Let’s looks at the card specs:
Sign Up Bonus: 2 free nights an any Hyatt in the World after $2,000 spend in the first 3 months.
Adding Authorized User Bonus: 5,000 pts
Annual Fee: $75 (not waived for the first year)
Earns: World of Hyatt Points
Earning Rate: 3 Points per dollar at Hyatt
2 points per dollar at Restaurants, Airlines, Car Rentals
1 points per dollar everywhere else.
Hyatt Status: Discoverist
Why you should sign up initially:
The sign up bonus for this card can be extremely lucrative depending on what hotel you use it at. Hyatt has 679 properties in 54 countries and you can stay 2 nights at any of them. While they are not nearly the size of Hilton or Marriott they do have quite a few nice properties.
Both of us have signed up for this card, and we used the free nights at the Park Hyatt Vendome in Paris and the Hyatt Andaz Liverpool Street in London. We easily got a value of over $1,000 with each card with this sign up bonus. The initially spend for this card is also relatively low at only $2,000 in 3 months vs the $3,000 to $5,000 we see more commonly.
Why you should keep the card:
We never recommend keeping a credit card with an annual fee if you are not getting any value out of it. We think the $75 annual fee is well worth it.
Reason 1: Anniversary Award Night
Every year when the fee comes due you also get a free award night at any category 1-4 Hyatt. Hyatt has 7 award categories ranging from Cat 1, 5,000 pts per night to cat 7, 30,000 pts per night. The award night is good up to a category 4 which can net some serious value. We have used our free night the Hyatt Regency Cincinnati (Cat 2) during October Fest where rooms where running $300 a night and the Hyatt Regency Boston (Cat 4) where rooms were running $450 a night. We like to transfer points from our Chase Sapphire to give us additional free nights since Hyatt is a transfer partner. They are also one of the better ones because Hyatt points carry a lot of value.
Reason 2: Discoverist Status:
Having the Hyatt card automatically gives you Discoverist Status at Hyatt. This is their second lowest tier right after Member which traditional requires 10 qualify nights at a Hyatt, While it isn’t anything special it does offer 10% bonus earn on Hyatt stays and 2:00 pm late checkout. We are already getting our monies worth on the free anniversary night so this is just a nice additional perk.