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Through September 15, 2014, you can get up to a 30% bonus when purchasing Hyatt Gold Passport points. Typically, I do not think purchasing points is worth it, but with this bonus and at a few select hotels, it can absolutely save you a boat load of money. To purchase points cost 2.4 cents/point and the maximum amount that can be purchased each year is 55,000 points (you used to only be able to purchase 40,000 points a calendar year, so it looks like they have increased the maximum). With this promotion, you will receive the following bonus:
- Purchase 5,000-19,000 points –> get a 10% bonus
- Purchase 20,000-39,000 points –> get a 20% bonus
- Purchase 40,000-55,000 points –> get a 30% bonus
Purchase points here.
Let’s take a few scenarios on how purchasing these points can actually be in your benefit:
Example 1: Hyatt Escala Lodge
This Hyatt property at the base of the Canyons Mountain in Park City, UT is a category 4 hotel (which means 15,000 points to redeem for a free night). During ski season, this hotel cost about $500/night – which I do think is expensive for this property. Instead you can purchase 47,000 points with a 14,100 bonus (thus netting you 61,100 points) for $1,128. These 61,100 points can be redeemed for 4 free nights, costing $282/night – much cheaper than the going rate of $500/night! Or, if the Points + Cash option is available you can purchase 25,000 points with a 5,000 bonus (remember at this level you are only getting a 20% bonus) and those 30,000 points will cost you $600. For a category 4, a Points + Cash redemption night costs 7,500 points and $100. So four nights with this option will only cost you $250/night. And the best thing about Points + Cash is that you can use a diamond suite upgrade and the stay counts for all promotions and towards status.
Example 2: Park Hyatt Maldives Hadaha
This new-ish property in the Maldives is a category 6 hotel (which means 25,000 points to redeem for a free night). I checked a bunch of random nights and found the average night to cost about $1,000! With a high nightly cost, using points will essentially get you a buy one, get one! You can purchase 40,000 points plus an 12,000 bonus and it will cost you $960. This is less then $500/night! And, similar to the example before, if Points + Cash is available, you can do much better – this option requires 12,500 points + $150/night. You could purchase up to 5 nights worth of points with this current promotion – it will cost you $1,152 to purchase the points then another $150/night, meaning it will only cost you $380.40 a night! That is an incredibly cheap option to stay in the Maldives. Unfortunately though, you cannot check availability online and so you must call 1-800-228-3360.
If you know of any upcoming plans, I would absolutely look into the option of purchasing points and see if it worth it. However, I would probably steer away from purchasing points without having a redemption destination in mind. The reason for this is, as we all know, categories can change at any times, thus requiring more points. Although, since Hyatt just did a pretty massive change to their program at the beginning of the year, I do not foresee any big changes in the near future – but you never know!