If ya’ll are not yet aware, Platinum & Diamond members received 20% off reservations at select locations until Dec 31, 2014. All you have to do is log in to see the “My Elite Rate” tab and make a reservation.
Well here is how I am getting an additional 17% off my stays. The tools I’m using are Milepoint Premium and my American Express Simply Cash business.card.
Milepoint Premium (currently sold out) lets me purchase giftcards up to $5,000 for the year at a 10% discount. Note that the giftcards are only valid in the US.
Because I have the Amex Simply Cash business.card which is automatically enrolled in the Open Savings Benefit, I get 5% off Hyatt purchases. I wasn’t sure if these gift cards would give me the statement credit but I can confirm that it does.
Well I selected the hotel option and according to the agent I spoke with, this is stackable with the Open Savings Benefit. My monthly statement has not closed yet so I can’t officially state if it will give me cash back for this but I’m positive it will.
So if I were to maximize my 5k purchase of Hyatt GCs, I would save $500 from Milepoint, $225 from Open Savings, & $135 from the category bonus. The total of $860 gives me an effective savings of 17%. That is pretty good savings on Hyatt stays!
Also don’t forget to go through a shopping portal before making a Hyatt booking such as TopCashBack which currently gives you 3% cash back or Ebates which currently gives you 1.5% cash back.