By Adam Jusko, ProudMoney.com, firstname.lastname@example.org
Hyatt has launched a new World of Hyatt Visa credit card in partnership with Chase, featuring an upgrade in benefits but also a slightly higher annual fee than in the past. It’s a strong card offering, especially if Hyatt is a hotel that fits into your regular travel plans.
The World of Hyatt credit card has a $95 annual fee. In terms of reward points, you get:
- 4 points per dollar on Hyatt purchases (This is on top of the 5 points per dollar on Hyatt purchases through the base World of Hyatt program, so a total of 9 points per dollar when using the card at Hyatt.)
- 2 points per dollar on restaurants
- 2 points per dollar on airfare purchased directly from airlines
- 2 points per dollar on fitness club / gym memberships
- 2 points per dollar on transit — taxis, buses, trains, tolls, parking, ride sharing (Uber, Lyft, etc.)
- 1 point per dollar everywhere else
You can earn up to 60,000 bonus points as a new cardholder (good for 2-12 free Hyatt nights depending on hotel category):
- 40,000 bonus points if you spend at least $3000 within 3 months with the card
- 20,000 additional bonus points if you’ve spent at least $6000 after 6 months of having the card
You get one free night at a Category 1-4 Hyatt property each year on your card anniversary. You can also earn a second free night if you’ve spent at least $15,000 with the card in that prior year.
Being a cardholder gives you automatic Discoverist status in the World of Hyatt rewards program. This includes modest perks like one free water each day, premium Internet, possible upgrades or late checkout depending on availability, etc.
If you want to move up further in status, the World of Hyatt credit card can help. You’ll get:
- 5 qualifying nights per year
- 2 additional qualifying nights with each $5000 charged to the card
Discoverist status would generally require 10 qualifying nights, and the next level — Explorist — requires 30, so you can earn your way to that next level at least partly with your card, though for most people you’ll have to also have some stays at a Hyatt hotel to get there.
- No foreign transaction fees on purchases outside of the United States
- Points don’t expire as long as card is open
Current Hyatt Cardholders Can Upgrade
If you already hold the prior Hyatt credit card, you can upgrade to the new card. Details are vague about this, but Hyatt and Chase do say that you can earn an extra 2000 points “for a limited time” if you upgrade sooner rather than later. Considering the prior card had a $75 annual fee, the extra $20 to get the new card seems worth it with the extra points and perks available.
If you are someone that tends to apply for numerous cards to earn signup bonuses, you may be wondering whether the World of Hyatt credit card falls under the unspoken Chase 5/24 Rule, which says you can’t have obtained more than 5 new credit cards within the prior 24 months if you want to be accepted for a new Chase card. Because the rule is unconfirmed (but definitely seems to exist), there’s no guarantee here, but it seems the previous Hyatt credit card did not count toward your 5/24, so we are assuming this one does not, either. But, again, that is an assumption, not hard facts.
The World of Hyatt credit card is a strong rewards card for those who have a reason to visit Hyatt hotels as part of their regular travel plans. Because Hyatt is not as large of a chain as some of the dominant players (but still has over 700 properties), you may or may not have Hyatt options in places you regularly go (or places you plan to go). You’ll want to think about how you can use all those points and free nights you might earn before jumping in, but if you’re already on board with Hyatt, this card makes good sense.