On a similar note...
On a similar note...
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While other hotel programs decrease the value of their reward points well below a cent per point, Hyatt has maintained (or potentially increased) the value of its points.
Specifically, NerdWallet values Hyatt points at 2 cents each. This is a baseline value, drawn from real-world data, not a maximized value. In other words, you should aim for award redemptions that offer 2 cents or more in value from your Hyatt points.
Based on this value, use the calculator below to figure out how much your stash of points is worth.
What does this value mean?
We determined that Hyatt points are worth 2 cents each by comparing several real-world redemptions when paying with cash or points. We looked only at hotels based in the U.S. for this analysis, to reflect travel trends during the pandemic.
Consider this the baseline value for making your own reward redemptions. If you’re getting more than 2 cents per point in value, you’re doing well. If you’re getting less, consider looking for another redemption option (or just paying cash instead of using points).
This valuation can also give you a sense of the relative dollar value of a World of Hyatt promotion or credit card offer. But keep in mind that this is only an estimate, and not a hard-and-fast cash value.
How do Hyatt points compare to other hotel programs?
Put simply, World of Hyatt points blow all other hotel points out of the water in terms of raw value.
This is important to keep in mind when weighing different hotel promotions; 1,000 Hyatt points are not the same as 1,000 Hilton points. In fact, Hyatt's are worth five times as much.
How easy is it to earn Hyatt points?
This is where things get a little more complicated. Yes, Hyatt points are worth a lot, but they are considerably harder to earn with spending at Hyatt properties compared to other hotel programs. Entry-level World of Hyatt members earn 5 points per dollar spent on rooms and other eligible expenses — far less than other hotel programs.
Factoring this in creates something we call the “reward earning rate,” which is effectively the amount of value you can expect to earn back (in Hyatt points) per dollar spent. By this metric, Hyatt is much closer in line with the competition.
Wondering what you can do with those points? Check out our guide to booking award nights with Hyatt and how to get the most value from World of Hyatt points.
How to Maximize Your Rewards
You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2020, including those best for:
Airline miles and a large bonus: Chase Sapphire Preferred® Card
No annual fee: Wells Fargo Propel American Express® card
Flat-rate rewards with no annual fee: Bank of America® Travel Rewards credit card
Premium travel rewards: Chase Sapphire Reserve®
Luxury perks: The Platinum Card® from American Express
Business travelers: Ink Business Preferred® Credit Card