One of my favourite things in the Hobby™ is stacking promotions. In this case, I pieced together several promotions going on all at once to get a humongous discount on a Hyatt Gift Card. How? By leveraging two gift card promotions, triple dipping with rebate programs and cashback, and utilizing a category bonus. Let’s read on.
Note: This is a pure thought experiment, as I haven’t actually gone this route to purchase Hyatt Gift Cards. Keep in mind that these numbers may have changed between the time this post was written and when it was published.
2x Gift Card Promos
As you know, Hyatt often sells gift cards at a discount, usually at 10% during the holiday season. More recently, they’ve started selling Hyatt Gift Cards online at a 12.5% discount. Hyatt on Flyertalk has said it’s an official channel, so there’s no need to worry.
Via FrequentMiler, eBay is selling eBay e-gift cards at 5% off. You are limited to one per account ID, but I’m assuming you can get multiple from friends, family, and household pets.
Triple Dipping and Category Bonuses
- Chase Ink 5X
If you have any American friends with Chase Ink, you can earn 5x points on the initial eBay Gift Card purchases. There have been mixed reports online, but Doctor of Credit reports that you can still earn 5 UR points/$ if the cards are sold by Paypal Digital. They are in this purchase. At an extremely low 1.25 cpm value, thats an additional 6.25% percent rebate. I’d value Ultimate Rewards at much higher and closer to 1.6 to 1.7 cents per mile, but 1.25 cents is the base cash value.
When making both purchases, you can also go through a Cashback portal to get an additional rebate on your purchase. The rate has been up to 1.5% in the past, but right now, the cashback rate is 1.2%.
Double dipping on the Hyatt and eBay gift cards result in a 2.4% discount.
Finally, when purchasing products online, signing up for eBay bucks gets you an additional 2% off your purchase. eBay gift cards are not qualifying, but third party gift cards (such as Hyatt are).
With all the above offers, you end up getting Hyatt Gift Cards for 26% off! It works out to a 9.7% rebate and a 16.9% discount, as seen below. This is how much you would pay if you started with a face value of $100.
Unfortunately, the actual processing of leveraging all these promotions would be a little tricky. You’re also expending a lot more effort just to get the last bit of discount, as you’re normally can get gift cards at 14.5% off.
However, I would say this is very much the mindset of someone who’s very immersed in miles and points!