Review: Hyatt Credit Card From Chase

I review dozens of credit card offers each week to find the best deals. Check out more on our credit card page.

When it comes to reward cards, the name of the game is value – in both the initial sign-up bonus and the rewards you’ll receive from spending. If a card charges an annual fee, you should get additional value to offset it.

Many airline credit cards have promised a “free flight,” but as fees and surcharges have gradually been added, those flights are getting a lot less “free.” Fortunately, hotel cards offer an alternative form of travel rewards that can meet – or even exceed – the value of the airline cards.

Chase offers its Hyatt credit card to travelers who want to earn free nights at premium properties and receive all the perks of elite status…

Advantages

  • Earn two free nights. You receive a sign-up bonus of two free nights at any Hyatt hotel worldwide after your first purchase. Additionally, those who already hold Platinum status in Hyatt’s Gold Passport program will receive two suite upgrade certificates. Those who hold Diamond status will receive two free nights in a suite. Considering that a standard room at some Hyatt properties in Europe can cost more than $1,000, and a suite can cost several times that, this is one of the most valuable credit card sign-up bonuses offered.
  • Receive elite status. You automatically receive Platinum status in Hyatt’s Gold Passport program. This entitles you to receive room upgrades, free Internet service, and late checkouts.
  • Earn points from spending. You earn 1 point per dollar from most purchases, with 3 points per dollar spent at Hyatt properties.
  • Redeem points for free nights. Standard room awards vary from 5,000 to 22,000 points, depending on the hotel category. The real value is in the high-end properties such as the Grand Hyatt in Paris or Milan. Even a suite at their top hotels only requires 33,000 points – a real bargain for a room that can normally cost thousands of dollars.
  • International travel features. The Hyatt card has no foreign transaction fees, and it includes an EMV smart chip that will allow your card to be accepted at unattended kiosks in Europe. (See: Why Your Credit Card Might Not Work in Europe)
  • Renewal bonus. Each year upon renewal, you receive a complimentary night’s stay at one of Hyatt’s low-end to mid-range properties. This takes the edge off of the $75 annual fee.

Disadvantages

  • Annual fee. There’s a $75 annual fee, and unlike some competitors’ cards, it’s not waived the first year. Even though this card offers tremendous value at sign-up and renewal, some credit card users still draw the line at paying an annual fee.
  • High interest rate. The standard APR is 15.24 percent, which is a lot higher than the credit cards with the lowest interest rates. Anyone who carries a balance on their credit card should always be looking for the lowest interest rate, not the highest rewards.
  • Other redemption options have low value. Hyatt’s Gold Passport program offers redemption options for dining, spa treatments, flights, and car rentals – but none of them offer nearly as much value as the free night stays.

Bottom line

Get it if: You want to earn free nights in luxury hotels around the world.

Forget it if: You’re carrying a balance and need the lowest interest rate.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
Want a Healthy Retirement? Turn This Device Off
Want a Healthy Retirement? Turn This Device Off

A common behavior becomes increasingly dangerous for those who are 50 or older.

10 Bad Money Habits That Are Robbing You Blind
10 Bad Money Habits That Are Robbing You Blind

Here’s how to change those bad behaviors.

3 Costly Social Security Mistakes That Women Make
3 Costly Social Security Mistakes That Women Make

Women face unique challenges when planning for retirement and making these mistakes can result in a skimpier retirement.

26 States That Do Not Tax Social Security Income
26 States That Do Not Tax Social Security Income

These states won’t tax any of your Social Security income — and in some cases, other types of retirement income.

6 Types of People Who Can’t Count on Social Security
6 Types of People Who Can’t Count on Social Security

If you fall into one of these groups, don’t assume that you will receive benefits.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
7 Kirkland Signature Items to Avoid at Costco
7 Kirkland Signature Items to Avoid at Costco

Even if it seems you save a bundle buying Costco’s Kirkland Signature brand products, they may not be the bargain they appear to be.

8 Tips for Retiring Comfortably on Social Security Alone
8 Tips for Retiring Comfortably on Social Security Alone

It’s never too early to start learning how to live well while living on less.

Am I Eligible for My Mother’s Social Security Benefit?
Am I Eligible for My Mother’s Social Security Benefit?

Can an adult daughter tap into her late mother’s benefit?

11 Generic Products You Should Buy at Costco
11 Generic Products You Should Buy at Costco

Not all generics are worthwhile, but these are among the best from Costco’s Kirkland Signature brand.

9 Things You’ll Never See at Costco Again
9 Things You’ll Never See at Costco Again

The warehouse store offers an enormous selection, but these products aren’t coming back.

This Surprise Factor Can Raise Your Risk of Dementia
This Surprise Factor Can Raise Your Risk of Dementia

Nearly half of U.S. residents may face this threat.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

Organize Your Home With These 10 Thrift Store Finds
Organize Your Home With These 10 Thrift Store Finds

Resolve to be clutter-free in 2021 with these secondhand purchases.

This Gas Station Scam Is Victimizing More Drivers
This Gas Station Scam Is Victimizing More Drivers

For the second straight year, a growing number of Americans believe they’ve fallen prey to this scam.

11 Laws You Could Be Breaking Without Knowing It
11 Laws You Could Be Breaking Without Knowing It

Seriously? Fibbing about the weather is a crime? This and other little-known legal traps await the unwary.

6 Legal Documents Retirees Need — but Don’t Have
6 Legal Documents Retirees Need — but Don’t Have

Few retirees have all of these documents that are crucial to their golden years — especially during a pandemic.

These Are the 3 Best Used Cars You Can Buy
These Are the 3 Best Used Cars You Can Buy

These vehicles boast reliability, safety and long-lasting value.

Can a Divorced Widow Claim Her First Husband’s Social Security Benefits?
Can a Divorced Widow Claim Her First Husband’s Social Security Benefits?

The rules are complicated when it comes to eligibility for survivors benefits.

27 Things You Should Never Pay For — and How to Get Them for Free
27 Things You Should Never Pay For — and How to Get Them for Free

When you know the tricks, you can save big on all kinds of useful things that others pay for.

13 Things Seniors Can Get for Free — or Almost Free
13 Things Seniors Can Get for Free — or Almost Free

There are many ways to get cheap or free services and goods after reaching a certain age.

15 Amazon Purchases That We Are Loving Right Now
15 Amazon Purchases That We Are Loving Right Now

These practical products make everyday life a little easier.

Internet Providers Can’t Charge You for This Anymore
Internet Providers Can’t Charge You for This Anymore

Starting this month, your ISP no longer can bill you for this fee.

10 Things I Always Buy at Trader Joe’s
10 Things I Always Buy at Trader Joe’s

From snacks to sweets to side dishes, stock your cart with these time-tested favorites on your next TJ’s run.

9 Small Expenses That Are Bleeding Your Budget Dry
9 Small Expenses That Are Bleeding Your Budget Dry

Keep more of future paychecks by eliminating these budget-busting unnecessary expenses.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.