(10/7 – Reposting as the last day to buy Hyatt points with the current promotion is Tuesday, October 8th)

The Promotion

Below are details of the Hyatt 20% discount on points promotion:

• Offer available with purchases made between 12:00 am ET August 5, 2024 and 11:59 pm ET October 8, 2024.
• Purchase 3,000 or more Bonus Points in a single transaction and get up to a 20% discount
• Bonus Points will be awarded upon completion of an 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 year
• I may receive a commission if you purchase points through my link

If you purchase the maximum allowed, you will receive 550,000 points. The total cost is $1,056 (regularly $1,320), about 1.8 cents per point.  Last time they ran this promotion it was for a 40% bonus, and a 20% discount works out to be a similar value (but fewer points).

Redeeming Hyatt points for free nights

Below is the current award chart for Hyatt hotels, starting at as little as 3,500 points in a standard room during off-peak, and goes up to 60,000 points in a suite at Hyatt’s most aspirational hotels.

As I have written before, one option to use your points is to stay at the Grand Hyatt Baha Mar.  You can still save money even if you use points purchased to redeem a night.

(SEE ALSO: How Buying Points Saved Me 80% On A Recent Hotel Stay)

As an example, for the upcoming President’s Day weekend in February, the average nightly rate for the 3-day weekend is over $1,000 per night. With taxes and fees, 3 nights will cost you $3,728.08 in total (there are lots of taxes!)

Alternatively, you can use 29,000 points per night, or 87,000 points total for the entire weekend. You can’t buy 87,000 points at once, but if you could at this rate, it would only cost you about $1,600, saving you over 50% on the cost of this room.

When I stayed at the Hyatt Zilara Montego Bay Jamaica, the cash cost was $620 / night plus tax! So if you were planning on staying there, buying points would be a cheaper option as well. I generally do not recommend buying points speculatively, but if you have a specific redemption like this, it could make sense

Should you buy Hyatt points with a 20% discount?

Purchased points or airline miles can represent great value sometimes. But as always, you need to crunch the numbers to ensure it makes sense.

(SEE ALSO: When is buying airline miles worth it? In ONLY these 3 instances)

During the past two years, Hyatt has offered a discount on purchase points about four times a year, and the maximum bonus ranged from 30% to 40%. So the current promotion is on the low side. As I always say, if you don’t have an urgent need for Hyatt points, I would recommend waiting for the next promotion with higher bonus.  I generally would only buy Hyatt or any other type of miles or points if you have a specific short-term need for them

Buy Hyatt points here through October 8th

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