Chase World of Hyatt Business Card Review
Update: The bonus has now been lowered to 60,000 World of Hyatt points after spending $5,000 within the first three months from account opening.
Update: The 75,000 Bonus Points ends on April 11, 2022.
Today, Chase and Hyatt Hotels announced the launch of the new World of Hyatt Business Credit Card. This first business credit card offered by Hyatt features an adaptive rewards accelerator that allows business cardmembers to earn double World of Hyatt points per quarter on categories they spend the most, helping them quickly achieve free nights, elite status, room and suite upgrades and other highly coveted rewards.
The collaboration for the new World of Hyatt Business Credit Card has been in the works since 2019. We heard rumors of a new premium Hyatt card over a week ago, and this new business product is half way there, with more features and earning possibilities, along with a $199 annual fee.
The new World of Hyatt Business Credit Card joins Hyatt and Chase’s previously launched co-branded World of Hyatt Credit Card, designed to reward today’s travelers for making everyday purchases.
“We designed the benefits and services of the new World of Hyatt Business Credit Card based on extensive consumer and small business research,” said Ed Olebe, President of Chase Co-Brand Cards. “Today’s small business owners are seeking flexibility, value, choice and personalization. We’re proud to work with Hyatt to offer a credit card that allows them to make the most of their top business expenses with the ability to earn valuable points and higher tier status to enjoy on their next trip to a Hyatt destination, whether they are traveling for business or leisure.”
“Now more than ever, small business owners have demonstrated their resilience and innovation as they continue to navigate the challenges of the current environment,” said Amy Weinberg, senior vice president, loyalty, brand marketing and consumer insights, Hyatt. “We heard from members and business owners that they look to be rewarded in personalized ways for how they do business. This new card allows every business expense – from hotel rooms to cell phone bills to shipping fees and more – to be a vehicle for personalized and valuable rewards, which can be used on one-of-a-kind experiences across the 19 brands and more than 1,000 locations worldwide that participate in World of Hyatt.”
Now let’s get into this Chase World of Hyatt Business Card review and see if it is the right product for you and your business.
For a limited time, new World of Hyatt Business Credit cardmembers also have access to the following cardmember bonuses:
- Earn up to 75,000 Bonus Points (equivalent of up to 15 free nights at a category 1 Hyatt hotel or 2 free nights at a category 7 Hyatt hotel or resort) 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); Headspace subscription must be redeemed by Dec. 31, 2022.
- Annual Fee: $199
- LEARN MORE (Update: You can also apply through personal referrals)
World of Hyatt Business Credit Card Benefits
The new World of Hyatt Business Credit Card, a Visa Signature Business Credit card, offers valuable benefits for loyal Hyatt customers.
Earning Points with Spending
The card has a new adaptive accelerator that rewards cardmembers with 2 Bonus Points per $1 spent for their top three of eight spend categories each calendar quarter through Dec. 31, 2022; and top two of eight spend categories in 2023 and beyond. There is no cap on the Bonus Points that you can earn through spending.
Spend categories include:
- airline tickets purchased directly with the airline
- car rental agencies
- local transit and commuting
- gas stations
- cable and phone services
- social media and search engine advertising
You also earn:
- 2 Bonus Points for fitness club and gym memberships
- 1 Bonus Point on all other purchases
More Points for Stays
World of Hyatt Business Credit Cardholders can earn a total of 9x Points total on Hyatt stays and experiences. That is:
- 4 Bonus Points per $1 spent on the card at Hyatt hotels and resorts, including participating restaurants and spas
- Plus 5 Base Points from Hyatt per eligible $1 spent at Hyatt hotels and resorts as a World of Hyatt member
More ways to achieve higher status:
- Automatic Discoverist status in World of Hyatt (typically requires 10 Tier-Qualifying Nights or 25,000 Base Points)
- 5 Tier-qualifying night credits with each $10,000 in spend on the card in a calendar year (you can combine these night credits with the personal card)
With World of Hyatt’s 2021 reduced elite status criteria, World of Hyatt Business Credit cardmembers can earn top tier Globalist status with $60,000 in spend on the card now through Dec. 31, 2021.
World of Hyatt Business Credit cardmembers can also gift up to 5 Discoverist statuses to their company employees.
Additional ways to spend and earn:
- 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
- There is a cap on the amount of Bonus Points you can earn with the 10% rebate – a maximum of 20,000 Bonus Points per 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.
More Perks and Benefits
Additional benefits include:
- No fee for employee business cards
- No foreign transaction fees
- Complimentary roadside dispatch
- Primary rental car collision damage waiver
- Extended warranty protection
- Purchase protection
- Trip cancellation/travel interruption insurance
- Travel and emergency assistance services
- Access to Hyatt Leverage.
This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.
This card most likely falls under the Chase 5/24 rule. That means that you will not be approved for this card if you have opened 5 or more bank cards in the past 24 months.
Chase World of Hyatt Business Card Review: Guru’s Wrap-up
The new World of Hyatt Business Credit Card from Chase is a step up from the personal World of Hyatt Credit Card. While it is not the premium credit card that was rumored, it does offer a better bonus than the personal card. But, it also comes with a higher annual fee of $199.
But since it is a business credit card, that means that you can hold both credit cards. It’s also a better option for those who are worried about staying under Chase 5/24.
The welcome bonus alone will get you tons of value for stays at Hyatt properties. With 75,000 Bonus Points you can get 15 free nights at a category 1 Hyatt hotel or 2 free nights at some of the best category 7 Hyatt hotel and resorts.
Then you get a complimentary one-year Headspace subscription, more points for stays and automatic Discoverist status. You can gift Discoverist to five individuals as well. You also get 5 Tier-qualifying night credits with each $10,000 in spend, plus $100 in Hyatt credit each anniversary year. Then there are more perks and protections for using your card. One thing that is missing is an annual free night certificate. That would have been more valuable than the $100 credit for most people.
Let me know what you think of this new product.
2 thoughts on “Chase World of Hyatt Business Card: 75K Bonus, More Perks and $199 Annual Fee”
Unfortunately at the end of the day, this card sucks. Hardly any value holding this card. Why on earth would anyone chose this over any of the Ink cards. Missed opportunity here. Hard pass.
This looks like they tried to add as many “benefits” as possible without adding much value. No free night certs, no qualifying night credits without spend. Even the bonus doesn’t make it the top choice for a Chase business card. Ink cards are a better option.