- An anniversary free night certificate on your account anniversary every year, and another anniversary free night certificate when you spend $15,000 on the card in an account year
- Five elite qualifying nights annually just for having the card, and an additional two elite qualifying nights for every $5,000 spent on the card
Those are the highlights of the card, though there are some other benefits as well.
One of the things that’s most interesting about The World of Hyatt Credit Card is that you can now earn top tier status exclusively through credit card spend.
How much do you need to spend to earn Globalist status?
Hyatt Globalist status ordinarily requires 60 elite qualifying nights in a year to earn, or if you’re requalifying (meaning you already have the status), it only requires 55 elite qualifying nights.
In both cases you’d receive five elite qualifying nights just for having the card, meaning that from scratch you’d need to spend:
- $140,000 to earn Globalist status, assuming you don’t have the status already ($140,000 of spend gets you 56 elite qualifying nights, plus the five you get just for having the card)
- $125,000 for requalifying for Globalist status ($125,000 of spend gets you 50 elite qualifying nights, plus the five you get just for having the card)
Let me of course acknowledge that for many people, spending six figures on a credit card annually isn’t possible. Obviously this isn’t for those people. However, I know a lot of readers have jobs where they can generate a lot of credit card spend through reimbursable expenses, and sometimes those people spend six or seven figures per year on credit cards.
This analysis is targeted more at those people.
Is spending your way to Globalist status worth it?
When I first heard about the new card I thought to myself that spending your way to Globalist status probably wasn’t a good deal, purely in terms of opportunity cost.
For example, if you have the Chase Sapphire Reserve® Card and Chase Freedom Unlimited®, you could be earning 1.5x Ultimate Rewards points per dollar spent on base spend (it’s my favorite credit card duo). Meanwhile The World of Hyatt Credit Card offers one World of Hyatt point per dollar on base spend, so you’re potentially giving up 62,500-70,000 Ultimate Rewards points for that spend, which is quite an opportunity cost.
But the more I thought about it, the more I thought it really could make sense, because think of all the perks you’d rack up as you complete that spend and start earning elite status. Every year you’d earn:
- A Category 1-4 free night certificate just for having the card
- A Category 1-4 free night certificate for spending $15,000 on the card
- A Category 1-4 free night certificate for earning Explorist status, which you’d get for spending $65,000 on the card
- A Category 1-7 free night certificate for earning Globalist status
- Four Globalist Suite Upgrades when you earn Globalist status, each of which can be used to confirm a suite upgrade for a booking of up to seven nights
Use your Category 1-7 free night at the Park Hyatt Sydney
Crunching the numbers
I’m not suggesting any of the above rewards should be valued at face value, but if they were, the three Category 1-4 free nights are worth 15,000 points each (for a total of 45,000 points), while the Category 1-7 free night is worth 30,000 points. That means the free night certificates alone are worth up to 75,000 points. That doesn’t even begin to factor in the value of the confirmed suite upgrades, not to mention all the other Globalist perks you get, like suite upgrades, waived resort fees, free parking on award stays, guaranteed late check-out, and much more.
I also think that realistically the math has to be adjusted a bit in terms of how much you need to spend to earn Globalist status. You only need to spend $125,000-140,000 if you don’t actually stay any nights at Hyatt at all. And if you don’t spend any nights at Hyatt, then there’s no reason to go for the status.
If you spend your way to Globalist status, you’re getting a minimum of four free night certificates per year, and when you redeem those, they count towards status. So that shaves at least $10,000 off the spend requirement, which is what would otherwise be needed to earn four elite qualifying nights.
Furthermore, you’ll get four confirmed suite upgrades, and at a minimum you’ll want to use those for stays of a few nights each. So even for someone who wasn’t previously a Hyatt loyalist, I think it would be fair to assume that going forward you’d maybe spend 20 nights per year with Hyatt.
After all, if you’re not going to spend any nights at Hyatt, then there’s really not any value in this. I see the value in this being for people who do want to stay at Hyatts a fair bit, but not enough to earn Globalist status.
Assuming you’re requalifying for status and that you usually spend 20 nights per year at Hyatt (including the free night certificates and using your Globalist suite upgrades), you’d only need 30 additional elite nights with The World of Hyatt Credit Card (this is after factoring in the five elite nights you get just for having the card). Earning those would require $75,000 of spend, which seems like a more manageable spend requirement.
I used one of my Globalist suite upgrades at the Park Hyatt Paris this year
I’m so impressed by the way that Hyatt and Chase designed this card, as it’s now actually worth spending money on if you’re a Hyatt enthusiast, regardless of whether you’re a non-elite or Globalist member.
Furthermore, they’ve created a realistic path through which big credit card spenders can earn Globalist status largely through spend, and it can be quite a good value, thanks to all the incremental rewards you’ll earn along the way. Given Hyatt’s small global footprint that seems smart to me, since previously Hyatt was an “all or nothing” program for many, given their weak mid-tier elite benefits.
Is anyone considering spending their way to Globalist status with The World of Hyatt Credit Card?