Through November 27, 2018, World of Hyatt is offering a bonus on purchased points. You do need to log into your World of Hyatt account to see the offer, so there’s a chance there are some targeted versions of the deal, though all the accounts I manage see the same offer.
Buy Hyatt points with up to a 40% bonus
As far as I can tell, the best bonus seems to be for a 40% bonus when purchasing at least 10,000 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 a 40% bonus is as good as it gets.
Hyatt points purchases are processed by points.com, so don’t qualify as hotel spend for the purposes of your credit card.
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 ~$515, or a Category 6 property for ~$430, while paid rates at those hotels are often $1,000+ per night.
For example, the Park Hyatt Maldives is a Category 6 property (normally costing 25,000 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 (normally retailing for 5,000 points per night), and paid rates are often $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 you’d pay just ~$80 per night.
Historically Points + Cash is also a great use of Hyatt points, though rumor has it that this redemption option will be devalued as of November 1, 2018. So if that’s what you’re looking to redeem for, I’d recommend buying points and redeeming in the next week, before that opportunity is potentially changed.
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, I’d recommend applying for The World of Hyatt Credit Card, which is offering a welcome bonus of 40,000 World of Hyatt bonus points after spending $3,000 within the first three months, plus another 20,000 bonus points after spending a total of $6,000 within the first six months
World of Hyatt is transfer partners with Chase Ultimate Rewards, so you can transfer over points earned on cards like the Chase Sapphire Preferred® Card, Chase Sapphire Reserve® Card, and Ink Business Preferred℠ Credit Card. That would be my preferred way to acquire World of Hyatt points.
As is always the case, you should crunch the numbers and see if this promotion works for you. This offer is as good as bonuses on the purchase of World of Hyatt points get, and many people find this to be a great deal (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 with The World of Hyatt Credit Card, or by transferring over Chase Ultimate Rewards points. However, not everyone has access to US credit cards, and/or has the ability to earn points that way.
Do you plan on buying points with Hyatt’s current promotion?