World Of Hyatt Business Credit Card Review: Is It Worth Your Attention?

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REVIEW OVERVIEW

Features
Welcome Offer
Long-Term Keeper

Quick Take

The new World of Hyatt Business Credit Card will be attractive to businesses that spend a lot and are happy to earn elite night credits because of it. For the casual user, the card lacks free night certificates that are common with most hotel credit cards.
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World Of Hyatt Business Credit Card Review

World Of Hyatt Business Credit Card Review

Chase publicly released this card on October 6, 2021. Given that it is a completely new product, a review of the World of Hyatt Business Credit Card will help to unpack all of the information. Let’s look at the welcome offer (and its overall value), application rules for who is eligible for this card, and then the features of the card. This will help us arrive at the end: is this card a long-term keeper or not?

Welcome Offer

The current welcome offer for the launch of the World of Hyatt Business Credit Card is as follows:

  • 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.
  • Learn More

card art

Welcome Offer Restrictions

As with all cards from Chase, there are several application rules to keep in mind.

First, you must be under 5/24 to apply for this card. While business credit cards from Chase will not add to your 5/24 count, you must be under 5/24 to apply. More about this rule here.

Additionally, there is a hard rule of 2/30 for personal credit cards but a recommendation of 1/90 for business cards. What does that mean? You cannot be approved for more than 2 Chase credit cards within 30 days. However, business cards are more difficult in the approval process, so the recommendation is to apply for 1 business card every 90 days.

Since this is a new card, lifetime restrictions or “you cannot earn this welcome offer if you previously…” will not apply to anyone.

You can read more about Chase’s application rules here.

American Express does sometimes have targeted offers with no once per lifetime language.

World of Hyatt Business Card Review

Earning Structure

The World of Hyatt Business Credit Card comes with the following earning structure:

  • 2X World of Hyatt points per $1 spent on your top three of eight spend categories each quarter through December 31, 2022
  • Beginning January 1, 2023, you will earn 2X on the spend in your top two categories.
  • There is no cap on points earning.
  • Spend categories include:
    • dining
    • 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
    • shipping
  • 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.

You can compare this to other card earning opportunities in our list of credit card bonus categories.

Cardmember Perks

The World of Hyatt Business Credit Card comes with the following perks:

  • Automatic Discoverist status (the lowest tier in World of Hyatt)
  • 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
  • Additional perks include:
    • The ability to gift Discoverist status to up to 5 company employees
    • No fee for employee business cards
    • No foreign transaction fees
    • Complimentary roadside dispatch
    • Primary rental car collision / damage waiver coverage
    • 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
  • Learn More

Hyatt Hotel

Annual Fee

The World of Hyatt Business Credit Card has a $199 annual fee which is NOT waived.

Welcome Offer Value – $1,500 (Net $1,301)

World of Hyatt points are worth a minimum of 1.7 cents a piece from our research. Typically, they’re worth even more in practice, often earning a value of at least 2 cents per point.

Assuming a value of 2 cents per point, 75,000 points from the welcome offer would be worth $1,500. When you subtract the annual fee ($199), the overall value of the welcome offer is $1,301.

The welcome offer is comparable in number of points to other Chase business cards, such as the Chase Ink Business Cash and the Chase Ink Business Unlimited. Both of those can earn 75,000 Ultimate Rewards points after spending $7,500 within the first 90 days. A key difference is that neither of those cards has an annual fee.

Summary

The World of Hyatt Business Credit Card has some interesting qualities for Hyatt fans.

Tier-Qualifying Nights

The World of Hyatt Card (personal) earns 2 tier-qualifying nights toward Hyatt status with every $5,000 spent on the card. After spending $10,000 on the card, you would have credit for 4 nights.

With the World of Hyatt Business Credit Card, you earn 5 nights after each $10,000 of spend. That is a 25% increase over earning on the personal card. However, there is no opportunity to earn nights at a lower spending threshold.

$100 Hyatt Hotel Credits

Likely the simples perk on the card to enjoy, you can receive a $50 statement credit in each half of the year after spending at least $50 at Hyatt hotels and resorts. This effectively makes the annual fee on this card $99.

Get 10% Of Your Points Back

For big spenders, you can get 10% of your redeemed World of Hyatt points back after spending $50,000 on the card in a year. Notice that this perk becomes active after spending $50,000 on the card, and it counts toward point redemptions for the remainder of the year–not the whole year.

Spending Categories Adapt To You

There are numerous spending categories on this card, and they adapt to your spending habits. This is a positive for small business owners, as spending categories can change throughout the year. You will earn bonus points based on whatever categories you are currently spending the most in, rather than stuck with categories that may no longer suit you.

World Of Hyatt Business Credit Card Review

Long Term Keep or Cancel

To consider the long-term value of this card, consider the following example.

Imaginary Small Business Owner

For small business owners or Hyatt lovers with a lot of spend to put on the card, this can be a good card. Assuming a small business owner puts $50,000 of spend on the card, that would likely net 100,000 points (assuming they all qualify for the rotating 2x categories and not other earning rates). For the remainder of the year, this person would get 10% of redeemed points back. Additionally, this person would have 25 elite night credits (5 nights at each $10k spent). Explorist status (mid-tier) comes at 30 nights per year, for context.

What’s The Outcome?

While this can sound good, in comparison to other opportunities, it lacks. First, the personal card from Hyatt starts each cardmember with 5 elite night credits per year. The business card does not. While the business card offers a better earning ratio on credit card spend, it must come in bigger chunks.

Additionally, even after this $50,000 of spend on the card, there is no higher level of status or free night award earned. The personal card offers a free night each year when you pay the annual fee PLUS a free night award after spending $15,000 on the card. After spending $15,000 on the card and paying the $95 annual fee, you have 2 free nights and 11 elite night credits. However, after spending $50,000 on the business card, you have no free nights but 25 elite night credits.

What if you matched that spending on the personal card? If you would go on to spend $50,000 total on the personal Hyatt card, you would have 25 elite night credits–just like the business cardholder would (because you start with 5 for free on the personal card). The number of stay credits toward status is the same, but the business card would not provide any free nights to you during this spending. That’s a stark difference in outcomes. You would need to spend at least $60,000 annually on the business card to come out ahead in stay credits, as compared to what you’d get from the personal card. Evaluate which earning style is more beneficial to you.

Comparing To Other Cards

Lastly, when considering bonus categories for points earning, there are other cards that can earn these same rates or better in all areas.

For Hyatt enthusiasts who will put a lot of money on this card, it offers a path toward spending your way to elite status. How? Hyatt Globalist status requires 60 nights of stays or “credits” (from credit card spend) in a calendar year. You could put $120,000 on this card and earn top-tier Globalist status without needing any hotel stays.

For anyone not planning to spend large sums toward the status-earning goal, this may not be a long-term keeper. It lacks free nights and status perks that most hotel credit cards offer.

World of Hyatt Business Credit Card Review – Bottom Line

Bottom line on our World of Hyatt Business Credit Card review: it works for businesses that will put a lot of money on the card and are happy to receive credits toward elite status in return. The welcome offer is attractive, and spending requirements are comparable to other business credit cards from Chase.

The card also comes with perks that are common on most cards these days. It’s likely that other cards in your wallet already offer these perks.

For those who expect free night awards or elite status as a perk on hotel credit cards, this card does not offer either. The ability to earn elite night credits at a higher rate and the effective $99 fee (after using the $100 Hyatt hotel credits) will make this card attractive to some–but likely not to the masses.

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4 COMMENTS

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4 COMMENTS

  1. With rumors of a new Chase/Hyatt card, I was hoping for a premium ($495 annual fee) World of Hyatt Infinite Visa offering:
    — Category 1-7 free night certificate (instead of Cat 1-4 for the regular WOH Visa card) each card anniversary
    — An additional Cat 1-7 free night certificate after $30K of spend during the calendar year
    — Complimentary Explorist status (versus Discoverist status for regular WOH Visa)
    — 5 free elite night credits, plus 2 elite night credits for every $5K of spend (same as and stackable with regular WOH Visa)
    — Primary car rental insurance

  2. How does the 10% point rebate feature work? Say I make a 210k point reservation today for a 1 week vacation stay in April 2022. Then in January 2022, I get this card and put 50k spend on it within the first month. Would I get 21k points back after the April trip since the trip was after the 50k spend threshold was met? Or would they look at the fact that the reservation was made (and points deducted) from my account in October 2021 and not rebate the 10% on this reservation?

    • I am not sure on that – I’ll see if I can get an answer for you. I would imagine it only matters when the stay occurs though compared to when the spend is completed.

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