WORLD OF HYATT BUSINESS CREDIT CARD REVIEW!
Mark Reese // Credit & Finance
•November 2nd, 2021
DESCRIPTION
Chase and Hyatt launched the FIRST-EVER Hyatt business credit card! It’s a unique hotel credit card that’s designed for certain small business owners. Find out if that’s YOU! Click “Show More” to see Ad Disclosure.
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WELCOME BONUS (Oct. / Nov. 2021)
Earn 75,000 World of Hyatt points after spending $7,500 in the first 3 months. The approximate value of those points is $1,275 (avg.)
ANNUAL FEE = $199
EARN HYATT POINTS
- 4X Hyatt hotels
- 2X Top 3 Spend Categories Per Qtr. | Valid thru 12.31.2022 | Then starting 1.01.2023…earn 2X in your Top 2 Spend Categories Per Qtr.
- 2X Fitness Club & Gym memberships
- 1X Other Purchases
ELIGIBLE “TOP SPEND CATEGORIES”
- Airline Tickets (purchased directly with the airline)
- Car Rental Agencies
- Local Transit & Commuting
- Gas Stations
- Dining
- Shipping
- Internet, Cable & Phone Services
- Social Media & Search Engine Advertising
REDEEM HYATT POINTS
- Best for Hyatt hotels & resorts
- Avg. value = 1.7¢ per point
HYATT BUSINESS CREDIT CARD BENEFITS
- Discoverist Status: Automatic as long as card is open. Includes benefits like: 10% bonus on base points, complimentary premium internet, free bottled water, room upgrades (excl. suites), 2 PM late check-out. See elite benefits here: https://world.hyatt.com/content/gp/en/tiers-and-benefits.html#charts
- Give Discoverist Status: Give status to up to 5 employees.
- Tier-Qualifying Night (TQN) Credits: Earn 5 TQNs towards status and Milestone Rewards for every $10,000 you spend in a calendar year.
- $100 Hyatt Credit: Receive a $50 statement credit when you spend $50+ at any Hyatt property, up to 2 times each card anniversary year.
- 10% Redemption Bonus: Spend $50,000 on your card in a calendar year, then get 10% of your redeemed points back for the remainder of the year. Maximum rebate per year is 20,000 points.
- Hyatt Leverage Membership: Access to discounts on standard room rates. Learn more here: https://www.hyatt.com/leverage
- No Foreign Transaction Fees
INSURANCE & PROTECTIONS
- Auto rental collision damage waiver
- Travel & emergency assistance
- Trip cancellation / interruption insurance
- Purchase protection
- Extended warranty protection
SHOULD YOU GET IT?
YES if you…
- Stay at Hyatt hotels frequently (4X points)
- Want to focus on earning Hyatt points & spend within the choice categories (2X points)
- Value Hyatt elite status & want to earn status via spend
- Spend $50K+ on the card per year to unlock 10% Redemption Bonus and earn 25+ TQNs
- Want access to discounted room rates via Hyatt Leverage membership
NO if you…
- Don’t stay at Hyatt hotels often
- Don’t value Hyatt elite status
- Don’t have high spend
- Prefer cash back / more flexible travel rewards
- Are over Chase 5/24 rule
GOOD TO KNOW
- You must be below 5/24 to apply & get approved, but if you get approved, it will not increase your 5/24 count. Example: You’re at 4/24, get approved, and still 4/24 after.
- You can get BOTH the personal & business Hyatt cards.
- Employee cards have no annual fee.
- 10% rebate is not retroactive. Once you reach $50K spend, you’ll start receiving the 10% redemption rebate from that point forward.
- It’s a metal credit card! Source image showing “Contains metal do not shred”: https://viewfromthewing.com/chase-launches-brand-new-hyatt-small-business-card/
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#hyattcreditcard #travelcreditcards #worldofhyatt
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