May 16, 2018
Review: The Hyatt Credit Card from Chase

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Nearly every major hotel chain issues at least one credit card. Hotel credit cards can be a great tool for extracting outsized value from the hotel’s loyalty program. The Hyatt Credit Card is a compelling option for travelers who spend just a few nights or even dozens of nights annually at Hyatt properties.


Sign-up Bonus


The Hyatt Credit Card offers 40,000 Hyatt points after spending $2,000 in the first three months of account opening. You can earn an additional 5,000 points after adding your first authorized user and making a purchase with the authorized user card in the same three months. The sign-up bonus is only available if you haven’t received a new card member bonus for the card within the past 24 months.


Earning Points


The Hyatt card earns 3x points per $1 on Hyatt purchases, 2x points per $1 at restaurants, airline tickets purchased directly from airlines, and car rental companies, and 1x point per $1 on everything else.



Redeeming Points


Hyatt points are best used for booking award stays at Hyatt properties. You can book rooms with points, you can upgrade purchased rooms with points, or you can use a combination of points & cash to book your room.


The number of points you’ll need varies based on the hotel category and the type of room you’re looking for. Free night awards currently range from 5,000-48,000 points per night. For example, a last minute Park Villa room at the Park Hyatt Maldives can cost $1,000 per night. But since it’s a category 6 hotel, you can redeem just 25,000 Hyatt points for a free night. That would make the Hyatt credit card’s sign-up bonus worth over $1,000!



Perks


Annual Free Night Award

Cardholders receive an annual free night award certificate which can be redeemed at category 1-4 hotels. You can consistently use this for rooms selling for over $200.


Elite Status

Cardholders instantly qualify for Discoverist elite status. This comes with perks like 10% bonus points on stays, complimentary premium internet, complimentary bottle of water, late check-out, and a preferred room within the booking category.


Cardholders who spend $50,000+ in a calendar year receive Hyatt’s Explorist status through the following calendar year. This comes with additional perks like 20% bonus points on stays, upgrades to the best available rooms (excluding suites), four club lounge passes per year, and a 72-hour room guarantee.


Standard Travel Perks

The card also comes with industry standard travel perks like baggage delay insurance, lost luggage reimbursement, and trip cancellation/interruption insurance. See terms for details.



Fees


The Hyatt credit card has a $75 annual fee. There are no foreign transaction fees.


Should You Get It?


The annual free night award more than pays for the card’s annual fee right off the bat. The card costs $75 per year while the certificate can get you a $200 hotel room. The 40,000 point sign-up bonus is also a compelling offer. As I pointed out, you can get well over $1,000+ in value by redeeming those points at expensive properties marked at a low-level award category. Discoverist elite status is a nice perk to have as well and should make your hotel stays more comfortable.


That said, it’s not the best card when it comes spending a lot of money. Cardholders earn 3x Hyatt point per $1 at Hyatt and 2x points per $1 on restaurants, airfare, and car rentals. Well the Chase Sapphire Reserve earns 3x Chase Ultimate Rewards points per $1 on all those categories and you can transfer Chase points to Hyatt…or 11 other hotel and airline partners at a 1:1 ratio.


I’d recommend getting the Hyatt credit card based on the valuable sign-up bonus, the annual free night certificate, and Discoverist status. But there’s several credit cards out there which offer a better points earning structure than the Hyatt card.


Featured Image Courtesy of Park Hyatt, Maldives

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