How To Stack Discounts To Save On Hyatt Stays

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Hyatt is offering a 10% discount on the purchase of gift cards, which can translate into huge savings potential for Hyatt stays with a bit of planning. This was previously only valid on physical gift cards, but it looks like the discount is now valid on electronic gift cards as well.

Purchasing gift cards

This promotion is open to all Hyatt Gold Passport members, and you can purchase the gift cards directly on the Hyatt website. It doesn’t seem like there’s a limit to how many gift cards you can buy using this promotion.

Hyatt-Gift-Cards-1

To apply the discount, enter GPGIFT14 in the promotional code field. You should then see the 10% discount reflected in your shopping cart:

Hyatt-Discount

There isn’t a published expiration date at present, though my guess is this won’t go past December 31, 2014, at the latest.

Park-Hyatt-Aviara-Resort-59
Hyatt gift cards are valid at the Park Hyatt Aviara

Stacking with American Express OPEN rebates

Hyatt participates in the OPEN Savings program, whereby you receive a 5% discount for Hyatt stays of up to $10,000 per year when paying with your American Express OPEN Card:

OPEN Savings® from American Express OPEN

Hyatt Hotels & Resorts® boosts the value you get from your Business Card from American Express OPEN as part of the OPEN Savings® benefit. As a built-in Business Card feature, you automatically receive a 5% discount credited to your American Express statement OR 2 additional Membership Rewards® points for each eligible dollar spent at participating Hyatt Hotels & Resorts in the U.S. up to $10,000 per Card Account in a calendar year. This benefit can be combined with other promotions offered by Hyatt.

This is equivalent to saving 5% on Hyatt stays, and the statement credit means you’re effectively getting cash back on eligible stays.

The four main OPEN cards for travelers are as follows:

Of those, I think the Starwood Preferred Guest® Business Card from American Express and SimplyCash® Business Card from American Express offers the best value here.

By using the SPG card you’ll earn both 5% cash back plus one Starpoint per dollar spent, which I value at 2.2 cents each. So that’s basically a 7.2% return on Hyatt stays.

With the SimplyCash card, you can select one category where you’d like to earn 3% cash back, and hotels can be one of them. So that’s an 8% return on Hyatt stays.

Meanwhile on the Business Gold Rewards Card you have the option between two bonus Membership Rewards points per dollar spent or 5% cash back — the 5% cash back is definitely the better of the two options, in my opinion.

But I value Membership Rewards points at 1.8 cents each, so I still think you’re better off using the Starwood Preferred Guest Business Card than the Business Gold Rewards Card.

There are a couple of restrictions regarding the OPEN Savings program for Hyatt that you should know about:

This really adds quite a bit of value to Hyatt stays if done properly. You basically get a 7.2% return on Hyatt spend, in addition to the points you earn for your stay.

Also, last year Hyatt ran a similar promotion offering a 10% discount on gift cards. For what it’s worth, purchasing them with an OPEN Savings eligible card did trigger the 5% Hyatt discount:

Hyatt-Gift-Cards

I can’t guarantee that will be the case again this year, though I see no reason it wouldn’t be.

If that does work, that’s like a return of ~17% on Hyatt stays without factoring in the points you earn for your stay or from any promotions.

Bottom line

If you know that you’ll have stays at participating Hyatt hotels in the next year this is a no-brainer, in my opinion.

As a side note, the Hyatt Regency in Crystal City and the Hyatt Regency Mission Bay both accept Hyatt gift cards, so if you’re heading to one of the upcoming FTU events this can be a good way to save on hotel costs.

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Comments

  1. Lucky,

    How are you going to handle your international Hyatt stays? I have many upcoming. The gift check certificates apparently work but you have to get small demoninations, no?

  2. Ian i don’t think that’s correct:

    Do I receive Hyatt Gold Passport points when I redeem Hyatt Gift Cards or Check Certificates?
    Yes, when redeeming a Hyatt Gift Card or Check Certificate, points will be earned on eligible purchases.

  3. Hi Ben,

    I took advantage of this last year for the Hyatt Check Certificates which can be used at international properties. With the discount code you provided, it works for both the Gift Cards as well as the Check Certificates, so you can save 10% off the Certificates now..

    HOWEVER, even though I thought I was getting a great deal when I purchased the certificates, I am not sure if the Check Certificates which I bought at 10% off really saved me much money. Here’s why: the hotel accepted my certificates as U.S. Dollars which it then converted to the local currency at the hotel front desk conversion rate. As we all know, usually the hotel conversion rate is not a good rate.

    According to the Hyatt Terms and Conditions on their website, we don’t have a choice. They state: “Outside of the United States and Puerto Rico, the total charges will be reduced by converting the USD value of the Hyatt Check Certificate into local currency according to the daily exchange rate at the hotel.”

    What do you think? Have you experienced the same issue? Any suggestions?

  4. Thanks for the tip! I just grabbed $1000 gift card for business trips next year. I used eBates 2.5% cash back, plus the 10% off and 5% OPEN savings, it will add to my 10% AAA savings when I book to be almost 30% off some hotel stays.

  5. Hey Lucky, can you clarify if the $10,000 limit is the first $10,000 of OPEN savings eligible spend, or just spend period? E.g. if I first spend $10,000 on a car, and then buy some Hyatt gift cards, do I get the open savings on those cards?

    Also, others have said that the SimplyCash card does NOT return 3% if you pick Hotels AND buy Hyatt Gift cards. The terms of course say that gift cards are excluded and they appear to figure it out and categorize the gift card purchase so it doesn’t qualify. Despite qualifying for the OPEN savings (which has been my experience to date, at least until September or so this year).

  6. @eric – Each gift card is limited to $2000, but you can buy multiple cards using the discount code, up to a $10,000 max per day. And then the next day you could use the discount on another $10,000 if you wanted.

    @Glenn – The OPEN savings applies to the first $10,000 of eligible spend for Hyatt. So yes, you can go buy that car and then still get the savings on Hyatt.

  7. @ Michael — Honestly I probably won’t mess with it. The certificates are a bit of a hassle for me, and I generally use points on international stays.

  8. Just remember if you use a corporate code or reduced rate (i.e. MER, AAA or anything) than the referral sites will not give credit for the booking (beats, toipcashback etc)

    FDW

  9. Are you able to get 3% cashback at TopCashBack during gift card purchase or is that only when making the actual booking? TopCashBack seems to have strong verbiage saying only for “stays” booked. Ebates doesn’t seem to have that verbiage. Anyone know if gift card purchasing will trigger cash back at either site?

  10. Hey Lucky, I have a physical $200 Hyatt gift card. I have a reservation on hold using a corporate code. Will they accept the Gift cards for payment at check in? Thanks for having a great site!

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