Southwest Airlines Companion Pass – Part 2: Hyatt and Chase Ultimate Reward Points Game Plan
Before reading Part 2, please read Part 1. As a refresher, to get a Southwest Airlines Companion Pass, you need to earn 110,000 Southwest Airlines miles in a calendar year. Southwest Airlines has a handy page to track your current Companion Pass status (link). As of today (October 23, 2014), I need to earn 41,522 more Southwest Airlines miles to obtain a Southwest Airlines Companion Pass good through the rest of 2014 and all of 2015.
Last year, I converted 50,000 Hyatt points into 30,000 Southwest Airlines miles. I plan to do the same thing this year (image is from last year).
Since I do not have 50,000+ Hyatt points in my account, my mom has graciously offered to move her 2,285 Hyatt points into my account. To move Hyatt points between accounts, you need to print out this form, fill it out, and send it to Hyatt Gold Passport (email, fax, or snail mail). The form is pretty straight forward (Hyatt Points Transfer Form – PDF Download), just fill out the form with your Hyatt account info, your friend/family member’s Hyatt account info, the number of points you want to transfer, and your signature.
Here are the terms and conditions of the Hyatt points transfer:
Member may combine the necessary number of Hyatt Gold Passport points from their Hyatt Gold Passport account with those in one other specifically designated Hyatt Gold Passport account in order to have a sufficient number of points to redeem a particular award. A single member may only participate in a point combining transaction (transferring or receiving of points) once every 30 days. In order to combine Hyatt Gold Passport points, a member must have an active account and a Hyatt Gold Passport Point Combining Request Form must be completed and signed by both Hyatt Gold Passport members and submitted to Hyatt Gold Passport Customer Service. Forms are available by calling 1-800-51 HYATT (1-800-51-49288) or by visiting goldpassport.com.
Hyatt Gold Passport points may be combined into only one member’s account for redemption. Once issued in the designated member’s name, the member transferring the Hyatt Gold Passport points will relinquish all rights to the combined Hyatt Gold Passport points. Only the number of Hyatt Gold Passport points necessary to redeem the specific award for which the transfer is being requested may be combined.
To book an award reservation using combined points, call Hyatt Gold Passport Customer Service at 1-800-30 HYATT or your nearest Hyatt Worldwide Reservation Center. Hyatt Gold Passport free night awards apply when standard rooms are available at the Hyatt Daily Rate. Standard rooms are defined by each hotel and are not subject to blackout dates. Hyatt Gold Passport free night awards cannot be redeemed for hotel packages.
Hyatt Gold Passport award reservations are subject to the reservation requirements of the individual hotel, such as length of stay. Hyatt Gold Passport award reservations are subject to the cancellation or no-show policy of the individual property at which member is redeeming an award. Hyatt Gold Passport free night awards are valid for standard guest rooms unless specifically stated as part of a particular award. Hyatt Gold Passport awards may be applied only to the guest room and do not apply toward food, beverage (except Passport Escape Awards which include limited meals), incidental expenses or service charges or taxes. A valid credit card is required to guarantee an award stay at time of booking. Additional restrictions may apply. For complete program terms and conditions, please visit goldpassport.com.
Hyatt Hotels & Resorts® encompasses hotels managed, franchised or leased by subsidiaries and affiliates of Hyatt Hotels Corporation. The trademarks Hyatt, ® Hyatt Hotels & Resorts, ® Park Hyatt, ® Andaz, ® Grand Hyatt, ® Hyatt Regency, ® Hyatt Place, ® Hyatt House, ™ Hyatt Gold Passport, ® Hyatt Residence Club, ® and related marks are trademarks of Hyatt Corporation. ©2012 Hyatt Corporation. All rights reserved.
I chose to email the form to Hyatt, so I scanned the form into a PDF and sent an email to email@example.com, along with some info on the transfer. I sent out the email at 6:19pm.
I received an automated reply from Hyatt at 6:20pm.
And by 11:00pm that night, the transfer was complete (much faster than I had originally thought). That was easy!
My mother sent me a screenshot of her Hyatt account showing the 2,285 Hyatt points transfer (her current Hyatt account balance is now 0).
My Hyatt account shows the 2,285 Hyatt points from my mother. My new Hyatt account balance is 14,741.
My plan for the next 2 weeks:
- Spend at least $259 on my Chase Hyatt Credit Card next week before my statement closes.
- My new Hyatt account balance will then have at least 15,000 Hyatt points.
- Convert 35,000 Chase Ultimate Reward Points into 35,000 Hyatt points.
- My new Hyatt account balance will then have at least 50,000 Hyatt points.
- Convert 50,000 Hyatt points into 30,000 Southwest Airlines miles.
Here is how I will achieve the Southwest Airlines Companion Pass:
- Currently, I need at least 41,522 more Southwest Airlines miles.
- After transferring 50,000 Hyatt points into 30,000 Southwest Airlines miles, I will need 11,522 more Southwest Airlines miles.
- At this point, there are many ways to get the remaining Southwest Airlines miles (please read part 1 for more info):
- 25,000 Hyatt points = 12,000 Southwest Airlines miles (2.08 : 1 ratio)
- 40,000 Marriott points: 30,000 Marriott points = 10,000 Southwest Airlines miles (3 : 1 ratio) + 10,000 Marriott points = 2,000 Southwest Airlines miles (5 : 1 ratio)
- 42,000 Choice Hotels points = 12,600 Southwest Airlines miles (3.33 : 1 ratio)
- 60,000 Wyndham Hotels points = 12,000 Southwest Airlines miles (5 : 1 ratio)
- 120,000 Club Carlson points = 12,000 Southwest Airlines miles (10 : 1 ratio)
- Manufacture spend 11,522 across my 2 Chase Southwest Airlines Credit Cards
Realistically, I will probably do some combination of MS and Hyatt transfers. My preferred MS option is buying PayPal My Cash Cards for $3.95. Therefore, $11,522 / $503 = 22.9 = 23 PayPal My Cash Cards x $3.95 = $90.85. I can also buy gift cards at grocery stores for $5.95, but that will increase my MS costs.
Since both of my Chase Southwest Airlines Credit Card statements close on the 4th of the month, I have to earn the points by November 4th and December 4th (January 4th will be too late). My plan moving forward is to spend $259 or more on my Chase Hyatt Credit Credit Card and wait for the statement to close. Meanwhile, spend a few thousand on my 2 Chase Southwest Airlines Credit Cards and wait for those statements to close (both on the 4th as well). After November 4, I will re-evaluate my Southwest Airlines account balance and see what needs to be done between November 4th and December 4th. Should be an exciting month!
If you have any questions, please leave a comment below. (P.S. there might be a Part 3 and Part 4 in a few weeks, stay tuned for more).