In June The World of Hyatt Credit Card was introduced. In my opinion, this is one of the most well thought out new credit cards we’ve seen introduced in quite a while. That’s because the card can be worth holding onto just for the annual benefits it offers, but the card is also rewarding enough so that it creates a strong incentive to actually spend money on it.
Perks for having the card
The card offers several great perks just for having the card, including:
- Discoverist status for as long as you have the card
- Five elite qualifying nights every year just for having the card
- An anniversary free night certificate valid at a Category 1-4 property annually
I’ve used my Category 1-4 free night certificate at the Park Hyatt Saigon
Perks for spending money on the card
Then there are incentives to put spend on The World of Hyatt Credit Card, including:
- Two elite qualifying nights for every $5,000 in spend on the card, which can help you towards earning Globalist status
- A second free night certificate when you spend $15,000 on the card in a cardmember year
- 4x points for spend at Hyatt hotels and resorts, and 2x points on dining at restaurants, airline tickets purchased directly from airlines, on fitness club and gym memberships, and on local transit and commuting, including ridesharing services
Globalist members receive suite upgrades, subject to availability
The $15,000 first year sweet spot
Does anyone know if the $6000 initial spend count towards the $15,000 to get another free category 1-4 nights? Or is it in addition to the initial amount?
The World of Hyatt Credit Card currently offers a welcome bonus of up to 50,000 Bonus Points – 25,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening. Then, you can earn an additional 25,000 Bonus Points after you spend a total of $6,000 on purchases within the first 6 months of account opening.
So, to earn the full welcome bonus you need to spend $6,000 within the first six months (which is a reasonable spend amount when you consider that only $3,000 needs to be spent within the first three months).
So everyone is going to want to spend $6,000 on the card to earn the full bonus, but then you’re already 40% of the way there towards the spend threshold for earning a Category 1-4 free night certificate (in addition to the one you’ll get on your account anniversary every year).
Ordinarily a Category 4 hotel would cost 15,000 points per night, so spending an incremental $9,000 would get you a night at one of those hotels.
Now, whether or not you actually want to value that free night certificate at 15,000 points is up to you. Given the lack of flexibility (you have to redeem at exactly a Category 4 to maximize value, it’s only valid for a year, etc.), some might apply a discount to valuing it.
However, if you’re able to get full value out of it, spending $9,000 on the card would earn you 9,000 World of Hyatt points, plus a certificate worth up to 15,000 points, which could be well worth it. That’s a value of up to 24,000 points, which is the equivalent of up to ~2.67 Hyatt points per dollar spent, which I’d consider to be excellent.
That assumes you’re not spending in the categories that are eligible for 2-4x points, in which case you’d be earning even more points.
On top of that, for spending $15,000 on the card in a year you’d earn six elite qualifying nights towards status, in addition to the five you earn annually just for having the card. To some people that may be worth hundreds of dollars, and to others that may be worth zero.
Use your Category 1-4 free night certificate at the Hyatt Olive 8, where rates are high in summer
Overall I think hotel credit cards are incredibly underrated, since they can be worth holding onto just for the perks they offer, if nothing else. There aren’t that many hotel credit cards that are actually worth spending money on, though The World of Hyatt Credit Card is an exception.
In addition to the huge welcome bonus and ongoing perks offered by the card, it can also be worth spending money on the card, both to earn a free night certificate, and to spend your way towards Globalist status.
If you have The World of Hyatt Credit Card, how much spend are you putting on the card in the first year?