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This Hyatt Points Purchase promotion has ended, however, you can still purchase Hyatt points.
Hyatt Gold Passport is offering up to a 40% bonus on purchased points through July 31, 2016. The offer is open to all members, but the bonus level is targeted, so you will need to enter your name and Gold Passport number on the promotion page to see what level of bonus you will receive.
Unlike similar promotions we have seen recently from IHG Rewards and AAdvantage, this is not a tiered offer. A minimum purchase of 5,000 or more points nets you the requisite bonus.
Hyatt allows you to purchase a maximum of 55,000 points per year, so, assuming you haven't bought any Gold Passport points this year you would receive an additional 22,000 points by maxing this promotion out for a total of 77,000 points. Buying 55,000 points will set you back $1,320, bringing the cost-per-point down to 1.71 cents per point. This rate equals the best purchase price offered by Hyatt.
To leverage even more value out of this points purchase, you can stack this promotion on top of the 10% rebate on redeemed points for Hyatt Credit Cardholders, effectively dropping the cost-per-point down to 1.54 cents.
When Would It Make Sense To Purchase Points
In a recent example from last months 19 Different Ways to Redeem Ultimate Rewards, staying at the Park Hyatt Sydney would cost 30,000 points per night as a category 7 hotel, while it would cost $786 per night on the day of our example if you were to pay cash, providing 2.62 cents per point value.
You could also potentially extract additional value out of Hyatt Points + Cash redemptions. Using Points + Cash gives you access to what are essentially discounted paid room rates that count towards elite stay accrual, qualifying nights accrual for promotions, and also points accumulation. Additionally, you can apply your Diamond confirmed suite upgrades to Points + Cash stays.
If you need to top off your account for a specific redemption, now is the time as this promotion equals the best bonus Hyatt has ever offered.
While there is apparent value in a points purchase with this level of bonus, I still wouldn't advise any speculative purchases. If you have a specific redemption in mind, now is the time to call and check availability and determine if a points purchase will work for you.
Keep in mind that Hyatt Gold Passport points are purchased through Points.com and will not count towards any travel bonus on credit card spend.
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