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World of Hyatt has today announced that the the World of Hyatt Credit Card is now offering new cardmembers the chance to choose between two different welcome bonuses on the card — and with either bonus, you will also get 10 elite night credits in 2020 and another 10 elite night credits in 2021. If you’ve been considering a Hyatt Globalist mattress run (see: Rocking Hyatt’s overlapping promos: How to claim 2 years of top tier status. and Justifying the big Hyatt mattress run: is it worth using points for a “cash” stay?), this could shorten your path.
The Offers & Key Card Details
Funny enough, Greg and I have recently talked about how we expected to see an increased offer on the World of Hyatt credit card on our Frequent Miler on the Air show. It was the only major hotel credit card that hasn’t seen an increase in offer and one of the only consumer rewards credit cards offered by Chase that hadn’t seen an increase in the months following the height of the pandemic in the US. We smelled something coming.
And in fact in the comments on my post about mattress running the Hyatt promo yesterday, a couple of readers noted that I should get the credit card. Greg and I recorded this week’s FM on the Air yesterday (it won’t publish until tomorrow) and we both agreed that the time wasn’t right to apply because we guessed that we’d see an increase in the offer sometime in the next month or so. Little did we know at that time that we would see a new offer before we even published the show (and now I have to toss in a quick voice-over edit before we publish that for those who listen tomorrow!).
What we didn’t know during our discussion was that Hyatt would double the number of elite nights that come with the card. Ordinarily you get 5 elite nights — now you’ll get 10 this year and 10 next year. That can be useful for getting you closer to milestone rewards or status. In my case, as I was planning a 30-night stay that ends in January in order to earn a total of 60 elite nights in January (30 for my stay and 30 as part of the current promotion), getting this credit card would mean that I could cut that stay down to 25 nights, potentially saving me a couple hundred dollars.
In terms of the welcome bonuses, I’m kind of intrigued at the choose-your-own adventure nature of this one. While both of these offers have been available for a while (you could sometimes see the $200 statement credit plus 1 free night offer during the booking process on Hyatt.com), it’s nice to get the option and not have to hunt around if you prefer a different offer.
I should note though that the reason we hadn’t previously listed the $200 statement credit plus 1 free night version on our Best Offers page is because it is clearly an inferior offer. It requires less spend, but the Category 1-7 free night certificate can only save you a maximum of 30K points, meaning that you’re trading away the chance to earn 20K more points for a $200 statement credit. I value 20K Hyatt points significantly more than the $200 statement credit (and I don’t value a Cat 1-7 cert at the full 30K points since 30K points don’t expire in a year and can be used over multiple stays). Even if you know that you’ll get good use out of the Cat 1-7 cert then you also know you could get great use out of the points version of the offer since you could use 30K points to book the same hotel. Unless the required spend is a large hurdle, I’d recommend the points offer here without hesitation.
All that said, I’m fairly disappointed in this announcement. That might stand in contrast to the tone of the previous paragraphs, but the fact here is that the only increase to the offer here is 5 bonus elite nights in 2020 and 5 bonus elite nights in 2021. I’m happy to take extra elite night credits, but I’m surprised that that’s it. Sure, you pick up the choice between the offer that has been available for months (years?) on this card and a new inferior version that you could have found on your own already, but that’s not much to compete with the new bonuses we’ve seen on the Marriott cards for instance. We long ago used to regularly see an offer for 2 free nights at any Hyatt property in the world and we have since seen an offer as high as 60K. I had expected we may have gotten an offer like those when the offer changed. That’s not to say that I think this card isn’t worthwhile — indeed it is, I just hoped we’d see something more coming.