I talked to II a couple of months ago. I have three II exchanges with Hyatt points, two which I intend to use in May and one for next Jan that has Eplus on it because I might retrade it. I was considering a deed back for an EOY unit that has no MF due until Jan 2026- so plenty of time to use the exchanges, make my retrade, and do the deedback later, but of course there was no guarantee the deedback would be available in the future. I was asking II how it worked once I did the deedback. I also had another complicated transaction to execute, which the II rep helped with flawlessly and seemed quite knowledgeable, so he had my trust.
This rep told me that after the deedback, my II account would stay open a year, which I doubted because Hyatt advised that I didn’t have to pay club fees this years and my understanding was that the II membership was paid out of club fees. He said it didn’t matter anyway, because once my Hyatt account was closed, they could just move my exchanges to my personal II account that I pay out of pocket. I just needed to call back around the time the deed back was closing and get them moved. I doubted that too, but he assured me this is SOP.
So I proceeded with the deed back, Fed Exed my closing documents last week, and called II over the weekend to move my exchanges to my personal II account. Um, no we don’t do that. Um, of course your Hyatt account will be closed immediately. Youre lucky we even let you use your exchanges once your account is closed, we used to just cancel them. No you wont be able to use your last retrade. No we won’t refund your EPlus. How else can we help you today?
Zero concern I’d been told completely erroneous information. My assumption based on the lack of concern is that the rep and the supervisor both assumed I was lying about what I was told or too stupid to have understood it correctly.
It really is outrageously poor customer service. There might be nothing you can do but being unconcerned that customers make significant decisions based on erroneous info given by II reps- it’s crazy and insulting. When I pointed out that it felt like my only recourse was to move away from II trading and close that personal account, the supervisor sort of murmured agreement. I’ve done a lot of II trading in my day, but I absolutely get the vibe that II places no value on a long standing customer relationship.
Ok, then…
My sense with the HVC changes is that Hyatt does not value the old customers- you are either someone who will buy their ridiculously awful points system or you’re not. If you’re not, they’d rather see you gone, and will change the paradigm to screw you until you give up and leave. Likewise, I think II basically does not care- if you are cool with passively accepting the consequences of misinformation from their reps and them taking no responsibility for it, they’d love you to stick around. Otherwise, it’s ok with them if you go.