WoW you would think Hyatt has destroyed the value of their elite program – no wait, that’s right – they did that last year. So what is all the fuss about? The new card bonus is mega changing and I simply love it.
The OLD offer that has been around for a long time from this HOTEL CARD has been 2 free nights and that is good up to a LEVEL 7 property. That is sweet for those who tend to stay at luxury hotels and if this is you then you will want to pick up the card before the 29th of June when the offers changes. Changes to what?
The coming offer is for 40,000 bonus points (after 2k spend) and this really excites me. While I love to fly in business or 1st class to get where I am going, once I am wherever I really don’t care about the hotel other than I really need it to be clean and have a soft bed (and maybe free breakfast).
In other words I am a Holiday Inn Express or Four Points by Sheraton or in this case a Hyatt Place kind of traveler and since many of those properties run around 8-12k per night I am viewing this card change from offering me just 2 nights when I get this card to now somewhere around 4-5 nights as a new card bonus!
THAT IS A WINNER CHANGE!
Plus this card, unlike so many others, is NOT subject to the 5/24 rule and since I am constantly applying for new cards on a regular basis if this card were under the 5/24 there would be no way I could get approved. Likely I will have to move some credit from one of my other Chase cards to get an approval, but that is no big deal.
Next week I plan to apply for the personal Delta AMEX Platinum card (believe it or not it is the last Delta AMEX card they say I have not had) and will add this Chase Hyatt HOTEL card to my latest batch of cards I apply for on that day since I do not currently hold the card and it has been more than 24 months since I got the new card bonus (thus I qualify).
Now if only the annual card bonus were to change from a free CAT1-4 night each year to 20k more bonus points I would be even more inclined to hold this card year after year.
So you tell me – are you going for this card before the 29th to get the current bonus offer or after the 29th to get the new bonus offer? – René