This is the 5th week of the Daily Getaways promotion so let’s see if there are any good offers!
The best deal is to buy Hyatt hotel points for ~1.1 cents per point on Thursday, July 11, 2013. Hyatt award nights cost a maximum of 22,000 points per night, so that’s like paying $242 for a top class Hyatt hotel!
1. Monday, July 8, 2013 – Hertz Points for Sale
Hertz is selling points today, July 8, 2013:
There is an extra 10% discount for using an American Express card. You can only purchase 1 set of points from each offer for a total of 3 sets of points across the 3 offers.
These can be a good value if you redeem the points for a 1-way rental which costs 1,200 points for a 1 day 1-way rental (5,000 points for a week long 1-way rental) or for fancy cars in the Hertz Prestige collection (4,500 points for a weekend rental).
But remember that your credit card collision insurance (for your rental car) is not valid when you rent a car using points, so you may have to pay extra cash for insurance. Hertz also plans on increasing the number of points needed for redemptions by 10% to 15% in October.
2. Tuesday, July 9 2013 – Hilton Points for Sale
Hilton is selling points on July 9, 2013 for 0.55 cents per point in three different packages:
There is an extra 10% discount for using an American Express card.
You can buy one set of points from each of these offers, for a total of three sets and 500,000 Hilton points.
Hilton points can be transferred to 40+ airlines, including Air New Zealand, Alaska, Cathay Pacific, Ethiad, Hawaiian, Lufthansa, Qantas, Singapore, and Thai.
Hilton points generally transfer to airline partners at a rate of 1,000 miles for every 10,000 points, so you are paying 5.5 cents per mile which is a TERRIBLE value.
Unless you are just topping off your account for an award, transferring Hilton points to airline miles is not a good deal.
Despite recent increases in the points required for award stays at some hotels, you can still get some some value out of Hilton points – particularly at the lower tier Hilton hotels. You can see how much 1 night at a Hilton hotel costs with the Hilton Search Tool.
Hilton reward nights start at 7,500 points a night, and the highest category costs 95,000 points per night. Here’s a link to the Hilton award chart.
But do the math to see if buying points is cheaper than paying cash for a room.
2. Thursday, July 11 2013 – Hyatt Points for Sale
Hyatt is also selling points in multiple packages, with rates ranging from 1.08 to 1.15 cents per point. There is also a 10% discount for using an American Express card.
- 24,000 Hyatt Points for $260 (1.08 Cents Per Point)
- 30,000 Hyatt Points for $330 (1.1 Cents Per Point)
- 36,000 Hyatt Points for $415 (1.15 Cents Per Point)
- 69,000 Hyatt Points for $775 (1.12 Cents Point)
You can buy one set of points from each offer, meaning that you can get a total of four sets and up to 159,000 Hyatt points.
Hyatt allows you to transfer points into miles for a number of airlines (sign-in required), including AirFrance, ANA, British Airways, Japan Airlines, Korean, Lufthansa, Singapore, Southwest, and Qantas.
For most airlines, points convert to miles at 1 mile for every 2.5 Hyatt points transferred with a 5,000 mile bonus for transferring 50,000 Hyatt points.
Let’s say you purchased 69,000 Hyatt points for $775 with the intention of converting them into American Airlines miles. You’d be able to transfer 68,700 Hyatt points into 32,500 American Airlines miles, which means that you’re paying 2.4 cents per mile which is more than what I’d pay.
But you could transfer Hyatt points to Southwest and have the points count towards the Companion Pass.
The best deal would be to use your points for hotel stays. For example, you could save money by paying $260 for 24,000 Hyatt points - enough for one night at a top-tier Hyatt hotel such as the Park Hyatt in Paris where we spent our honeymoon.
Some Hyatt hotels sell for less than $260 per night, while most sell for more, so do the math to see if this makes sense for you!
Week 5 of Daily Getaways has some good opportunities to rack up hotel points, but you’ve got to act quickly because they get sold out within a few minutes!
Again, make sure to do the math to see if taking part in the Daily Getaway makes sense for you. Just because something is discounted doesn’t mean that it is worth buying!
And don’t forget to use an American Express card for to get an extra 10% off!