According to an article from The Points Guy, the World of Hyatt intro offer will decrease from 60,000 to 50,000 points starting on January 10, 2019. If you want the 60,000 point bonus, be sure to apply by Jan 9, 2019.
The World Of Hyatt Credit Card
Current intro offer:
Earn 40,000 points after $3,000 spend within the first 3 months of account opening
Get an additional 20,000 points after spending a total of $6,000 within the first 6 months of account opening
Starting on Jan 10, 2019:
Earn 25,000 points after $3,000 spend within the first 3 months of account opening
Get an additional 25,000 points after spending a total of $6,000 within the first 6 months of account opening
The World of Hyatt is a long-term keeper card in my book because you receive a free anniversary night each cardmember year.
Value of Hyatt Points
Hyatt is a Chase Ultimate Rewards partner that transfers at a 1:1 rate.
60,000 Chase = 60,000 Hyatt
Hyatt points can typically be redeemed for 2 cents per point in hotel value. The 60,000 point intro offer is worth $1,200 if you pick the right properties to redeem points.
= 60,000 Hyatt points * 2 cents per point
= 60,000 * 0.02
Category 1 Properties
One of the benefits is that a Category 1 redemption costs 5,000 points per night.
If you only redeemed the intro offer at Category 1 (5,000/night) properties…
= 60,000 / 5,000
= 12 nights
The target value I usually aim for is a Category 1 property that retails for more than $100/night.
Target value: $100+ / night
Why? >2 cents per point
Category 5 Properties
A Category 5 redemption costs 20,000 points per night. The target value I usually aim for is a Category 5 property that retails for more than $400/night.
Target value: $400+ per night
Why? >2 cents per point
Here are a few more point valuations based on the retail cost of the property:
Price + taxes/fees (15%) + $37 resort fee (per day)
$200 + $30 + $37 = $267 = 1.3 CPP (bad)
$250 + $37 + $37 = $324 = 1.6 CPP (fine)
$400 + $60 + $37 = $550 = 2.5 CPP (good)
Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
UGC disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.