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UPDATE 8/26: Reposting this as the last day to buy Hyatt points with the 40% bonus is tomorrow (8/27)
Below are details of the Hyatt 40% bonus points promotion, which runs through August 27th:
- Offer available with purchases made between 12:01 am ET July 23, 2019 and ends 11:59 pm August 27, 2019.
- Purchase 5,000 or more 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
- I may receive a commission if you purchase points through my link
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 1.85 cents per point. Last time they ran this promotion the bonus was 40% so it’s about as high as it’s ever been.
Redeeming Hyatt points for free nights
Below is the current award chart for Hyatt hotels, starting at as little as 5,000 points in a standard room, and goes up to 60,000 points in a suite at Hyatt’s most aspirational hotels.
As I have written 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.
When I stayed at the Hyatt Zilara Montego Bay Jamaica, the cash cost was $620 / night plus tax! So if you were planning on staying there, buying points would be a cheaper option as well. I generally do not recommend buying points speculatively, but if you have a specific redemption like this, it could make sense
Purchased points or airline miles can represent great value sometimes. But as always, you need to crunch the numbers to ensure it makes sense.
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 about as high as it’s been. 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
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