Hyatt is offering a bonus of 10% – 30% on points purchases through February 6.

The more points you purchase the higher the bonus.

  • 1000 – 9000 points gets a 10% bonus. Buying 9000 points means you receive 9900 points at a cost of 2.18 cents apiece.
  • 10,000 – 29,000 points gets a 20% bonus. Buying 29,000 points means you receive 34,800 points at a cost of 2 cents apiece.
  • 30,000 – 40,000 points gets you a 30% bonus. Buying 40,000 points means you receive 52,000 points at a cost of 1.846 cents apiece.

Hyatt Gold Passport allows a maximum purchase of 40,000 points per year.

I value Hyatt points at 1.5 cents apiece. I would not do this on a speculative basis. If you were going to buy some points to top off towards an award, it’s great that there’s a bonus.

There are a few situations where it would make sense to buy points instead of buying a hotel night. And bonuses are better than no bonuses, but I’m not pulling out the credit card on this one. Though if I needed to hit minimum spend for a big credit card bonus, I suppose there are worse things to spend money on than prepaid hotel nights.

Since this is frequently a question, points purchases are handled via Points.com so do not earn credit card spend bonuses.

  1. jfhscott said,

    This is nice – but what about announcing a winter promotion instead?

  2. Michael said,

    When something like this is worth it:

    IF you spend $818.40 for 44,000 points, you can end up with two nights at the Park Hyatt Vendome where current rates — say for 2 nights in May — would cost you 1770 euros, or $2403.

  3. gene said,

    I disagree with you on this one. I generally only use points at very expensive properties, so I value my Hyatt points at 1.85 cents, which is the cost of the points in the highest band of this promo. I never seem to have enough Hyatt points, and I don’t want to use all of my UR points for Hyatt, so I consider this a good opportunity to bank some Hyatt points. I take advantage of this promo every year and have received great value from the points.

  4. Santastico said,

    @gene: I believe it is a “case by case” situation. There are some properties where it makes a lot of sense to use points instead of paying the rate. However, I would not spend $800 on points if I don’t have a very short term use for them. I would not leave the points I paid $800 sitting on my account and suddenly Hyatt changes their award chart or move hotels from one category to another and then the points I paid $800 are now worth way less than that.

  5. KR said,

    And what about those suite upgrades you mentioned earlier? Totally worth it.

  6. Gene said,

    @Santastico — I agree, this promo is definitely not for everyone. However, I feel comfortable banking enough points for a 2-night stay at an uber-expensive Park Hyatt given Hyatt’s exemplary track record of never making redemption changes without significant advance notice.

  7. Katherine said,

    Sorry, I’m a little confused. I do fall in the situation you mentioned of needing to meet a large credit card spending requirement. And I have very few Hyatt points and want to save my UR points for United.
    But what do you mean by points purchases do not earn credit card spend bonuse? ?Would it count for meeting my Amex 10,000 spending requirement? Thanks for any information you may provide.

  8. James said,

    @Katherine – (let’s see if I beat gary as I’m Typing) Some credit cards (ahem Chase Sapphire) give 2x points on travel – this does not fall into the travel category. But yes, it would count toward minimum spend requirements on any card. Just realize you’re paying $409/night at a Cat. 6 hotel (better uses may be had, of course)

  9. Gene said,

    @James — $409/nt is an amazing deal at places like PH Paris, PH Sydney, PH Dubai, PH Tokyo, PH New York (coming soon), PH Maldives, etc…

  10. Hyatt offering up to a 30% bonus on purchased Gold Passport points through February 6, 2013! - One Mile at a Time said,

    [...] (Tip of the hat to Gary) [...]

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