This post may contain affiliate links from our advertising partners, such as American Express. Read my Advertiser Disclosure policy here. Additionally, some of the offers on this page may no longer be available through Deals We Like.
Hyatt currently has a promotion where you’ll receive a 40% bonus when you purchase Hyatt points. Last week I wrote about a similar promotion, but with Starwood, and that sometimes purchasing points to redeem for a free night can be cheaper then paying the lowest rate you find at the hotel. This can hold true with Hyatt as well!
Right now the bonus offer goes through December 15th and it is a tiered bonus, so the more points you purchase, the higher the bonus.
- Purchase 5,000-9,000 points receive a 20% bonus
- Purchase 10,000-29,000 points receive a 30% bonus
- Purchase 30,000-55,000 points receive a 40% bonus
While I do not suggest speculatively purchasing points, there are many scenarios where purchasing points will actually save you a ton of money, especially due to the current bonus offer.
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 much cheaper then the going rate. Or, if the Points + Cash option is available (which it isn’t the entire Winter), you can extend your stay even more where a “free” night costs 7,500 points + $100. This can bring your cost down to $232/night.
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 + 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!
Example 3: Hyatt Place, Long Island City
This hotel is in Long Island City, which is right next to New York City. Long Island City is part of Queens and actually a very up and coming area. I have many friends that live in LIC as there are a ton of good commuter options into New York City – there are a few train lines and the ferry. To get into midtown or Times Square can take less then 20 minutes. A taxi or Uber ride is incredibly easy and cheap as well. LIC also has some great restaurants! If you do not need to go back to your room throughout the day, this is a great option! As of right now, this is a Category 2 property, although starting tomorrow it will be a Category 3 property. So any reservations booked now will be booked at a Category 2 meaning you only need 8,000 points for a free night. For a three night stay, just as an example, you’ll need 24,000 points. With this current bonus (which will be at the 30% bonus rate), it will cost you $456.00, which means $152/night. This is great for those peak months, such as the Fall and Christmas time. Although, during off-peak months, such as January, February, March, this hotel will cost you around $100/night (along with many other hotels in New York City), so this is only worth it during peak times.
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.