World of Hyatt Business Credit Card Review
World of Hyatt Business Credit Card
CardRatings Editor's Analysis: Pros & Cons
- You can earn a $50 statement credit per qualifying Hyatt purchase with your card up to two times each anniversary year.
- After spending $50,000 in a calendar year you can get 10% of your redeemed points back for the rest of the year.
- New cardholders can earn 60,000 points once spending $5,000 within the first three months of opening an account. Additionally, earn 15,000 bonus points after you spend $12,000 in the first six months.
- The annual fee may be hard to offset for those who don't travel often or who aren't loyal to Hyatt.
TABLE OF CONTENTS
- World of Hyatt Business Credit Card Rewards
- How Can You redeem World of Hyatt Business Credit Card Points?
- World of Hyatt Business Credit Card Elite Status
- Potential Downsides of the World Of Hyatt Business Credit Card
- How Does it Compare to Other Business Cards?
- Is the World of Hyatt Business Credit Card a Good Card?
If you frequently travel for business and Hyatt is your preferred hotel choice, the new CardName is a worthy contender in the world of business credit cards.
For starters, it has a generous sign-up bonus which gets membership started off on the right foot. New cardholders can earn 60,000 points once spending $5,000 within the first three months of opening an account. Additionally, earn 15,000 bonus points after you spend $12,000 in the first six months. That’s enough points to book multiple nights in at a Category Three hotel, depending on travel dates, location and room selection. Right away you're benefitting from the card. Reward nights start at $5,000 points so there's plenty of opportunity to put those rewards to use.
On an ongoing basis, cardholders earn:
- 9X points on Hyatt stays
- 2X points on fitness club and gym memberships
- 1X point on all other purchases
Additionally, you can earn 2X points in your top three spending categories each quarter through Dec. 31, 2024. Eligible categories include:
- Airline tickets (direct purchase with the airline required)
- Gas stations
- Car rental agencies
- Local transit and commuting
- Internet, cable and phone services
- Social media and search engine advertising
In addition to a strong rewards program, CardName holders can look forward to a plethora of valuable travel perks, including:
- Up to $100 in Hyatt statement credits: You can earn a $50 statement credit per qualifying Hyatt purchase with your card up to two times each anniversary year. Qualifying Hyatt purchases are single transactions of $50 or more made at Hyatt hotels and resorts (including at participating restaurants and participating locations that are owned, managed, franchised or licensed by Hyatt Corporation or its subsidiaries or affiliates).
- 10% bonus point redemption: After spending $50,000 in a calendar year you can get 10% of your redeemed points back for the rest of the year.
- Hyatt leverage program: Enjoy exclusive member discounts of up to 15% off of standard Hyatt hotel rates.
- Trip cancellation and interruption insurance: Allows you to be reimbursed up to $6,000 per trip for “pre-paid and non-refundable passenger fares” if your trip gets canceled or is cut short as a result of sickness, bad weather or other covered scenarios.
- Travel and emergency assistance services: Can connect you with legal and medical help if you encounter an emergency while traveling.
- No foreign transaction fees: Helps you save money while traveling internationally.
- Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
- $0 intro annual fee for the first year, then $95.
- Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 intro plan fees on plans created during the first 12 months from the date of account opening. Plans created after that will have a monthly plan fee up to 1.33% of each eligible purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
- Low Intro APR: 0% on purchases and balance transfers for 12 months from the date of account opening. After that, your APR will be a variable APR of 19.24% - 29.99%. Variable APRs will not exceed 29.99%.
- 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
- 6% Cash Back on select U.S. streaming subscriptions.
- 3% Cash Back at U.S. gas stations.
- 3% Cash Back on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
- 1% Cash Back on other purchases.
- Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
- Get up to $120 in statement credits annually when you pay for an auto-renewing subscription to Equinox+ at equinoxplus.com with your Blue Cash Preferred® Card. That's $10 in statement credits each month. Enrollment required.
- Thinking about getting the Disney Bundle which can include Disney+, Hulu, and ESPN+? Your decision made easy with $7/month back in the form of a statement credit after you spend $9.99 or more each month on an eligible subscription (subject to auto renewal) with your Blue Cash Preferred® Card. Enrollment required.
- Terms Apply.
To redeem your CardName points, go to wordofhyatt.com and sign into your account. From there, you can redeem your points for:
- Free stays at Hyatt
- Meeting rooms or event at Hyatt
- A relaxing massage at the spa
- Rental cars through Avis
In addition, you can convert your points to miles with certain airlines. However, this often isn't as good of deal as you'll likely get less miles in exchange for your points.
If you're working towards gaining a higher elite status with Hyatt, the CardName can help get you there. With the card you automatically gain Discoverist status — a lower tier elite status that otherwise requires 25,000 base points. This grants you access to exclusive benefits such as late check-out (2:00 PM), premium in-room internet, and waived resort fees. On top of that, you can get an extra 10% on qualifying Hyatt purchases.
For every 10,000 you spend in a calendar year you'll earn five tier qualifying night credits towards Explorist or Globalist status, where you'll have access to even more benefits. For example, if you reach Globalist status, you can check out even later at 4:00 PM and have access to suite upgrades, in addition to number of other valuable perks.
For a lot of folks, the main drawback of the card could be its AnnualFees annual fee. If you don’t travel a lot, it could be difficult to offset this expense. In addition, only receiving one point for purchases in non-bonus spending categories could be an issue if you prefer flat bonus rates (such as 1.5 points for every purchase made).
Also, there are limited redemption options. This is understandable since it’s tied to the Hyatt brand; however, if you prefer a wide selection of redemption options (think cash back, gift cards and a variety of hotels), this card is likely not a good fit.
CardName vs. CardName
Similar to the CardName, the CardName card comes with a hefty sign-up bonus — 100,000 bonus points. However, you have to spend $8,000 in three months to earn it. The bonus is worth $1,000 when redeemed for cash back and $1,250 when redeemed for travel through the Chase’s Ultimate Rewards; additionally, you can transfer Ultimate Rewards points to Hyatt (and numerous other hotel and airline partners) on a 1:1 basis and potentially make that bonus go even further. Unlike the CardName, you can redeem your points for flights, travel and a variety of hotels.
With the CardName you earn three points per dollar on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. You earn one point for every dollar spent on other purchases.
CardName, like the Hyatt card, comes with no foreign transaction fees, trip cancellation and trip interruption insurance and travel and and emergency assistance services.
The CardName has an annual fee of AnnualFees.
CardName vs. CardName
CardName doesn't offer new cardholders the opportunity to earn a welcome offer, but it does come with no annual fee. American Express is a CardRatings advertiser.
Unlike the CardName, CardName only offers one option for earning rewards: cash back. It offers 2% cash back on all purchases (up to $50,000) per calendar year. Afterward, you receive 1% cash back on all purchases.
The also card has a 0% intro APR on purchases for 12 months; afterward a variable APR between RegAPR kicks in. This can help you save money on interest and better manage cash flow for your business.
CardName vs. CardName
CardName has a decent welcome offer. You can earn 70,000 membership rewards points after spending $10,000 within the first three months. It offers four points per dollar on the first $150,000 annually for the two qualifying categories your business spends the most per month. And it offers one point per dollar for other eligible purchases. You can receive four points per dollar in these categories: gas stations; TV, online, and radio advertisements; purchases made from qualifying technology providers; restaurants; and U.S. shipping fees.
Membership reward points can be redeemed for travel, gift certificates, Amazon purchases through Shop With Points or transferred to an eligible frequent flyer program.
Compared with the CardName, it has a higher annual fee of AnnualFees.
The CardName is a good card if you travel a lot and enjoy staying at Hyatt hotels and resorts. It comes with several wonderful benefits and perks that can offset the annual fee such as rewards, discounts and statement credits.
However, if you’re someone who doesn’t travel often, you may benefit more from getting a business credit card without an annual fee, such as the CardName.
World of Hyatt Business Credit Card Compared to Other Cash back Cards
Disclaimer: The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.
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