Some links to products and partners on this website will earn an affiliate commission.
World of Hyatt has launched its latest “buy points” promotion, but this time the discount is larger than usual. Between now and December 30, 2021, members can receive a 30% discount when buying at least 5,000 points.
Members can buy up to 55,000 points per year (before any bonus). Sometimes Hyatt runs a 30-40% bonus offer (which makes the price 1.71 – 1.84 cents per point) and sometimes it offers a 25% discount (which makes the price 1.8 cents).
This 30% discount brings the per-point price down to 1.68 cents – which at current exchange rates is about 1.25p!
Is it Worthwhile?
I have sometimes found it worthwhile to buy Hyatt points to immediately make an award booking. Here’s the new award chart with peak and off-peak pricing…
At 1.68 cents per point, you could get yourself an off-peak night (3,500 points) at a Category 1 hotel for ~£44 ($58.80). Even the cheapest Category 1 hotels are still likely to charge a paid rate higher than that.
And at the high end, Hyatt’s best hotels (not SLH) could cost 35,000 points, which would cost you ~£440 ($588). Again this is potentially quite the bargain, although you would quickly run into the 55,000 point annual cap if you were looking for a longer stay.
Don’t Forget Cashback
Hyatt sells its points via Points.com, which means that you can earn 2.5% cashback via the USA version of TopCashback (note, not the UK site).
If you are not yet a member of TopCashback USA, you can earn an additional $15. Simply sign up using this referral link – http://www.topcashback.com/join-us/inside-flyer/ref/craigsowerby – and earn $10 of cashback.
You would have to buy $400 worth of Hyatt points to pick up $10 of cashback from a single transaction, but you can also earn cashback in many other ways, including hotel stays with a number of major chains…
You can easily cash out your TopCashback USA account from the UK via Paypal.