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New Chase Hyatt Biz Card

imaximous
Valued Contributor

New Chase Hyatt Biz Card

I got excited when I saw the headline this morning, but I'm not so sure after reading more about it.

Biggest drawbacks: no free annual certificate. No additional night for $15k spend. No automatic 5 elite qualifying nights. 

Fee is $199 -- but there are some credits.

 

What does everyone think? I'd been waiting for this card to come one day, but I'm not sold on it now... 

 

Card doesn't seem to be live yet. Can't see it on the Chase site.

 

https://thepointsguy.com/news/hyatt-business-credit-card-launch/

AMEX | BofA | Barclays | Cap One | Chase | Citi | Discover | GS | PenFed | SYNCB (PP MC, Lowe's, Amazon, PP Credit) | US Bank
Message 1 of 11
10 REPLIES 10
simplynoir
Community Leader
Super Contributor

Re: New Chase Hyatt Biz Card

From reading the article I guess Chase is aiming for those that have a lot of business spend and want to get elite status that way kind of like how AMEX's high-tier Delta cards does as well. But for that fee it's weird they didn't offer a bit more. Also not a fan of them offering that stupid credit that the banks are doing nowadays

 

Honestly, even with all that I might still get it. Depends on how my future business travel looks and if the Hyatt properties are worth staying at to make it worth while. My recent stay at the PH New York was lacking to say the least so not wanting to jump the gun quite yet

Message 2 of 11
imaximous
Valued Contributor

Re: New Chase Hyatt Biz Card


@simplynoir wrote:

From reading the article I guess Chase is aiming for those that have a lot of business spend and want to get elite status that way kind of like how AMEX's high-tier Delta cards does as well. But for that fee it's weird they didn't offer a bit more. Also not a fan of them offering that stupid credit that the banks are doing nowadays

 

Honestly, even with all that I might still get it. Depends on how my future business travel looks and if the Hyatt properties are worth staying at to make it worth while. My recent stay at the PH New York was lacking to say the least so not wanting to jump the gun quite yet


I've been a fan of Hyatt for years, and we have the personal version. I can see that Chase may be aiming at high spend and status with this biz card, but I've also done that with the personal card. You get a head start with 5 elite nights, so for the first $50k spent on the personal card, you're still even, but you get 2 free nights at this point (free annual cert. plus another night for $15k spend).

 

Utilization is usually not much of a problem with Chase since you can pay down to $0 and get UTIL updated.

 

Anyway, I sound kinda disappointed, but may also end up getting it anyway... Smiley Very Happy

AMEX | BofA | Barclays | Cap One | Chase | Citi | Discover | GS | PenFed | SYNCB (PP MC, Lowe's, Amazon, PP Credit) | US Bank
Message 3 of 11
Citylights18
Established Contributor

Re: New Chase Hyatt Biz Card

I think its a pretty reasonable offer for a $199 AF Hyatt card.

 

1) $50 dollar credit x2 a year for Hyatt stays (works out to $100 a year).

2) 2x on gas option. Nowhere else in the Chase ecosystem can you get that.

3) Spend to elite status. There is Globalist at 60k spend but also Explorist at 30k.

4) Aside from not having the free nights it replicates all the 2x categories of the personal card plus a few others.

 

Also think about it in terms of being a Hyatt aficionato. You take advantage of Hyatt promotions they run during the year for extra nights and you are able to take advantage to a level of 40 nights you'd only need to spend 40,000 on this card to hit Globalist (or 20 nights and 20,000 spend to hit Explorist). However 5 nights for 10k spend isn't much better than getting 2 nights for 5,000 on the personal Hyatt. It doesn't make so much sense to rack up too much monthly spend on a personal card which is one advantage of having a business version of Hyatt.

Official travel point totals as of 7/17/20 (361,553 Total Points)
Chase Ultimate Rewards 152,226
World of Hyatt 94,737
AMEX Membership Rewards 63,796
AA Advantage 15,244
United MileagePlus 13,316
British Airways Avios 11,332
Citi Thank You 2,850
Hilton Honors 2,157
NASA Platinum Rewards 1883
Marriott Bonvoy 1,350
Jet Blue TrueBlue 885
Southwest Rapid Rewards 762
Expedia Points 740
Delta Sky Miles 175
Virgin Atlantic Virgin Points 100
Hotels.com Rewards 6/10 ($135.99)
Message 4 of 11
imaximous
Valued Contributor

Re: New Chase Hyatt Biz Card


@Citylights18 wrote:

I think its a pretty reasonable offer for a $199 AF Hyatt card.

 

1) $50 dollar credit x2 a year for Hyatt stays (works out to $100 a year). 

I'll give you that, but I still don't like those "credits." Especially when they break it up into 2. 

 

2) 2x on gas option. Nowhere else in the Chase ecosystem can you get that.

You can get 2x URs with Ink Cash.

 

3) Spend to elite status. There is Globalist at 60k spend but also Explorist at 30k.

Personal card also allows you to spend to status. And the reduced nights is only for this year. I don't know or think they'll do the same for 2022.

 

4) Aside from not having the free nights it replicates all the 2x categories of the personal card plus a few others.

2 free nights with the personal card can get you a lot of value. I've used them for beach properties charging over $300 and $400 cash per night.

 

Also think about it in terms of being a Hyatt aficionato. You take advantage of Hyatt promotions they run during the year for extra nights and you are able to take advantage to a level of 40 nights you'd only need to spend 40,000 on this card to hit Globalist (or 20 nights and 20,000 spend to hit Explorist). Not really sure what you mean by that.

 

However 5 nights for 10k spend isn't much better than getting 2 nights for 5,000 on the personal Hyatt. It doesn't make so much sense to rack up too much monthly spend on a personal card which is one advantage of having a business version of Hyatt.

Definitely. If you can make the bonus categories work for you, the biz card has a few more options. But you could also argue that you can get more than 2x using other cards


I get this is a business card and maybe can't be exactly the same as the personal version, but I don't really think it's any better to charge double the AF, and they're taking away some valuable perks from the personal card. I honestly would've paid even a higher AF for more premium benefits. Maybe they'll release a premium Hyatt card eventually. 

AMEX | BofA | Barclays | Cap One | Chase | Citi | Discover | GS | PenFed | SYNCB (PP MC, Lowe's, Amazon, PP Credit) | US Bank
Message 5 of 11
FinStar
Moderator

Re: New Chase Hyatt Biz Card

Thanks for posting this.

 

I have the personal version and I'm not sure how I feel about their biz version given status and other bennies I already get with the existing one 🤔 I'll stay on the fence for now, but glad to learn they're expanding their business cards offerings. I would assume 5/24 with this one once released.

Message 6 of 11
imaximous
Valued Contributor

Re: New Chase Hyatt Biz Card


@FinStar wrote:

Thanks for posting this.

 

I have the personal version and I'm not sure how I feel about their biz version given status and other bennies I already get with the existing one 🤔 I'll stay on the fence for now, but glad to learn they're expanding their business cards offerings. I would assume 5/24 with this one once released.


Yup. IMO, this isn't a no-brainer card like the personal one. 

 

I gotta say that after reading about the benefits on the application page, I learned something new today. I'd never heard of Hyatt Leverage before. It appears that you get automatically enrolled when you apply and get this biz card. I think you could also sign up without getting the card, but there are some unwritten stay requirements to keep the membership. 

AMEX | BofA | Barclays | Cap One | Chase | Citi | Discover | GS | PenFed | SYNCB (PP MC, Lowe's, Amazon, PP Credit) | US Bank
Message 7 of 11
rgate88
Regular Contributor

Re: New Chase Hyatt Biz Card

Long term I'm not sure it makes sense. The bonus is a clear no-brainer, though. Monster value to get there. I'm interested to see if the card changes at all when year two rolls around.

CO Platnium - $500; CO Quicksilver - $2,000; CO BuyPower - $600; Target MC - $8,000; Chase Amazon Prime - $17,300; Care Credit - $6,000; PNC Core - $17,000; Citi DoubleCash - $6,300 - AmEx Everyday Preferred - $20,000; Citi Simplicity - $21,000; Chase World of Hyatt - $17,300; PayPal LOC - $10,000; PNC Cash Rewards - $25,000; U.S. Bank Radisson Rewards Premier Signature - $15,000; AmEx Platinum - NPSL; Elan Max Cash (Alliance CU) - $24,000; Barclay's Aviator Red WEMC - $13,500

Hidden Trade Lines - Chase Ink Cash - $19,600; Amazon Business Prime - $3,000; Chase Ink Preferred - $10,000; AmEx BBP - $5,500; AmEx Lowes Business - $1,500; Hilton Honors Business - $3,000; FNBO Evergreen Business - $15,000

Total CLI - $263,600
Message 8 of 11
Alephbet
New Contributor

Re: New Chase Hyatt Biz Card

Although I'm a little disappointed by the lack of better benefits, I will be applying for the World of Hyatt Business card in January as soon as I am under 5/24 unless travel becomes much more difficult. For me, it's ideal as a card for employees so they can purchase whatever is needed for various projects and it is a card that has an additional benefit for lots of spend in boosting my Hyatt status. I'm also happy it has some bonus categories as well even though none are exactly amazing particularly compared to the personal World of Hyatt card which I also have. I have a similar strategy with my Delta Reserve for Business AMEX but that one only gets me 1 mile per dollar on everything except for Delta purchases which is 3 miles per dollar. I am happy the World of Hyatt Business card is a Visa card also so I can use it for Costco.

Bold are regularly used
X1 Credit Card | AOD Visa Signature | Apple Card | Target RedCard
AMEX: Business Platinum | Business Gold | Blue Business Plus | Delta Reserve Business | Marriott Bonvoy Business
Chase: Amazon Prime | World of Hyatt | Ink Business Cash | Ink Business Preferred | Southwest Performance Business
BofA: Premium Rewards | Business Advantage Customized Cash Rewards | Alaska Airlines Business
Barclays Aviator Business | US Bank Business Platinum | Capital One Platinum | Capital One QuicksilverOne

Next applications: Chase World of Hyatt Business | BofA WWF Customized Cash Rewards | Marriott personal card
Message 9 of 11
randomguy1
Valued Contributor

Re: New Chase Hyatt Biz Card

I think if you're a business who wants to put a lot of money into the card, it's a good card. Otherwise, for me personally, very low spend... It's a good card to churn and probably would dump it in a year unless it had a FNC like the personal.

Message 10 of 11
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