Hyatt has announced a new promotion in which you can use promo code GPGIFT14 to save 10% on the purchase of physical Hyatt gift cards. The only requirement to use the promotion code is to be a member of Hyatt’s rewards program, Gold Passport, which is free to join (click here to signup if you haven’t already).

Use Promo Code GPGIFT14

Here are the quick and easy ways to maximize this deal:

• First off, please be aware of which hotels accept Hyatt gift cards for payment. Almost all Hyatt Hotels in the USA, Canada and the Caribbean accept them but certainly not all of them. Please check the full list of participating properties here and only purchase the gift card if you plan on visiting one of these resorts. I will be returning to the Andaz Maui in April next year (which is noted as a participating property) so this promotion helps me save 10% on all my incidental costs (meals, drinks, activities). Do not buy these gift cards for Hyatts located abroad – they won’t work!
• There is a $6 dollar shipping fee per order and each order is capped at $10,000. I doubt this will be an issue for anyone but try to just make one order to save on multiple $6 shipping fees.
• Gift cards never expire. I would purchase these gift cards now based on your expected spending on future Hyatt stays in the next year or so to save 10%.In the event your plans change, there is only minimal risk as these gift cards do not expire so you can always use them in the future on a Hyatt stay or dinner at a Hyatt restaurant (see next bullet point)
• You do not have to be a guest at the hotel to redeem gift cards. I interpret this as a way to eat at a Hyatt restaurant and you should be able to pay with a Hyatt gift card to save 10% on your meal. Anyone down for 10% off dinner at Morimoto Maui at the Andaz Maui or Wall & Water in NYC?

I noted in the title you can save over 10% on this promotion, which is true if you have an American Express Business Card that is affiliated with OPEN savings program. Hyatt is a member of the OPEN savings and if you pay for Hyatt stays with an eligible Amex Business card (Amex Business Platinum, Business Gold and Business Starwood), you can save an extra 5% off!

Now it is listed that only certain brands of Hyatt hotels qualify for this additional 5% off – it excludes the lower end Hyatt House, Hyatt Place and Hyatt Residences but Hyatt has confirmed on Flyertalk that buying physical gifts will trigger the 5% additional discount via the Amex OPEN Program! This is a great workaround to get the Amex OPEN 5% discount at non-participating hotels that don’t work with Amex OPEN. Stacking that 5% discount with the 10% discount leads to a 15% discount on Hyatt hotels in the US, Canada and the Caribbean!

I certainly plan on buying a sizeable balance of Hyatt Gift cards to take almost 15% off my stay at the Andaz Maui next year. I am staying on a Points & Cash reward so my co-pay is $150 a night but with this promotion, is reduced to essentially $127.50 plus I’ll get 10% off every time I eat, drink or buy anything at the Andaz. That’s pretty hard to beat!