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Update: The current offer for the Hyatt Visa is 2 free nights after $1,000 in spend within the first 3 months.
On Friday I wrote that Chase might be changing the Hyatt Visa offering this week, but unfortunately I didn’t have the details at the time. The Hyatt Visa was on my “to do” list for a while, so I went ahead and applied because I didn’t want to lose out on the sign-up bonus of two free nights in a suite, which to me is worth at least $1,000.
They just updated the card and it looks like it’s all positive changes:
1) There’s no longer a minimum spend to get the free nights (it used to be $1,000 spend within 3 months for all non-Diamond members).
2) Current Platinum members who apply for the card now get two suite upgrade certificates that will upgrade a standard room to a suite on paid stays of up to 7 days each. Per the offer details these seem like the same upgrade certificates that Diamond members get every year.
“Suite Upgrade Awards are valid for use within one year from issuance on paid nights, each for one stay of a maximum of 7 consecutive nights, at participating Hyatt Hotels and Resorts where suite accommodations are available. Suite Upgrade Awards are not available on all suite types. Awards cannot be combined. Awards are not transferable. After qualifying, please allow 10 days for your Awards to post to your Hyatt Gold Passport account.”
3) The card now comes with Smart Chip technology, which makes it more useful for international spend – especially since it doesn’t have a foreign transaction fee.
Overall, this is good news, especially if you are looking for a card sign-up that doesn’t require any minimum spend. If you don’t have Hyatt status, but do with another hotel chain, I’d recommend asking for a status challenge before applying for the card so you can get the suite benefits. All you have to do is email email@example.com.
If you applied last week and prefer this offer, send Chase a secure message or call them and ask them to switch you to this offer. If you are a Platinum member, those two free suite upgrade certificates are valuable – as a Diamond I get 4 a year and use every single one of them. Since this isn’t a new card product, they should be able to switch your account to this offer. Chase has exceptional customer service, so please feel free to report back your experience.
Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.
- Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
- Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
- No foreign transaction fees
- 1:1 point transfer to leading airline and hotel loyalty programs
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
- No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards