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Through February 23, 2018, World of Hyatt is offering up to a 30% bonus on purchased points. This promotion is publicly available, meaning that all members should be eligible for the same offer. With this promotion you can receive the 30% bonus as long as you purchase at least 5,000 points in one transaction.
If you max out this promotion you can purchase a maximum 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. Members are limited to purchasing a maximum of 55,000 points per account per calendar year, pre-bonus.
Hyatt offers a bonus on purchased points several times per year, and when they do, we typically see bonuses in the range of 30-40% So the 30% bonus is normal, though it’s on the lower end of the bonuses we see. For example, the last two promotions we’ve seen on purchased points have offered up to a 40% bonus, and the last time we saw a bonus of “only” 30% was last May.
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 ~$462, while paid rates at those hotels are often $1,000+ per night.
For example, the Park Hyatt Maldives is a Category 6 property (normally retailing for 25,000 points per night), and 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 ~$92 per night.
You can potentially get even more value out of your points by using Hyatt Points + Cash redemptions.
Keep in mind that as of this year, Hyatt awards elite night credits for award stays, so that arguably makes World of Hyatt points even more valuable.
Hyatt points purchases are processed by points.com, so wouldn’t count as hotel spend for the purposes of your credit card. That means if you buy points you’ll want to use a card that maximizes your return on everyday, non-bonused spend, like the Starwood Preferred Guest® Credit Card from American Express, Citi® Double Cash Card, etc.
Most importantly, keep in mind that 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, or 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. As far as bonuses on World of Hyatt points go, this is one of the less generous bonuses. However, if you have an immediate use of the points in mind and don’t have access to Ultimate Rewards points, this offer could be worthwhile.
Do you plan on buying Hyatt points with up to a 30% bonus?