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Not only does this card help to fast track you to status, but you could earn Globalist status entirely through credit card spend, if you wanted to. Now, I don’t think you should earn Globalist status exclusively through credit card spend (as I’ll outline below), but I think a hybrid approach could make sense.
I’ve already written a post about the general things to be aware of if earning Globalist status through credit card spend, though wanted to look at the math a bit more closely.
How much do you have to spend to earn Globalist status?
Hyatt Globalist requires earning 60 qualifying nights in a year, or if you’re requalifying for the status, it requires only 55 qualifying nights per year.
This means that if you’re starting from scratch you’d have to spend $140,000 to earn Globalist status with Hyatt. This assumes you don’t have any Hyatt status yet. That’s because you earn five qualifying nights just for having the card, and a further two qualifying nights for every $5,000 spent. Therefore $140,000 of spend would earn you 56 qualifying nights, plus the five you get just for having the card, for a total of 61 nights.
Requalifying for status would required $125,000 of spend, since that much spend gets you 50 qualifying nights, plus the five you get just for having the card.
Redeem just 25,000 points per night at the Park Hyatt Maldives
Long term no one should be earning Globalist status exclusively through credit card
Hyatt counts award nights towards status, and just for having The World of Hyatt Credit Card you get a free night every year, plus the opportunity to earn a further three nights for spending $15,000, earning Explorist status, and earning Globalist status.
On top of that, presumably you want to earn Globalist status because you actually intend to stay at Hyatts with some frequency. Hotel status is worthless if you don’t actually stay at that brand with some frequency.
To be realistic, let’s assume that long term you’re earning 20 elite nights per year through actual stays. There are so many great Globalist benefits to use (like confirmed suite upgrades and your free night certificates), so if you’re staying at Hyatts less than that I question whether Globalist is worth it for you.
On an ongoing basis that means you’d need 35 additional elite nights to earn Globalist status, since you need 55 nights to requalify:
- You’d receive five just for having the card
- You’d receive a further two for every $5,000 spent
That means spending $75,000 would earn you a total of 35 elite nights (five for having the card, plus 30 for spending).
So I’m going to go ahead and assume that this is the practical “spend” required to earn Globalist status through the card, though everyone can adjust the numbers up and down as they please.
Complimentary breakfast is one of my favorite Globalist perks
What’s the opportunity cost of $75,000 of spend?
I think the best return you’ll get on non-bonused everyday spend is having the Chase Sapphire Reserve® Card and Chase Freedom Unlimited®, since the latter offers 1.5x Ultimate Rewards points per dollar spent on base spend (it’s my favorite credit card duo).
So spending $75,000 would earn you 112,500 Ultimate Rewards points. I value those at 1.7 cents each, so to me those rewards are worth ~$1,913.
How much value would you get for spending $75,000 on the World of Hyatt Credit Card?
If you spent $75,000 in non-bonused categories on The World of Hyatt Credit Card you’d earn 75,000 World of Hyatt points. I value those at 1.5 cents each, so to me those are worth $1,125.
I want to be as accurate as possible here in terms of looking at incremental perks, so I should note that you get a Category 1-4 free night certificate just for having the card, so that isn’t dependent on actually spending any money on the card.
What is dependent on spend is the following:
- 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
I view the difference in value between the Freedom Unlimited and World of Hyatt Card as being around $800 for that amount of spend based purely on the value of the points. So the question is, do you value the three free night certificates, four Globalist suite upgrades, and all the other Globalist perks, at ~$800?
Personally I think that’s extremely compelling, but others may disagree.
You could redeem your Category 1-7 free night certificate at the Park Hyatt Paris
Obviously not everyone can spend $75,000 on their credit card in a year. All of these number crunching exercises assume that you’re someone who would actually spend that much in non-bonused categories, which I know excludes many people. However, there’s never going to be number crunching on this blog that applies to everyone.
Some have argued that there’s no way it’s worth it to spend this much on The World of Hyatt Credit Card given the alternatives out there, though personally I disagree. While it takes a certain type of traveler, I think the sweet spot with this card is those who would naturally stay 20-30 nights per year at Hyatts (including free night redemptions), and therefore would benefit from earning Globalist status.
Is anyone planning to earn Globalist status with the World of Hyatt Credit Card?