World of Hyatt has just rolled out their newest promotion on purchased points, which has the potential to be a great deal for anyone considering a stay at a Hyatt.
Buy Hyatt points with up to a 40% bonus
Through August 27, 2019, World of Hyatt is offering a 40% bonus when you buy at least 5,000 points in one transaction.
That means with this offer you could purchase a maximum of 77,000 World of Hyatt points at a cost of $1,320, which is a rate of ~1.71 cents per World of Hyatt point.
Hyatt offers a bonus on purchased points a few times per year, and when they do, we typically see bonuses in the range of 30-40%. So the 40% bonus is generally as good as it gets.
So if you’re someone who finds value in buying Hyatt points, this is the time to buy.
Best credit card for buying Hyatt points
Hyatt point purchases are processed by points.com, meaning they don’t count as a hotel purchase for the purposes of credit card spend. I’d recommend using a card with which you’re trying to reach a minimum spend, or a credit card that maximizes your return on everyday spending. When in doubt, review which credit cards are best for buying points and miles.
Combining Hyatt points
While Hyatt limits you to buying 55,000 points per account per year (pre-bonus), 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 40% 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 ~1.71 cents per point, you can purchase enough points for a free night at a Category 7 property for ~$513, or a Category 6 property for ~$423, 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 at $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 $85 per night.
Other ways to earn World of Hyatt points
There are lots of circumstances under which it could make sense to buy World of Hyatt points.
If you want to acquire Hyatt points with less of an out of pocket cost, there are many ways to do so:
Bottom line
As is always the case, you should crunch the numbers and see if this promotion works for you. A 40% bonus is as good as it gets on the purchase of World of Hyatt points, so if you’re in the market for buying points, this is an excellent opportunity.
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.
I’m looking at topping off my WoH account for a premium suite upgrade on a booking I have. With this bonus, I don’t have to transfer chase points now.
How long does it take for the points to post after purchase?
How easy is it to use the points to actually book a room? As long as there’s a standard room for sale or are there restrictions?
@ Michelle — As long as a standard room is available for sale you should be able to redeem points for it.
@ Tahsin — I believe they usually post instantly.