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Update: The Business Platinum® Card from American Express OPEN has exciting new benefits, and a great new limited time offer. Learn more about the current offer here.
Update: This offer for Barclaycard Arrival Plus™ World Elite MasterCard® is expired, but there’s currently an opportunity to earn 50,000 miles after spending $3,000 within first 90 days of having the card. Learn more about the special offer here.
Update: This offer for The Business Gold Rewards Card from American Express OPEN is expired, but there’s currently an opportunity to earn 50,000 Membership Rewards® points after you spend $5,000 in purchases on the Card within your first 3 months of Card Membership. Learn more about the special offer here.
In early November I wrote about how Hyatt is offering a 10% discount on gift card purchases through December 31, 2014. You simply have to enter promo code GPGIFT14 when purchasing the gift card.
The best part is that there’s no limit to how many gift cards you can buy during the promotion (though there’s a limit to how many you can purchase per transaction). As someone that lives in hotels full time, that’s basically like a 10% savings on my living expenses. 😀
At the time, however:
- There was no option for free shipping on Hyatt gift cards
- Hyatt e-gift cards weren’t eligible for the 10% discount
I figured I’d post a couple of updates, as there have been improvements on both fronts:
Free shipping on Hyatt gift cards
Previously the cheapest option for shipping gift cards was $6 with FedEx. However, you can now get free shipping of gift cards with USPS Priority Mail.
Not that the $6 was a huge deal given the savings, but…
10% discount on Hyatt e-gift cards
Possibly most exciting is that Hyatt now also has e-gift cards available, and you can receive a 10% discount on them with promotion code GPGIFT14. The terms are virtually the same as for the physical cards, except you don’t have to wait for them to ship or worry about if they’ll get lost.
Maximizing points on Hyatt gift card purchases
Historically Hyatt gift card purchases qualify for the Amex Open Savings program, whereby you get 5% cashback on select Hyatt purchases.
The four main OPEN cards for travelers are as follows:
- The Business Platinum® Card from American Express OPEN
- The Enhanced Business Gold Rewards Card from American Express OPEN
- Starwood Preferred Guest® Business Card from American Express
- SimplyCash® Business Card from American Express
If you use the Starwood Preferred Guest® Business Card from American Express, you’d earn 5% cashback plus one Starpoint per dollar spent. I value Starpoints at ~2.2 cents each, so that’s like a return of ~7.2%, in addition to the 10% discount for the purchase of gift cards.
The next best option is the The Hyatt Credit Card, as you’ll earn triple Hyatt points on the purchase. I value them at ~1.5 cents each, so that’s like an additional return of ~4.5% on your purchase.
If you don’t have either of those cards, then any card which offers bonus points on hotel spend is your best bet. For example, the Chase Sapphire Preferred® Card and Ink Plus® Business Credit Card offer double points on hotel spend.
Use your Hyatt gift cards at the Park Hyatt Chicago
This deal is pretty tough to beat, especially since the gift cards don’t have an expiration date. If you stay at Hyatt properties with any frequency, I’d highly recommend taking advantage of this offer.
Non-Affiliate Product Disclaimer: The information for the Hyatt Credit Card has been collected independently by One Mile At A Time. The card details on this page have not been reviewed or provided by the card issuer.