Buy Hyatt Points As Cheap As 1.67 Cents Each
While this is far from as good of a deal the scarce Daily Getaway deal was, you can buy them for much cheaper than normal. This can work very nicely if you are trying to secure points for something special and, especially if you are a Globalist, there are a couple of reasons purchasing points can make sense.
Link: Hyatt Points Sale
Regular Cost of Hyatt Points
Hyatt points cost 2.4 cents each, normally. Unless you are topping up for a particular award, I would never suggest purchasing Hyatt points at that cost.
Hyatt Points on Sale
However, until tomorrow, May 23, you can purchase Hyatt points with up to a 40% bonus. This brings the cost of Hyatt points down quite a bit and can definitely make more sense – depending on the type of award you are wanting to book. Here is how this Hyatt points sale breaks down:
- Buy 5,000 – 9,999 Hyatt points and get a 30% bonus
- Buy 10,000 – 55,000 Hyatt points and get a 40% bonus
To max out the Hyatt points sale bonus, you would need to purchase 55,000 points. This would give you a total of 77,000 points for $1,320. This breaks down to a final cost of 1.71 cents per point.
Getting Hyatt Points Even Cheaper
However, if you go through TopCashBack, you can get 2.5% cash back on your points purchase! This brings the total out-of-pocket cost for 77,000 points down to $1,286 (or 1.67 cents per point).
That is really not that bad of a deal! Yes, it is better to transfer them from your Ultimate Rewards account and you can earn UR points for less than that with office supply purchases on some of the Chase business cards.
But, it will depend on what other partners you like to transfer to. For example, if you like to transfer to United, you may be better off buying some Hyatt points at this price and keeping your UR points for United since you cannot buy United miles at this price.
Should You Buy Hyatt Points?
If you max it out, you will have 77,000 points. Let’s see a couple of examples what this could give you:
- 2 nights at a Category 7 and 17,000 points left over (which you could use for 1 more night at a Cat. 7 with Points+Cash – paying 15,000 points and $300) – A Category 7 can go for as much as $1,000 for one night so this would let you get 2 nights for $1,000 or $500 per night (quite expensive but maybe of use to some)
- 5 nights at a Category 4 – This category has a lot of sweet spot hotels with some hotels costing over $350 per night. At this rate for points, you would pay $257 per night
- 3 nights at a Category 6 – Most of the NYC Hyatt hotels are Category 6 like the Andaz 5th Avenue. This sale would give you those nights at $428. Depending on the night you are looking at, you could get the Andaz for quite a bit less than that.
But, there could be some reasons to buy points.
- To redeem for Club rooms or Suites – this would allow you to get a room that could cost a lot more in cash with points, and have access to Club Lounges with this for free meals
- For Globalists, to get parking fees waived – If you are a Globalist, you can have your parking fees waived on point stays. This can be a huge savings at some of the big city Hyatts since parking could be over $40 per night!
- To use for Points+Cash – Depending on the category you want to book at, you could save quite a bit in cash by purchasing points to use for the point portion of a Points + Cash booking.
Should You Just Do Points + Cash?
With Points+Cash bookings, you are essentially purchasing points with the cash part anyway. So, it is a good idea to see what you are “paying” for points when you do a Points + Cash reservation:
- Category 1 – 2 cents per point
- Category 2 – 1.3 cents per point
- Category 3 – 1.25 cents per point
- Category 4 – 1.33 cents per point
- Category 5 – 1.25 cents per point
- Category 6 – 1.2 cents per point
- Category 7 – 2 cents per point
So, unless you are staying at a Category 1 or 7, you are better off redeeming the points you have for Points + Cash than buying points (even with this sale) to make it a full points booking. However, if you don’t have enough points even for a Points+Cash reservation, just consider buying enough to do a Points + Cash rather than full award. You will be saving more money this way.
Anyway, hope that helps in determining if this is a good deal for you!