Great Deal: Receive A 10% Discount On Hyatt Points Redemptions

Hyatt has just announced a special promotion for those with the Hyatt Visa Card.

Those with Hyatt’s co-branded credit card can receive a 10% discount on points redemptions for stays through October 31, 2016.

Hyatt-Visa-Discount

Here’s how you can take advantage of the promotion:

STEP 1: Register for this promotion by entering your information to the right before August 31, 2016.

STEP 2: Book a stay  with points or Points + Cash and complete your stay by October 31, 2016. Keep in mind, free nights at any Category 1 property start at just 5,000 points.2

STEP 3: Get 10% of your redeemed points back.  Your points will be deposited directly into your Hyatt Gold Passport account 6-8 weeks after your completed stay.

The 10% points refund should post to your Hyatt Gold Passport account 6-8 weeks after the completion of your redemption, and there’s no limit to how many points you can be refunded through this promotion. Previously booked reservations still qualify for the promotion, as long as the stay occurs during the promo period, so there’s no need to cancel and rebook.

Last year Hyatt had a promotion where they offered 20% off redemptions for those with Hyatt’s co-branded credit card, so while this isn’t quite as generous, it’s still an awesome promotion.

As a reminder, Hyatt’s normal award redemption rates are as follows:

Hyatt-Cash-Points1

So if redeeming points, you’d get 10% off the points portion cost of your stay, whether you’re redeeming for a free night or a Points + Cash stay. As a Hyatt Diamond member, my favorite use of points in general is Points + Cash bookings, given that:

  • You still earn elite stay & night credits for these stays
  • You can apply Hyatt Diamond Suite Upgrade Awards to these bookings
  • You still earn points for the cash portion of the stay
  • These bookings qualify for any global promotions Hyatt is running

So personally I wouldn’t be totally changing my behavior based on a 10% award discount, since it’s not huge. But at the same time it makes any redemptions you were going to make an even better value.

The Park Hyatt Sydney goes from costing 30,000 points to 27,000 points per night, for example.

Park-Hyatt-Sydney-1
View from the Park Hyatt Sydney

Or the Park Hyatt Maldives goes from costing 25,000 points to 22,500 points per night.

Park-Hyatt-Maldives-4

Bottom line

Be sure you register for this promotion and redeem your points for stays before October 31, 2016, if you want to take advantage of this promotion. I wouldn’t change my behavior too much as a result of it. In other words, this wouldn’t cause me to redeem points for dining or spa awards, which otherwise represent a bad value. But if you’re going to make an award booking anyway, you might as well take advantage of this promotion.

Comments

  1. Lucky,

    Are you sure you have the details right? From Gary’s post:

    “I’ve confirmed with Hyatt that this year’s promotion will work the same way as last year’s:

    There is no need to cancel and rebook existing reservations. Reward nights that occur during the promotion period will receive the rebate as long as you register, regardless of when you made the booking.”

  2. I called Hyatt Diamond line today after receiving the offer email to verify if my existing reservations would qualify since they were previously booked and the offer did not specify. Hyatt representative told me as soon as I register for the promotion and stays are between the register day and October 31, 2016, it will count towards the 10% rebate.

  3. I am little confused especially since the fine print below the offer’s 3 steps states that “Only points redeemed between 7/11/2016 and 10/31/2016 will be eligible for this promotion” . It is crazy how this offer comes after i made a lengthy booking yesterday that included points and free reward night. All of it in All Inclusive Hyatt including twin 2 year olds. Had to speak to 3 Hyatt agents. Definitely don’t want to miss on getting any points back.

  4. Lucky you are the best blogger. Others also wrote about this promotion but you are the only one to mention no need to cancel and rebook if already have a reservation. Keep up with the good work!

  5. Any clarity lately on whether approval for the Hyatt card follows Chase’s 5 cards in 24 months rule?

    I’m two months away from getting under that threshold so trying to decide between Hyatt cobrand and the Chase Freedom for next app.

  6. FYI that if you do a Guest of Honor reservation as a Diamond member (where you use points to book for a family member so they can get Diamond privileges for the stay) Hyatt Concierge told me via Twitter DM that this promotion will not apply. When it’s a Cat 6 hotel that rather stings.

    Not very happy…basically if you use a Diamond benefit (Guest of Honor) it cancels out this offer. It devalues this offer….or the Diamond program….or both. 😉

  7. Just wondering, I just completed a 3 night, 2 room, totaling 150k points stay at Andaz Maui between 7/13-7/17. If I sign up now is there any chance that I can get this rebate? I wouldn’t be upset with Hyatt if I couldn’t, as I didn’t find out about this until today, I’d just be upset at the situation of missing out on so many points back!!!

  8. If you do points+cash, do you actually have to pay the cash portion with Hyatt card? Or it’s just sufficient to be a Hyatt cardholder?

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