I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
I wasn’t one of the first Hyatt credit card cardholders when the product first launched in September 2010, but I’ve had mine for about six years. And I’ve spent $40,000 a year on the card the past few years.
Now that Hyatt has made changes to their loyalty program this year, I think the role of the card changes as well.
Fantastic Signup Bonus
The signup bonus is great since you can earn 2 free nights at any Hyatt hotel or resort worldwide after $2,000 in purchases in the first 3 months after account opening. You also get 5000 bonus points for adding an authorized user to your account and making a purchase with the card in that same 3 month timeframe.
View from the Park Hyatt Sydney — Eligible for Signup Bonus Free Night Use!
There are no category caps on the free nights. I met a couple at the Park Hyatt Hadahaa in the Maldives, each of them had signed up for the card and they had four free nights to use between them. I can’t imagine a better use!
Cocktails on the Beach at the Park Hyatt Maldives
And reports I’ve seen is that Chase doesn’t exclude customers who have had 5 or more new card applications within the past 24 months from being approved for this one.
Using the Card for Spending
Earning on the card is 3 points per dollar at Hyatt properties and double points at restaurants, on airlines tickets purchased directly from the airlines and at car rental agencies.
The card is reasonable to use for spend at Hyatt properties however I’d rate the Chase Sapphire Reserve Card and Citi Prestige Card as better since they earn 3 points per dollar in currencies that transfer to various loyalty programs.
Of course I’ve long transferred points from my Chase Sapphire Preferred Card to Hyatt so I’ve had plenty of access to Hyatt points as-needed.
The Card is Worth Keeping — Even in the Sock Drawer
The card‘s $75 annual fee is certainly worthwhile as well since you receive a free night award every year after your cardmember anniversary at any Category 1-4 Hyatt hotel or resort.
There are fantastic category 4’s, for instance I’ve got an upcoming stay planned at the Andaz Papagayo in Costa Rica.
While staff at the Hyatt Place Austin Downtown (down the street from me) say they’re the best Hyatt Place, and I love the Park Hyatt Saigon and I’d kill for the Saigon baguette at breakfast with grilled pork, pate, pickles, chilies, and mayo, I think my favorite category 4 is the Park Hyatt Siem Reap in Cambodia which is where I stayed visiting Angkor Wat.
Angkor Wat Entrance
Elite Status With the Card
Cardmembers receive Discoverist status good for 2 p.m. late checkout and upgrades which are supposed to be the best room in category reserved (higher floor, better view).
Discoverist also matches to MGM M life Rewards Pearl status. That’s good for free self parking and buffet line passes as well when staying at properties like Bellagio, MGM Grand, and Mandalay Bay in Las Vegas.
Each year you spend $50,000 on the card you’ll earn Explorist status through the following year, good for best available room excluding club rooms and suites and 4 club lounge upgrades per year — plus it matches to MGM M life Rewards Gold status which gets you VIP check-in, a big deal at monster casino hotels.
Club Lounge at the Grand Hyatt Kuala Lumpur
Here’s How to View the Card
Spend on the Hyatt Credit Card no longer gets you progress towards top tier elite status however, so my plan is to view the card as a great signup bonus and great keeping for the annual free night (and for the 2 p.m. late check-out if you’re not a Hyatt elite already) as well as because points in your account don’t expire as long as your Hyatt Credit Card account is open. But right now it’s not a card to use for your ongoing spend.
Since reports are that customers with 5 or more new card accounts in the last 24 months aren’t excluded from approval, it’s a fantastic Chase card for those who are at or above ‘5/24’ to get.