So, here is the drill. According to Onemileatatime , the sign-up bonus on The Hyatt Credit Card will be changing on June 29th. As of that date, if you get approved for the offer, you will get 40,000 points after spending $2,000 in 3 months. We don’t know all the details yet, such as whether the annual fee will be waived or not.
Another unknown factor is whether you’ll get 5,000 extra points for adding an authorized user. According to OMAAT blog, the annual renewal certificate, good for category 1-4 property, is staying. I consider the source reliable, so I’m certain that this change will indeed take place on June 29th.
Which offer is better?
And here is Hyatt award chart:
Obviously, unless you plan to stay in a category 6 or 7 property, the new offer is far superior. It will give you way more flexibility and you won’t have to worry about the fact that your sign-up certificates will expire 12 months after issue date. That said, if you are reasonably sure that you will be needing to stay in a highest two categories (all-inclusive Hyatt resorts fall into that tier), then the time to apply is now or never. Well, until June 29th, that is.
This card does pay us referral, but be aware that you may get an offer that comes with $50 credit. Check this direct non-affiliate link You can also try making a dummy reservation on Hyatt.com Be aware, I don’t see any mention of 5,000 points for adding an authorized user if you go via that link, though it might be included in the offer.
I would have to say that unless you have solid plans to stay in the most expensive properties in a near future, it’s probably better to wait. The new offer seems like a better option, overall. Those 40K points can go a long way. Also, if you have Hyatt Explorist status, you’ll be able to utilize club lounge upgrade certificates when redeeming points.
I did a review of Hyatt Place Orlando Airport few months ago, and consider it a bargain at only 5,000 points per night. You may also want to check my post Best Category 1 Hyatt Redemptions for a Family Trip in USA
Even if you want to stay in one of Hyatt resort properties, you may do better with a new offer. The Hyatt Regency Coconut Point Resort and Spa that my family loves, currently costs 15,000 points per night. Factoring in minimum spending, you will have almost enough points for 3 nights at this property instead of 2.
That said, I just applied in my husband’s name and he got approved. Why? You’ll have to wait till next week to find out. There is a trip plan in motion that goes against all logic (financially speaking), but it looks like it might become a reality. Stay tuned.
Other offers you may want to consider instead
As I’ve mentioned last week, the 100k points offer on Amex Hilton Surpass is still available via referrals. It’s not the best offer ever because it doesn’t come with a free weekend certificate at the end of the first year. That being said, you don’t have to renew the card and pay $75 annual fee in order to get it.
Obviously, I do think the weekend night at ANY Hilton is worth it for most people. However, I don’t think it’s a huge game changer. Besides, with Citi Hilton cards gone, Amex will no longer be under pressure to compete. I honestly don’t know if the 100K offer will come back (it might), but the Hilton scene is changing, that’s for sure.
And 100K Hilton points can go a long way under the right circumstances. More importantly, Hilton properties are everywhere, which can not be said about Hyatt. If you are applying for Hyatt card speculatively, please take into account its limited footprint. Read Nancy’s post Hilton Hotels for Families of Five or More for ideas on stretching your bonus. You can apply before 7/27/2017 via my personal referral link Thanks for your support if you do so!
On the other hand, as of now, The Hyatt Credit Card is not subject to 5/24 rule, and that may change with the introduction of the new offer. You are eligible to get the bonus as long as you haven’t received it in the last 24 months.
So once again, it comes down to your upcoming plans. Which currency will benefit you the most? Should you jump on 2-night offer and plan a vacation in a fancy Hyatt property while you still can? Will you be better off applying for another sign-up bonus that comes with cash back or flexible points? Only you can answer those questions.
According to DoC, the 50K points offer on Merril+ Visa Signature is still available over the phone. If you haven’t yet applied for it, forget Hyatt and Hilton cards, or any other hotel bonuses for that matter. This offer should be your priority right now. So should Wells Fargo Propel World card I wrote about few days ago.
Readers, who is planning to apply for the current offer on The Hyatt Credit Card? Any guesses on where I hope to use my two free nights?
Leana is the founder of Miles For Family. She enjoys beach vacations and visiting her family in Europe. Originally from Belarus, Leana resides in central Florida with her husband and two children.