World of Hyatt has just launched its first promotion of 2021 on purchased points. This could potentially be a great deal, especially in conjunction with the current 15-25% rebate on award redemptions, plus the easy ways to earn World of Hyatt Globalist status in 2021.
Buy Hyatt Points With 30% Bonus
Through Tuesday, February 23, 2021, 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 total of 71,500 World of Hyatt points at a cost of $1,320, which is a rate of ~1.85 cents per World of Hyatt point.
Ordinarily when Hyatt offers a promotion on purchased points, the program offers either a 30% or 40% bonus, putting the cost per point in the range of 1.71-1.85 cents. So this is a typical promotional offer from Hyatt, but we have seen better promotions in the past.
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), Citi® Double Cash Card (review), or The Blue Business® Plus Credit Card from American Express (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 redemptions, 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 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 $460, while paid rates at those hotels are often $1,000+ per night.
For example, the Park Hyatt Maldives is a Category 7 property (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 $92 per night.
As I mentioned earlier in the post, right now Hyatt is offering a 15% refund on 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.
In addition to being able to earn World of Hyatt points with The World of Hyatt Credit Card (review), you can also transfer over points from Chase Ultimate Rewards.
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.
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. It could make even more sense now than in the past, given the promotion on redeeming points.
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?
This makes sense to 1/100000 people. $1320 for 71,000 points! You have to be insane. The chance of getting $1320 in value for this 71,000 points is VERY low. Most Hyatt stays lately you get about .01 per point maybe a little better. I am at the Confidante Miami and it was $119 or 15,000 points. Hyatt Place Delray was $125 or 15,000 points. Hyatt Centric Brickell is $189 or 20,000 points. Hotel are cheap right now, that is why they are doing the 25% point rebate. Still hard to get .01 per point in some places. These point purchases have ZERO value unless you are buying the points…than booking immediately and it comes out cheaper. Going out of your way to find good point values is inconvenient and means even if you got .02 per point…what price did you hav ti pay to get to the hotel that got you that “value”.
@Ryan, there are lots of higher end properties where this would make sense. I would have loved to have booked the Miraval promotion last year but only had 8K Hyatt points.
What property is in the first picture?
Find some new examples; no one is going to Kathmandu or the Maldives right now.
As always, buying point makes sense for almost no one.
The current value of Hyatt points is super low as few are traveling. It will rarely — if ever — make sense to buy points for Category 2-6 hotels, but now? It’s a way to set money on fire.
Many category 7s remain closed or are open with massively reduced service.
Do not buy points unless you have (1) a redemption to make right now (2) need points to do it that will be worth as much or more than you will spend on the points.