The World of Hyatt Credit Card
Intro offer: 60,000 Hyatt points after $6,000 in spend
40,000 Hyatt points after $3,000 in spend within the first three months
20,000 Hyatt points after an additional $6,000 in spend within the first six months
9x points for every $1 spent on Hyatt hotels
2x for dining/cafes/coffee shops
2x for airline tickets (directly w/ airlines)
2x for local transit/commuting/taxis/tolls/rideshare
2x for fitness/gym
Hyatt Regency Bali
After much anticipation, The Hyatt Regency Bali is taking reservations for 2019! It's a Category 1 hotel, so it will only cost 5,000 Hyatt points per night. h/t Monkey Miles
You can either use Hyatt points or transfer Ultimate Rewards to Hyatt at a 1:1 rate.
Book the Hyatt Regency Bali here: https://www.hyatt.com/en-US/hotel/indonesia/hyatt-regency-bali/dpsbl Be sure to check the box that says "Use Points."
The Hyatt Regency Bali costs 5,000 Hyatt points or the retail price of $165.
Cents Per Point
Since the retail price is $165, the cents per point (CPP) valuation is 3.3 CPP.
$165 / 5k Hyatt = 3.3 CPP
One of the benefits of booking with points is that you can avoid paying the hotel taxes and fees. Based on a quick Google search for prices, here are the rates and CPP valuations for the following months (see the video for images):
Jan to Mar
$165 + taxes/fees = $200
$200 / 5k = 4 CPP
Apr to July
$175 + taxes/fees = $210
$210 / 5k = 4.2 CPP
High Season (Late July to Aug)
$205 + taxes/fees = $245
$245 / 5k = 4.9 CPP
If you stay at the Hyatt Regency during high season, you'll get up to 4.9 CPP valuation.
Taxes and fees are waived for free night certificate and point bookings.
11% fees = waived
10% tax * $0 room rate = $0
Points vs. Points + Cash
When you make a reservation, you have the option to book a night for 5,000 Hyatt points OR 2,500 Hyatt points + $50.
= 5k vs. 2.5k + $50
= buying 2.5k for $50 (2 CPP)
If you are considering booking the Hyatt Regency Bali, I don't recommend using the points + cash booking. Another item to consider is that if you use points + cash, you'll be subject to hotel taxes and fees.
If you have the Chase Sapphire Preferred, Chase Sapphire Reserve, or the Chase Ink Preferred, you can transfer Ultimate Rewards points to Hyatt at a 1:1 rate. Depending on how you plan on redeeming Ultimate Rewards, consider the following before you book with points vs. points + cash.
Should NOT book Points + Cash if:
a) you redeem UR points at 1.25 or 1.5 CPP via travel portal
b) you have a stockpile of UR (no plans for first/business)
Why? Just transfer your points over! (good value!)
Should book Points + Cash if:
a) Not enough points
b) Need points for >2 CPP redemption (F/J? Hyatt?)
Why? Buying points at 2 CPP to redeem at 4-5 CPP = win
Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
UGC disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.