The World of Hyatt Credit card has gone through a few changes within the last year. In the summer of 2018, it was revamped, and it added a ton of new benefits including much stronger reward categories. While the sign up bonus stayed the same at the time, a few months back we started seeing a new one. The sign up bonus became a tiered sign up bonus, meaning you would earn a part of the sign up bonus for spending a certain amount, and then the rest of the sign up bonus for spending the other amount. Currently, you can earn 50,000 points; 25,000 points for spending $3,000 in the first three months, and another 25,000 for spending $6,000 in the first six months. There is a way you can get an alternative sign up bonus though.
If instead of applying through Chase, you apply directly through Hyatt, you might see this deal present itself. Although it is still a tiered sign up bonus, it has the potential to be a much better value then just the standard sign up bonus.
With the alternative offer, you have the potential to earn 2 free nights at any category 1-7 hotel in the Hyatt program. The nights are earned in the following way:
- Earn the first night for spending $3,000 in the first 3 months
- Earn the second night by spending $6,000 in the first 6 months
The free nights earned can be used at any category 1-7 Hyatt hotel. The only “got you” is that the free nights expire within one year of earning. On top of the free nights though, you will also receive a $50 statement credit when you complete the first purchase on the card.
Although the offer is different than the standard one, it requires the same amount of spend, and is even broken down the exact same way. The main difference here is that there is a higher potential for you to stay somewhere nice. The standard offer only earns you 50,000 points at best. With a category 7 hotel room requiring 30,000 points, you wouldn’t be able to stay 2 nights if you had earned the 50,000 points. With this offer, you are able to stay to nights at category 7 hotels.
Of course, the only “got you” is that you must redeem those free nights within a year, whereas the points you keep as long as you keep the account open. If you have a redemption in mind, and can do it within the year, then getting this alternative offer seems like the smarter way to go, and you even get $50 additional dollars too! However, if you don’t have a specific redemption in mind, you might be better off going with the points directly, at least they wont expire.
Which deal sounds better to you? Let us know below!