$50 Statement Credit When You Spend $500+ At Hyatt Regency For Hyatt Cardholders – Bad Deal

The Offer

Direct link to offer

• Register for this promotion and book a stay at any Hyatt regency hotels and resorts in the U.S. by December 31st, 2016 for $500 or more and receive a $50 statement credit

The Fine Print

• The offer is only valid for hyatt credit cardmembers in good standing who receive this promotion from hyatt and register for the promotion between 9/26/2016 and 10/31/2016.
• This offer only applies to net purchases made with your hyatt credit card during the promotional period (9/26/16 – 12/31/16) in the amount of $500 or more at a hyatt regency branded property located in the united states, and does not include any purchases made at on-property outlets (e.G. Restaurant, spa, etc.) not owned or operated by hyatt.
• To qualify, purchases must be identified as qualifying hyatt transactions on visa’s proprietary network (visanet).
• The hyatt regency branded property must submit the hotel transactions under the appropriate merchant code for the transaction to be identified as a qualifying hotel transaction.
• Please allow 6 to 8 weeks after qualifying purchases post to your account for statement credit to post to your account.  (“net purchases” are purchases of goods and services made by you or any authorized user on your account minus any returns or refunds, and do not include balance transfers, cash advances, cash-like charges such as travelers checks, foreign currency, and money orders, any checks that access your account, overdraft advances, interest, unauthorized or fraudulent charges, or fees of any kind, including an annual fee, if applicable.) maximum statement credit accumulation during the promotional period is $50 in statement credits.
• Credit card product changes during the promotional period will forfeit this offer.
• To qualify for this offer, account must be open and not in default at the time of fulfillment. This offer is non-transferable.

Our Verdict

This is a maximum discount of 10%, given that you can frequently purchase Hyatt gift cards at a bigger discount than that this isn’t exactly a stellar deal.

Hat tip to Mommy Points