What would you do? I have a Chase Hyatt card. I have had it for a few years. I am under 5/24. The AF is due in a few days and I am about to go on an international trip.
AF is $95. I can pay the AF and get a cat 1-4 certificate although I'm skeptical if it will post in time for me to use it this trip. In the alternative I can close the card and reapply for a new hyatt card with a SUB of 35k points after $3k spend and then double points on the first $15k. AF not waived. I have explorist status with Hyatt through 2025 so if I don't get the new card right away that won't impact anything. I don't see any other chase cards that I am interested in and it will be awhile still before I can get a new sapphire card.
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@red259 wrote:What would you do? I have a Chase Hyatt card. I have had it for a few years. I am under 5/24. The AF is due in a few days and I am about to go on an international trip.
AF is $95. I can pay the AF and get a cat 1-4 certificate although I'm skeptical if it will post in time for me to use it this trip. In the alternative I can close the card and reapply for a new hyatt card with a SUB of 35k points after $3k spend and then double points on the first $15k. AF not waived. I have explorist status with Hyatt through 2025 so if I don't get the new card right away that won't impact anything. I don't see any other chase cards that I am interested in and it will be awhile still before I can get a new sapphire card.
You will not get it in time for your trip. If I'm not mistaken it takes around 8 weeks to arrive.
I do not think you should close the account and apply for a new one, for a number of reasons: (1) new inquiry (2) new account (3) you're almost undoubtedly not going to get a second SUB and (4) it's a great card, why close it? Just use the card for your trip and enjoy earning new points and using whatever points you've accumulated.
@longtimelurker wrote:
@SouthJamaica wrote:
t (3) you're almost undoubtedly not going to get a second SUBI thought you could usually rely on Chase wording, which talks about being eligible if no SUB in the last 24 months. (That might be eligible for the card, but I am reading it as the offer.)
@longtimelurker wrote:
@SouthJamaica wrote:
t (3) you're almost undoubtedly not going to get a second SUBI thought you could usually rely on Chase wording, which talks about being eligible if no SUB in the last 24 months. (That might be eligible for the card, but I am reading it as the offer.)
SUB restrictions are so variable, but in this case, it appears OP would indeed be eligible. I had WoH card previously and had considered doing the same thing. As long as the current card is closed and no SUB within 24 months, you are eligible. Your scores are not updated, but assuming you're still 800+ with less than 5/24, I would think your approval chances are excellent.
35,000 Bonus Points After You Spend $3,000 On Purchases In The First 3 Months From Account Opening: The credit card is not available to either (i) current Cardmembers of this credit card, or (ii) previous Cardmembers of this credit card who received a new Cardmember bonus for this credit card within the last 24 months ...
As for the timing, I do agree that the free night might not post before the international trip, so if you planned to use the Hyatt card on the trip, just wait until you return.
I agree that WoH is a great card! 
I just decided that I didn't stay often enough at Hyatt versus Marriott or Hilton, and even though the free night reimburses the AF, I thought simplifying and consolidating my limits with Chase was a better overall strategy. I did lose the automatic Discoverist status, but as for points it is easy to move Sapphire points over at a good return for redemptions.
"but in this case, it appears OP would indeed be eligible. " agreed. There is really no doubt in my mind I am elgible. I have done the same thing in the past, although I have had this card for a few years now. In the end I didn't bother pulling the trigger. I'll wait for the cert and see if a better SUB comes along down the line. My calculation would probably be different if I thought I would get the card in time to take with me. Then I might want to bring it along to get the spend requirement while I travel. Another nice feature about the card is there are special offers throughout the year that can be quite lucrative. Heck on my last trip it was getting silly. On award bookings they were giving me back points on each stay and this was at the same time I was doing a status challenge with Hyatt. Like 90% of my hyatt stays are award bookings but I still manage to derive benefit via the hyatt card.
Per myFICO's own acronyms, a SUB (sign up bonus) is not the same as an intro offer. A SUB is something you get when opening a new card regardless of anything needed on your part. e.g. a 0% intro rate on purchases for X months. An intro offer like 'Spend $Xk for XXk points is not a SUB. 
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@ptatohed wrote:Per myFICO's own acronyms, a SUB (sign up bonus) is not the same as an intro offer. A SUB is something you get when opening a new card regardless of anything needed on your part. e.g. a 0% intro rate on purchases for X months. An intro offer like 'Spend $Xk for XXk points is not a SUB.
Ummm ... I told you I was watching you, @ptatohed.
Are you referring to the My FICO Abbreviations message from 2007? For one that is a little dated (so terminology could have evolved in 17 years) but for the main point, I think you are misreading the definition.
A SUB is an incentive for SOLELY GETTING A (NEW) CREDIT CARD. Period. And OP would qualify in this situation, as he would be closing his existing card and applying as a new cardholder. The second sentence referencing a "spend requirement" that differentiates a SUB is referring primarily to cards with an AF such as AMEX charge cards that might offer a points bonus to existing cardholders for spending a certain amount as a way to soften the impact of an AF. (A type of RETENTION bonus.) But I know you dislike AF cards so you may be unfamiliar with that reference.
So a SUB could be a cash/points bonus for opening a new card, often with a spend requirement to qualify (or) it could be another type of incentive (such as 0% or low-rate financing offers.) My FICO abbreviations do not specify exactly what the incentive could be; it just has to be an incentive for new cardholders as an enticement to apply.
@Aim_High wrote:
@ptatohed wrote:Per myFICO's own acronyms, a SUB (sign up bonus) is not the same as an intro offer. A SUB is something you get when opening a new card regardless of anything needed on your part. e.g. a 0% intro rate on purchases for X months. An intro offer like 'Spend Xkk forXXkk points is not a SUB.
Ummmm ... I told you I was watching you, @ptatohed.
Are you referring to the My FICO Abbreviations message from 2007? For one that is a little dated (so terminology could have evolved in 17 years) but for the main point, I think you are misreading the definition.
A SUB is an incentive for SOLELY GETTING A (NEW) CREDIT CARD. Period. And OP would qualify in this situation, as he would be closing his existing card and applying as a new cardholder. The second sentence referencing a "spend requirement" that differentiates a SUB is referring primarily to cards with an AF such asAMEXX charge cards that might offer a points bonus to existing cardholders for spending a certain amount as a way to soften the impact of an AF. (A type of RETENTION bonus.) But I know you dislike AF cards so you may be unfamiliar with that reference.
So a SUB could be a cash/points bonus for opening a new card, often with a spend requirement to qualify (or) it could be another type of incentive (such as 0% or low-rate financing offers.) My FICO abbreviations do not specify exactly what the incentive could be; it just has to be an incentive for new cardholders as an enticement to apply.
@Aim_High wrote:
@ptatohed wrote:Per myFICO's own acronyms, a SUB (sign up bonus) is not the same as an intro offer. A SUB is something you get when opening a new card regardless of anything needed on your part. e.g. a 0% intro rate on purchases for X months. An intro offer like 'Spend Xkk forXXkk points is not a SUB.
Ummmm ... I told you I was watching you, @ptatohed.
Are you referring to the My FICO Abbreviations message from 2007? For one that is a little dated (so terminology could have evolved in 17 years) but for the main point, I think you are misreading the definition.
A SUB is an incentive for SOLELY GETTING A (NEW) CREDIT CARD. Period. And OP would qualify in this situation, as he would be closing his existing card and applying as a new cardholder. The second sentence referencing a "spend requirement" that differentiates a SUB is referring primarily to cards with an AF such asAMEXX charge cards that might offer a points bonus to existing cardholders for spending a certain amount as a way to soften the impact of an AF. (A type of RETENTION bonus.) But I know you dislike AF cards so you may be unfamiliar with that reference.
So a SUB could be a cash/points bonus for opening a new card, often with a spend requirement to qualify (or) it could be another type of incentive (such as 0% or low-rate financing offers.) My FICO abbreviations do not specify exactly what the incentive could be; it just has to be an incentive for new cardholders as an enticement to apply.
LOLL, thanks for that @Aim_High .
I do respectfully disagree with you. I think through both myFICO's definition that you showed, and through nearly all credit card issuer's terminology, 'Sign Up Bonus' is misused around here. To me 'Different than a spend requirement' couldn't be clearer. IMHO, 'Spend $XXX, receive $XX (orXXpts)' is an Offer. Offer as in you don't get it automatically (after getting your new card), and you don't need to even choose to accept it or participate, but it's there for you as a new member. A bonus is something you get no matter what, just for acquiring the new card. I've never see a CC issuer use the term Sign Up Bonus, have you? I think common terms used by CC issuers are "Welcome Offer" or "Rewards Bonus Offer", etc.
Nevertheless, though you may not like the term because it does not literally give you a bonus for merely signing up, it is the term that is commonly in use for the rewards bonus attached to opening new cards conditioned on meeting a spend requirement, and also for the rewards bonus attached to opening new deposit accounts conditioned on meeting certain activity requirements. So I will continue to use the term signup bonus since everyone including you knows exactly what we mean by it.
