Applying for the Hyatt Credit Card: What You Need to Know Today
Chase and Hyatt have rolled out two exciting cards for those of you who just can’t get enough hotel perks: the World of Hyatt Credit Card and the World of Hyatt Business Credit Card. Both cards come with a set of unique advantages, and in this read, I’m about to give you the 101 on how you can secure one or both.
What’s the Deal with Hyatt Credit Cards?
Let’s dig in, beginning with the basics. The World of Hyatt Credit Card comes with a $95 annual fee. What’s lush about this card? Feast your eyes on the perks:
- Think VIP: Enjoy Hyatt Discoverist status as long as you keep the card.
- Rack up five elite qualifying nights yearly, and grab two more for every $5,000 you splash out using the card. You’re looking at unlocking Explorist, Globalist statuses, and other juicy rewards.
- Celebrate with an anniversary free night at a Category 1-4 property, plus double down with a second one after spending $15,000 a year.
- Point point point! It’s 4x on Hyatt spends, 2x on dining, flights, gym memberships, public transit, and 1x on all else.
Now, shift gears: the World of Hyatt Business Card captivates at a $199 annual fee and offers:
- The same Hyatt Discoverist status baton is yours and your five employees’ as long as you’ve got the card.
- Score five elite qualifying nights for each $10,000 spent yearly, with no spending cap.
- Get cheeky with up to $100 in Hyatt credits annually by cashing in on $50 statement credits twice a year when you spend $50+.
- A wholesome 10% rebate on redeemed points up to 20,000 annually, if spending hits $50,000.
- Quadruple points on Hyatt spending, doubly the fun on your top three spending categories quarterly, and 1x all around on the remainder.
Compare the two and see which tickles your fancy more.
Who Can Get These Bad Boys?
The good news? Applying is a breeze, and yes, you can apply for both cards and snatch the sign-up bonus from both. However, there’s a small snag:
- If you currently have either card, the welcome bonus isn’t up for grabs.
- If you scored a new cardmember bonus in the past 24 months on the exact card, you’re out of luck.
Then again, if you’ve got the personal card, go ahead and scoop up the business card, and vice versa. You are even in luck to snag the business card once more if you’ve dispose of it.
Also, remember Chase’s general guidelines:
- Enter the 5/24 rule arena: no go for new cards if five or more in the past 24 months.
- Twice a month keeps Chase offers coming — max out at two credit cards every 30 days.
- Mind your total credit line – Chase plays this card limiting game wisely.
These rules are malleable, with plenty of variables like your history with Chase shaping your chances.
What About That Credit Score?
Now, how credit-worthy should you be? There’s no hard-and-fast rule, but here’s the gist: shoot for “good” to “excellent.” Personally, I’d give it a whirl only if my score was tipping 700 or more, with 740 being the bliss point. But fear not, folks with lower have clinched it, while a higher score didn’t always guarantee a green light. It’s all a big melting pot of income, credit history, and approved credit limits.
The Bottom Line
In the grand game of credit cards, the World of Hyatt from Chase stands sharply. A personal card, a business card – both accessible, with straightforward eligibility demands. Whether you’re lounging in one of those World of Hyatt lounges or racking up perks, these cards pack quite the punch.
The World of Hyatt Credit Card is an easy sell with its fantastic rewards at a sensible annual fee. Meanwhile, the business card introduces a richer welcome bonus and even juicier elite nights for the habitual swipers among you.
It’s heartening how clear-cut this setup is compared to the maze that is other card applications. So, what’s your story? If you’ve made the leap into the Hyatt credit card realm, how did the approval fare?
If you’re mulling over a getaway, why not check out my blog on Val Seny ski resort while planning your next trip?