Hyatt Introduces Points & Cash, 20% Off Hyatt Daily Rate & More!

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I wrote about the change to Hyatt’s award chart last Sunday.  But Hyatt has good news to announce today.

Link:  New Hyatt Benefits

From January 7, 2014, you can now use a combination of Hyatt points and cash to book award nights!  This will help you save your Hyatt points when you book award nights.

Your Hyatt points used to expire in 12 months, but Hyatt is extending that to 24 months.  And you can get 20% off the Daily Rate if you are a Hyatt Platinum (which you get with the Hyatt credit card) or Diamond member!

Points Cash Coming To Hyatt
You Can Use Cash & Points To Stay At Hyatt Hotels!

New Points & Cash Award Chart

Here is Hyatt’s new Points & Cash award chart.

Points Cash Coming To Hyatt
Hyatt’s New “Points & Cash” Chart

You pay half the cost of a full award stay in points and a fixed amount in cash (the cash portion is usually less than the value of the points you are saving) with Hyatt’s Points & Cash option.

Let’s say you want to stay at the Park Hyatt Paris-Vendome over Valentine’s Weekend (February 14, 2014 to February 16, 2014).   The Park Hyatt in Paris is currently a Category 6 hotel and will become a Category 7 hotel after January 7, 2014.  It would cost you 30,000 points per night or 60,000 points for the weekend if you booked the stay only with points after January 7, 2014.

Or you could pay ~ $1,506 in cash for the 2 nights.

Points Cash Coming To Hyatt
2 Nights At Park Hyatt Paris-Vendome Costs $1509

But using Hyatt’s new Points & Cash option, you only pay 15,000 points + $300 a night or 30,000 points & $600 for 2 nights.

Points Cash Coming To Hyatt
Park Hyatt Paris-Vendone, a Category 7 Hotel, Will Only Cost 15,000 Points + $300 A Night
However, Points & Cash rooms are subject to availability.  This means that while you can book a regular room if you pay the full price in points, you may not always be able to book the same room using a combination of points and cash. So during high season or peak travel time (summer and holidays) you might not be able to book a Points + Cash room.  

You have to call 800-228-3360 within the US to book a Points & Cash room.

Points & Cash redemptions do count for elite stay credit when booking a Points + Cash room.  So those 2 nights you booked at the Park Hyatt Paris-Vendome would earn you 2 nights towards elite status.   With Starwood hotels,  you don’t earn Starwood points on the cash portion of your Cash + Points reservation.  But, you will earn 5 Hyatt points per $1 on the cash portion of your Points & Cash reservation!
Points Cash Coming To Hyatt
You Earn 5 Hyatt Points Per Every $1 Spent At Hyatt, Including Points + Cash Reservations!

20% Discount for Elite Members

From January 7, 2014, Hyatt will offer a special “My Elite” rate to Platinum elite and Diamond elite members.

If you are a Platinum member (you can get free Platinum status with the Hyatt credit card) or Diamond member,  you can get 20% off the daily rate on a standard room (subject to availability).

With the 20% discount, you may even pay less than an Advanced Purchase nonrefundable rate!  But this rate is “subject to availability” and may not always be offered.

For example, the current Daily Rate is $339 (before taxes) at the Hyatt Regency Maui Resort and Spa.

20% off the Daily rate means that you would pay ~$271 ($339 less 20% or $68).

This is less than the Advance Purchase rate of $288!  And you do not have to pay in full in advance (like you normally have to with the Advance Purchase rate) and can cancel the booking without a penalty as long as you cancel it within the cancellation period.

Points Cash Coming To Hyatt
Platinum And Diamond Members Save 20% Off Daily Rates

Points Now Expire in 24 Months

Currently, your Hyatt points stays active as long as there’s activity in your Hyatt account within 12 months.

And you lose your points if there’s no activity on your account for 12 months.

But, beginning January 7, 2014, Hyatt is extending the inactivity period from 12 months to 24 months.  

This is a welcome change, but if you read Million Mile Secrets, you know that you can keep your hotel points active very easily!

Bottom Line

The Points + Cash, 20% discount to elite members, and extending the amount of time before your points expire from 12 months to 24 months are welcome changes to the Hyatt program!

I only wish that the Points & Cash option was available all the time, just like with standard room redemptions.

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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