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It’s been hard to keep up with all the changes across hotel rewards cards in 2018, with almost all the major players in the U.S. hotel points scene refreshing their lineup or releasing entirely new rewards cards. We’ve witnessed an Amex takeover on Hilton’s lineup of rewards cards, and Chase has doubled down on its current partnerships, introducing new products from IHG and Marriott. Last week, Chase delivered the latest card in it’s expanding lineup, The World Of Hyatt Credit Card, to replace The Hyatt Credit Card which is no longer open for applications.
We see the World of Hyatt Card as a significant improvement over the Hyatt Card, providing more free nights, higher points earning potential, and a path to top-tier elite status via card spend, something that couldn’t be achieved on the previous card. Let’s dive into our top five reasons to apply for the World of Hyatt Card.
Spend Your Way to Top-Tier Elite Status
While the World of Hyatt Card comes with automatic Discoverist status, Hyatt’s low and mid-level elite tiers aren’t particularly rewarding. That said, one of the most exciting features of the new card is the ability to earn uncapped elite qualifying nights through spending alone. Meaning folks with the resources to direct a significant volume of spending to the World of Hyatt Card have the opportunity to earn top-tier Hyatt Globalist status without the need to spend 60 nights in a hotel room.
In addition to the 5 elite qualifying nights awarded each year, cardmembers earn 2 elite nights for every $5,000 spent on the card, and there is no limit to the number of elite nights you can earn.
“…there is no limit to the number of World of Hyatt Tier-Qualifying Night credits that you can earn.”
While it’s theoretically possible to earn Globalist via spend, it’s a moot point as there is no point chasing status if you aren’t booking Hyatt stays. A more realistic path might look something like:
- 60 nights required to reach Globalist
- – 5 nights received annually as a cardmember
- – 1 free night earned after $15K spend (annual free night won’t post until after card anniversary, the second year you’d have 2 nights)
- – 4 nights. An average number of nights redeemed from the signup bonus
- – 16 nights, either paid revenue stays or points stays booked as part of your annual travels. The reality is, if you’re not staying a minimum 15-20 nights per year with Hyatt, you have no business chasing top-tier status in the first place.
- 60 – 24 = 24 elite nights required
- 24 / 2 = 12 x $5,000 = $60,000 spend required to reach Globalist, $50K if you’re requalifying which only requires 55 elite nights.
This doesn’t factor in redeeming the points earned in the chase to reach Globalist, but for every 2 nights you redeem points against you can drop $5K off the spend required to reach top-tier elite status with Hyatt.
It’s important to calculate the opportunity cost of chasing elite status in these situations. You need to place a value on Globalist status and decide if it’s worth pursuing, whether you’ll get enough value out of holding status to make it worth chasing down. There is no point status hunting with any hotel program if you don’t stay enough to leverage the perks, and chasing Hyatt Globalist is an expensive exercise.
50,000 Point Welcome Bonus
The World of Hyatt Card is currently offering a tiered signup bonus: Earn up to 50,000 Bonus Points - 25,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening. Plus an additional 25,000 Bonus Points after you spend a total of $6,000 on purchases within the first 6 months of account opening.
It’s a significant increase in spending for the full 50,000-point bonus, but you have 6 months to reach the $6K spending threshold ($1,000/month).
Improved Bonus Categories and Earning Potential
The World of Hyatt Card is one of the highest earning rewards card for Hyatt purchases, eclipsing even the highest earning cards earning flexible points that transfer to World of Hyatt 1:1. Take a look at the bonus categories for the card:
- 4x points on Hyatt purchases
- 2x points at restaurants and cafes, on local transit and commuting including rideshare services, on airline tickets purchased directly with the airline, and on fitness club and gym memberships
- 1x point on all other purchases
Chase has ditched the 2x points on rental cars category bonus, opting instead that cardholders receive an additional point per dollar on all Hyatt spent over the previous card and improved bonus categories which offer a more extensive range of qualifying purchases if you go down the path of spending your way to elite status.
The bonus points on gym and fitness club memberships is a unique category, and while it’s not likely to be a considerable portion of your monthly spend, having membership fees tick over every month adding bonus points to your account is like points on autopilot. In fact, looking at the category bonuses, autopilot seems to be the theme.
Additional Free Night Certificates
Free night certificates have always been a feature of the Hyatt card, but the new card offers the opportunity to earn two free night certificates each year rather than the one awarded on the previous card. Cardholders receive an anniversary category 1-4 free night certificate each year they hold the card, and also the chance to earn a second free night certificate each year they spend $15K on the card. The free nights are valid for one year from the date you earn them.
The extra free night adds another layer of value to the card, particularly in the first year when that first $15K will also help you get the 50,000 welcome bonus, plus $15K spend will net you 6 elite qualifying nights.
Subject to Strict 5/24 Application Restrictions
UPDATE: It appears that Chase has tightened up the application requirements for the Hyatt co-brand card, and is now applying the 5/24 policy. We cover the changes in more detail in this dedicated post.
Gary at View from the Wing posted some interesting notes recently about future changes to Chase’s 5/24 policy where he mentioned that all Chase rewards cards would eventually be subject to the 5/24 rule. As far as the World of Hyatt Card is concerned though, the policy hasn’t changed from the old Hyatt Card, and folks over 5/24 can still get approved for the new card, for now.
The World of Hyatt Card is a significant improvement over the previous card, enough of an improvement that we anticipate it could swing some folks into repositioning their loyalty to Hyatt, particularly when you factor in that Ultimate Rewards points transfer to Hyatt at a 1:1 ratio.
The ability to top off all the required nights for top-tier Globalist status through card spend alone is a huge draw, as is the additional free night certificate and the increased points earning potential.
Think you’ll apply for the World of Hyatt Card? Or, product change from the old card to the new one? We’d love to hear your thoughts on the new card in the comments below!
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