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Home » Deals » Buy Hyatt points for 1.68 cents a piece ( 30% discount )
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Buy Hyatt points for 1.68 cents a piece ( 30% discount )

Miles April 19, 2022 Hyatt Leave a Comment

We may receive a commission when you use our links. Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers. Monkey Miles is also a Senior Advisor to Bilt Rewards Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. We appreciate you using our links!!!


Buy Hyatt points 30% discount until 05/30/22

Hyatt is currently selling their points with a 30% discount which equates to 1.85 cents a piece through 03/07/22. Why would you buy Hyatt points? Great question.

Buying any kind of point whether it be Hyatt or another brand is done strategically. The idea is that you can often buy points to redeem for a specific hotel or flight that will end up costing you less than the cash rate.

Before you plunge into a points purchase, the first step is making sure your desired hotel has award availability, and then to make sure the points purchase would price less than the cash rate. If it does…voila, pull the trigger.

Hyatt limits point purchases to 55k

One thing to note is Hyatt limits the number of points you can purchase to 55k. Hyatt runs two different kinds of promotions: discounts and bonuses.

This particular sale is a discount, meaning you’re capped at 55k base points, but 30% discount is applied so the price drops vs bonuses where you can earn more than the 55k points.

The Chase World of Hyatt Credit Card

I mentioned this before and if this is something you’re interested in, we have affiliate offers and greatly appreciate you checking them out. While it’s not a card I currently have in my wallet, it’s one I highly intend to add because it’s one of the best co-branded credit cards on the market.

Chase World of Hyatt Credit Card?

Learn More

Here’s a look at the pricing with a 30% bonus

Often times bonus points, regardless of the program, will tier the offer with large purchases getting the biggest bonus. This one…starts at just 5k points. Low bar and we like it.

Is this the best price?

I believe this is the best price, but we’ve seen also seen it with a 40% bonus, roughly the same 1.7c per point

Maxing the deal out

As I mentioned before, the maximum you can buy is 55k points.  Something to consider is whether you’d want more than this many points in which case you’d want to wait until a bonus is offered vs a discount. However, in the past, unless its a 40% bonus, the price per point is higher.

Merging points for a booking

This is something you should definitely consider and would allow you to purchase more than 55k points across multiple accounts, and then combine them for a booking. Two members may combine points using this form, but may only do so once per 30 days. In my experience if you cancel a booking, the points stay in the account that was used for the booking, or in other words, the account that received the points.

Additionally, you can transfer points from your Chase Ultimate Rewards account to shore up your balance.

As I mentioned, When Buying Points < Paid Rate =

you should pull the trigger

I purchased points for a trip I took in August of 2020. I actually had enough Chase Ultimate Rewards to transfer in, so why did I buy?

I’d already transferred 60k Ultimate Rewards into my Hyatt account, and would rather save the 30k needed to another night for a future premium flight redemption.

I’ll walk you through my thinking, and how it gave me roughly double in value.

The Alila Villas Uluwatu has entry level rooms that measure 3k sq ft, all have private pools, and starting rates are roughly $1k a night ( it says $830 but after fees and taxes…$1k+)

Solid deal: Buy Hyatt points for 1.7 cents a piece

I used a 40% bonus, when it was running last summer, to buy 30k points for a little over $500.  Currently, those same 30k would equal $540, but you’d be getting close to $1k in value.

Solid deal: Buy Hyatt points for 1.7 cents a piece

It doesn’t to be uber high end properties either. In 2021, recently redeemed points for a Hyatt Place stay in Knoxville, Tennessee. The reason I did this was because the going rate was nearly $250 a night and that didn’t include parking or taxes. The point rate was 8k, or $144. While I had points in my account, the decision is always based off of what kind of value am I extracting and what is my replacement cost. It was hands down the coolest Hyatt Place I’ve ever stayed at.

You still earn Status on award stays.

If you didn’t already know this, by using points, you aren’t sacrificing those elusive Elite Nights that you need to gain/retain status for next year. Hyatt now counts award nights towards status. In fact, most of your Elite benefits are extended to you when staying on an award night. Pretty sweet if you ask me.

Recap

  • Do you need points?
  • Can you get more value for the points than your purchase price?
  • If so…this could be a great deal for you.

You can buy here

Affiliate Disclosure

Monkey Miles has partnered with CardRatings for our coverage of credit card products. Monkey Miles and CardRatings may receive a commission from card issuers.


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About Author

Miles

This Monkey didn't get the name Miles for nothing. I might look like an innocent little furball, but I am a Points and Awards BEAST!! Follow me around the world to see how I fly in lie flat seats and sleep in 5* suites for pennies on the dollar.

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