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Hyatt announced an exclusive offer for their Hyatt co-branded credit card members where you can receive a 40% bonus when purchasing Hyatt Gold Passport points. The only requirement is that you must purchase at least 10,000 points, which makes this a much better promotion then we’ve seen in the past.
If you go all in, it will cost you $1,320 for 77,000 points. Of course you can purchase less points too with exactly what you need. This promotion is valid for purchases through October 3, 2017.
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. Let’s take a few scenarios on how purchasing these points can actually be in your benefit:
Example 1: Andaz Costa Rica
This is a beautiful resort right on the ocean in Costa Rica and is only a category 4 hotel! That means it only costs 15,000 points to redeem for a free night. Throughout the year, and especially during peak season, this hotel can easily cost a ton of money, well over $500/night. Instead you can purchase 43,000 points with a 17,200 bonus (thus netting you 61,100 points) for $1,032. These 60,200 points can be redeemed for 4 free nights, costing $252/night – which is typically must cheaper then the going rate. Or, if the Points + Cash option is available (which it isn’t the entire Winter), you can purchase 22,000 points with a 8,800 bonus and those 30,800 points will cost you $528. 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 $232/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: Grand Hyatt Kauai or Andaz Maui
Both these properties in Hawaii are category 6 hotels (which means 25,000 points to redeem for a free night). You can purchase 36,000 points plus a 14,400 bonus and it will cost you $864. If Points + Cash is available (which I admit can be hard to find at the Andaz Maui), you can do pretty good as this option requires 12,500 points + $150/night. You could purchase up to 6 nights worth of points with this current promotion. This will cost you $1,296 to purchase the points then another $150/night, meaning it will only cost you $366 a night. This hotel can sometimes be less expensive (although usually not), but remember, the total price includes taxes and resort fee!
Overall… 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.