World of Hyatt Credit Card Review

World of Hyatt Credit Card ReviewLearn How to Apply
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The World of Hyatt credit card issued by Chase will appeal to travelers who frequent Hyatt properties. Anytime you are considering carrying a card with an annual fee of any amount, you have to consider how easy it is, and how likely you are, to make purchases that will cover the annual fee
Annual Fee:
$95

Intro APR:
15.99%-22.99%.

Bonus Offer:
Cardholders can earn 30,000 bonus points
MarketBeat has partnered with CardRatings for our coverage of credit card products. MarketBeat and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Last updated on Friday, May 14, 2021 | MarketBeat Stiaff

The World of Hyatt credit card issued by Chase will appeal to travelers who frequent Hyatt properties. Anytime you are considering carrying a card with an annual fee of any amount, you have to consider how easy it is, and how likely you are, to make purchases that will cover the annual fee. In the case of the World of Hyatt, it doesn’t get any easier.  In fact, the most attractive aspect of this card may be the free night stay that cardholders receive on their cardmember anniversary date. That one night can easily cover the $95 annual fee on this card. And from a points-earning standpoint, the World of Hyatt card issues 4x points for every qualified purchase at a Hyatt property.

How Do Users Earn Points?

One of the best features of the World of Hyatt credit card is the generous introductory offer. Currently, World of Hyatt cardholders can earn 30,000 bonus points after they spend $3,000 on purchases in their first three months of opening the account. But it gets better. Cardholders can earn an additional 30,000 bonus points by earning 2x the bonus points per $1 spent in the first 6 months from opening their account on purchases that normally earn only 1 bonus point, on up to $15,000 spent.

Beyond the introductory offer, cardholders get 4x points for every $1 they spend at Hyatt hotels, including in the property restaurants and spas. They also earn 2x the points per dollar on dining at select restaurants, cafes, and coffee shops; airline tickets (if purchased through the airline); fitness club and gym memberships; and local transit and commuting (include rideshare services). And like any reward card, cardholders get 1 point per dollar on all other purchases.

How do Cardholders Redeem Points?

One of the primary reasons to have the World of Hyatt card is to use the points you earn for free nights and upgrades. At Category 1 hotels, the redemption rate for a free night starts at 5,000 points per night. For a Category 8 hotel, that jumps to 40,000 points per night. And premium suites at Category 7 hotels go for up to 60,000 points. This is slightly less expensive compared to other hotel cards.

In terms of upgrades, 3,000 points can get an upgrade to a Club room, and between 6,000 and 9,000 points will provide an upgrade to a suite.

Another way to redeem points is to transfer them to airline partners. However, the transfer ratio of 2.5:1 is not efficient. Cardholders can also redeem points for dining, spa visits, Lindblad expeditions and other guest experiences.

Yet another redemption option is to book Points and Cash awards. Cardmembers pay half the normal points price and half the standard cash rate.

What Other Member Benefits Are Included?

As a loyalty card for Hyatt guests, a significant benefit of card ownership is getting automatic Discoverist status in the Hyatt tier of elite status levels. Without the World of Hyatt card, guests would have to earn 25,000 points or stay 10 qualifying nights each calendar year in order to reach this level.  Achieving this level gives cardholders the following benefits:

  • 10% bonus on points earned on eligible room rates and incidental charges.
  • An upgrade to a preferred room (based on availability).
  • Expedited check-in and, when available, late checkout (2 p.m.).
  • Waived resort fees on free night awards.

And being a World of Hyatt cardholder provides a potentially expedited path to Explorist status, the next level of elite status. This provides additional benefits such as 20% bonus points on eligible spending. Here’s how cardholders can reach this status:

The Explorist level, without the card, requires 30 qualifying nights. But just becoming a cardmember provides credit for 5 nights. And cardholders earn two additional nights for every $5,000 they spend on the card. The ability to earn a higher elite status strictly through spending is an option that is not found on many hotel rewards cards.

And although not as rich as some other credit cards, the World of Hyatt card does offer additional member benefits that can easily make up for the $95 annual fee. For example, cardholders may get baggage delay insurance of up to $100 a day for up to five days. And if their bags are lost or damaged, they may get up to an additional $300 per passenger.

In addition to those benefits, Chase (the underwriter of the card) may reimburse up to $500 per ticket for unreimbursed expenses if a trip is delayed by more than 12 hours or requires the user to stay overnight.

And like most cards of this stature, cardholders have purchase protection of up to $500 per claim on new purchases for 120 days against damage or theft (this has a cap of $50,000 per account). And cardholders will pay no foreign transaction fees.

What is the Annual Percentage Rate (APR)?

The card comes with a current APR between 15.99%-22.99%. This is competitive with other cards in this category. This is a variable rate that fluctuates with the prime rate that is based on the federal funds rate set by the Federal Reserve.

Do You Qualify?

The World of Hyatt card requires individuals to have a good to excellent credit. In this case, the recommended credit score is between 690 and 850. This is consistent with virtually any card in this category. Also, because the card is issued by Chase, applicants should be mindful of Chase’s 5/24 rule. This simply means that Chase will be likely to deny an application if the applicant has applied for more than five cards in the prior 24 months regardless of credit score.

What Cards Are Similar to the World of Hyatt Card?

Frequent travelers who are not loyal to the Hyatt brand may find the Marriott Bonvoy Boundless credit card to be an option. Cardholders automatically qualify for Silver Marriott elite status, get a free night on their anniversary date, and can earn up to 17x Bonvoy points per $1 spent at Marriott properties and 2x points on everything else. All for a $95 annual fee.

Staying in the Chase family of cards, you may want to consider the Chase Sapphire Preferred Card. The Ultimate Rewards points cardmembers earn can transfer 1:1 to World of Hyatt. While cardmembers don’t get the 4x bonus at Hyatt properties, they would get 2x points on travel and dining and 1x on everything else. The Sapphire preferred card also provides the opportunity to earn 80,000 bonus points as an introductory offer. This could make it an ideal card for cardmembers whose primary goal is to earn free nights and not about earning elite status.

Does the Card Have Limitations?

The World of Hyatt card is an exceptional card for travelers who frequently patronize Hyatt properties. But it’s not the best point-earning card for dining and airline tickets. So if your objective is to maximize your points on entertainment purchases, there are better card options. Another potential limitation is the Hyatt brand footprint. While extensive, it is a bit smaller than other hotel chains so card members should be aware of where they frequently travel to make sure there is an option to stay within the Hyatt family. Plus, the card does qualify as one card that falls under the 5/24 rule. That means if you have applied for more than five credit cards in the prior 24 months, Chase will deny your application.

Conclusion

The World of Hyatt credit card by Chase is designed for the individual who frequently stays at Hyatt properties and values the perks that come from elevating their hotel status. The free night that card holders earn on their anniversary date pays for the annual fee. And the points they earn from everyday spending can allow them to quickly elevate their elite status level.

 

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