Alright folks, gather around as we dive into the curious world of credit cards and hotel credits. So, what’s the buzz about this World of Hyatt Business Card from Chase, you ask? Well, picture this scene: you’re checking into a lavish Hyatt hotel, feeling very VIP. Why? Because this card not only rolls out a hearty welcome bonus but also tosses in a crisp $100 in hotel credits every year. And here’s the kicker: you don’t need a personal version of the card to play this game.
This little card carries a $199 annual fee. But fear not, intrepid traveler, because up to $100 of that fee gets offset by Hyatt credits each year. I’ll break down how that works and what you should be doing to squeeze out every last drop of value from this shiny rectangle of plastic.
Understanding the $100 Hotel Credit
Now, let’s get into the nitty-gritty of how the Hyatt Business Card’s $100 hotel credit works. Here’s the lowdown: Every time your card hits its anniversary, you become eligible to earn up to $100 in credits. What you need to do is pretty straightforward – spend $50 at any Hyatt around the globe, and voila, you snag a $50 statement credit not once, but twice a year. There are some fine print details though:
- Credits align with your card’s anniversary, not the calendar year, and yes, you get them the year you open the card too.
- A single purchase must be $50 or more to unlock the credit. Two twenty-fives? Nope, wouldn’t fly.
- No strings attached in terms of timing – spend those two $50 credits whenever you like within the year, whether it’s two minutes or two months apart.
- Room rate or any spending at a Hyatt property counts, as long as Hyatt processes the payment.
- It might take a billing cycle or two for the credits to show up, but they often appear much sooner.
- Whether you are the main cardholder or an authorized user makes no difference – you still cap out at $100.
- No need to register or jump through hoops. Eligible purchases automatically trigger the credit.
Real talk: If you can’t find a way to claim these credits at almost full value, then maybe this card isn’t your jam. Chances are, you’re not crashing in enough Hyatt hotels. Plus, you can split your bill across various cards at check-out, making it easier to hit that magic $50 number.
Why It Matters for Your Wallet
Here’s how I see it, chums: The $100 credit chops the effective annual fee on your Hyatt Business Card from $199 to a more palatable $99. Sure, the fee’s still on the table, but in reality, cardholders ought to reclaim those $100 credits automatically.
And if you’re wondering why you should stick with this card, look no further than these perks:
- Hit Discoverist status with World of Hyatt, not just for you, but five of your coworkers too. They don’t even have to be on the card, how generous!
- Earning elite status has never been easier. For every $10,000 you burn through this card annually, five elite nights are yours. Go for Globalist glory, or bag other sweet milestone rewards.
To sum it up: grab this card for the banging welcome bonus and to spend your way to those sweet, sweet elite statuses. But if you’re not cozying up to Hyatt, the personal World of Hyatt Credit Card might be more your speed for just $95 a year. It even gifts you a free night in a Category 1-4 hotel every card anniversary, and other perks with less spending attached.
The Bottom Line
The World of Hyatt Business Card is a unique beast – the solitary beast in Hyatt’s business card zoo. It’s got a killer welcome bonus, outmatching its personal counterpart, especially if you’re an elite night junkie looking for a hustle-free collection.
Yeah, the $199 annual fee is a price tag that might linger in your mind, but hey, almost anyone could easily hit that $100 in credits every year. This effectively slims down the cost of holding onto the card.
In contrast, the personal World of Hyatt Credit Card remains a little less puzzling when deciding if it’s worth retaining, particularly for regular Hyatt enthusiasts.
Your thoughts? How’s your Hyatt Business Card been treating you with that $100 credit?