Originally Posted by
Matt4200
OP didn’t say they were purchasing Gold status, only that they were “accepting” it which could have many meanings (especially with the recent “instant status” offering). One other perk would be bonus mileage, not a good perk, but a perk nonetheless.
Originally Posted by
serpens
[...]
As I understand the email, it is an "instant status" offer. (If I had understood it to be purchasing status for 5000 Hyatt points, I wouldn't have posted.) And getting bonus mileage would likely mean that more miles would expire unused at some future date, because I fly so infrequently (and when I do, it's on American only about one time out of four).
Ah -- as Matt observed, I wrongly assumed based on the thread that you were asking about the point redemption option, since there is also a thread for the instant status pass (not a mod comment, just mentioning as a by-the-way, your post is fine here!)
The instant status offer is free, so the only cost there is the opportunity cost -- the current terms for the public match include "Members who have registered for the Instant Status Pass™ promotion in the last 2 years are not eligible for this offer."
i.e. if you could conceivably want to do the status match for real in the next 2 years, then "wasting" it now might preclude you from doing so assuming similar terms apply in the future.