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Hyatt Gift Card Discounts eBay Caution
A reader emailed me to let me know that several sellers have great deals on Hyatt gift cards on eBay. Specifically this reader said:
Hey I don’t know if you’ve noticed but there are some very cheap Hyatt gift cards on Ebay right now. I have a seller willing to sell me via credit card directly $1000 for $650. I’m guessing my credit card would cover me for this, but have you heard of any scams involving Hyatt/Ebay? I’d be using these within the next two weeks, but I guess I’m concerned about them coming back on me later.
Whenever a seller lists an item on a marketplace such as eBay and Amazon and then asks you to circumvent that marketplace it should be a HUGE red flag. Yes, they can save seller fees, but they are also asking you to give up buyer protections that those marketplaces provide. Also, if they are processing your credit card directly, how do you know it is safe? No go for me.
If It Sounds Too Good To Be True…
It is true that you could perhaps save a bit more by going this route, but it is too risky in my opinion. I doubt Hyatt or the hotel would go after you if the card turns up bad later and you can prove you were scammed, but there are potentially so many hassles and headaches. As with purchasing any gift card, only get it from trusted sources and make sure your protections are in place.
Sure, the credit card might protect you, but imagine the hassle you will have to go through if the Hyatt card turns out to be a fake and if somehow this person steals your credit card info to make other fraudulent purchases. Maybe in the end you won’t be on the hook, but the hassle and headache isn’t worth saving a few extra dollars.
Discounts Elsewhere, But Still Fraud
I have covered in detail many deals over the past couple of years where it was possible to save over 20% off Hyatt gift cards from authorized retailers. I strategically buy during those deals and stockpile to use later. That has worked for me and overall is a better move in my opinion, but then again it isn’t free from fraud either.
Frequent Miler had cards stolen which were purchased directly from Hyatt. My way of thinking is that at least if you buy from Hyatt or an authorized distributor, you are more likely to get your money back, but it is still a mine field. A sad mine field.
In my opinion Hyatt needs to clean up their gift card operation to eliminate fraud. In the mean time, I suggest to you my readers, that you should probably stay away from great deals where the seller asks you to circumvent your own protections. It just doesn’t seem right. If you do buy on eBay, make sure to maximize portals and eBay Bucks to save more.
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.