Ahhh. Thanks for the answer, especially since it was the one I hoped for.

Now, are gift, stay and "Hyatt Incentive Rewards" certificates all the same animal? If not, what is the difference? I must sound like some of the people who drive me nuts in FT (both because I'm on a "nits on an gnat's..." level, and if I haven't noticed the answer elsewhere).

Anyway, with Deutchebank's and Commerzbank's awful prediction re the dollar/euro, sure-thing investments like this don't come along often. The next five weeks are crucial.