In mid-June, World of Hyatt launched its latest promotion on purchased points. This is a reminder of that, as the promotion is set to expire in a couple of days. Furthermore, some people may now be interested in this offer in light of the current 15-25% rebate on award redemptions.
Buy Hyatt Points With 30% Bonus
Through Wednesday, July 29, 2020, World of Hyatt is offering a 30% bonus when you buy at least 5,000 points in one transaction.
World of Hyatt lets you buy up to 55,000 points per account per calendar year pre-bonus. Through this promotion you could buy a maximum of 71,500 points (including the bonus) at a cost of $1,320, which is a rate of ~1.85 cents per World of Hyatt point.
Ordinarily when Hyatt offers a bonus on purchased points, the program offer anywhere from a 30-40% bonus, for a cost of ~1.71-1.85 cents per point.
This is identical to the promotion that Hyatt in May. Frankly I’m surprised Hyatt isn’t at least offering something in line with its best-ever offer, given the current circumstances.
Best Credit Card For Buying Hyatt Points
Hyatt points purchases are processed by points.com, meaning they don’t count as a hotel purchase for the purposes of credit card spending.
I’d recommend using a card with which you’re trying to reach a minimum spending requirement, or a credit card that maximizes your return on everyday spending, like the Chase Freedom Unlimited® (review) or Citi® Double Cash Card (review).
When in doubt, review which credit cards are best for buying points and miles.
Combining Hyatt Points
While Hyatt limits how many points you can buy per year, Hyatt also lets you combine points across accounts for the purposes of redemption, which could be a good deal. There are two major restrictions to be aware of:
- You can only transfer points to another member “in order to have a sufficient number of points to redeem a particular award”
- You can only combine points (regardless of whether you’re sending or receiving) once every 30 days
In order to combine points, you’ll need to complete Hyatt’s point combining request form.
Is Buying Hyatt Points With A 30% Bonus A Good Deal?
I value World of Hyatt points at ~1.5 cents each, though they can definitely be redeemed for a lot more than that. I just think that’s a fair number.
At the rate of ~1.85 cents per point, you can purchase enough points for a free night at a Category 7 property for $555, or a Category 6 property for $465, while paid rates at those hotels are often $1,000+ per night.
For example, the Park Hyatt Maldives is a Category 7 property (standard price of 30,000 points per night), and cash rates are often $1,200+ per night.
There’s even a lot of value on the other end of the spectrum. For example, the Hyatt Regency Kathmandu is a Category 1 property (5,000 points per night) with paid rates often being $180+ per night including the 25% tax and service charge, which you don’t have to pay on an award booking. Meanwhile, if buying points, your cost would be about $90 per night.
As I mentioned earlier in the post, right now Hyatt is offering a 15% refund all redemptions, and a 25% refund on redemptions for those with Hyatt’s co-branded credit card. That could get you even more value with this deal.
Other Ways To Earn Hyatt Points
There are lots of circumstances under which it could make sense to buy World of Hyatt points.
However, if you want to acquire World of Hyatt points at a lower out of pocket, there are some other options involving credit cards.
See this post for everything you need to know about earning Hyatt points with credit cards.
Hyatt Buy Points Summary
As is always the case, you should crunch the numbers and see if this promotion works for you. If you’ve been considering this promotion but were on the fence, this is your last chance.
A 30% bonus on the purchase of World of Hyatt points could represent a good deal. I know many people find it worthwhile to buy World of Hyatt points, especially those outside the US, who don’t have access to lucrative credit cards.
Just remember that there are also other ways to earn World of Hyatt points, like by transferring Chase Ultimate Rewards.
Do you plan on buying Hyatt points with a 30% bonus?