Published on December 1st, 2014 | by Chuck20
Amex Offer: $50 Off $150 at Hyatt Place, Should Work on Gift Cards, $27 Money-maker
- Spend $150 at Hyatt Place hotels and receive $50 statement credit.
This offer is only available via the online log-in, no Twitter. I believe this is available in all Amex log-ins. All of my cards, across a few different log-ins, have the offer.
Note: This offer is only valid at Hyatt Place locations, not ordinary Hyatt locations.
I contacted a few Hyatt Place locations, and most said that you can purchase Hyatt gift cards at the front desk. They confirmed that the gift cards can be used at all Hyatt locations. One location told me that they don’t sell gift cards, but I suspect she simply didn’t know.
Based on previous experiences in similar situations, it’s fair to guess that Hyatt gift card purchases will trigger the credit. Obviously, this is not guaranteed; so far, I haven’t come across any confirmations from someone who tried it. [UPDATE: This is now confirmed.]
Assuming this works, this is an amazing opportunity to get a 33% discount on all Hyatt stays. I checked out the Hyatt Place Locator, and found a nice amount of Hyatt Place locations, making this an offer that should be able to be used by many of us.
This would also be a great money-making opportunity, since Hyatt gift cards can be resold for around 85% of their value, or more. We can purchase $150 Hyatt gift card for $100, and then resell it for at least $127.50. Total profit of more than $27 per registered Amex card!
The Fine Print
- Valid until 2/28/2015.
- Excludes gift card purchases. (As noted, we doubt that this is actually true.)
- Only valid at Hyatt Place locations, not ordinary Hyatt locations.
I hope to make use of this offer as a money-maker. I don’t have any Hyatt Place locations in my immediate vicinity, but there were a good few locations that I think I’ll pass by within the next few months.
I’ll first buy one $150 gift card and see if I get the confirmation email. If it comes, then I’ll go ahead and purchase gift cards on the rest of my Amex cards.