Hyatt is back with their up-to-40% bonus on purchasing points. While I am not a huge fan of purchasing hotel points, there are definitely situations where it can make sense. This is especially true with Hyatt so check it all out here!
Hotel Deal: Buy Hyatt Points as Cheap as 1.67 Cents Each
Link: Buy Hyatt Points (buying through this link will earn me a small commission – to earn 2.5% cash back for yourself, read more below!)
The last time this deal came around was in November and many of you bought in then. Depending on your use case, buying Hyatt points for 1.67 cents each can be a great deal. Here are the details of this deal:
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 for 1.71 Cents Each
However, until June 11, 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 – 9,000 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
- 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 Points to upgrade to suites – with the new system from last November, you can now use points to upgrade a cash rate or points+cash rate to a suite or club room. This is indeed a nice way to get that extra bit of luxury!
Buying hotel points can be a good way to get some expensive hotels for less but make sure you run the math before you click “buy” to make sure the deal works for you! When you are redeeming hotel points, you won’t earn any points on that stay and, for Globalist members, that can mean missing out on a nice little points haul.
But, if you do value Hyatt points at or around 2 cents each, this is a nice way to get them for less.