Update 2/5/23: This is actually the same crappy 45,000 point offer as before, just misleading with the bonus points.
Update 2/5/23: Deal is back.
The Offer
- Chase is offering a bonus of up to 60,000 points on the Chase Hyatt card. Broken down as follows:
- 30,000 bonus points after $3,000 in spend within the first three months of account opening
- 2 points total per $1 spent, up to $15,000 in spend for the first six months
Card Basics
- This product 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
- Annual fee of $95
- Card earns at the following rates:
- 4x points per $1 spent on Hyatt hotels (they advertise this as 9x, but it’s 4x plus the 5x you normally get anyway)
- 2x points per $1 spent on local transit and commuting (including taxis, mass transit, tolls and ride-share serivces)
- 2x points per $1 spent on restaurants, cafes and coffee shops
- 2x points per $1 spent on airline tickets purchased directly from the airlines
- 2x points per $1 spent on fitness clubs and gym memberships
- 1x points per $1 spent on all other purchases
- Receive up to two free nights annually:
- One free night at any category 1-4 Hyatt property every year after your card member anniversary
- An additional free night at any category 1-4 Hyatt property if you spend $15,000 during your card member anniversary year
- Status:
- World of Hyatt Discoverist status for as long as the card is open
- 5 qualifying night credits towards your next tier status every year
- An additional 2 qualifying night credits towards your next tier every time you spend $5,000 on the card (no limit)
Our Verdict
We’ve previously seen a 60,000 offer that only required $6,000 in total spend, whereas this new offer requires $15,000. Even the targeted 70,000 offer only required $10,000 total spend. The offer seems misleading as it’s total of 2 points per $1 spent, so really only an additional 1 point per $1 spent. That makes the bonus actually a maximum of 45,000 points, worse than the standard offer of 50,000 points that requires only $6,000 in total spend. The 50,000 point offer is still available via referral.
Because of that reason I won’t add this to the best credit card bonuses.
Post history:
- Update 5/13/21: Deal is due to end on May 26. Hat tip to EosHuffer
Getting too many rejections from Chase these days
Referral program has been dead for this card for 1 month
I did sign up for the 45k total points on 1/1/23. Asked to be matched to this offer via secure message and was denied. “your account is not eligable for the new offer”. Anyone had success being matched to this higher offer?
I still have in my Inbox their Dec 2019 offer of 70k but required 15k spend in 6 months or 35k that required 5k spend in 3 months. That was slightly better… Hyatt doesn’t seem to give large SUBs.
Does anyone have referral links? I think the 50K points offer for $6K spent is better for me this year.
“That makes the bonus actually a maximum of 45,000 points, worse than the standard offer of 50,000 points that requires only $6,000 in total spend. The 50,000 point offer is still available via referral.”
No referrals in the comments!
What it’s worth: About $1,020 in Hyatt hotel stays (30,000 points + 15,000 points on top of the points you would normally earn = 45,000 points multiplied by our valuation of 1.7 cents for Hyatt points)
Verdict: The generous bonus offered by the World of Hyatt Credit Card is enough for 12 free nights at a Category 1 property or two free nights at a Category 6 property, both for standard rooms. Since we value Hyatt points at 1.7 cents each, the bonus on this card is worth around $1,020, depending on the property you stay in and when.
Best way to redeem it: Use your rewards for stays in high value Hyatt properties around the globe, including hotels, resorts and even all-inclusive properties.
What it’s worth: About $1,020 in Hyatt hotel stays (30,000 points + 15,000 points on top of the points you would normally earn = 45,000 points multiplied by our valuation of 1.7 cents for Hyatt points)
Who’s eligible to earn the bonus: The Chase 5/24 rule applies to the World of Hyatt Credit Card, so you should only apply if you have had fewer than five new credit card inquiries within the last 24 months.
Other rewards you’ll earn: This card lets you Earn up to 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.
Tip: Combine your bonus points with the card’s free night certificate to get an even longer stay.
Pros and cons
Pros
Automatic Discoverist status with a fast track to Globalist status
Hyatt points are very valuable
Earns valuable Hyatt points at a fast pace
Chance to earn up to 2 free night certificates each year
https://www.valuepenguin.com/best-credit-card-sign-up-bonus
I find the language confusing. Is it spend $3K for 30K points and then another $15K for 30K points? Total of $18K spent for 60K points? If I had to spend $18K on taxes then this might be appealing. I got the CIBP last tax season. $15K spend for 100K UR points. The Hyatt SUB offer was the same last year as well.
If I spend $15,000 the first year do I get a free night?
Yes
Thanks, it was confusing if it was 6 months or 1 year? Confusing when reading that need to spend for the second portion, “2 points total per $1 spent, up to $15,000 in spend for the first six months”. https://www.chase.com/personal/credit-cards/hyatt/world-hyatt/free-awards
Free Night Awards
You have more opportunities for free nights as a Cardmember.
1 free night every year
Receive one free night at any Category 1-4 Hyatt hotel or resort every year after your Cardmember anniversary. Footnote1(Opens Overlay)
+
1 additional free night
Earn an extra free night at any Category 1-4 Hyatt hotel or resort if you spend $15,000 in a calendar year. Footnote2(Opens Overlay)
See destinations(Opens Overlay)
Actually don’t mind this low offer. Shows they’re keeping the program steady. Higher offers are almost always followed by massive devals.
I’ll just keep on transferring over UR of which there are no shortage of
They actually had better offers in the past. And it’s one thing to have a low offer, but the way they promote this is misleading and confusing.
Yes but not drastically better offers.
Agree the misleading promoting is infuriating
This is the same existing offer. Or Chase pulls before?
Chuck is correct that this is at most a 45,000 offer. And it is difficult to most people with the large spend.