The rumors were true.
World of Hyatt has finally gotten a business credit card from Chase.
Chase Introduces The World Of Hyatt Business Credit Card
Does the World Of Hyatt Business Credit Card belong in your wallet?
Let’s take a look.
FHOP Tip: You can now apply for the Chase World Of Hyatt Business Credit Card here with this referral link.
The 75,000 Point Introductory Bonus
The first-ever introductory bonus for this card is for 75,000 World of Hyatt bonus points after meeting the required spending of $7,500 within the first 3 months.
I value World of Hyatt points [conservatively] at 1.5 cents per point, so this 75,000 point offer could easily be worth about $1,125.
FHOP Tip: The bonus could also potentially be worth much more than that if the points are used at places like the Ventana Big Sur or the Park Hyatt Paris-Vendome.
The $199 Annual Fee
Sure, the 75,000 bonus points are great and all, but they do come at a price – a $199 annual fee.
To determine if it’s worth it, let’s take a look at the benefits of the Chase World of Hyatt Business credit card.
The Earning Structure
The business card earns 9X total points on eligible Hyatt spending, and 2X on fitness clubs and gym memberships.
Unlike other Chase cards, the earning structure on this business card has an “adaptive accelerator” feature that adjusts the additional “2 point categories” each quarter to align with the category in which you are spending the most (see the image below).
The card earns 1X on everything else.
The Benefits
The business card comes with two $50 credits ($100 total) for each anniversary year.
It also provides automatic World of Hyatt Discoverist status and the ability to gift that status to up to five employees. In my opinion, Discoverist status isn’t really worth much except for late check-outs and free parking at M Life hotels (with a status match to M Life Pearl).
The most interesting benefit is perhaps the ability to earn 5-Tier Qualifying nights for every $10,000 spent (which is 25% better than the personal version of the Hyatt card). This means big spenders can “spend their way” to the top-tier Globalist status faster with the business card.
There is also the ability to earn 10% points back on redemptions, but only AFTER spending $50,000 in that same year – and the maximum amount of points you can earn back is limited to just 20,000 points.
Lastly, the business card allows access to the Hyatt Leverage program (which can save up 15% on a paid stay) by essentially waiving the normal business requirements to activate or maintain membership in the program.
The Bottom-Line: Chase Introduces The World Of Hyatt Business Credit Card
As you know, I am a HUGE fan of the personal consumer version of the Chase World of Hyatt credit card.
However – as much as I wanted to love the business version of the card – I can’t really find anything particularly essential or even compelling about the Chase World of Hyatt Business Credit Card.
On the plus side, the business card’s 75,000 point introductory bonus is excellent (even better than the best offer on the personal version of the Hyatt card), the annual fee is essentially $99 when you factor in the $100 in Hyatt credits, and the card provides a “quicker way” to earning Hyatt status over the personal card once you exceed $60,000 in spending. Big spenders can “spend their way” to Globalist status faster on the business card with $120,000 in spending versus the $137,500 required on the consumer version of the Hyatt card.
On the negative side, there are no “free nights” with this card, the “adaptive accelerator” earning structure is weak at just 2X points (worse when considering the spending category overlap with other Chase Ultimate Rewards cards), the 10% points back benefit is rendered almost useless considering you can’t use it until AFTER you spend 50,000 in a year AND the limit on receiving points back is limited to just 20,000 points back.
One can hope Chase will see the World of Hyatt Business Credit Card for the lukewarm dud that it is and quickly move to adjust the business card’s benefits to make it more interesting and complimentary to the personal version of the card, but I wouldn’t hold my breath (at least for now).
Oh well, I guess we can still hold out hope for that long-rumored, “ultra-premium” World of Hyatt credit card. We’ll have to wait and see.
