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40% Bonus on Hyatt Points but Is It a Good Deal?

40% Bonus on Hyatt Points but Is It a Good Deal?

Million Mile Secrets40% Bonus on Hyatt Points but Is It a Good Deal?Million Mile Secrets Team

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You can get up to a 40% bonus when you buy points from Hyatt through August 18, 2014.

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Did You Get the Up to 40% Bonus Buy Hyatt Points Promotion Offer? 

Hyatt Up to 40% Buy Points Promotion

If you’re a Hyatt Platinum or Hyatt Diamond elite member, you can get up to a 40% bonus on purchased Hyatt points.

You can get Hyatt Platinum elite status from the Hyatt credit card.  And you can get Hyatt Diamond elite status through the Hyatt Diamond Challenge.

You can buy up to 55,000 Hyatt points.  The bonus depends on how many Hyatt points you buy:

  • 5,000 to 19,000 Hyatt points – get 20% bonus Hyatt points
  • 20,000 to 39,000 Hyatt points – get 30% bonus Hyatt points
  • 40,000 to 55,000 Hyatt points – get 40% bonus Hyatt points

If you buy the maximum amount, you’ll pay $1,320.  And you’ll get 77,000 Hyatt points total, so you’re paying ~1.7 cents per point ($1,320 to buy Hyatt points / 77,000 Hyatt points).

Hyatt normally sells points for 2.4 cents per point so you’re saving ~.7 cents per point off the regular price (2.4 cents per point cost – ~1.7 cents per point promotion cost).

Is This a Good Deal?

77,000 Hyatt points could get you a lot of Big Travel with Small Money!  But is it worth it to buy Hyatt points?

You could get:

Paris Day 5
Emily and I Went to the Paris Opera When We Stayed at the Park Hyatt Paris-Vendome

1.   Paris

Two nights at the Park Hyatt Paris-Vendome for the nights of November 7, 2014, to November 9, 2014, would cost ~$1,728 advance purchased booked on the Hyatt website and Kayak.

So you would save ~$408 if you bought Hyatt points (~$1,728 advance purchase cash price – $1,320 cost to buy 77,000 Hyatt points).

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2 Nights at the Park Hyatt Paris-Vendome Would Cost ~$1,728

2.   Charlotte

For 6 nights at the Hyatt Place Charlotte Downtown, you would pay ~$1,113 advance purchase booked on the Hyatt website or ~$1,103 advance purchase booking through Kayak.

So you would save $217 booking with cash instead of buying Hyatt points ($1,320 cost to buy 77,000 Hyatt points – $1,103 advance purchase cash price).

6 Nights at the Hyatt Place Charlotte Costs $1,113
It’s ~$217 Cheaper to Pay for Your Room at the Hyatt Place Charlotte Downtown Than It Is to Buy 77,000 Hyatt Points

Points + Cash

If you combine buying points with a Points + Cash award, you could save a lot of money.

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Your Hyatt Points Can Go Further With Points + Cash

Using Points + Cash you could get:

Park Hyatt Goa Activities
77,000 Hyatt Points Can Get You 10 Nights at the Park Hyatt Goa

Hyatt points purchases are processed through Points.com, so this does NOT count as a travel purchase.

So you won’t get 2X extra points on travel purchases if you use the Chase Sapphire Preferred as you would if the Hyatt points were purchased directly through Hyatt.

And it will NOT count as a travel expense if you want to redeem Barclaycard Arrival Plus® World Elite Mastercard® points (but you will get 2X points per $1 you spend as with any purchase).

Bottom Line

You can get up to a 40% bonus when you buy Hyatt points through August 18, 2014, if you’re a Hyatt Platinum or Hyatt Diamond elite member.

You can buy up to 55,000 Hyatt points through this offer.  And get a 22,000 Hyatt point bonus  So you’ll pay $1,320 for 77,000 Hyatt points.

You save some money off the regular price of buying Hyatt points, but it depends on where you’re staying!

But if you are short of points or use Hyatt Points + Cash, it could be worth it to you to buy points.  But you should do what’s best for you.

And remember, there are lots of other ways to earn Hyatt points!

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Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel.
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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In your Paris example, you forgot to take into account the value of the 17,000 points that would remain in doing your cash vs. points calculation. Since it only takes 60,000 points for the 2 nights, you would actually save more than $700 over the cash price.