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Hyatt Key West Resort and SpaEvery Tuesday, we’ll feature the best travel bargain we’ve seen all week right here, on our blog. Be the first to find out which deals make the cut by subscribing to our blog (top right) or signing up for our weekly deals newsletter.

The Deal: Stay at participating Hyatt properties and receive up to $500 in free resort credit. The credit can be used for activities, spa treatments, meals, drinks, you name it. In short, anything that could be charged to your room can be paid for with resort credit. (Exceptions include casino charges, resort fees and hotel taxes, and gratuities.) The longer you stay, the more you can save:

-Get a $100 resort credit with a two-night stay
-Get a $200 resort credit with a three-night stay
-Get a $400 resort credit with a four-night stay
-Get a $500 resort credit with a five-night stay

While Hyatt has hundreds of properties around the world, only 20 resorts are participating in this promotion. But the eligible resorts, we must add, are all located in popular vacation destinations, such as Maui, Aruba, Cancun, Clearwater Beach, Key West, Lake Tahoe and San Diego.

The Catch: You’d better be set on your vacation plans, because nothing about this deal is refundable. To get the free resort credit, you have to submit a full nonrefundable payment at time of booking. And if you don’t use all of your credit during your stay, you won’t be able to receive a refund of any kind for the never-touched bonus bucks.

The Competition: Wyndham Resorts is offering a $100 American Express Reward Card plus free one-night accommodations to guests who stay at participating properties for five nights or longer. In addition, Hotels.com is running a summer “GIFTAWAY” sale featuring discounts on hotel stays plus perks like free Kindle e-readers.

Find these bargains and more money-saving offers in our Hotel Deals.

Editor’s Note: IndependentTraveler.com is a member of the TripAdvisor Media Network, an operating company of Expedia, Inc., which also owns Hotels.com.

— written by Caroline Costello

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