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For the past few weeks, the World of Hyatt has been selling its points with a 25% discount but with the sale ending on 31 December, you now have less than two days left to take part. On its own, the 25% discount on offer is only “pretty good”, but when you consider that points purchased in this sale can be used for award bookings that are also discounted by up to 25%, the thought of buying points looks more tempting than ever.
- The sale runs through 31 December 2020 (TOMORROW)
- Get a 25% discount by purchasing a minimum 5,000 points
- World of Hyatt members can buy a maximum of 55,000 points per calendar year (excluding bonuses)
- You must have been a World of Hyatt member for at least 60 days in order to be eligible to buy World of Hyatt points.
The full terms and conditions have been reproduced at the end of this post and can also be found on the sale page.
Because Hyatt doesn’t mess around with the price of points within a given bonus band, as long as you purchase a minimum of 5,000 points in this sale you’ll be buying points at the cheapest rate available – 1.80 cents each.
The key to understanding where value is to be found is the current World of Hyatt award chart (don’t forget that Hyatt will be introducing seasonal pricing from July 2021):
- Buying points in this sale and using them to book a top-tier Hyatt property (Category 7) would see you pay approximately $540/night
- Buying points and using them to book a top-tier SLH property (Category 8) season would see you pay approximately $720/night
Ordinarily, I’d say that I consider both of those scenarios to be expensive, but there’s another promotion to consider here – for stays made through 28 February 2021, Hyatt is offering a rebate of 15% or 25% on all award bookings.
If you can fit in a stay before 28 February, a top-tier Hyatt property award booking would cost 22,500 points which, when viewed in terms of points purchased in this sale, would equate to a cash price of $405 per night…and that’s far more acceptable!
A stay at a Category 6 property would cost $337.50 per night and a stay at a Category 5 property would cost $270 per night. At these rates, there are some very good deals to be had if you book carefully.
If you’re not prepared to make a booking before 28 February next year, the real value is to be had by booking mid-tier/upper mid-tier properties (and possibly the occasional low-tier property). I’m going to use the Andaz 5th as an example to illustrate what I mean.
This property falls into Category 6 so an award night here will cost 25,000 points/night and, on a random night next June, an entry-level room at this property will cost an eye-watering $637 + taxes/fees…
or 25,000 points:
Once you factor in the taxes and fees, the cash rate for this particular night comes to $780.35 (including the heinous Destination Fee which World of Hyatt members don’t have to pay on award bookings).
Using points to book a room on this particular night would see you get approximately 3.12 cents of value out of each point used, and that’s a pretty great deal if you only paid 1.80 cents per point in the first place.
Effectively you would have paid $450 for a room that would otherwise have cost ~$780 so you would have saved $330 by buying points in this sale.
Just as this property can prove my point that it can be a good idea to buy points in this sale, it can also prove my point that you need to be careful. Buying points and then using them without working out the value you’ll be getting is a great way to lose money.
On a randomly selected date in March (the 13th), the Andaz 5th Avenue can be booked for ~$310 (including all taxes and fees) or 25,000 points. If you were to use points purchased in this sale to book this particular night, you’d be getting under 1.25 cents of value out of every point you used, and that’s not a good idea if you originally bought those points at 1.80 cents each.
Buying points in this sale can definitely save you money but you need to be selective with your bookings if you’re to guarantee a good return on the money you spend.
Hyatt points sales are processed by Points.com so you’re not going to get a credit card travel/hotel category bonus if you buy points in this sale.
What this means is that this is a good opportunity to use a credit card on which you’re working towards a welcome bonus (this would be a very easy way to lock in the $200/20,000 points being offered by the fantastic Freedom Flex card)…
…or to use the excellent (and recently refreshed) Chase Freedom Unlimited Card which will earn you 1.5% cash back (or 1.5 points/dollar).
In some cases this sale won’t represent a great deal but, as I’ve shown above, there will be instances where buying points in this sale can save a World of Hyatt member a serious amount of money. I found the example that I gave above with no effort at all so getting value out of this sale shouldn’t be a challenge.
As always, it all comes down to individual circumstances and the math. If you’re planning a stay in the next few months you should check award availability, compare the cash rate to the number of points needed, do the math and see if buying points at 1.8 cents each could save you some money. With Hyatt offering a 25% rebate on all award stays made by 28 February 2021, there should be a lot of good deals available.