Update: This offer for The World of Hyatt Credit Card has expired. Learn more about the current offers here.
There are lots of great reasons to have hotel credit cards. Sometimes these cards offer anniversary free night certificates that more than justify the annual fee, and sometimes they offer elite status, either just for having the card, or for completing a certain amount of spend on the card.
For example, even though we’ve seen quite a few increased hotel card welcome bonuses lately, we haven’t seen any that I’d value at $800 or more. That’s why I think it’s worth noting that there’s one hotel credit card that has a surprisingly compelling welcome bonus, where I value the card’s welcome bonus at more than $800, even after factoring in the annual fee.
Specifically, I’m talking about The World of Hyatt Credit Card, which was just introduced a few weeks ago. The $95 annual fee card has a welcome bonus of up to 60,000 World of Hyatt points, including 40,000 World of Hyatt bonus points after spending $3,000 within the first three months, plus another 20,000 bonus points after spending a total of $6,000 within the first six months.
That’s a reasonable spend requirement, in my opinion, given that it averages out to $1,000 per month, and this is a card that has some useful bonus categories as well.
Personally I value World of Hyatt points at 1.5 cents each, so to me 60,000 points are worth $900. Even if you subtract the $95 annual fee, that makes the welcome bonus worth $805, which is the biggest bonus I recall seeing on a hotel card in a very long time (based on my valuation of various points currencies).
As a reminder, here’s World of Hyatt’s award chart:
As you can see, 60,000 World of Hyatt points would be enough for two free nights at Hyatt’s top hotels, or 12 free nights at their lowest category hotels. There’s also a lot of value to be had in the middle. For example, you could book several nights at a Category 6 hotel using Points + Cash.
The Park Hyatt Maldives costs 25,000 points per night
Furthermore, you want The World of Hyatt Credit Card for all the great perks it offers:
- A Category 1-4 anniversary free night certificate every year
- A second Category 1-4 free night certificate when you spend $15,000 on the card in a calendar year
- Five nights towards World of Hyatt elite status annually
- A further two elite qualifying nights for every $5,000 spent
This card is not available to those who have the old version of Hyatt’s credit card, or have received a new cardmember bonus on it within the past 24 months (those members should be eligible to upgrade to the card).
Even if you’re not a Hyatt loyalist, this is a card worth seriously considering, in my opinion.