New Hyatt Credit Card- Instant Platinum Status and Two Free Nights

Sep 13, 2010

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Hyatt recently announced that they are launching a co-branded Visa credit card. (Application link)

For the $75 annual fee, you get:
1) Two free nights at any Hyatt (including Park Hyatt) after $1,000 spend within the first 3 months.
2) Instant Platinum status, which means 15% bonus points and enhanced customer service
3) 3 Gold Passport points per dollar spent at Hyatt hotels
4) 1 Gold Passport point per dollar spent on all other purchases
5) No foreign transaction fees
6) Lost baggage/ trip insurance

Overall, if you use the free nights at top tier hotels, its roughly a sign-up value of 44,000 points- pretty good in the scheme of hotel cards and on-par with the 30,000 Starwood promo that was run earlier this summer.

Overall, I think the card is a pretty good deal for $75. However, I’d still probably recommend the Starwood Amex because Starwood points transfer to airlines at much better ratios (1 point = 1.25 airline miles when you transfer 20,000, whereas 1 Hyatt point = .5 airline miles when transferring 50,000).

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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