Hat Tip to both Gary from View From The Wing & Ben from One Mile At A Time for posting this. What you need to do is buy the premium membership of MilePoint for $49.95 and buy $5000 worth of Hyatt gift cards in one shot as there is a $6 per transaction.
According to Gift Card Granny, Hyatt Gift Cards sell for 85% of the face value.
You must pay with a business American Express with OPEN savings for 5% off. You will earn 4275 Membership Rewards or SPG points for $55.95 which comes out to $.013/point.
Solely buying the points is a little expensive, but if you could take advantage of the benefits of the premium package this manufactured spend opportunity can’t be missed as this would lower the cost of the points.
I was not planning on buying the premium membership because I have Hilton Gold and still do not see much value in the rest of the package.