Since November, Hyatt has been offering a 10% discount on the purchase of gift cards. All you have to do is enter promotion code GPGIFT14 at check-out when purchasing the gift cards.
If you stay at Hyatts with any frequency and have the cash, it’s an absolute no brainer to pick up as many of these as you can, as a 10% discount is pretty substantial savings.
In late November Hyatt even introduced e-gift cards, whereby you don’t even have to pay to have a physical card shipped to you, but rather can just be emailed a code that you have to give at check out. I’ve used them, and far prefer them to the old physical gift cards.
Anyway, the 10% off promotion was set to expire on December 31, 2014. While it might seem like a subtle extension, the 10% off promotion now runs through at least 12PM CST today, Thursday, January 1, 2015. Per ToddHyattGoldPassport on FlyerTalk:
I’ve got a New Year’s gift for you. We will end the GPGIFT14 promo at an undetermined time after 12:00pm CST on Thursday, Jan. 1st, 2015. This will allow you to get in orders for credit cards charges in 2015. I do suggest you place any orders you wish with the GPGIFT14 promo prior to 12:00pm CST, as the promo will be removed shortly thereafter.
This is useful for a couple of reasons. First of all, if you forgot to buy them despite my reminder, you still have time.
But equally importantly, you can purchase gift cards and have them count towards 2015 credit card spend rather than 2014 credit card spend. This is useful if:
- There’s a threshold bonus you’re trying to reach on a credit card in 2015
- If you use the Hyatt Visa Card to purchase gift cards (which I recommend, since you earn 3x points per dollar spent), this could help towards the thresholds offered by the card — you receive two stay credits and five night credits when you spend $20,000 on the card in a calendar year, and an additional three stay credits and five night credits towards Diamond when you spend $40,000 on the card in a calendar year, for a total of five stay credits and ten night credits
- The AmEx OPEN Savings program offers 5% cash back on many Hyatt stays, though there’s a $10,000 cap per calendar year, which just reset, now that it’s 2015
Speaking of that last point, has anyone purchased Hyatt e-gift cards using a small business credit card which is eligible for the OPEN Savings program? If so, did you receive 5% cash back for the purchase of a Hyatt e-gift card? If so, it’s a no brainer to use an eligible card, for a total of 15% cash back, plus the points you’d usually earn.
Save at least 10% off a stay at the Park Hyatt Seoul
I waited until the last minute and plan to buy some Hyatt gift cards in the next few hours. I’m still trying to decide if I should go with the Hyatt Visa Card for the 3x points, or if anyone can confirm they received the 5% savings through a card eligible for the OPEN Savings program.
Have you purchased Hyatt gift cards through this promotion, and if so, which card did you use?