Originally Posted by
josephstern
I'd say the third-party once are significantly more risky - especially now.
If some joker buys a Hyatt GC at OfficeDepot and then sells it to CardCash or one of the many retailers, but holds onto the number, then there's someone else who has that specific info.
Sure, this might seem like a consistent risk with any gift card, but add in that Hyatt is now known for making these bad GC holders whole. So there's potentially less risk to the original buyer and to CardCash since Hyatt may just pick up the cost. If Hyatt eats it, there's no pushback to the reseller and the original buyer.
Scammers recognize this and buy more Hyatt GCs to offload.
Interesting. So, the risk is a bit overstated in practice. I'm very tempted to purchase one or two $500 Hyatt GCs (50K MR points each). I see there are two delivery options: an eGift card or a Gift card--wonder if one would be more risk prone than the other. However, not sure I'm going to worry at all about this.
The Hyatt $500 GCs being offered from Amex using 50K MR reward points seems a lot more favorable than other Hotel GC Amex MR redemptions, e.g. a $500 Marriott GC costs 71,429 MR points. A Hilton $500 GC is 53,572 MR points, etc.