Some links to products and travel providers on this website will earn Traveling For Miles a commission that helps contribute to the running of the site. Traveling For Miles has partnered with CardRatings for our coverage of credit card products. Traveling For Miles and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone and have not been reviewed, endorsed, or approved by any of these entities. For more details please see the disclosures found at the bottom of every page.
Hyatt’s current points sale is offering a bonus of 30% on points purchases made through 24 November (tomorrow) and ordinarily, this wouldn’t be a sale that gets much of my attention (I’d prefer to wait for Hyatt to offer a 40% bonus) but, on this occasion, the added opportunity to book award stays with a 25% rebate changes my perspective.
Buy Hyatt Points – Headline Rules
- Offer available with purchases made between 12:01 am ET October 20, 2020 and ends 11:59 pm November 24, 2020.
- Purchase 5,000 or more Bonus Points in a single transaction and receive 30% additional Bonus Points.
- Bonus Points will be awarded upon completion of individual transaction.
- In order to participate in a purchase transaction, you must be a member for at least 60 days to purchase or receive Bonus Points.
- Bonus Points can be purchased in increments of 1,000, up to 55,000 points per calendar year.
- Members can receive points in increments of 1,000, up to 55,000 points per calendar year.
- Additional Bonus Points awarded under this offer do not count towards these maximums.
Full terms and conditions can be found via the promotion page.
The good news is that as long as you buy at least 5,000 points in this sale, you will be buying World of Hyatt points at the best rate this promotion offers.
Whether you buy 5,000 points…
….or 55,000 points (the maximum allowed)…
….the cost per point doesn’t change – it remains at ~1.85 cents/point.
Should You Buy Hyatt Points In This Promotion?
It should go without saying that if you don’t have an immediate need for Hyatt points you shouldn’t be considering this sale – that has always been the case but it’s more true now than ever before (my one essential rule to follow when buying miles and points applies here). Having said that (and as I mentioned earlier), there an added element right now that makes the economics of this sale a lot more traveler-friendly.
15% – 25% Rebates On Award Booking
Hyatt is offering all World of Hyatt members a rebate of at least 15% on award bookings made by 1 December while Hyatt co-branded credit card holders will receive a rebate of 25% (more details) for stays through 4 January 2021. That’s impressive, and it opens up some great opportunities for anyone happy to travel in the next few months.
The Park Hyatt Aviara Resort, for example, is charging $499 + taxes for a randomly selected night in December…
…which, when you include the heinous resort fee, comes to a total nightly cost of a little over $605:
The same room on the same night can be booked for 20,000 points (before any rebate):
Hyatt-co-branded cardholders would get a 25% rebate on this booking which would give them the option of paying $605 or 15,000 points. 15,000 points in this sale would cost approximately $287. That’s an incredible potential saving of $318 on just one night!
Ignoring The Rebates
If you have no plans to travel by 4 January then the rebates are meaningless to you and this isn’t a sale that you should be considering. Not even for a second.
Hyatt sells its points through Points.com so there’s no scope to earn a travel/hotel bonus by using a credit card that offers bonus points for shopping in either of those categories. This makes this a good opportunity to use a credit card on which you’re working towards a welcome bonus (like the excellent bonus currently available on the World of Hyatt credit card) or a card that earns you points that you value highly (e.g. the Blue Business Plus Credit Card from American Express which earns cardholders 2 Membership Rewards Points/dollar spent on the first $50,000 of spending every year).
If you’re someone who prefers to earn cash back over miles and points, the newly refreshed Chase Freedom Unlimited Credit Card would be a good option.
If you’re planning a trip before this deal ends it could make a lot of sense to top off a World of Hyatt account with points from this sale, but you still have to make sure that the math works in your favor. If you’re not planning a trip before this deal ends you should almost certainly walk away.