New World of Hyatt Business Credit Card – Welcome Offer & Details
Well we had been hearing rumblings of a new World of Hyatt card. We had thought that it was going to be a premium personal card. But it turns out that we were slightly off there. It is instead the World of Hyatt Business credit card! I know this was something many people were hoping for, especially since Chase business cards don’t count towards Chase 5/24 status. Let’s take a look at the offer and the new World of Hyatt Business card details.
It should go live at some point today – doesn’t appear to be up yet.
World of Hyatt Business Card Welcome Offer
Here are the terms of the welcome offer:
- Earn up to 75,000 Bonus Points after spending $7,500 within the first three months from account opening.
- Cardmembers who apply by Dec. 31, 2021, can receive a complimentary one-year Headspace subscription (valued at $69.99 per year)
- The Headspace subscription must be redeemed by Dec. 31, 2022.
- Annual fee of $199 is NOT waived the first year.
Card’s Earning Structure
Here is the earning structure for the new World of Hyatt Business card:
- Earn 2 Bonus Points per $1 spent on your top three of eight spend categories each calendar quarter through Dec. 31, 2022
- It will be the top two of eight spend categories in 2023 and beyond. There is no cap on the Bonus Points you can earn.
- Spend categories include:
- airline tickets purchased directly with the airline
- car rental agencies
- local transit and commuting
- gas stations
- internet, cable and phone services
- social media and search engine advertising
- Spend categories include:
- 4x points on stays at Hyatt hotels and resorts, including participating restaurants and spas.
- 2x points for fitness club and gym memberships
- 1X point on all other purchases
Here are the perks for the new World of Hyatt Business card:
- 5 Tier-qualifying night credits with each $10,000 in spend on the card in a calendar year.
- Earn $100 in Hyatt credit each anniversary year: Spend $50 or more at any Hyatt property and earn $50 in statement credits up to two times each anniversary year
Spend $50,000 or more on the card in a calendar year and receive 10% of redeemed points back as Bonus Points for the remainder of the calendar year
- Here are some additional benefits of cardmembership:
- World of Hyatt Business Credit cardmembers can gift up to 5 Discoverist statuses to their company employees
- No fee for employee business cards
- No foreign transaction fees
- Complimentary roadside dispatch
- Primary rental car collision damage waiver
- Extended warranty protection
- Purchase protection
- Trip cancellation/travel interruption insurance
- Travel and emergency assistance services
- Access to Hyatt Leverage, Hyatt’s global business travel program that offers special rates to qualifying small and mid-sized enterprises at participating Hyatt hotels worldwide
My Initial Thoughts
I’ll go into more detail when I have more time to digest the new World of Hyatt business card later this week. My initial take is a bit mixed:
The 75,000 World of Hyatt points welcome offer is as high as we have seen a Hyatt card offer but it is in line with the Ink Cash and Ink Unlimited which can transfer to Hyatt if you have a premium Chase card.
This card also comes with a $199 annual fee where the Ink Cash and Ink Unlimited do not. It should be easy to offset $100 of the fee every year with the hotel credits. And the no fee Ink cards require a premium card to unlock the points so I guess that comes in about even.
The earning structure falls slightly flat for me. Unless you don’t have a few other cards I think you can do better elsewhere. You can earn 2X on gas with the Ink Cash or 4X with the Amex Gold Business card etc. Dining is 3X with the no fee Freedom Flex and with the Chase Sapphire Preferred. So I don’t know that this offers a ton of value.
Here is where the card shines a bit. If you like Hyatt status I think you will perk up here. You can earn 5 elite night credits per $10,000 in spend. With the World of Hyatt personal card you only earn 4 elite night credits for the same spend. That gives you 25% more. I do wish the card came with some elite night credits to start off like the personal card. It would be even better if they would stack too like Bonvoy does. Sadly, it doesn’t appear that is the case though.
The 10% back in points after spending $50,000 is very interesting too. This will be based on calendar year, like the World of Hyatt card’s 15K free night spend starting next year. Once you hit that number you get 10% of your points back for the remainder of the year. You would also earn 25 elite night credits for the spend, almost halfway to Globalist. It does stink that it only gets you 10% back after hitting the spend. If you spend a lot, and can hit it early in the year, this essentially increases your earn rate for Ultimate Rewards, or Hyatt cards, 10% more. That is assuming you transfer the Ultimate Rewards to Hyatt of course. Depending on your travel patterns this could be big savings each year.
New World of Hyatt Business Card Final Thoughts
The new World of Hyatt Business card was so close to being really good. It is missing a free night certificate and the chance to earn one via spend. The lack of elite night credits to give you a head start on the year is a miss in my opinion as well.
This card will be interesting to anyone that chases Hyatt Globalist status. The increased earn rate on spend for elite night credits is nice. Plus, the chance to get 10% back on award stays is tempting. The spend requirements for that will be out of reach for most though, $50,000 is a steep hill to climb.
It will also be of interest to people under Chase 5/24 and already maxed out on Ink business cards too I think. More options is never a bad thing.
What do you think about the new World of Hyatt Business card? Share your thoughts below. It definitely is not as good as the card I had dreamed up.