[GONE] Costco selling Hyatt Check Certificates (Not Applicable to Pre-paid Rates)
Nov 28, 2011, 12:45 pm
#1876
Join Date: Sep 2002
Posts: 1,743
If you kept a record of the serial numbers, I would think that you should be able to get replacements from the Hyatt Fulfillment Center.
Nov 28, 2011, 1:06 pm
#1877
FlyerTalk Evangelist
Join Date: Sep 1999
Location: New York, NY, USA
Posts: 12,483
From Hyatt T&C:
.... The Hyatt Check Certificate is not replaceable if lost, destroyed or stolen......
Nov 28, 2011, 9:05 pm
#1878
Join Date: Jul 2005
Location: Saigon/Hanoi/San Francisco
Posts: 1,779
A member of my family lost $350 worth of the certs. It was misplaced and never found.
Nov 28, 2011, 9:50 pm
#1879
FlyerTalk Evangelist
Join Date: Sep 2003
Location: HH Diamond, Marriott Gold, IHG Gold, Hyatt something
Posts: 33,544
If you lose cash, do you expect the US Treasury to replace it? I think not.
You saved at least 10% on these. I'd guess Hyatt gave up 20-25% of the face value, so I'm sure breakage was built into it.
I had hundreds of these and lost exactly 0 of them.
You saved at least 10% on these. I'd guess Hyatt gave up 20-25% of the face value, so I'm sure breakage was built into it.
I had hundreds of these and lost exactly 0 of them.
Nov 28, 2011, 10:01 pm
#1880
Join Date: Aug 2001
Location: Southern California/Los Angeles
Programs: Various
Posts: 2,778
As a follow up....I didn't intend for my post to draw any sympathy for my error. I was mostly stating that it works (well) to the advantage of the company that sells certificates for whatever the percentage of lost/misplaced/never used gift certificates and cards are. I don't expect them to be replaced...I lost them, so it's my loss.
Not sure if 'breakage' is the right word, as I believe that refers to spoiled, broken, or stolen merchandise; which is NOT to the benefit of the company. A lost/misplaced/never used gift certificate certainly IS to the benefit of the company.
Not sure if 'breakage' is the right word, as I believe that refers to spoiled, broken, or stolen merchandise; which is NOT to the benefit of the company. A lost/misplaced/never used gift certificate certainly IS to the benefit of the company.
Nov 28, 2011, 10:29 pm
#1881
FlyerTalk Evangelist
Join Date: Sep 1999
Location: New York, NY, USA
Posts: 12,483
For example:
GIFT CARD BREAKAGE
The apparently material percentage of gift card value that goes unused creates additional accounting complications.
The apparently material percentage of gift card value that goes unused creates additional accounting complications.
Income derived from unused giftcards are usually listed under Breakage Income.
Sep 21, 2012, 11:45 am
#1883
Join Date: Jan 2002
Location: DTW
Programs: Platinum: Delta, Starwood, Priority Club. Hyatt-Diamond, TA
Posts: 939
BUMP!
Any news if Costco will return the certs?
Any news if Costco will return the certs?
Sep 21, 2012, 12:26 pm
#1884
FlyerTalk Evangelist, Ambassador: World of Hyatt
Join Date: Jul 2001
Location: NJ
Programs: Hyatt Globalist, Fairmont Lifetime Plat, UA Silver, dirt elsewhere
Posts: 46,919
Hyatt had said it was a marketing promotion that they had not decided to return.
I suspect it won't come back. They did it when they were about to go public.
I suspect it won't come back. They did it when they were about to go public.
Sep 21, 2012, 12:59 pm
#1885
Join Date: May 2006
Location: BOS and ...
Programs: UA 2MM, AA 600k, DL 500k, Hyatt GP 1M, HH Gold, Rad. Gold, CP Gold, Miracle Fruit-su Club
Posts: 9,950
Or if you meant this another way - Costco says they will accept returns on everything that they've sold. But if you're thinking of doing that there are probably many here who would be glad to meet you over in the Coupon Connection forum.
Sep 21, 2012, 1:14 pm
#1886
Moderator: GLBT Travelers & Hyatt Gold Passport
Join Date: Jan 2000
Location: CVG
Posts: 15,300
I'll lock this thread. Should the Hyatt certs return to Costco in the future (with a discount), feel free to start a new thread on the subject.
peteropny - co-mod - Hyatt
peteropny - co-mod - Hyatt