Hyatt credit card - Revision history

Editor at 20:52, 27 October 2021

2021-10-27T20:52:29Z

Editor at 20:51, 27 October 2021

2021-10-27T20:51:49Z

Editor: /* Bonus Categories */

2021-10-27T20:48:43Z

‎Bonus Categories

Editor: /* Bonus Categories */

2021-10-27T20:45:09Z

‎Bonus Categories

Editor: /* Other Notable Benefits */

2021-10-27T20:44:23Z

‎Other Notable Benefits

Editor: /* Other Notable Benefits */

2021-10-27T20:43:59Z

‎Other Notable Benefits

Editor at 20:37, 27 October 2021

2021-10-27T20:37:13Z

Editor: /* Collecting the Signup Bonus */

2021-10-27T20:36:16Z

‎Collecting the Signup Bonus

Editor: /* Earning Elite Qualifying Nights */

2021-10-27T20:35:30Z

‎Earning Elite Qualifying Nights

Editor: /* Earning Elite Qualifying Nights */

2021-10-27T20:25:28Z

‎Earning Elite Qualifying Nights

@@ Line 33: / Line 33: @@
 x Fitness Club and Gym Memberships (≈{{Value|Hyatt|2}}%)
-Personal card:
+Personal card: 2x Restaurants (≈{{Value|Hyatt|2}}%) and 2x Airline Tickets and Local Transit (≈{{Value|Hyatt|2}}%)
-x Airline Tickets and Local Transit (≈{{Value|Hyatt|2}}%)
+Business Card: 2x on top 3 categories each quarter from Restaurants, Shipping, Airline Tickets, Local Transit & Commuting, Social Media & Search Engine Advertising, Car Rental Agencies, Gas, or Internet, Cable & Phone Services. (≈{{Value|Hyatt|2}}%)
 x Everywhere Else (≈{{Value|Hyatt|1}}%)

@@ Line 31: / Line 31: @@
 |BonusCategories=4x Hyatt Purchases (≈{{Value|Hyatt|4}}%)
-x Restaurants (≈{{Value|Hyatt|2}}%)
+x Fitness Club and Gym Memberships (≈{{Value|Hyatt|2}}%)
-x Airline Tickets and local transit (≈{{Value|Hyatt|2}}%)
+Business Card:
-x Fitness Club and Gym Memberships (≈{{Value|Hyatt|2}}%)
+x on top 3 categories each quarter from Restaurants, Shipping, Airline Tickets, Local Transit & Commuting, Social Media & Search Engine Advertising, Car Rental Agencies, Gas, or Internet, Cable & Phone Services. (≈{{Value|Hyatt|2}}%)
 x Everywhere Else (≈{{Value|Hyatt|1}}%)

← Older revision		Revision as of 20:48, 27 October 2021
Line 173:		Line 173:

	<li>{{Bonus Medium\|restaurant\|2x Hyatt points are\|car rental\|airfare}} {{Link\|restaurant spending}}. {{Link\|travel spending}}.</li>		<li>{{Bonus Medium\|restaurant\|2x Hyatt points are\|car rental\|airfare}} {{Link\|restaurant spending}}. {{Link\|travel spending}}.</li>
		+
		+	<li>'''The Hyatt business card earns 2x Hyatt points per dollar on your top three categories each quarter''' Available categories include the three fixed categories from the personal version plus shipping, local transit and commuting, social media & search engine advertising, gas, and Internet, cable & phone services. If you are eligible for Chase business cards, you'll probably have better options for most of these categories.</li>

	<li>'''The Hyatt card is one of the only cards to earn bonus points on fitness club and gym memberships'''. If you have this card, you should almost certainly use it for these payments. The only other options are some of the "choose your own category cards". {{Link\|uncommon categories}}.</li>		<li>'''The Hyatt card is one of the only cards to earn bonus points on fitness club and gym memberships'''. If you have this card, you should almost certainly use it for these payments. The only other options are some of the "choose your own category cards". {{Link\|uncommon categories}}.</li>

@@ Line 170: / Line 170: @@
 <ul class="bulletlist">
-<li>'''The Hyatt card earns the most valuable rewards on Hyatt stays'''. 4x Hyatt points are probably more valuable than what you can earn with any other card. The Amex Platinum Card and some Chase cards earn 5x transferable points, but only for prepaid rooms purchased through their website. However, if you highly valuable premium cabin award travel and/or you prefer to earn more more flexible points, you might prefer to earn rewards with another card. {{Link|Travel Spending}}.</li>
+<li>'''The Hyatt cards earn the most valuable rewards on Hyatt stays'''. 4x Hyatt points are probably more valuable than what you can earn with any other card. The Amex Platinum Card and some Chase cards earn 5x transferable points, but only for prepaid rooms purchased through their website. However, if you highly valuable premium cabin award travel and/or you prefer to earn more more flexible points, you might prefer to earn rewards with another card. {{Link|Travel Spending}}.</li>
 <li>{{Bonus Medium|restaurant|2x Hyatt points are|car rental|airfare}} {{Link|restaurant spending}}. {{Link|travel spending}}.</li>

@@ Line 151: / Line 151: @@
 === Other Notable Benefits ===
-Benefits of both cards:
+Benefits of '''both cards''':
 <ul class="bulletlist">
@@ Line 159: / Line 159: @@
 </ul>
-Extra benefits from the business card:
+Extra benefits from the '''business card''':
 <ul class="bulletlist">

@@ Line 150: / Line 150: @@
 === Other Notable Benefits ===
 <ul class="bulletlist">
 <li>'''1 Hyatt point for every dollar spent on American'''. This is technically an additional benefit of the Discoverist status you get with the card.</li>
 {{Benefit Signature}}
 </ul>

@@ Line 66: / Line 66: @@
 {{TOC|All}}
 *[[#Collecting the Signup Bonus|Signup Bonus]]
-*[[#Free Night Certificates|Free Night Certificates]]
+*[[#Free Night Certificates (personal cards)|Free Night Certificates (personal cards)]]
 *[[#Earning Elite Qualifying Nights|Elite Qualifying Nights]]
 *[[#Other Notable Benefits|Other Notable Benefits]]

@@ Line 109: / Line 109: @@
 <li>'''The signup bonus for the Business Card is even more valuable'''. Since it has been launched, it has had a bonus of 75,000 Hyatt points, while the personal version has typically been somewhere around 60,000 points.</li>
-Chase's other business credit cards typically have signup offers in the 75-100,000 Ultimate Rewards point range with lower annual fees, you can convert Ultimate Rewards points to Hyatt if you want to, and you can usually get approved for more than one of the same Ink card. On the other hand, as long as you are likely to redeem 200,000 Hyatt points during the year, you'll get a rebate of 20,000 Hyatt points on top of the signup bonus.
+Chase's other business credit cards typically have signup offers in the 75-100,000 Ultimate Rewards point range with lower annual fees, you can convert Ultimate Rewards points to Hyatt if you want to, and you can usually get approved for more than one of the same Ink card. So, if you are just signing up for the bonus, you might consider getting an extra Ink card instead.
 Like Chase's other business cards, you may be able to earn the signup bonus on the Hyatt business card multiple times.

@@ Line 134: / Line 134: @@
 <ul class="bulletlist">
-<li>'''The personal card gives you 5 qualifying nights that can make it easier to earn higher-level status''', just by having the card.</li>
+<li>'''Just by having the personal card, you'll start with 5 qualifying nights each year that can make it easier to earn higher-level status'''.
-<li>'''You can earn additional elite qualifying nights by spending with the cards'''. With the regular version of the card, for every $5,000 you spend, you'll earn an additional 2 qualifying nights. So, if you spend $15,000 to earn the card's second free night certificate, you'll earn an additional 6 qualifying nights, for a total of 11. This can make it substantially easier to get to the 30 qualifying nights it takes to qualify for Explorist (mid-level) status, which entitles you to 4 club lounge access certificates, better room upgrades, and other benefits. {{Link|Hyatt Benefits}}.</li>
+<li>'''You can earn additional elite qualifying nights by spending with the cards'''. With the regular version of the card, for every $5,000 you spend, you'll earn an additional 2 qualifying nights. So, if you spend $15,000 to earn the card's second free night certificate, you'll earn an additional 6 qualifying nights, for a total of 11. This can make it substantially easier to get to the 30 qualifying nights, which entitles you to 4 club lounge access certificates, better room upgrades, and other benefits. {{Link|Hyatt Benefits}}.</li>
 With the business version of the card, for every $10,000 you spend, you earn an additional 5 qualifying nights. That's a slightly higher earning rate, but you don't get the initial 5 qualifying nights.
-<li>'''You can spend yourself all the way to the valuable Globalist elite status level''', which comes with guaranteed suite upgrades, unlimited club lounge access, and other lucrative benefits. Globalist requires 60 nights. So, you could get there from scratch by spending $140,000 on the personal version or $120,000 on the business version of the card. Of course, you are likely to earn at least some qualifying nights through paid or award stays, so you wouldn't actually need to spend this entire amount.</li>
+<li>'''You can spend yourself all the way to the extremely valuable Globalist elite status level''', which comes with guaranteed suite upgrades, unlimited club lounge access, and other lucrative benefits. Globalist requires 60 nights. So, you could get there from scratch by spending $140,000 on the personal version or $120,000 on the business version of the card. Of course, you are likely to earn at least some qualifying nights through paid or award stays, so you wouldn't actually need to spend this entire amount.</li>
 <li>'''Most people aren't going to want to earn Hyatt status primarily through credit card spending'''. Every qualifying night ($2,000 or 2,500 of spending) has an opportunity cost of around $20 on everyday expenses and even more on bonus categories. Similarly, the cost of using a bill payment service is around $20 more than the value of the Hyatt points you would earn. So, qualifying for Explorist strictly through spending would "cost" around $500 and qualifying for Globalist would cost around $1,100. And this is assuming you have some way to actually generate this high level of spending.</li>
-If you are planning to mostly spend your way to status, your optimal strategy (if you have the Chase 5/24 slot) is to get both cards. You'd spend $15,000 on the personal version to receive 11 elite qualifying nights and the extra free night certificate, then spend the rest on the business version of the card to earn nights at a slighly faster rate. Depending on the exact number of nights you need, you may be better off spending your final $5,000 on the personal card for 2 final elite nights, rather than $10,000 on the business version for the 5 final elite nights.
+If you are planning to mostly spend your way to status, your optimal strategy (if you have the Chase 5/24 slot) is to get both cards. You'd spend $15,000 on the personal version to receive 11 elite qualifying nights and the extra free night certificate, then spend the rest on the business version of the card to earn additional elite nights at a slightly faster rate. Depending on the exact number of nights you need, you may be better off spending your final $5,000 on the personal card for 2 final elite nights, rather than $10,000 on the business version for the 5 final elite nights.
 <li>'''But if you are already staying at Hyatt on a semi-frequent basis, the credit card can be a great way to close the gap to the next status level'''. For example, if you are already staying 40 nights per year with Hyatt, you would "only" need to spend $45,000 with the personal version or $50,000 with the business version of the card to qualify for "Globalist" status, which would have an opportunity cost of around $320. Some of the spending would be for Hyatt stays and not generate any opportunity costs. And the benefits you'd receive would accrue for all those nights, delivering lots of value.</li>

@@ Line 131: / Line 131: @@
 === Earning Elite Qualifying Nights ===
-The Hyatt card comes with free Hyatt Discoverist (low level) status.
+Both the personal and business Hyatts card come with free Hyatt Discoverist (low level) status.
 <ul class="bulletlist">
-<li>'''You also receive 5 qualifying nights that can make it easier to earn higher-level status'''.</li>
+<li>'''The personal card gives you 5 qualifying nights that can make it easier to earn higher-level status''', just by having the card.</li>
-<li>'''Plus, for every $5,000 you spend on the card, you earn an additional 2 qualifying nights'''. So, if you spend $15,000 to earn the card's second free night certificate, you'll earn an additional 6 qualifying nights, for a total of 11. This can make it substantially easier to get to the 30 qualifying nights it takes to qualify for Explorist (mid-level) status, which entitles you to 4 club lounge access certificates, better room upgrades, and other benefits. {{Link|Hyatt Benefits}}.</li>
+<li>'''You can earn additional elite qualifying nights by spending with the cards'''. With the regular version of the card, for every $5,000 you spend, you'll earn an additional 2 qualifying nights. So, if you spend $15,000 to earn the card's second free night certificate, you'll earn an additional 6 qualifying nights, for a total of 11. This can make it substantially easier to get to the 30 qualifying nights it takes to qualify for Explorist (mid-level) status, which entitles you to 4 club lounge access certificates, better room upgrades, and other benefits. {{Link|Hyatt Benefits}}.</li>
-<li>'''You can spend yourself all the way to the valuable Globalist elite status level''', which comes with guaranteed suite upgrades, unlimited club lounge access, and other lucrative benefits. Globalist requires 60 nights. So, you could get there simply by spending $140,000 on the Hyatt card. Of course, you are likely to earn at least some qualifying nights through paid or award stays, so you wouldn't need to spend the entire amount.</li>
+With the business version of the card, for every $10,000 you spend, you earn an additional 5 qualifying nights. That's a slightly higher earning rate, but you don't get the initial 5 qualifying nights.
-<li>'''Most people aren't going to want to earn Hyatt status primarily through credit card spending'''. Every qualifying night ($2,500 of spending) has an opportunity cost of around $20 on everyday expenses and even more on bonus categories. Similarly, the cost of using a bill payment service is around $20 more than the value of the Hyatt points you would earn. So, qualifying for Explorist strictly through spending would "cost" around $500 and qualifying for Globalist would cost around $1,100. And this is assuming you have some way to actually generate this high level of spending.</li>
+<li>'''You can spend yourself all the way to the valuable Globalist elite status level''', which comes with guaranteed suite upgrades, unlimited club lounge access, and other lucrative benefits. Globalist requires 60 nights. So, you could get there from scratch by spending $140,000 on the personal version or $120,000 on the business version of the card. Of course, you are likely to earn at least some qualifying nights through paid or award stays, so you wouldn't actually need to spend this entire amount.</li>
-<li>'''But if you are already staying at Hyatt on a semi-frequent basis, the credit card can be a great way to close the gap to the next status level'''. For example, if you are already spending 40 nights per year with Hyatt, you would "only" need to spend $45,000 with the card to qualify for "Globalist" status, which would have an opportunity cost of around $320. Some of the spending would be for Hyatt stays and not generate any opportunity costs. And the benefits you'd receive would accrue for all those nights, delivering a large amount of value.</li>
+<li>'''Most people aren't going to want to earn Hyatt status primarily through credit card spending'''. Every qualifying night ($2,000 or 2,500 of spending) has an opportunity cost of around $20 on everyday expenses and even more on bonus categories. Similarly, the cost of using a bill payment service is around $20 more than the value of the Hyatt points you would earn. So, qualifying for Explorist strictly through spending would "cost" around $500 and qualifying for Globalist would cost around $1,100. And this is assuming you have some way to actually generate this high level of spending.</li>
 </ul>