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Hyatt has just announced a fantastic promotion for those with their co-branded credit card. Hyatt is offering those with The Hyatt Credit Card a 10% refund on points redemptions for stays between June 1 and September 5, 2017.
In order to take part in this promotion you need to register by June 30, 2017, and the 10% points refund should automatically be deposited in your World of Hyatt account 6-8 weeks after the points have been used. New cardmembers are eligible for this promotion, as long as they register by June 30, 2017. To be eligible, the entire stay has to be completed by September 5, 2017, and not just started by that date.
The above dates are based on when you stay rather than when you book, so there’s no need to cancel and rebook your existing reservations, assuming they fall over eligible dates.
Eligible redemptions for the purposes of this promotion include award stays, points + cash, suite upgrades, and dining and spa services. Airline mileage transfers and Avis car rental certificates are not eligible for this offer.
This is a fantastic promotion, and certainly makes it more tempting to redeem points during the promotion period. As a reminder, here’s what Hyatt’s award chart looks like for free night and points + cash redemptions:
So this means a Category 7 redemption will end up costing you 27,000 points per night, a Category 6 redemption will end up costing you 22,500 points per night, etc. This will certainly cause me to redeem some points during the promotion period, as in some cases it will impact whether paying cash or redeeming points is the better value.
Get 2,500 points back per night when redeeming points at the Park Hyatt Vienna
If you don’t yet have The Hyatt Credit Card, this is yet another reason to pick it up. This card is generally awesome given the big sign-up bonus of two nights that can be redeemed at any Hyatt property in the world, and Hyatt has plenty of aspirational properties.
Redeem the two free nights from the Hyatt Visa Card at the Park Hyatt Maldives
On top of that, the card offers an annual free night certificate valid at Category 1-4 properties, which more than justifies the $75 annual fee on the card, in my opinion. Hyatt also occasionally has further bonuses for those with their co-branded credit card, like this offer (they ran a similar promotion last year). I value Hyatt points at ~1.5 cents each, so the savings will rack up quickly if you redeem any points during the promotion period.
Do you plan on taking advantage of Hyatt’s 10% rebate on award redemptions this summer?