Note: The Reddit poster now claims these rumors were completely made up. You can still find the rumored details below.
A few months ago, Chase and Hyatt announced plans to expand their partnership, including introducing a new premium credit card. This is something that has been rumored for a long time, as Hyatt has been surveying this concept for years.
While there still hasn’t been an official announcement, we have reason to believe that the introduction of the new card may be imminent. An anonymous Reddit user shares what are reportedly the details of the new card, and the logic tracks. Separately, I’ve also covered the rumored World of Hyatt award pricing changes, which also tie into this overall announcement.
In this post:
Rumors of new World of Hyatt premium credit card
If rumors are to be believed, Chase and Hyatt will soon launch a new premium personal credit card, which will somehow have Park Hyatt branding, as Hyatt is trying to elevate the positioning of the brand within its portfolio.
Here are the rumored details of the card annual fee, welcome bonus, benefits, etc. (again, this is all rumored, I can’t personally vouch for this, and it’s also possible that there’s more that hasn’t been revealed):
- The card will have a $795 annual fee
- The card will have an initial sign-up bonus of 100,000 bonus points upon completing minimum spending
- The card will offer automatic Explorist status
- The card will offer a Category 1-5 free night award annually
- The card will offer 20 elite nights toward status annually, just for having the card
- The card will offer 10 elite nights toward status for every $15,000 spent
- The card will offer Globalist status if earning 20 elite nights beyond the 20 elite nights automatically deposited; however, this wouldn’t offer Milestone Rewards perks, except for the thresholds you automatically pass
- The card will offer a $200 Hyatt statement credit twice per year
- The card will offer 10x points on Hyatt purchases, and 3x points on dining and direct airline bookings
- The card will offer access to Chase Sapphire Lounges and Priority Pass
My take on this Hyatt premium credit card concept
I think the new World of Hyatt premium credit card concept is roughly what we would’ve expected. Hyatt isn’t going quite as far as Hilton or Marriott with giving out a super valuable elite tier with no spending requirement, but still, this definitely provides a huge shortcut to Globalist status.
Assuming the details of this $795 annual fee card are true:
- Up to $400 in Hyatt statement credits should largely be good as cash for card members, so that lowers the real “out of pocket” on the card to $395
- It’s interesting that the card “only” offers a Category 1-5 free night award, which is the same that will be found on the less premium version of the card (as Category 1-4 is reportedly being updated to Category 1-5, given the award category inflation)
- The Chase Sapphire Lounge access is interesting, and for some Hyatt loyalists, it may be a reason to focus on this card instead of another premium Chase card
- 10x points on Hyatt spending would be a massive bonus category, compared to the current 4x points; I’m curious if that’s accurate, or if the 10x points factors in the 5x base points that members ordinarily earn, meaning the card just offers an incremental 5x points
- There’s no denying that this creates a much faster pathway to Globalist status, both in terms of the 20 elite nights annually (compared to five on the other personal card), plus the 10 elite nights for every $15,000 spent (compared to two elite nights for every $5,000 spent on the other personal card)
I guess I’m happy to see that Hyatt doesn’t plan on just directly giving out Globalist status for holding onto a card. However, there’s also no denying that this makes it much easier to earn Globalist status, and that’s a double edged sword. It’ll make suite upgrade awards increasingly important, since complimentary suite upgrades are likely to become less common, due to increased competition.
Bottom line
We know that Chase and World of Hyatt plan to introduce a new premium credit card. While official details haven’t yet been announced, a leak outlines what the card’s perks will be, as part of a broader announcement about a reshuffling of award pricing.
If rumors are to be believed, the card will have a $795 annual fee, and will offer a huge shortcut to Globalist status, up to $400 in annual Hyatt credits, a Category 1-5 free night award annually, and more.
What do you make of the rumored details of Hyatt’s new premium credit card?
This was just CONFIRMED by the OP on Reddit that it was a 100% FAKE post for research purposes for a college class.
Supposedly, it was all a ruse: https://www.reddit.com/r/hyatt/comments/1ra2gvq/well_this_escalated_quickly/
Emmmmm……
https://www.reddit.com/r/hyatt/s/MGPkeDOzMb
How soon can I apply or this is just a "Tease", Definitely worth it with the 20 Nights for just having the card.
That card might be a better complement to AmEx Platinum for me. I got CSR primarily for the lounge access and the travel insurance. We’ll see, I suppose.
Looks promising. Ben - Assume I can have both the existing World of Hyatt card and the new one? The Cat 1-4 from that card is worth the annual fee IMHO. They are useful for night before flight stays at many airports I frequent.
The $400 annual credit easy as cash - then add a CAT 1-5, (roughly worth about $250 to me) provides a clean $650 a year in easy peasy benefits against...
Looks promising. Ben - Assume I can have both the existing World of Hyatt card and the new one? The Cat 1-4 from that card is worth the annual fee IMHO. They are useful for night before flight stays at many airports I frequent.
The $400 annual credit easy as cash - then add a CAT 1-5, (roughly worth about $250 to me) provides a clean $650 a year in easy peasy benefits against a $795 fee. The 100K SUB would be worth about $2K. With a Chase 5/24 slot for al least a few years. Chase Lounge Access icing on cake.
I'd snap this up if actually correct and the 10x points is actually 10x points. Been spending way too much at Hyatts for the last few years
My guess is the 10x points includes the 5x base, plus 20% bonus (1x) that Explorists get, plus 4x from the card, so it would be in line with the existing WOH card
More people accessing the already insanely overcrowded Chase lounges. Sounds like a great plan. Not.
This is an INSTANT apply for me. Having just ditched my personal sapphire and relying on a sapphire business (only got it for the upfront points) for lounge access. This will give me sapphire lounge access and super easy globalist qualification.
saw this last night seems probable, also I wouldnt be shocked if a new tier comes out above globalist everyone else has it.
Just spend $200k on Hyatt stays and get Lifetime Globalist. Why mess around with all of this complexity?
...because $200,000 of spending on hotels isn't feasible or desirable for almost every single person on the planet?
- and that is good - only very few will make it to lifetime Glob. Imagine what would happen otherwise.
I’m downgrading my Hilton Aspire card and I would be interested but not at this price point. It seems chase came up with the $795 annual fee by saying since we are offering Chase lounges as a perk, the annual fee can’t be lower than the Sapphire Reserve. Monetarily, the perks themselves (400 annual credit, free night at a mid tier Hyatt) don’t warrant the high annual fee.
Not sure how many super premium $800 annual fee credit cards are really sustainable anymore, especially with the downturn in the economy.
lol downturn? The upper half has literally never been richer
Willy can't even count to 10.
I’m not sure if “half” is the right word
Of course! Let the other "half" eat cake! smh...