Hyatt Q1 Stay More, Earn More Promo With Credit Card Incentive
Update: Some offers mentioned below are no longer available. View the current offers here.
Last night the Oneworld Mega Do domestic portion kicked off with a party at the Dallas Ft. Worth Airport Hyatt Regency. Hyatt is the hotel sponsor of the event, so naturally Gold Passport head Jeff Zidell addressed the crowd and unveiled their new spring promotion.
I was able to snap a picture before he flipped the slide, but it's at an angle so here's the key information:
1) The promo is based on nights, not stays
2) Bonuses are cumulative, so you get each level threshold when you hit those number of nights, plus any prior bonuses
3) You get a 25% bonus if you have the Chase Hyatt Visa
Bonuses:
4 nights = 4,000 point bonus plus 1,000 if you have the credit card
8 nights = 8,000 additional bonus points plus 2,000 additional if you have the credit card
12 nights = 12,000 additional bonus points plus 3,000 additional if you have the credit card
16 nights = 20,000 additional bonus points plus 5,000 additional if you have the credit card
Total haul if you do 16 nights would be 44,000 plus 11,000 if you have the credit card
My Take
This is a pretty decent promotion, especially compared to the competition. Starwood is currently offering a double/triple promotion through April 8, 2012 that gives double points on stays of 2 nights or less and triple for 3 days or more. The Starwood promotion favors those with expensive stays that stay at least 3 nights in a row, whereas Hyatt is better for those who may have a bunch of different 1 night stays - even at cheap properties.
Hyatt also has lower thresholds for their top hotels - only 22,000 points for their nicest properties including Park Hyatt Paris and Maldives.
This also gives a solid incentive to get the Hyatt Visa, which I was going to apply for anyway during my next round of credit card applications. As a Diamond member, the sign-up bonus is 2 nights in a suite after $1,000 spend within the first 3 months at any Hyatt after my first purchase. Plus, you get an additional 3 Hyatt points per dollar spent at Hyatt and the card does not have foreign transaction fees. It does have a $75 annual fee, but you get a free night at a category 1-4 night every year upon renewal, which more than pays for the annual fee.
Current Platinum members get 2 award nights and two suite upgrades after first purchase.
Non-elites get 1 night free after first purchase and another night after spending $1,000 within 3 months.
TPG featured card
at Bilt's secure site
Terms & restrictions apply. See rates & fees.
| 1X | Choose to earn up to 1X points on rent and mortgage payments with no transaction fee |
| 2X | Earn 2X points + the option to earn 4% back in Bilt Cash on everyday purchases |
Pros
- Choice to earn up to 1 Bilt Point per dollar spent on rent and mortgage payments
- Elevated everyday earnings with both Bilt Points and the option to earn Bilt Cash
- $400 Bilt Travel Portal hotel credit per year (up to $200 biannually)
- $200 Bilt Cash annually
- Priority Pass membership
- No foreign transaction fees
Cons
- Moderate annual fee
- Designed primarily for members seeking a premium, all-in-one card
- Earn points on housing with no transaction fee
- Choose to earn 4% back in Bilt Cash on everyday spend. Use Bilt Cash to unlock point earnings on rent and mortgage payments with no transaction fee, up to 1X.
- 2X points on everyday spend
- $400 Bilt Travel Hotel credit. Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
- $200 Bilt Cash (awarded annually). At the end of each calendar year, any Bilt Cash balance over $100 will expire.
- Welcome bonus (subject to approval): 50,000 Bilt Points + Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash.
- Priority Pass ($469/year value). See Guide to Benefits.
- Bilt Point redemptions include airlines, hotels, future rent and mortgage payments, Lyft rides, statement credits, student loan balances, a down payment on a home, and more.