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Old Aug 18, 2017 | 8:08 am
  #6  
MarkOK
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5 Years on Site
 
Join Date: Aug 2017
Location: Stilllwater OK (SWO)
Programs: AAdvantage Plat Pro, World of Hyatt Globalist, plain "member" of Marriott, IHG, enterprise, etc.
Posts: 2,000
I don't have any problems or qualms about credit card holds from Hyatt. These are holds - not charges -- you don't get CHARGED three times, you get charged just once when you check out. And with other cards (including Chase cards) where I have had balances close to the credit limit in the past (I like to take full advantage of 0% intro interest rates from time to time), I found that those cards always would allow for holds of well over my remaining credit limit and my card would get rejected if my balance was actually over the credit limit (well, when I tried this, most of my cards didn't reject until I was at least a few grand over the 'credit limit', they would just up my minimum payment the few grand). Anyways, the holds and credit limits didn't matter, but then again, I do have great credit (though not always excellent -- Fico penalizes my score when I carry large balances close to the limit!).

I found any other hotel worth a stay places holds as well. And I have often bought more bar drinks and room service than the hold that Hyatt places. So, I feel like the standard practice is justifiable.

Do you complain that gas stations hold $100 too? My Prius fills up for 20 bucks, but I get a hold for 5 times that amount every time I fill up.

The only holds I have found egregious in life are what some landlords charge tenents (i.e. last month rent and a few thousand) because, back when I moved and rented often in my younger years, I found that those landlords that did that did so with the explicit purpose of having the upper hand at the end of the lease. If you don't agree that you caused $X,XXX in damages, it the onus became on you, the renter, to sue them. I once left a place I rented for a year in Hawaii impeccable and the landlord decided to try to use my thousands in deposit money in made up damages. I did my due diligence and I have disposable income, so I was able to send a letter from a law firm and pictures which forced her to concede, but how many thousands has that woman reaped from others with lesser means? The holds Hyatt places is a laughable non-transgression in comparison.
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