(Existing or new World of Hyatt or the Hyatt Credit cardholders: Register for
Chase has launched a new
- Up to total 50,000 points – 25,000 points after you spend $3,000 on purchases in the first 3 months from account opening. Additional 25,000 bonus points after you spend a total of $6,000 on purchases within the first 6 months of account opening.
- Receive 1 free night every year after your cardmember anniversary at any Category 1-4 Hyatt hotel or resort.
- Earn an extra free night at any Category 1-4 Hyatt hotel or resort if you spend $15,000 during your cardmember anniversary year.
- Get automatic World of Hyatt Discoverist status for as long as your account is open and 5 qualifying night credits toward your next tier status every year.
- Earn 2 qualifying night credits towards your next tier status every time you spend $5,000 on your card.
- $95 annual fee.
If you’ve gotten a bonus from any Hyatt Card within the last 2 years, please note the following:
The product is not available to either (i) current Cardmembers of any Hyatt Credit Card, or (ii) previous Cardmembers of any Hyatt Credit Card who received a new Cardmember bonus within the last 24 months.
If you have the old Chase Hyatt card, you can call them up and ask for upgrade options.
The 5/24 rule applies to this card. On many Chase cards, there is an unofficial rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards from any issuer on your credit report within the past 2 years (aka the 5/24 rule). This rule is designed to discourage folks that apply for high numbers of sign-up bonuses. This is applied on a per-person basis, so in our household one applies to Chase while the other applies at other card issuers. The 5/24 rule is now believed to apply to this card.
What can you get with 50,000 Hyatt points? Here are all the
After the recent Marriott/Starwood merger, I believe that Hyatt points are now the most valuable hotel points on a per-point basis. In general, I would rather convert my Chase Ultimate Rewards points into Hyatt points than any other hotel program.
Below is their points award chart, and here is their
For example, 50,000 points can get you two free nights at the Category 6 properties like the Hyatt Regency Maui or Grand Hyatt Kauai (25,000 pts/night). You also avoid the resort fees of up to $45 per night with an award redemption. Alternatively, 50,000 points would get you 4 nights at a Category 3 like the Hyatt Regency Grand Cypress in Orlando (12,000 pts/night) with some points left over. Finally, you could get 10 nights at 5,000 points per Category 1 night like the Hyatt Place Austin/Round Rock.
If you compare with the cash cost of these hotels, the number varies you are nearly always getting between 1 cent and 2 cents per point value, sometimes more. We are staying at the Grand Hyatt Kauai this summer on Hyatt points from this card, where the cash value is $701 per night when you include all taxes and the $35/night resort fee. That works out to 2.8 cents per Hyatt point.
Annual fee and free anniversary night. This card does have a $95 annual fee, but in exchange you get a Free Night Certificate good at any Category 1-4 hotel or resort. I can easily get $95 of value out of this certificate, so this card is a keeper card for me. Your travel situation may be different.
You can also earn an additional free night at any Category 1-4 Hyatt hotel if you spend $15,000 during your cardmember anniversary year. I had to spend $6,000 to reach the sign-up bonus the first year, so I went ahead and reached this hurdle to reach a total of 2 free Cat 1-4 nights + 50,000 points after the first year. I probably won’t go for it in future years, though.
Hyatt points expire after 24 months of inactivity, but earning points via this credit card counts as activity. Chase Ultimate Rewards points also convert to Hyatt points and the transfer counts as activity.
Ongoing rewards structure. I might book my Hyatt nights on this card, but the rest of the rewards aren’t terribly exciting to me.
- 9 points total per $1 spent at Hyatt – 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 you can earn as a World of Hyatt member.
- 2 points per $1 spent at restaurants, on airlines tickets purchased directly from the airlines, on local transit and commuting and on fitness club and gym memberships.
- 1 point per $1 spent on all other card purchasesoffer details reference link*
The free Discoverist status from this card gets you a free bottle of water daily, a free upgrade to premium WiFi internet, dedicated check-in area, and a 2pm late checkout upon request at participating locations. You are also eligible for a minor room upgrade within your type booked.
Bottom line. The
I will receive a commission for this card if you sign-up via my link. I have added this offer to my ongoing list of
“The editorial content here is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone. This email may contain links through which we are compensated when you click on or are approved for offers.”
Copyright © 2018 MyMoneyBlog.com. All Rights Reserved. Do not re-syndicate without permission.