I just read/learned about Interval eplus. Anyone here used it for their Hyatt EEE points? I have 890 pts expiring in Sept 2020 and I'm nervous about losing them already! LOL
Something about retrading? I assume there is a cost for that!
I am not an expert at this. But the basic strategy is:
1) Book something good, but make sure it's as far out as possible (like say 2 years).
2) Buy ePlus.
3) Using ePlus you may retrade up to 3 times. I believe the trading power is determined by what your current confirmed week is.
Doing this effectively moves your points expiration out two years.
With ePlus, you are limited to what is currently in inventory. You also can't trade to something else past your original check in date of the trade (this is why you want to make it as far out as possible).
One thing to be aware of that is specific to Hyatt:
You may "trade up" by adding additional points to the reservation, but you DO NOT get refunded points. For example, let's say you book a 1 bedroom stay (870 points)..if you were to "trade down" to a studio that normally costs 430 points, you would not get points back. If you were to "trade up", you would be charged an additional 430 points (1300 - 870 = 430).
If your EEE points don't expire until Sept. 2020, I personally wouldn't even bother looking for something to trade into until sometime in August.
Here is what I would do:
Set up an ongoing request for something you really want. If it gets to August and you haven't been confirmed, you can take that ongoing request and do an exchange to what is currently available in inventory and purchase ePlus.