The Offer
- Chase is offering a bonus of up to 60,000 points on the Chase Hyatt card. Broken down as follows:
- 30,000 bonus points after $3,000 in spend within the first three months of account opening
- An additional 2 points per $1 spent, up to $15,000 in spend for the first six months
Card Basics
- The product is not available to either (i) current Cardmembers of any Hyatt Credit Card, or (ii) previous Cardmembers of any Hyatt Credit Card who received a new Cardmember bonus within the last 24 months.
- Annual fee of $95
- Card earns at the following rates:
- 4x points per $1 spent on Hyatt hotels (they advertise this as 9x, but it’s 4x plus the 5x you normally get anyway)
- 2x points per $1 spent on local transit and commuting (including taxis, mass transit, tolls and ride-share serivces)
- 2x points per $1 spent on restaurants, cafes and coffee shops
- 2x points per $1 spent on airline tickets purchased directly from the airlines
- 2x points per $1 spent on fitness clubs and gym memberships
- 1x points per $1 spent on all other purchases
- Receive up to two free nights annually:
- One free night at any category 1-4 Hyatt property every year after your card member anniversary
- An additional free night at any category 1-4 Hyatt property if you spend $15,000 during your card member anniversary year
- Status:
- World of Hyatt Discoverist status for as long as the card is open
- 5 qualifying night credits towards your next tier status every year
- An additional 2 qualifying night credits towards your next tier every time you spend $5,000 on the card (no limit)
Our Verdict
We’ve previously seen a 60,000 offer that only required $6,000 in total spend, whereas this new offer requires $15,000. Even the targeted 70,000 offer only required $10,000 total spend. Personally I think the spend requirement is too high as the standard offer is 50,000 points requires only $6,000 in total spend. This is an extra 10,000 points but requires an extra $9,000 in spend, so you’re only really getting an extra 1 point per $1 spent.
The spend requirement doesn’t matter for those that chase the free night certificate after spending $15,000 in a cardmember year as obviously you’d already be spending $15,000 anyway. Because of that reason I will add this to the best credit card bonuses, but this bonus obviously isn’t for everybody.
