Contents
The Offer
- Chase/Hyatt have sent out targeted e-mails/letters for the following bonus on the Chase Hyatt card:
- Receive 50,000 Hyatt points after $1,000 in spend
- Receive 5,000 Hyatt points after adding an authorized user and they make their first purchase
Card Details
- Annual fee of $75 is waived for the first year
- Card earns at the following rates:
- 3 points per $1 spent at all Hyatt properties
- 2 points per $1 spent at restaurants, on airline tickets purchased directly from the airline, and at car rental agencies
- 1 points per $1 spent on all other purchases
- No foreign transaction fees
- Platinum status as long as you’re a card member
- 1 free night at a category 1-4 property on your card anniversary every year
- Offer valid until November 30th, 2015
How To Get Targeted
There is no sure fire way to get targeted for this offer, unlike some other card offers. The e-mail/letter people receive has a unique code that can only be used once, it’s possible it’s not tied to a particular name/person but we can’t confirm that for sure. Mortgasm on /r/churning had this to say in regards to getting targeted:
Wife got this. She has a new (last few months) Hyatt Account with 0 points. I just signed up for a new account to see if I can get one. She has till 11/30 to apply.
It’s possible new accounts are being specifically targeted, but lots of people with aged Hyatt accounts also got the offer. I suspect Chase is just testing this new offer (they have sent it out in the past to even fewer people) to see how it converts to the standard two night offer and what retention/spending is like for those customers that do sign up.
Comparison To Two Free Night Offers
The Chase Hyatt card currently has two offers:
- Chase Hyatt Visa Now 2 Free Nights Anywhere, $50 + 5,000 Points (requires you to have stayed at a Hyatt property recently)
- Chase Hyatt 2 Free Nights + 5,000 points
The two free nights can be used at any Hyatt property worldwide, but they have a one year expiry (points on the other hand expire after 24 months of no activity). Hyatt has seven different award levels that cost the following amount of points:
- Category 1: 5,000 points
- Category 2: 8,000 points
- Category 3: 12,000 points
- Category 4: 15,000 points
- Category 5: 20,000 points
- Category 6: 25,000 points
- Category 7: 30,000 points
Basically the free night offer is only better if you plan to redeem your free night certificates for category seven properties (you could argue that category six properties would also be better as you could possible also get the $50 statement credit). In total there are only seven category seven properties in the Hyatt program, so I think the vast vast majority of people will be better offer with the 50k point offer.
Our Verdict
I predicted some changes to the Hyatt card and one of them was a 50,000 point offer, it’s a shame this one is targeted but I suspect Chase & Hyatt will both be happy with the uptake of this offer and it’ll eventually become a public offering. It’ll b interesting to see if any of my other predictions come to fruition or not.
If I got targeted for this Hyatt offer, I’d definitely jump on it. I actually like most Hyatt properties (even though they are still cookie cutter like most chain hotels), but what I like in particular is that they have category 1 properties in places I actually want to stay. This offer would be 11 nights at a category one property and I could see myself easily using those points up (I quite often transfer my Chase UR to Hyatt for this reason, so this would make this offer worth at least $550 in cash as I could instead turn those Chase UR into cash).
Hat tip to urproblywrong via /r/churning
