$1,000+ in Travel via One Credit Card Approval!

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It’s been about three months since I last added a rewards credit card or two to my arsenal (Alaska and US Airways were the additions via the last go round in December), and while I don’t adhere to any sort of strict schedule about such things, I was starting to think about what card made sense to get next when the obvious answer crash landed on my computer screen.

Back in mid-February Hyatt announced a very unique promotion where Hyatt credit card holders would get 20% of their redeemed Hyatt points back from 2/17/2015  – 7/31/2015.  At first it looked like you had to already have the co-branded credit card to qualify for the promotion, but then Hyatt clarified that as long as you had the card and were registered by March 31st, that  you could participate in the promo.  You can even get retroactive credit dating back to the start date!

Hyatt 20 Offer

I’ve long been tempted by the Hyatt credit card, the two award nights at any Hyatt awarded via the sign-up bonus, the 3x points on Hyatt stays, the annual anniversary night at a Category 1-4 Hyatt, and more, but I hadn’t yet pulled the trigger on the card.

However, knowing I would get 20% back on award stays for over five months was enough of a delicious cherry on top to make me go for it. I already stayed during the promo period for two nights on points at the all-inclusive Hyatt Zilara Rose Hall, so I know that will be 10,000 points coming back for sure, but I have a few other award stays likely during the promotional time period that will add up to make this a very nice bonus on top of a bonus for my family.  I even applied for a version of the offer that popped up while making a reservation at Hyatt.com that also awards a $50 statement credit!

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Enjoyed our vacation, now we get 10k points back!

I knew that I had probably already maxed out my allotment of Chase personal credit cards and credit limit, but I was ready to trade one of my Chase cards for the Hyatt card if needed as I had another card that wasn’t currently meeting my needs as much as I knew the Hyatt card would.

As it turns out, that is exactly what I needed to do to get approved (more info on that process here), and just a few short days later a box with my brand new Hyatt credit card arrived to its new home.  I can’t wait to hit the $1,000 spending requirement to trigger the two nights to use at any Hyatt.  I’ll do a separate post on strategies to maximize those two award nights, but in general I will look to the Category 6, 7, and all-inclusive properties to get the max value.

Hyatt Credit Card

Most likely I’ll spend my sign-up bonus nights either at the Park Hyatt Beaver Creek during next ski season since that property normally goes for 30,000 points per night, or at one of the new all-inclusive Ziva properties with my family.  Those all-inclusive properties go for 20,000 – 25,000 per night for double occupancy, but since our 5-year-old would come with us, that would bump the points price as high as 37,500 points per night making it a fantastic use of the free night award.

The free nights are valid for one year, so I will be firming up where we want to use them sooner rather than later to make sure we don’t let the free nights go to waste.

If you have had the Hyatt credit card on your wish list for a while like I have, I think it is absolutely worth strong consideration in the very near future if you have Hyatt award stays booked from 2/17 – 7/31/15.  Being able to get 20% of those redeemed points back is pretty spectacular, and was enough to make me go ahead and pull the trigger.  Just don’t wait too long as it may take a few days to get approved and have the card update in your Hyatt account, thus allowing you to register for the promo.

I know that everyone values their points and award nights differently, but for this one credit card approval I am getting a $50 statement credit, two award nights to use around the world that I’m sure we will use somewhere that where rates are easily north of $500 a night (the nights I am eying at Beaver Creek are $1,000+ per night), plus I will likely get at least 15,000 Hyatt points back that I value at a minimum of $225.

Park Hyatt Beaver Creek Rates

However you want to add all that up, it comes out to be a tremendous value for my family and certainly over $1,000 in travel if we had booked our nights the traditional way with cash.

 

For those curious, the best offer for this card with the $50 statement credit is sometimes available via Hyatt.com when you go to make a reservation, so head there if you want the card!

Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.

Disclaimer: The comments below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Comments

  1. You are getting points back from using the two nights certificates? My wife and I used ours at Park Hyatt New York, Park Hyatt Sydney, and Park Hyatt Paris. I can’t believe you never had this card before.

    • Maury, no, I used 50,000 points to stay two nights at the all-inclusive recently, so I’ll get 20% of those back. I have yet to receive or use the two free nights from the credit card.

  2. Summer, do you have any experience adding Diamond guest benefits to a non-diamond spouse reservation? If so, any suggestions on how to do this? Calling Hyatt, calling the property directly, etc? Is it even allowed?
    Thanks,
    Michael

    • FreeTravelGuys, you can gift her Hyatt Diamond status now when she is staying on your points. Not sure how you could really get that to translate to the free Hyatt credit card nights. However, if you are traveling with her when she uses her nights you can probably just be added on the rez and use your perks at check-in…not guaranteed, but decent chance of working.

      • Yes, that’s more or less what I anticipate. They’re two separate issues. Gifting status now is easy but only on points stays. I’m hoping it works for free night certificates too since I’d rather not blow 60,000 points on just two nights, so was just wondering if you have had any experience doing this. Thanks.
        Michael

  3. Just to add to my prior comment, I’ll be diamond in a couple of months, but would like to get my wife (non-diamond) this card so that I can use the two free nights at Park Hyatt Tokyo to save the 60,000 points. Would love to at least have the free breakfast on those two nights.

    • My hubby & I have a similar situation, and we inquired about this when calling the Diamond line at one point. The agent specified that we would be able to enjoy lounge access with his diamond status, even if booked with my points, but only I would get credit for the stay.

      • On a points reservations this should not be an issue anymore since the diamond member can simply gift diamond benefits to anyone now with the new Hyatt benefit (guest of honor) but just wondering if you can tag diamond benefits to a spouse reservation not booked on points by simply asking.

        • I do that when we use the annual certificate from my wife’s card. I call the hotel and add my name and number to the reservation and tell them that I may check in first so want to have the information there. They check with my wife and, voila, free breakfast! And the nicest complimentary suite upgrades – I mean really great. But that is entirely hotel dependent.

  4. I have blown through about 41K Hyatt Gold Passport points since Jan. of this year. Are you telling me that if I apply for this card, get approved, and “register” prior to the end of this month – that I can get 20% of my points back RETROACTIVELY? Thanks for any clarification.

    And where exactly would I register for this?
    Thanks.

  5. Can you use the free night certificates at ANY Hyatt. I’m looking to book a few nights in London or Paris – Can I use the certs for those stays?

      • Wow!!!! Do you have any idea how long it takes to get the free certificates once you sign up for the credit card? I so appreciate your help!

        • Amanda, I just got my 2 free night certificate by email today, less than a week after I hit the $1k spending requirement. They’re quite fast!

    • Cogswell, you don’t pay the resort fee on award stays and if you book a shuttle from the airport you don’t pay parking (though you do pay for the shuttle).

  6. IHG, ClubCarlson and Hyatt are the must have hotel credit cards worth paying the annual fee. Thats like 4 nights for about $200 annual fee.

  7. Can you subsequently use Gold Passport points to upgrade a credit card free night (regular room to a suite, for example)?

    • Tom, that is only for paid rates, so no. You could try to negotiate a cash upgrade directly with the hotel.

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