Maximising Points + Cash Redemption for Hyatt Gold Passport Award Stays (40% Bonus Points!)
As you may know already, you may now purchase Hyatt Gold Passport Points with up to a 40% bonus as long as you purchase between now and 25 October 2016. These points may be used for free nights at Hyatt Hotels and Hyatt Residence Club stays around the world or you may even utilise them for things like nightly Regency Club and Suite upgrades (or convert them into miles!).
40% Hyatt Gold Passport Bonus | Photo Credit: Hyatt
Hyatt sells these Gold Passport points at USD 24 per 1,000 of them and during this promotion period receive up to 40% bonus points when you purchase a minimum number of points. Do note that you can only purchase up to 55,000 Hyatt Gold Passport Points per year:
- 5,000 to 9,999 Points : 30% Bpnus
- 10,000 to 55,000 Points: 40% Bonus
40% Hyatt Gold Passport Bonus | Photo Credit: Hyatt
Purchasing the maximum number of Hyatt Gold Passport Points (55,000) will cost USD 1,320 and after the 40% bonus, you will find 77,000 Hyatt Gold Passport Points sitting in your account. If you are based in Singapore, you may consider using the DBS Woman's World MasterCard or the UOB Visa Signature Credit Card for 4 miles per dollar.
| Points + Cash for Free Nights at Hyatt Hotels | ||||
|---|---|---|---|---|
| Hotel Category | Points | Points + Cash | Cash Component | Cost per 1K Points |
| 1 | 5,000 | 2,500 | USD 50.00 | USD 20.00 |
| 2 | 8,000 | 4,000 | USD 55.00 | USD 13.75 |
| 3 | 12,000 | 6,000 | USD 75.00 | USD 12.50 |
| 4 | 15,000 | 7,500 | USD 100.00 | USD 13.33 |
| 5 | 20,000 | 10,000 | USD 125.00 | USD 12.50 |
| 6 | 25,000 | 12,500 | USD 150.00 | USD 12.00 |
| 7 | 30,000 | 15,000 | USD 300.00 | USD 20.00 |
If you are thinking about using your Hyatt Gold Passport Points (assuming you now have 77,000 points in your account) for free nights at Hyatt hotels, you will be given the option of an outright redemption (refer to POINTS column) or a POINTS + CASH redemption where you will use a mixture of well, points and cash. If you refer to the chart above, redeeming Points + Cash on Category 6 hotels will be the most economical in terms of absolute comparison - please note that is obviously subjected to the actual prices at the property.
Category 6 Hyatt Hotels | Photo Credit: Hyatt
Paying 12,500 Points + USD 150 per night at any one of these Category 6 hotels might be decent value. If you did take advantage of the 40% bonus points promotion, 12,500 Hyatt Gold Passport Points would have costed you approximately USD 214 - therefore you are getting a night here for around USD 364 per night after including the cash component. Since the Park Hyatt Maldives Hadahaa generally costs at least twice of that, redeeming them at such properties can be extremely economical.
Probably the best sign-up offer for Citi Credit Cards - get S$400 cash reward with minimum spend of S$500 within 30 days for new customers.