/profile/#/redeemCape is not functional

When attempting to redeem a cape code from Minecon 2016, it appears the service is not functional. I have attempted to redeem three different codes on three separate accounts and have not been successful in any attempt.

When navigating to one of the the provided URLs (https://minecraft.net/profile/#/redeemCape/CODE), the browser is redirected to https://my.minecraft.net/en-us/profile/#/redeemCape/CODE and the standard profile page loads with the "Profile" tab selected on the left navigation menu. There is no confirmation or error message provided, but when switching to the "Skin" tab, where the cape selector should now be present, no cape selection is available.

Since I have attempted this process with multiple codes I received from attending Minecon and using multiple Minecraft accounts, I have determined this is likely an issue with the redemption service and not the individual codes or accounts.