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Yesterday I shared some info about a pretty cool promo that Hyatt has released for their Hyatt Visa credit card holders. The promo awards 20% of your redeemed Hyatt Gold Passport points back from 2/17/2015 – 7/31/2015. An initial reading of the terms made it sound like you had to have the Hyatt credit card by 1/31 to qualify, and it was unclear if previously booked stays would count.
Turns out, the promo is generous on both counts. First, previously booked stays do count, so the eligible award nights and points + cash nights you already have in place from yesterday through July 31st don’t need to be re-booked.
Second, and perhaps most important for those who don’t already have the Hyatt card, is that the promotion is also open to new Hyatt Visa cardholders! I was told today by @HyattConcierge that as long as you have the Hyatt credit card and register by the March 31st deadline that you are eligible for the promotion. Not only that, but the promotion will be retroactive to include stays dating back to February 17th as long as you register in by March 31st.
Double thumbs up to Hyatt for not only for launching a great promotion for cardholders, but also for allowing those who don’t yet have the card to get in on the action as long as they act pretty quickly. I am now officially tempted by the Hyatt Visa as I have a few Hyatt award stays between now and July 31, so I would love to get 20% of those points back. I estimate that would likely be between 15,000 – 20,000 points back in my account, which I would value at a couple hundred dollars worth of Hyatt points.
The normal sign-up bonus for the Hyatt Visa is two free nights at any of their properties after spending $1,000 in three months, but in my mind if I got the card now, I would view it as two free nights + 20% of the redeemed points I plan to spend between 2/17 – 7/31/15. Remember an offer that includes a $50 statement credit also often appears on Hyatt.com, so look there while making a reservation. This all may be too tempting of an offer for me to pass up…
Remember also that you can transfer Chase Ultimate Reward points at a 1:1 ratio into Hyatt from cards like the Chase Sapphire Preferred® Card or Ink Plus Business Card to bump up your Gold Passport balance and take full advantage of this promo!
Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.