Hyatt Gold Passport offers 10%-30% bonus on point purchases
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Hyatt Gold Passport has launched a bonus of 10%-30% when you buy Gold Passport points during June. Click here and scroll to the Hyatt logo.
The deal is identical to the one they ran for two days in February, ie:
- Purchase 1,000 to 9,000 points and get a 10% bonus
- Purchase 10,000 to 29,000 points and get a 20% bonus
- Purchase 30,000 to 40,000 points and get a 30% bonus
At the most extreme, you are paying $960 for 52,500 points, or 1.85 cents per point.
It is possible that you might find a scenario where buying points was cheaper than booking a room. A top category Hyatt is only 22,000 points – such as Park Hyatt Tokyo – and you’d be paying (22,000 x 1.85c =) $406 or around £266 if you bought points. This would usually be cheaper than paying cash at this hotel, especially if you need a refundable rate. In general, though, such arbitrages are not common.
My favourite Hyatt redemption is outlined in this post – 6,000 points to upgrade your room to a suite for up to four nights. Buying points for that is a no-brainer, even at the full rate. This may even be the best hotel redemption of ANY hotel programme, full stop.
