UPDATE ON HYATT OFFERS:
Hyatt Corporate reached out to me to clarify what is and is not available with this product. Here is what they said:
Hyatt is not currently offering any points promotions to those who sign up for the Hyatt Credit Card and has not offered such a promotion for a few years.
The only Hyatt Credit Card offers currently available are:
- 2 free nights at Hyatt properties worldwide in any category after you spend $1,000 in purchases in the first 3 months after account opening, which is available to travelers who open an account
- 20% of your Hyatt Gold Passport points back after you redeem, which is available to all current Hyatt Credit Card members who register by March 31, 2015
As you know, current Hyatt Credit Card members also receive 1 free night every year after their cardmember anniversary to be used at any category 1-4 Hyatt property as an annual benefit of Hyatt Credit Card membership. Separately, for further clarification, Hyatt has not issued any recent targeted promotions to Hyatt Credit Card members.
I am sorry for any confusion the different reports may have caused. At the very least, I think the response would indicate that many would welcome such an offer in the future! 🙂
James at The Forward Cabin wrote about his experience when activating his new Hyatt card and how the rep had mentioned the offer with his card was 50,000 points after $2,000 in spending. He had signed up under the best public offer of 2 free nights and a $50 statement credit (with the annual fee waived) and made sure that was what he would receive.
50,000 Point Hyatt Credit Card Offer?
This is actually the second time I have heard about such a Hyatt offer. Recently, someone told me that they had received a targeted offer in their mail for a Hyatt card with a 50,000 point offer. This has been something that I had talked about over a year ago as a potential offer and actually would not mind seeing. While there are many people that get this amazing card for its strong offer of 2 free nights with plans to use them at one of the few category 7 hotels (which require 30,000 points per night), a Hyatt card offer that gave points instead would present a lot of positives – especially right now.
Multiple Free Nights
With Hyatt free nights starting at 5,000 points, a 50,000 point offer would give up to 10 free nights at Hyatt hotels instead of only getting 2 nights at any Hyatt. It would give 5 nights at category 2 hotels (which category even includes some Park Hyatt hotels) and 4 nights at category 3s. It would level out at the category 6 hotels – they cost 25,000 points per night so a 50,000 point offer would give you 2 free nights at a category 6, but not a category 7.
Sign-Up Offer Would Help With Elite Stays and Promo Stays
Unlike SPG, award stays at Hyatt hotels do not count for elite stay purposes or promos. If you were to receive an offer for 50,000 points, you could use those in a Points+Cash configuration that does work for elite status and promo stays. If use to stay at category 2 hotels, 50,000 points would give you the point component of 12 nights – or only 13 shy of the stays required for Hyatt Diamond status. It is even better if used at category 1 hotels – that point requirement for the Points+Cash stays is only 2,500 points. That means you could have the point component of 20 nights with a 50,000 point sign-up offer!
A 50,000 Point Offer Use For Stays Now Would Actually Give The Value Of 60,000 Points
Right now, Hyatt is running a promo that Hyatt credit card holders can receive a 20% rebate on the points used for award stays and Points+Cash stays. That means, if you were to receive the 50,000 point offer and used those points for stays during this promo, you would receive a 10,000 point rebate that would make it almost like a 60,000 point offer.
Nights Would Be Eligible For Suite Upgrades
If you used the sign-up points for Points+Cash stays, you would be able to apply Diamond Suite Upgrade certificates to your rooms further increasing the points’ value for your stay and a sign-up bonus!
Points Do Not Expire
The current offer of 2 free nights has the 2 free nights expiring within 1 year from the date of issuance. In contrast, the points do not expire and can be used for some time to come. That, again, increases their flexibility and usage.
If you really want the two free nights for use at category 7 hotels, by all means apply for the current offer. However, a 50,000 point offer could present a lot of options for many people. I had heard before that it was something that had been tossed around as an offer and this is now the second such offer I have heard of. There is no such offer – reports that I had received were inaccurate/mistaken. The 2 free nights is the only offer with this card.