Update: This offer for the IHG® Rewards Club Select Credit Card has expired. Learn more about the current offers here.
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Update: This offer for The Hyatt Credit Card is expired. Learn more about the current offers here.
I consider The Hyatt Credit Card to be one of the all around most compelling hotel credit cards out there. As of now it offers:
- A sign-up bonus of two free nights valid at any Hyatt property in the world after spending $2,000 on purchases within the first three months, plus 5,000 World of Hyatt points after adding an authorized user and having them make their first purchase within that same timeframe
- An annual free night certificate valid at any Category 1-4 property, which alone more than justifies the card’s $75 annual fee, in my opinion
- Hyatt Discoverist status for as long as you have the card
That’s a huge sign-up bonus that can get you two nights at any of Hyatt’s top properties, that sometimes otherwise retail for $1,000+ per night. If you’ve been considering getting this card, I’ve just gotten word that the sign-up bonus on the The Hyatt Credit Card is changing as of June 29, 2017. As of June 29, 2017, the Hyatt Card’s new standard sign-up bonus will be 40,000 World of Hyatt bonus points after spending $2,000 on purchases within the first three months.
Some will prefer the current sign-up bonus of two free nights valid at any property, while others will prefer the flexibility of 40,000 points. As a reminder, here’s the World of Hyatt award chart for free night as well as Points + Cash redemptions:
So, what are the benefits of each of these offers?
The current offer on The Hyatt Credit Card is much better for those who would be able to redeem the two free night certificates at a Hyatt Category 6-7 Hyatt property within a year of when the card was issued. Two nights at a Category 7 property would otherwise retail for 60,000 points, meaning that bonus is 50% better than what the new bonus will be.
Want to stay at the incredible Park Hyatt Sydney? Then sign-up for the Hyatt Card soon!
The new offer is certainly more flexible, since you can use your points whenever you want. If you’re someone who prefers redeeming for Points + Cash awards at lower end properties, the new bonus will get you a lot further.
Keep in mind that The Hyatt Credit Card isn’t subjected to Chase’s 5/24 rule, so you can be approved for this card even if you’ve opened more than five new accounts in the past 24 months. This is one of Chase’s few cards not subjected to the 5/24 rule, along with the IHG® Rewards Club Select Credit Card and British Airways Visa Signature® Card.
The Park Hyatt Maldives is a Category 6 property that would cost 25,000 points per night
If you haven’t yet picked up The Hyatt Credit Card, I’d highly recommend doing so in the next week. The current sign-up bonus is more lucrative for those looking to redeem at Hyatt’s top hotels. Meanwhile if you’re someone who prefers redeeming at Hyatt’s lower category hotels and/or who can’t redeem within a year, you may want to wait for the new sign-up bonus on this card.
Which Hyatt Card bonus do you prefer — two free nights or 40,000 points upon completing minimum spend?