Awesome Offer: 20% Rebate on Nearly All Hyatt Redemptions Through July 31 for Co-Brand Cardholders

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?

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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  1. 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.

  2. 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?

  3. 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.

  4. @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!

  5. @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. “

  6. 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.

  7. @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.

  8. @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.

  9. 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.

  10. 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.

  11. 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.

  12. 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.

  13. 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?

  14. 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!

  15. 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

  16. 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.

  17. Do you know if we will get a rebate back on the 6k points used to upgrade to a suite with the HDR?


  18. 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.

  19. 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.

  20. 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.

  21. Gary,
    Frequent Miler says that this offer is valid for new accounts as well. As long as they register prior to 3/31/15.

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