Hyatt has just announced a fantastic promotion. Those with either of Hyatt’s co-branded credit cards, including The World of Hyatt Credit Card, can receive a 10% refund on points redemptions for stays between August 1 and September 30, 2018.
In order to take part in this promotion you need to register by August 31, 2018, 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 August 31, 2018. To be eligible, the entire stay has to be completed by September 30, 2018, 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. I appreciate that Hyatt has that policy.
Eligible redemptions for the purposes of this promotion include award stays, Points + Cash booking, suite upgrades, and dining and spa services. Points redeemed for Avis car rental certificates or points transferred to airline partners are not eligible for this promotion.
This is an excellent promotion, and 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 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. Do remember that the points here come in the form of a refund, so you do need to have all the points for a redemption upfront.
Get 2,500 points back per night when redeeming points at the Park Hyatt Vienna
If you don’t yet have The World of Hyatt Credit Card, this is yet another reason to pick it up. While there’s no guarantee Hyatt will offer this promotion again in the future, they have offered it several times in the past, so it’s likely we’ll see it return again in the future.
Get 2,500 points back per night when redeeming points at the Park Hyatt Maldives
The World of Hyatt Credit Card comes with all kinds of other great perks, including an anniversary free night certificate, a further free night certificate when you spend $15,000 on the card in a cardmember year, five elite qualifying nights towards status annually, a further two elite nights for every $5,000 spent on the card, and much more.
Do you plan on taking advantage of Hyatt’s 10% rebate on award redemptions?