A few days ago we saw the introduction of the new The World of Hyatt Credit Card, which is a fantastic product. The card has a $95 annual fee, and offers all kinds of great perks, including, up to two anniversary free night certificates per year, and a great opportunity to earn status through credit card spend, all the way up to Globalist status.
For those with the old $75 annual fee Hyatt Credit Card (which is no longer open to new applicants), I wanted to take a look at your options for acquiring the new card in this post.
Will those with the old Hyatt Credit Card automatically be upgraded to the new card?
No. Those with the old Hyatt Credit Card have the choice of keeping that old card. The annual fee is $20 lower and it will continue to come with an anniversary free night certificate. However, you don’t get many of the same benefits that you receive with the new The World of Hyatt Credit Card.
Can you have both Hyatt Credit Cards?
You’re unfortunately only able to have one Hyatt Credit Card or the other. The application terms of the new The World of Hyatt Credit Card state the following:
The product is not available to either (i) current Cardmembers of any Hyatt Credit Card, or (ii) previous Cardmembers of any Hyatt Credit Card who received a new Cardmember bonus within the last 24 months.
In other words, you’re not eligible to apply for the new World of Hyatt Credit Card if you currently have the old Hyatt Credit Card, and/or if you’ve received a new cardmember bonus on the old card in the past 24 months. You can, however, upgrade to the new card.
How can you upgrade to the new World of Hyatt Credit Card?
Eventually it should be possible to upgrade to the new The World of Hyatt Credit Card online (they have a dedicated webpage for it). However, that’s not possible yet, and as of now the only way to upgrade is to make the request by phone. You can call 800-436-7941 to start the upgrade process.
While you won’t be eligible for any welcome bonus, you will be given 2,000 World of Hyatt points for upgrading. That’s not much of an upgrade offer, though in this case we have a card you upgrade to for the perks it offers, and not for the bonus as such.
Should you upgrade to the new World of Hyatt Credit Card?
As with everything in life, “it depends.” I think my general advice is as follows:
- If you have the old Hyatt Credit Card, don’t put any spend on it, aren’t going for Explorist or Globalist status, and use it exclusively for the anniversary free night certificate, then you should keep that card since it has an annual fee that’s $20 lower
- Under almost all other circumstances it makes sense to get the new The World of Hyatt Credit Card, given that it gets you five elite qualifying nights towards status annually, and with spend you can earn an additional free night certificate, and more nights towards status
The new The World of Hyatt Credit Card is extremely compelling, especially for those going for status with Hyatt. If you have the old Hyatt Credit Card then your only option for acquiring this card is to upgrade to it. Alternatively, the card is open to those who don’t currently have the old Hyatt Credit Card, and who haven’t received a new cardmember bonus on it in the past 24 months.
Do you plan on upgrading to the new World of Hyatt Credit Card, or what’s your strategy?