I have written many times about buying points and whether or not it makes sense. Unless it is a great sale on points, it is normally not worth doing. However, when sales come around that offer significant enough discounts, that can be a great time to get a bunch of miles and points for your preferred program. Yes, it is not “free” travel anymore, but if you would be paying for travel anyway or would like to stay in a nicer property, buying points helps to decrease your total out-of-pocket cost.
Buy Hyatt Points With American Express Daily Getaway
The deal of the day (for Jun 4) for the American Express Daily Getaway sale is Hyatt Gold Passport points. American Express advertises the sales as being for nights at particular category hotels, but what you are actually buying is Hyatt Gold Passport points. Hyatt normally charges 2.4 cents per point, so this is definitely a better deal!There are several packages available, but not as many as the IHG offer. Here is the breakdown:
|Amount of Points||Cost||Cost per Point||Cost Per Point When Using Amex Card||Number of Packages|
|24,000||$260||1.08 cents||1 cent||95|
|30,000||$330||1.1 cents||1 cent||35|
|40,000||$415||1.04 cents||.93 cents||15|
|72,000||$775||1.08 cents||.97 cents||15|
As you can see, it will definitely be more difficult to purchase these packages than the IHG packages (which had thousands available). Not only that, but these are much more sought after. So, you will need to be ready to jump if you want one. They are a great deal since you are getting points which are very strong, especially with the addition of Points & Cash options. Also, buying these points allow you to save your Ultimate Reward points for airfare redemptions.
These packages are available at 1:00PM June 4, Wednesday. Be ready!
Editorial Note - Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
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