Published on June 28th, 2018 | by William Charles95
Chase & Hyatt Launch New Co-Branded Credit Card – 60,000 Point Bonus!
Chase has launched a new co-branded credit card with Hyatt called ‘World Of Hyatt‘.
- Sign up bonus of 60,000 points. Broken down as follows
- 40,000 bonus points after $3,000 in spend within the first three months of account opening
- An additional 20,000 points after you spend $6,000 total within the first six months of account opening
- The product is not available to either (i) current Cardmembers of any Hyatt Credit Card, or (ii) previous Cardmembers of any Hyatt Credit Card who received a new Cardmember bonus within the last 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
- 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)
The main question on everybodies mind is, does the Chase 5/24 rule apply to this card? Simple answer is I have no idea yet. The old card didn’t, so I’m hopeful that this is the case here as well.
Looks like the old card is still available here, (card no longer showing) although of little interest due to the fact you’re not eligible for the bigger bonus on this new card if you’ve received a bonus on that card within the last 24 months or currently hold the card. The main differences between the two cards are:
- Sign up bonus (60,000 vs 40,000 points)
- Annual fee ($95 vs $75)
- Earning rates (extra 1x point on Hyatt purchases and some other 2x categories)
- Ability to earn a second free night annually
- Ability to earn elite night credits
- 5 free elite night credits annually
I’m not sure the old Hyatt card made a lot of sense keeping long term and I feel the same way about the new card. That being said if you value the free night certificate highly or spend a lot at Hyatt it might make sense for the elite night credits/free night certificates but overall I’d say the bigger sign up bonus is the main attraction. It will be interesting to see if they always offer points or if they will ever offer free night certificates instead.
Should I apply now?
I wouldn’t recommend applying yet, as usually you can get the same offer to appear with a $50 statement credit by doing a dummy booking when it comes to Hyatt cards. Currently the bonus when doing a dummy booking is just a $150 statement credit with 30,000 points.
Does the 5/24 rule apply?
Will they offer an upgrade offer from the old card to new card?
Yes, there is an upgrade bonus of 2,000 points.
Will the old card continue to be offered?
It’s still be advertised currently. Update: No longer showing.
I’ve had the old card for 24+ months, can I cancel & sign up for & get the bonus on this card?
Keep in mind the 24 month clock looks at when you last received the sign up bonus, not when you signed up for the card. If it has been 24 months since you received the sign up bonus on the Hyatt card you can cancel and then get the sign up bonus on this new card but you need to wait 30 days between cancelling and applying.