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 just announced another offer for those purchasing Hyatt points. With this promotion, you’ll receive a 40% bonus on all points purchased, up to 55,000 points per year. The only requirement is that you must purchase at least 10,000 points. While I never suggest speculatively purchasing points, if you have an upcoming Hyatt stay, you might actually save money by purchasing points for a “free” night vs. paying the best available rate.
If you go all in, it will cost you $1,320 for 77,000 points. This promotion is valid for purchases through November 27, 2018. This promotion typically happens a few times a year as well, so if right now isn’t a good time to purchase points, I wouldn’t be surprised if we see the promotion again late Winter/early Spring of 2019. The World of Hyatt Credit Card is also another way to increase your point balance as well. 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 incredibly cheap compared to 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. Just keep in mind that this hotel does not offer many standard rooms so if you are looking to make a reservation on points, book early!
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 and resort fee!
Example 3: Hyatt Ziva Cancun
This is one of Hyatt’s all-inclusive properties and costs 25,000 points for 2 guests. More guests require more points! So let’s say you purchase a total of 50,400 points (including the bonus) for $864. This can be used for two nights. During most of the winter it is over $600/night for two guests! Purchasing points would save you close to $400 for the two nights!
Example 4: Grand Hyatt Baha Mar
This new-ish property in the Bahamas is 20,000 points a night and from what I’ve read it is worth every penny! This hotel is usually around $450 a night after taxes and resort fees during peak season. Bahamas has ridiculously high taxes and this property charges a resort fee. So take whatever “base” night you see and add about another $100! So purchasing points can actually be a good deal (during peak season). Let’s say you are looking to go for 3 nights, you can purchase 60,000 points (including the bonus) for $1,032. That comes out to $344 per night which is over $100 off. And when using points you do not pay a resort fee! Now, if points + cash is available (which it typically is at this property), you can do even better! This will require 10,000 points + $125 per night. So the same 3 nights will cost you only $538 to purchase the 30,000 points + $375 on the “cash” portion. So for a total of $913 or $304/night you can stay at this property!
World of Hyatt Credit Card: Earn up to 60,000 bonus points – Earn 40,000 bonus points after you spend $3,000 on purchases within the first 3 months of account opening, plus an additional 20,000 bonus points after you spend $6,000 total on purchases within the first 6 months of account opening.
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. Also, Hyatt is possibly changing how Points + Cash works starting on November 1st. While we still do not have an official notice from Hyatt there has been a lot of speculation around this. I’ll write more about it today.
HT: The Shutterwhale