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Yesterday we learned that IHG® Rewards Club Select Credit Card members receive a 15% discount on the cash portion of Points & Cash stays this summer. Now Hyatt has come out with a similarly targeted offer for The Hyatt Credit Card cardmembers, extending a rebate of 10% of redeemed Hyatt Gold Passport points back. In other words, if you have The Hyatt Credit Card and redeem, for example, a total of 20,000 Hyatt points during the promotional period, you will receive a rebate of 2,000 points.
While Hyatt has offered similar promotions, what is particularly enticing about this one is that it is valid for stays paid wholly with points or for Points + Cash stays.
To be eligible for a 10% rebate of your redeemed Hyatt points back, you need to register for this promotion by August 31, 2016.
The promotion period covers stays completed by October 31, 2016. Expect to see the corresponding 10% of your redeemed points back in your account 6-8 weeks after the stay. There is no limit to the number of points you can earn back through this promotion.
While getting 10% of points back might not seem like a lot, it can certainly add up. For example, on a four-night award stay at a Hyatt Category 4 property, which would normally require a total of 60,000 points (15,000 points per night), you would receive a rebate of 6,000 points, which is more than enough for an award stay at a Hyatt Category 1 property or for the points portion of a Points + Cash night at a Category 3 property (6,000 points + $75).
If you have booked a Hyatt award or Points + Cash stay already for dates that fall under the promotional period, you do not need to re-book your stay but make sure to register for the promotion before the completion of your stay to avoid potentially having to get Hyatt to credit your points back manually.
For reference, here are the Free Nights and Points + Cash award charts for Hyatt Gold Passports:
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