- Up to 75,000 Total Bonus Points. 60,000 Bonus Points after you spend $5,000 on purchases in your first 3 months from account opening. Additionally, earn 15,000 Bonus Points after you spend $12,000 in the first 6 months.
- Up to $100 in Hyatt statement credits – spend $50 or more at any Hyatt property and earn $50 statement credits up to two times each anniversary year.
- 9 points total per $1 spent at Hyatt – 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 from Hyatt as a World of Hyatt member.
- 2 Bonus Points per $1 spent in your top three spend categories each quarter through 12/31/24, then your top two categories each quarter.
- 2 Bonus Points per $1 spent on fitness club and gym memberships
- 1 Bonus Point per $1 spent on all other purchases.
- 5 Tier-Qualifying night credits toward status and Milestone rewards for every $10,000 you spend in a calendar year.
- World of Hyatt Discoverist status for as long as your account is open. Plus, Discoverist status for up to five employees.
- 10% Redemption bonus. Spend $50,000 in a calendar year and get 10% of your redeemed points back for the rest of the year.
- $199 annual fee.
Application details. This shouldn’t apply to anyone yet as the card has just launched, but note the following:
This bonus offer is available to you if you do not have this card and have not received a new Cardmember bonus for this card in the past 24 months.
The 5/24 rule is believed to apply to this card. On many Chase cards, there is an unwritten rule that they will automatically deny approval on new credit cards if you have 5 or more new credit cards from any issuer on your credit report within the past 2 years (aka the 5/24 rule). This rule is designed to discourage folks that apply for high numbers of sign-up bonuses. This is applied on a per-person basis, so in our household one applies to Chase while the other applies at other card issuers.
The value of Hyatt hotel points. The most valuable redemption options are for free hotel nights, points+cash hotel combinations, and/or room upgrades. Hyatt allows you the flexibility of combining your points with any other World of Hyatt member to redeem an award. They are also somewhat unique in that you can book a suite directly with points.
Below is their points award chart, and here is their
If you compare with the cash cost of these hotels, the number varies but you are nearly always getting between 1 cent and 2 cents per point value on the low end, and possibly much more on the luxury end. We stayed at Grand Hyatt Kauai on Hyatt points (earned via credit cards), where the cash value is $701 per night when you include all taxes and the $35/night resort fee. That worked out to 2.8 cents per Hyatt point.
I am conservative with point valuations, so I prefer to use a simple value of 1 cent per Hyatt point. After the Marriott/Starwood merger, I believe that Hyatt points are now the most valuable hotel points on a per-point basis. In general, I would rather convert my Chase Ultimate Rewards points into Hyatt points than any other hotel program.
Hyatt points expire after 24 months of inactivity, but earning points via this credit card counts as activity. Chase Ultimate Rewards points also convert to Hyatt points and the transfer counts as activity.
The free Discoverist status from this card gets you a free bottle of water daily, a free upgrade to premium WiFi internet, dedicated check-in area, and a 2pm late checkout upon request at participating locations. You are also eligible for a minor room upgrade within your type booked.
Bottom line. The new
I will be adding this to my
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