I first read on Mommy Points details of a new offer that Hyatt is offering, where holders of the Chase Hyatt card will (for a limited time only) will get 20% off all redemptions.
Chase Hyatt card promotion details
According to the official promotion page, the way it works is:
STEP 1: Register for this promotion by entering your information to the right before March 31, 2015.
STEP 2: Book a stay with points and complete your stay before July 31, 2015. Keep in mind, free nights start with just 5,000 points at any Category 1 property.2
STEP 3: Get 20% of your points back. Your points will be deposited directly into your Hyatt Gold Passport account 4-6 weeks after your completed stay.
Hotel chains have been known to be testing different loyalty offers (in user surveys), to see what kind of benefits really engage user behavior. I wonder if this promotion is something along those line since the removal of the Hyatt Diamond Challenge. Certainly other airlines and hotel chains have similar rebate offers – holders of the Citi AAdvantage card get a 10% rebate on American Airlines redemptions, and IHG bookings get a 10% rebate if you have the IHG card as well.
How to be eligible if you don’t have the Chase Hyatt card
You do have to have the Chase Hyatt card to be eligible for this offer. Wait, didn’t I just say that you DIDN’T have to have the Chase Hyatt card to take part in this promotion??!?! 🙂
Well you do, but if you don’t have the card, you can sign up for the Chase Hyatt card now (soon) and sign up for the promotion once you’re approved. FrequentMiler confirmed with Hyatt on Twitter that that would work. Note that the official terms and conditions say that you have to be a card holder by 1/31, so it may be something you might have to fight for potentially, though the following official tweet should give you some ammunition if it comes to that
@FrequentMiler It is valid for new Hyatt Credit Card members as well. ^MB
— Hyatt Concierge (@HyattConcierge) February 18, 2015
Getting the best Chase Hyatt card offer
There is a public link for the Chase Hyatt card where you get 2 free nights at any Hyatt that is Category 1-4 after spending $1,000 in the first 3 months. There is a $75 annual fee, but it’s waived the first year. There is a way that you can get the same offer but ALSO get a $50 statement credit after your first purchase.
Go out to Hyatt.com and make a booking. When you get to the screen where you put in your booking information, right near the part where you are putting in your credit card information, you should see the following ad
Clicking on that page takes you to the following page, where you can see the bonus details for the card 
(emphasis mine)
Miles to Memories has more information on getting that Chase Hyatt card offer along with his review of the Chase Hyatt card.
Initially, there were some reports that this Chase Hyatt card promotion may be a targeted offer, but we have now learned that it is open to all cardholders that register by 3/31.
Do you have the Chase Hyatt card? How many points do you think you’ll get back in rebates?
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Dan Miller travels with his wife and 6 (SIX!) children. He loves to help families travel for free / cheap, especially larger families. If you are looking for help, drop him an email at 
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