Following Hyatt’s announcement of new benefits for Diamond members, they’re out with something for co-brand credit card holders as well.
Cardmembers can register to receive a 20% rebate on award redemptions.
Here’s how it works:
- Register by March 31
- Redeem any time by — and complete your stay by — July 31, 2015
- The rebate will post 4-6 weeks after redemption.
Nearly all redemptions are eligible, and there is no limit. That makes those expensive category 7 awards normally 30,000 points per night just 24,000 points (it’s almost like turning back the clock and pretending category 7 didn’t exist). It makes those category 7 suites 38,400 instead of 48,000.
Category 7 Park Hyatt Sydney – Save 6000 Points Per Night
You can also use it on cash and points awards (you get 20% of the points — but not 20% of the cash component — back), spa and dining (never a good idea to burn your points this way) and upgrade awards.
The only redemptions you won’t get a rebate on are airline mileage transfers and car rental certificates.
The only catch? This is for existing Hyatt co-brand cardmembers only, it isn’t a promotion that new applicants would be eligible to take advantage of. Presumably they don’t want someone signing up just to get this bonus, transferring a ton of Chase points into their Gold Passport account, and maybe getting the equivalent of an extra 100,000 point signup bonus (on a 500,000 point transfer).
Another nice reason to be a Hyatt cardmember. I have the card, I keep the card (the annual category 4 free night is worth more than the card’s $75 annual fee), though I don’t think it’s an especially strong earner for ongoing spend for most people.
Sky lobby at the Grand Hyatt Kuala Lumpur, where you can save 3000 points per night
Now, I don’t actually have more award nights to book, but this will:
- Tip the scales towards cash and points where available on my paid bookings.
- Encourage me to gift some award nights, given Hyatt’s new benefit where Diamonds booking awards for friends gift ‘Diamond for a stay’ to those friends
- Cause me to try to cancel and rebook some existing awards.
How will you play this?
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Are existing points reservations eligible for this, or would I have to cancel and rebook after registering for this promotion? I’ve currently got 3 nights at the PH Paris and 3 nights at the Andaz Amsterdam that this would pay off big for.
I rebooked and cancelled one reservation. Hope to book other award nights now with the 20% rebate. Especially like that this promotion goes all the way through July 31st. Very generous. Only wish I had more points in my account!
@gary, would you transfer UR points due to this promo?
I’m a long-time Hyatt VISA cardholder and Diamond member. Tried to register, but got an error saying I wasn’t eligible. I did not receive an email on the promo from Hyatt, rather used the link you provided.
@john it depends on the value of the redemption i was making. since it needs to be paired with a specific redemption to yield the value of the bonus it isn’t speculative, it’s based on an actual reservation. but if i had an award to book, then i’d definitely consider it!
@Rob H – rules suggest you would need to cancel and rebook: “Only points redeemed between 2/17/2015 and 7/31/2015 will be eligible for this promotion. “
What’s the link for this card?
Please don’t tell me that the reason why it didn’t get a “KEY LINK” status was because it doesn’t pay you commission.
@lsbuffs – when is the last time you spent money on the card and had points post to your account? It seems like Hyatt doesn’t realize there’s a co-brand Visa attached to your account.
@James you cannot sign up for the Hyatt Visa to become eligible for this offer. It’s only available for cardholders as of the end of January.
Besides, I don’t give direct links to this card, I recommend people walk through making a Hyatt reservation because that will frequently cause them to be presented with a better offer.
I had the same problem at Isbuffs…my Hyatt card was not linked to my account (I like 5% from AmEx better). I tried to add my Hyatt card, but the promotion still would not work. I ended up calling in and they manually added the promotion to my account.
Hyatt and Visa are stepping up their game. The other day I had two bottles of Naked Juice sent to my room just because I’m a Hyatt Visa cardholder.
I have a ton of award redemptions between those dates so I called to cancel and rebook. Agent spoke with a supervisor and confirmed that rebooking is not necessary. I am a bit leery so I will likely call back later today to check with a different agent or to see if Hyatt confirms in writing. It’s a massive number of points at stake.
Found my own answer —- see link with @HyattConcierge saying that existing bookings will be fine: https://twitter.com/HyattConcierge/status/567688992003727360
I would love it if REDEEMED in the T&C of the offer referred to CONSUMED and not BOOKED. I will check.
I tried to register for this and got a message my account is not eligible for this promotion. Dont know why?
This Hyatt Gold Passport account number is not eligible to participate in this promotion.
I just noticed the earlier posts. I will call myself.
Robert
I also got the not eligible after trying to register. Diamond member and card is linked to Hyatt account and have spent monthly.
Will call tomorrow.
Does this apply to points/cash or only pure points stays?
Sorry, saw points/cash are eligible.
I’m also a long-time Hyatt VISA cardholder and Diamond member. Tried to register, but got an error saying I wasn’t eligible but I don’t take no for an answer very well. Point is I last spent $ on my Hyatt card in September, so maybe they missed me.
Called the Diamond line and after waiting on hold for a bit, they were able to manually add me. Answer is no if you don’t ask, I always say!
Hyatt just tweeted:
Yes all Hyatt Credit Card holders are eligible for this promotion. If you DM me your GP number I can assist you
Fantastic news. I had about 70,000 Hyatt points locked into bookings already. Canceled, rebooked, hoping for a nice fat rebate. Won’t even bother trying to upgrade to fancier hotels either. I am really excited about this.
Do you know if we will get a rebate back on the 6k points used to upgrade to a suite with the HDR?
Thanks!
I was just told by 2 different Hyatt reps that stays do not need to be rebooked as long as they fall into the dates of the promo.
I got the same answer from a Hyatt Rep just now.
I was able to confirm in writing from Hyatt Concierge on Twitter that:
1- Stays booked prior to promo registration count. No need to rebook. ACTUAL TEXT: “As long as you are registered for the promotion and have stays between 2/17-7/31 they qualify, no matter when they were booked. ^NC”
2- I had them manually add my promo via secure message on Twitter. For some reason I couldn’t register even though I’m a cardholder.
Great creative promotion GP!
Take that SPG Marriott and Hilton
Way to go Hyatt!!!!!
Limited time promos are almost always worthless to me. I don’t plan to make any redemptions during this period as I have other vacation plans.
Awesome? No. Nice? Yes.
Awesome is Club Carlson’s 2nd award night free, which is a PERMANENT benefit. A close second would be SPG’s and Marriott’s 25% off a 5-night stay.
Gary,
Frequent Miler says that this offer is valid for new accounts as well. As long as they register prior to 3/31/15.
@Jung I saw that, the terms and conditions say otherwise, I reached out to Hyatt to verify