Just got an offer from Hyatt to buy Hyatt points for 30% off the standard rate.

With manufactured spending much harder to do these days, are some of you thinking of purchasing these points outright?

55,000 points will cost $924. So that's at least 3 nights in a category 4. So it'll be easy to save a little on cash cost of the booking. However, with points, the cancellation policies are significantly more flexible than cash rates.