kuantan Resort for just 5,000 points per night. Even better, there are no resort fees at this property.

Partial ocean view from our room
We got a partial ocean view room on our points stay. (Photo by Katie Genter/The Points Guy)

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

Remember that you can also redeem as few as 2,500 points plus a cash co-pay 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 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 snag 50,000 points on the Chase Sapphire Reserve by spending $4,000 in three months, or 60,000 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:

  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, 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.

Some members that have already purchased points this year are getting an email that their purchase limit was doubled to 110,000 points — such as TPG’s executive assistant Christie Matsui:

Which credit card to use to purchase

Hyatt point purchases are processed by Points.com, so these purchases won’t code as travel. You won’t earn bonus points from cards such as the Chase Sapphire Reserve. One exception was purchases on the Ink Business Preferred Card which previously earned 3x points (on the first $150,000 in combined purchases each account anniversary year), but recent purchases have only earned 1x point per dollar.

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% cashback 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.

The World Of Hyatt Credit Card

 

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More Things to Know
  • Earn 25,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening. Plus, 25,000 Bonus Points after you spend $6,000 total within 6 months of account opening.
  • Free nights start at 5,000 points
  • Receive 1 free night at any Category 1-4 Hyatt hotel or resort after your Cardmember anniversary
  • Earn an extra free night at any Category 1-4 Hyatt hotel if you spend $15,000 during your cardmember anniversary year
  • Get automatic World of Hyatt Elite status and 5 qualifying night credits every year as long as your account is open
  • Earn 2 qualifying night credits towards tier status everytime you spend $5,000 on your card
  • Earn 9 points total for Hyatt stays - 4 Bonus Points per $1 spent at Hyatt hotels & 5 Base Points per $1 you can earn as a World of Hyatt member
  • Earn 2 Bonus Points per $1 spent at restaurants, on airlines tickets purchased directly from the airlines, on local transit and commuting and on fitness club and gym memberships
Intro APR on Purchases
N/A
Regular APR
17.99% - 24.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each balance transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the 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.

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