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Hyatt just announced its latest buy points promotion, offering a 30% bonus on point purchases through July 29, 2020. This enables World of Hyatt members to acquire points for as little 1.85¢ a piece.
A Note on Buying Points
Before we get into the details, it's important to note that buying points without a plan is seldom a good idea. This is especially true now, while most of us are unsure when we'll be able to travel again. No matter the bonus a program offers, make sure you have a valuable use for the points before reaching for your wallet.
With that said, there are two common scenarios where buying points could present a good value. The first is when you're just short of the points necessary for that perfect award night you've been planning. The second is when buying enough points for an award night is cheaper than paying the cash rate.
- Offer available through July 29, 2020
- Buy at least 5,000 Hyatt points and receive 30% bonus points
- You must be a World of Hyatt member for at least 60 days to participate
- Purchase up to a maximum of 55,000 Hyatt points (pre-bonus) per year
- The terms and conditions state that purchased points will post within 48 hours of the transaction. However, according to the AwardWallet Balance Watch Feature, Hyatt points typically post immediately.
- Purchased points are not refundable, and transactions are non-reversible.
- Purchased points do not count toward World of Hyatt elite membership tiers.
- See all of the World of Hyatt Terms and Conditions
When Could it Make Sense?
World of Hyatt points are one of the most valuable hotel currencies today. Award nights typically cost between 5,000 and 40,000 points per night, and numerous sweet spots can present incredible value per point.
Similar to Hilton or IHG, some of the best savings can be found when comparing award prices to the inflated cash rates at higher-tiered properties. Where Hyatt is unique, however, is that similarly great value can also be found at lower category properties.
Let's look at a few examples to see if it's possible to leverage this buy Hyatt points promotion for a great stay at a great price.
Rejuvenate in Bali
In Fall 2018, Hyatt announced a new partnership with Small Luxury Hotels, a collection of boutique, upscale properties scattered across the globe. Over the last two years, this partnership has expanded to include over 300 luxury properties bookable through Hyatt.
One of these properties is the stunning Viceroy Bali, an oasis of relaxation and rejuvenation in the jungle near Ubud. Even the standard room sports a private plunge pool, so it's not surprising that the cash rates are typically over $700 per night.
As a category seven property, award nights start at 30,000 points. If you bought Hyatt points at 1.85¢ per point, you could book the same room for only $555, a 29% savings compared to the cash rate.
Getting Classy in Naptown, USA
For an excellent example of when buying Hyatt points could save you money at a lower-tier property, we're heading to my hometown, Indianapolis. I've always had a soft spot for the Downtown Indy Hyatt Regency. It was, after all, the very first Hyatt hotel I ever stayed in.
With a central location only steps away from Lucas Oil Stadium and a direct connection to the Indianapolis Convention Center, prices are commonly a bit higher than you might expect.
But since it's only a Hyatt category 2 property, award nights cost only 8,000 points.
With cash rates often around $315, including taxes and fees, that's almost a 4¢ per point value. If buying Hyatt points at 1.85¢ a piece, a night here would only cost $148—saving over 53% compared to the cash rate.
Venture Down Under
One of my favorite Hyatt properties is the breathtaking Park Hyatt Sydney, located just across the harbor from the famous Sydney Opera House. Unfortunately, it's also notoriously pricey.
As another category seven property, buying enough points under the terms of this promotion costs $555. Considering cash rates are often around US$800 per night, that's a pretty stellar deal.
Book a Private Island in the Caribbean
My last example is a little hard to believe, so bear with me. Late last year, the points and miles community collectively gasped when it was discovered that one of the Small Luxury Hotel properties partnered with Hyatt was an ‘ultra all-inclusive' private island resort called Calala Island.
Located in the ‘NiCaribbean'—off the Caribbean coast of Nicaragua—and hosting a maximum of 8 occupants, this is an authentic private island experience.
Forget about the cash rate. This is one of those situations where if you have to ask how much it costs, you probably won't be willing to pay it.
There are three Junior Suites and one Master Suite on the island, with two of the Junior Suites bookable with points at a time. As one of Hyatt's top Category 8 properties, award nights cost 40,000 points.
So if you manage to find suitable award availability, you could buy enough points for a night here for $740. While still a costly stay, it's a heck of a lot cheaper than the cash alternative. Just keep in mind that the minimum stay length is three days.
Unfortunately, Hyatt allows loyalty members to purchase a maximum of 55,000 miles per year. Fortunately, Hyatt also allows members to combine Hyatt points for a redemption. To initiate a points transfer, you'll need to fill out this form with both party's information and send it to the email or mailing address on the form.
However, you can only transfer enough points to complete a specific redemption, and you can only send or receive points from another account once every 30 days.
Maximize Your Purchase
Hyatt point purchases are processed by Points.com, meaning it won't qualify for the travel bonus category offered on some credit cards. In this case, you're better off using a points purchase to qualify for the minimum spending requirement of a welcome bonus or using a card that bonuses everyday purchases. Some of our favorites include:
- Chase Freedom Unlimited®
- Citi® Double Cash Card
- The Blue Business® Plus Credit Card from American Express
Other Ways to Earn Hyatt Points
Another great way to build your stash of Hyatt points is through a co-branded credit card. Hyatt partners with Chase for The World Of Hyatt Credit Card (review), which currently offers a sign-up bonus of up to 50,000 points - 25,000 bonus points after you spend $3,000 on purchases in the first 3 months from account opening, plus an additional 25,000 points after you spend a total of $6,000 on purchases within the first 6 months of account opening.
Moreover, new applicants who apply before June 30, 2020 will also receive ten qualifying night credits towards Hyatt elite status.
- 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
- 9X points total per $1 spent at Hyatt - 4X points per $1 when you use your card at Hyatt hotels & 5X points per $1 you can earn as a World of Hyatt member
- 2X 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
- 1X point per $1 everywhere else
Additionally, Hyatt is a 1:1 transfer partner with Chase Ultimate Rewards. That means that UR earning cards—like the Chase Sapphire Preferred® Card or the Ink Business Preferred℠ Credit Card—can effectively earn World of Hyatt points too.
- 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
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.
- 2X points on travel and dining at restaurants worldwide
- 1X point per dollar spent on all other purchases
World of Hyatt is one of our favorite hotel loyalty programs. So, anytime there's a buy Hyatt points sale, it's always worth looking into whether it can work for you. While a 30% bonus isn't bad, it's not the best we've seen. Hyatt's best promotion is typically a 40% bonus, or the ability to buy points for around 1.71¢ each. We saw a bonus like this as recently as December 2019.
If the numbers can work for you, then go for it. Otherwise, you're probably better off holding onto your cash or earning points through credit card spend.
Will you buy Hyatt points with a 30% bonus?
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