Chase World of Hyatt Credit Card Review

Chase recently released the Chase World of Hyatt credit card to replace the "old" Chase Hyatt card. The Chase Hyatt card was already a keeper hotel card in my book, and I'm excited about the increased earning potential of the new World of Hyatt card. 

Chase World of Hyatt Credit Card

  • Annual fee: $95, not waived the first year

  • Welcome bonus: 60,000 Hyatt points after $6,000 in spend

    • 40,000 Hyatt points after $3,000 in spend within the first three months

    • 20,000 Hyatt points after an additional $3,000 in spend within the first six months

  • Automatic Discoverist status

  • Status boost:

    • 5 nights towards status each year

    • 2 nights towards status every $5,000 spend (no cap)

  • 4x points for every $1 spent on Hyatt hotels (advertised as 9x, but it's really 4x since you get 5x anyway)

  • 2x for dining/cafes/coffee shops

  • 2x for airline tickets (directly w/ airlines)

  • 2x for local transit/commuting/taxis/tolls/rideshare

  • 2x for fitness/gym

  • 1x for everything else

Is the Chase World of Hyatt affected by the Chase 5/24 rule?

[Update 11/2018]: The World of Hyatt card is now affected by the Chase 5/24 rule.

As of right now, the Chase World of Hyatt card is not affected by 5/24, but that could change in the future. Chase plans to slowly expand the rule to co-branded cards, but there's not a public deadline. 

Chase World of Hyatt: Signup Bonus

The Chase World of Hyatt signup bonus is up to 60,000 when you spend $6,000 within the first six months of account opening. The signup bonus is broken down into two tranches.                   

  • Total: 60k Hyatt points after $6,000

    • T1: 40k Hyatt after $3,000 MSR (first 3 months)

    • T2: 20k Hyatt after an additionial $3,000 (first 6 months)

Value of points

In our previous post, I mentioned that Hyatt is one of the best transfer partners for Chase Ultimate Rewards because you can get 2 cents per point (CPP), depending on the Hyatt property. If you use points at a popular property, you can get 3-4 CPP.

  • 2 cents per point (conservative)

  • 3 CPP to 4 CPP (high demand / conventions OR aspirational)

Return on spend

When we use the conservative valuation of 2 CPP, the total return on spend (ROS) for the 60,000 point signup bonus is 20%.

  • Total: 60k * 2 CPP = $1,200 value / $6,000 MSR = 20% ROS

    • T1: 40k * 2 CPP = $800 value / $3,000 MSR = 26.7% ROS

    • T2: 20k * 2 CPP = $400 value / $3,000 MSR = 13.3% ROS

If you spend the 60k signup bonus at Category 1 hotels, you can stretch it out to 12 nights since each night costs 5,000 points. 

One of the main benefits of using Hyatt points to book a stay is that you don't have to pay any additional taxes or fees. 

Who is eligible for the Chase World of Hyatt signup bonus?

You will not be eligible for the Chase World of Hyatt signup bonus if:

  • you are a current card member of any Hyatt credit card

  • you are a previous card member of any Hyatt card who received a new signup bonus within the last 24 months

Chase World of Hyatt: Point Multipliers    

The Chase World of Hyatt has new spending categories that are attractive to the millennial market like local transit, ride shares, dining, and gyms. 

One thing that was misleading was the 9 points per every $1 spent at Hyatt hotels. You would receive 5x points anyways just for having status, plus the 4x points for dining. 

Below are the return on spend calculations for each category based on a 2 CPP valuation. 

Point Multiplier Categories

  • 4x for Hyatt * 2 CPP = 8% ROS

  • 2x for dining/cafes/coffee shops (4% ROS) * / **

  • 2x for airline tickets (directly w/ airlines) (4% ROS) * / ***

  • 2x for local transit/commuting/taxis/tolls/rideshare (4% ROS)*

  • 2x for fitness/gym (4% ROS)

  • 1x for else (2% ROS)

* CSR = 4.5-6% ROS (travel)
** Uber = 4% ROS (cash)
***  Amex Plat = 6-10% ROS (cash & travel)

The * 's above indicate that you may get better value from the 2x categories if you use an alternative card. For example, if you use the Chase Sapphire Reserve for dining purchases, Ultimate Reward points can yield a 4.5-6% ROS when you redeem points for travel.

Free anniversary night

The Chase World of Hyatt card is a keeper card because it gives you a free anniversary night each cardmember year. 

This means that if you signup for the card now, you'll receive a free night certificate in 12 months when you renew the card. 

Since the annual fee is $95, if you redeem the night at a property worth more than $95/night, you'll get positive expected value. 

If you find a property for $300, you're gaining $205 in value ($300 - $95).

You can also earn an extra anniversary night if you spend $15,000 on the card within your cardmember year. 

Hyatt status

By having the World of Hyatt card, you'll automatically get Discoverist status as long as the card is active. 

Hyatt status levels:

  • Member => Discoverist => Explorist => Globalist

Hyatt points don't expire if you have an active Hyatt credit card. Otherwise, points expire after 24 months of inactivity.

To help you earn a higher status, the World of Hyatt card has status boost benefits.

Status boost:

  • 5 nights towards status each year

  • 2 nights towards status every $5,000 spend (no cap)

How to get status:

  • Explorist = 30 night (OR 50k base points OR 10 meetings)

  • Globalist = 60 night (OR 100k base points OR 20 meetings)

As a reminder, the status nights are not the same as free night certificates. 

How to upgrade to the new World of Hyatt card

Upgrade offers will be sent to current Hyatt credit card holders in July, but I recommend holding out to see if there are increased upgrade offers in the future.

The current upgrade offer is only 2,000 Hyatt points, which isn't great.