AwardWallet receives compensation from advertising partners for links on the blog. Terms Apply to the offers listed on this page. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
The offer on The Hyatt Credit Card has expired and the card is no longer open to applications. You can find all the details for the new Hyatt co-brand card in our dedicated review.
Per One Mile at a Time, Hyatt has announced a change to The Hyatt Credit Card, which will come into effect as of June 29, 2017. The new change will be viewed by many as a devaluation, although some people will prefer the new bonus since it adds more flexibility. Remember, earlier this year Hyatt went through a significant overhaul with changes to its loyalty program in March 2017, if any of this is related, we don't know.
The Current Bonus
Until June 29, 2017, if you sign up for The Hyatt Credit Card you will receive the following sign up bonus:
- Two free night certificates valid at any Hyatt Properties worldwide after spending $2,000 in the first 3 months
- An annual free night certificate valid at any category 1-4 properties
- 5,000 bonus points when you add an authorized user, and they make their first purchase within 3 months
- Hyatt Discoverist status as long as you have the card
This is a huge signup bonus, for a card with a $75 annual free, especially when redeeming your free nights' certificates at the Park Hyatt Maldives, or the Grand Hyatt Kauai Resort and Spa, which can sometimes retail for over $1,000 per night.
The New Bonus
Starting June 29, 2017, they'll be scrapping the 2 free nights certificates, and the bonus will be 40,000 World of Hyatt points after spending $2,000 within 3 months of opening your account. It is not clear whether there will be any other changes to the other card bonuses.
The new bonus, while being more flexible is not as valuable as the old one, if you can redeem your free night certificates for a stay in a category 6-7 Hyatt property. Looking at the Hyatt redemption chart, it becomes clear your points will not go as far as your certificates.
Those who were looking forward to redeeming their certificates for an aspirational award will be disappointed since redeeming the points for a Category 6-7 stay, will leave you 10,000 to 20,000 points short. If you redeem your signup bonus for a Category 5 stay, you will break even. Redeeming for hotels in categories 1-4 will leave you better off, and you should have points left over after a 2-night stay.
Whether you view the changes to The Hyatt Credit Card as positive or negative, depends on what you were planning to do with the bonus. Ultimately some people will be disappointed, while some will be pleased with the new offer. If you are interested in an aspirational redemption, you will have to hurry since you only have a few days before the changes are implemented.
Source: One Mile at a Time
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.