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Hyatt is offering 10% off of gift cards and check certificates with the code GPGIFT15. The code can be applied when purchasing these items directly on their website and expires on November 24.
Gift Checks vs. Gift Cards
While we often see discounts on eBay and elsewhere on Hyatt Gift Cards, those are only able to be used in the U.S., Canada and the Caribbean. Hyatt check certificates are valid worldwide and thus have more widespread uses.
American Express OPEN 5%
In addition to the 10% off, if you use an American Express business card then you will receive a 5% rebate from American Express OPEN. (Note: This benefit is going away on January 1, 2016.)
13.36% Off Face Value
Since there are shipping charges and the 5% discount is calculated on what you actually pay, this doesn’t work out to be a 15% discount. For example, after paying shipping and receiving the 5% OPEN rebate, the cost of a $500 check certificate is $433.20. That represents a 13.36% discount off of face value. The discount percentage will vary depending on what denomination you purchase.
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HT: Travel Codex
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While point of this hobby is to stay for free? 14% off is still too expensive.
It makes sense if you are a Hyatt Diamond and looking for suite upgrade with cash & points, or to pursue/renew Diamond.
@Shawn Coomer - Senior Editor – that seems like a pretty good point raised by JN – any way you can dig a little deeper (or tell us how you plan to approach it) in terms of the Exchange Rate that will get used by the properties. Guess it is simple math really – but would be great to get your thoughts on how/when to ask at the Property and Who to approach with that question, if that made a difference. Thanks.
Looks like the hotel is doing something similar to DCC, bad!
From http://travelsort.com/blog/hyatt-gift-cards-vs-hyatt-check-certificates
What About Foreign Exchange Fees?
For Hyatt Check Certificates used at international Hyatt properties, the hotel will convert the Hyatt Check Certificate into local currency according to the daily exchange rate. Since hotel exchange rates are often rather poor compared to ATMs, I would recommend using the Hyatt Visa or other no foreign transaction fee credit card rather than Hyatt Check Certificates *unless* you got a good deal (bonus points) for purchasing the Hyatt Check Certificates.
Regarding the gift checks, I used one in Hong Kong, and the exchange rate was pretty bad. Has that been your experience, or was my situation specific to the hotel and//or using a points & cash rate?
Any reason not to buy the e gift card and save on shipping??
You could do that. We have seen better overall discounts on gift cards like the recent 20%+ at eBay. For me the real deal here is in the gift checks which can be used at any Hyatt worldwide.
how is it compared to buying the gift card with Chase Hyatt?
When using Hyatt gift cards or certs, allow extra time when checking out. They never seem to have an easy time processing these at the desk. It took 3 agents 30 minutes last stay to get it done.
Do you know how this transaction to buy the gift card will show in my cc statement? Will it be a travel expense? Thanks