Review: Hyatt Credit Card

Hyatt Hotels, in partnership with Chase, offers a credit card that helps you earn free nights at Hyatt properties. But the card itself is not free. Is it worth the annual fee? Our overview / review is below:

The World of Hyatt Visa credit card has a $95 annual fee, so the benefits you earn should always be weighed against that fee. Are you earning more with the card than that annual fee? Could you be earning more on the same purchases with a different credit card? And, of course, how desirable are free Hyatt hotel stays versus other rewards you might earn with other cards?

Those questions can only be answered by you. But we can look at what the Hyatt credit card offers to help you figure out if this may be the right card for you.


EARNING POINTS

So let’s look at those rewards, starting with the point-earning structure. The Hyatt credit card offers you:

  • 4 points per dollar on Hyatt purchases. Note that this is on top of the 5 base points per dollar you’ll earn via the World of Hyatt loyalty program, for a total of 9 points per dollar on Hyatt purchases.
  • 2 points per dollar on a wealth of other purchases, including transit costs (taxis, subway, tolls, etc.), restaurant purchases, airline tickets purchased directly from the airline, and gym memberships.
  • 1 point per dollar on everything else.

BONUS OPPORTUNITIES

You can also earn:

  • 40,000 bonus points if you spend at least $3000 with the card in the first three months of having it.
  • 20,000 more bonus points (for a total of 60,000 points) if you spend at least $6000 with the card in the first six months of having it.

HOW MUCH ARE POINTS WORTH?

Like many hotel loyalty programs, Hyatt has different point categories depending on the location and amenities of its hotels. A free night at a Hyatt hotel could be had for as little as 5000 points or as much as 30,000 points, so we’d estimate the points you earn as being worth 1.5 to 2 cents per point, depending on where you want to stay.

OTHER PERKS

You’ll also get (or could get):

  • One free night per year on the anniversary of having the card (once you’ve paid the annual fee). This free night is in a Category 1-4 Hyatt hotel, which is the lower-end of the scale in terms of desirability. (Hyatt classifies its hotels from Category 1 to Category 7, with Category 7 being the highest-priced properties.)
  • Another free night per year (again, Category 1-4) on the card anniversary if you’ve spent $15,000 or more with the card in the previous 12 months.
  • “Discoverist” status in the World of Hyatt loyalty program, with opportunities to earn points toward higher status levels. You get 5 qualifying night credits per year, plus 2 more credits for every $5000 spent with the card.

OVERALL, THUMBS UP

Looking at all of the features of the World of Hyatt Visa, we give it a thumbs up in terms of the value you get in comparison to that $95 annual fee. Generous point-earning potential, coupled with nice bonus opportunities, means you get a lot without paying much.

That said, this card is best for those who already stay at Hyatt hotels regularly and/or those who spend a lot on their credit cards in order to reach bonus opportunities. If you don’t have any Hyatt relationship and/or you don’t spend much with your credit cards, you will obviously have a harder time maximizing the potential of this card.