The Offer
No direct link, e-mail subject line is 40,000 Bonus Points and More
- Earn 40,000 Hyatt points after $2,000 in spend within the first three months. Annual fee of $75 is not waived. Authorized user bonus of 5,000 points after first purchase isn’t mentioned but I assume it applies.
Card Details
- Annual fee of $75 not waived
- Card earns at the following rates:
- 3x points on all Hyatt hotels and resorts purchases
- 2x points on restaurants, airline tickets purchased directly from the airline and car rental agencies
- 1x points on all other purchases
- No foreign transaction fees
- Free night at category 1-4 property on your card member anniversary
- World of Hyatt Discoverist Status as long as you’re a card member
- Doesn’t fall under the Chase 5/24 rule
- Not eligible if you’ve received a bonus on this card in the past 24 months
Our Verdict
The current best bonus on this card is two free nights + 5,000 points, best offer historically is two free nights + 5,000 points + $50 (Sirtheta’s spreadsheet makes this so much easier). We saw this same 40,000 targeted offer last year in October. In 2015 they also had a 50,000 point offer.
The Hyatt award chart is as follows:
If you’re staying a category 6 property or higher you’re better off with the free night offer. If you stay at a category four property or lower your better off with the points offer. Category five you break even with either offer.
The advantage of the points offer is that is also opens up the possibility of using it for points & cash stays. The award chart for that is as follows:
In previous years they have also offered 10/15% back in points in the middle of the year as well, if that was to return it would make the points offer more attractive as well. The other thing to consider is that the free nights expire after twelve months and the points do not.
I personally prefer the points offer (but would like to see it at 50,000 points) but it really depends on the type of properties you like to stay at and what your travel plans are. Hopefully I’ve given you enough information to make that decision for yourself.
As always, make sure you read these things everybody should know about Chase before applying. Because this is a targeted offer, it won’t be making our list of the best credit card bonuses.
Hat tip to reader BHW
Anyone have the link for the offer?
There is no link, got to be targeted.
Hello Doc .. Sorry for this unrealted post but i need some quick guidance asap
I openend my ink card ang got approved on March 21,2016 I have maxed out 50k . And was told 3 times in past week limit would reset on March 21, 2017 So any spend after that would be 5x on the bonus category so I was all geared up to do staples promo next week having sit out this week already and was watitng for a better bonus on amex simply cash card
I just read on boarding area that this info by Chase is completely inaccurate And my limit won’t reset till next cycle hits on April 18, 2017 even though anniversary date has past
If I downgrade to chase cash would the limit rest Immediatlly ?? Anyone try this before and got 5x after anniversary dat??
or maybe I have to apply for Amex simply cash card.. This will be my first Amex business card , I was waiting for better offer. What’s re chances for instant approval on first business card with Amex Credit history is excellent but opened Chase business preferred recently. Also would Amex expedite the card if approved today ??
Would Appreciate quick guidance on this ?
Read this post: https://www.doctorofcredit.com/when-exactly-does-chase-ink-50000-year-reset/ in terms of when your Chase year resets. Don’t think downgrading resets it.
No idea about instant approval. I wouldn’t worry too much about missing one week of deals.
Thanks doc about your prompt response and for the link. I dont think it was about 1 week of deals .. i just saw out for the current week of visa gift card deal and i will have to wait about 3-4 weeks before limit resets so thats why i was looking for the other option but thanks for all your suggestions. As always great job with the blog and the tons of useful deals !
Always happy to help 🙂
is this card considered separate from the 2 night offer, so…I applied received and closed the two night offer in the last year, can I get this one?
No, the restrictive language doesn’t differentiate between offers.
Anyone have any idea how one gets targeted? Amazing that it’s outside 5/24. Love these cards with free nights at anniversary that cover the annual fee in themselves.
Thoughts on applying for the standard free night offer and trying to get switched to the 40k? I would prefer the two nights but really need the flexibility of the points.
Stick with the 2 nights free offer and stay at a Park Hyatt hotel. It’s a much better offer than the 40k points since they typically go for around $1k/night. Use the bonus as an opportunity to splurge.
I don’t know why anyone would choose the 40k offer instead. If you want flexibility, you can always just pay for the lower category hotels since they’re much cheaper. My 2 cents.
i prefer the bigger brands to use my free nights but I end up staying and using my free nights at lets say holiday inn express instead of intercontinental or homewood suites instead of Hilton or Cornrad all because the small brand offer breakfast at no additional cost and when you have a family of 3 , it is huge saving. I can’t afford costly and expensive breakfast at Hilton, Park Hyatt or Intercontinental and having to walk for long in morning to find breakfast restaurant or having to take cab or uber for breakfast in morning is not suitable for us.
How do you manage? just pay a lot for breakfast in the hotel?
My wife and I both signed up for the Hyatt card and stayed at Park Hyatt NYC for 4 nights. We ate light breakfasts with our two kids at McDonalds and a local diner and splurged for dinner mostly at decent restaurants. I hear you regarding hotels with free breakfast, but those are at most 100/night typically and we only stay at those types of places when we don’t want to be at city centers.
Anyone think that this card will stay out of the 5/24? Waiting for my 24 months to pass on this card, cancel and reapply, only 12 more months to go…
Nobody knows for sure, I have no real idea why some cards are under 5/24 and others aren’t. I thought it might have something to do with how the contracts are negoitated but Marriott personal is and Marriott business isn’t and I’d assume they’d be under the same contract.
When will 5/24 end??? It is obviously not a real counter measure to stop churners, because they end up excluding so many other people. Someone who has had 4 or more new cc accounts is considered the minimum level “churner” and upward from there??? I really don’t get it.