Which Cards Do I have in My Wallet: April 2019

It’s been such a long time since I last applied for a new credit card! Well, ok, no it hasn’t. But hey, it’s felt like a long time to me anyway. The last time I applied for a card was back at the beginning of the year, in January. That was when I picked up the Chase Ink Business Preferred. It is time to see if Chase will extend me even more credit, with one more card in their portfolio, the World of Hyatt card.

Update

The World of Hyatt card is an interesting one. It charges a $95 annual fee, but in return, rewards you with a anniversary night, plus the a wide range of reward categories. As far as hotel credit cards go, I think this offers one of the best values you can get from a hotel card. 

While my last application was in branch, I thought it may be a little weird to apply for a cobranded card in person. Instead, I chose to do the application online. I first tripled checked to see if there were any better offers applying directly through Hyatt. Hyatt’s deal offered nights instead of points. In essence, the nights would be worth more than the value of the points. But without any crazy travel plans for the next year, I didn’t want to lose the nights. I decided to apply directly with Chase. After a gut wrenching 10 seconds of loading after I clicked submit, the decision came back as approved! The limit was rather small at $5,000, but it’s fine by me. I did hit Chase 3 times back to back after all. 

The sign up bonus on the card was an offer for 50,000 points, but it was broken up into two tiers. The first 25,000 points was earned by spending $3,000 within the first 3 months, and the second 25,000 points was earned by spending another $3,000 within the first 6 months. I had a lot of spending ahead of me!

Cards In My Wallet

  1. Chase World of Hyatt
  2. Chase Sapphire Reserve
  3. Amex Blue Cash Preferred
  4. Discover IT NHL
  5. Chase Freedom

Strategy

  • Spend every penny on World of Hyatt

The strategy for the next few months is going to be rather easy, spend as much as I can on the World of Hyatt card. If I average out the bonus per month, it would come out to about $1,000 per month which is reasonable. Luckily for me, I have a quick weekend trip planned, along with a stay at a… you guessed it, Hyatt hotel! If nothing else, I’ll earn a ton of points by staying there as well.  

Next Card

So I have some bad news. The World of Hyatt marks the last credit card I’m applying for, for about another year or so. The reason isn’t actually 5/24 (though this is a good way to stay under it). The reason is that I’m saving up for a house, and I’m thinking it’ll look good to not have applied for anything for at least 12 months. Once I close on the house though, I’ve got a few ideas which involve a new hotel credit card.

Final Thoughts

I’m pretty excited to have been approved for the World of Hyatt credit card. I’m a little concerned about the limit being a little low $5,000, but I do have to remember how much I got from Chase just recently. I’m assuming I’ll have to wait a while to get an approval with a larger limit from the get go on the next card. Which is perfect, because it will probably be a while until I get another card anyway. In the meantime, I’ve got 6 months to spend $6,000, so I better get on it!

What do you think about the World of Hyatt credit card? Which hotel card should be next? let us know in the comment section below

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