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Hyatt is offering up to a 40% bonus when buying Hyatt points. The email that I got suggested that the 40% bonus is for those who have the World of Hyatt credit card, though it appears that even those who are not targeted for the 40% bonus are still getting
Below are details of the promotion:
- Offer available with purchases made between 12:01 am ET September 12, 2017, and ends 11:59 pm ET October 3, 2017.
- Purchase a minimum of 10,000 Bonus Points in a single transaction and receive 40% additional Bonus Points.
- Bonus Points will be awarded upon completion of individual transactions.
- Bonus Points can be purchased in increments of 1,000, up to 55,000 points per calendar year. Members can receive points in increments of 1,000, up to 55,000 points per calendar year.
If you purchase the maximum allowed, you will receive 55,000 points plus 22,000 bonus points for a total of 77,000 points. The total cost is $1,320, about 1.72 cents per point.
Redeeming Hyatt points for free nights
To stretch your points longer, you can also use points and cash for a night. Below is the points and cash redemption chart.
As I wrote before, you can stay free on points at the brand new Grand Hyatt Baha Mar. You can still save money even if you use points purchased to redeem a night. As an example, for the President’s Day weekend in February 2018, the average nightly rate for the 3-day weekend is $445 per night. With taxes and fees, 3 nights will cost you $1,737 in total (there are lots of taxes!) Alternatively, you can use 20,000 points per night, or 60,000 points total for the entire weekend.
Purchased points can represent great value sometimes. But as always, you need to crunch the numbers to ensure it makes sense. (SEE ALSO: When does buying airline miles make sense? ONLY in these 3 instances)
During the past two years, Hyatt has offered bonus on purchase points about four times a year, and the maximum bonus ranged from 30% to 40%. So the current promotion is on the high side. As I always say, if you don’t have an urgent need for Hyatt points, I would recommend waiting for the next promotion with higher bonus. I generally would only buy Hyatt or any other type of miles or points if you have a specific short-term need for them
Buy Hyatt points here through October 3rd (I may receive a commission if you buy points through this link)