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Update: Some offers mentioned below are no longer available. View the current offers here – The Hyatt Credit Card
Yesterday, we reported that Hyatt was offering an instant match to Diamond status if you currently hold a similar elite status from a competing chain. Hyatt’s most generous offer in quite some time was obviously in response to last week’s Marriott/Starwood merger announcement, and the outcry from Starwood Preferred Guest members that followed.
However, Hyatt was matching status from other chains as well, including Hilton and IHG — there are even some reports of lower status being matched to Diamond, including SPG Gold, which you can even get for free with The Platinum Card from American Express, or after spending $30,000 in a calendar year with the Starwood Preferred Guest Credit Card from American Express. Hyatt is apparently still matching SPG Platinum to Hyatt Diamond, but lower tiers from Starwood (and other chains) will now be matched to Platinum, which is included as a benefit of the Hyatt Credit Card.
If you did manage to get upgraded to Diamond, however, I have some VERY good news. Rather than just receiving four Suite Upgrade Awards valid through February 28, 2017 (when the matched status expires), you’ll receive four additional upgrades that you can redeem through February 29, 2016. So you’ll get four upgrades within 24 hours of the status match, plus another set of four in February of next year.
Suite Upgrade Awards are an incredibly generous perk — you can get a stay of up to seven consecutive nights instantly upgraded to a base suite right when you book (using cash or Points + Cash), and while certificates must be redeemed by the expiration date, they can be applied toward future stays.
Here are the Suite Upgrade Award terms from Hyatt:
For purposes of this award, a suite provides for one-bedroom accommodations. Suite upgrade award is not valid toward Specialty, Premier, Presidential or Diplomatic Suites. Suite upgrade may not be booked at Hyatt hotels or resorts before they have opened. Suite upgrade is available on paid nights, for a maximum of 7 consecutive nights; excludes Park Hyatt Beaver Creek Resort , Park Hyatt Maldives Hadahaa, Park Hyatt Sydney, Andaz Tokyo, Hyatt Regency Kyoto, Hyatt Regency Phuket Resort, Hyatt Regency Tulsa, Hyatt Regency Wichita, Hyatt Paris Madeleine, Hyatt Herald Square, Hyatt Key West Resort and Spa, Hyatt Manila City of Dreams, Hyatt Santa Barbara, Hyatt Residence Club resorts, Hyatt Place and Hyatt House hotels Hyatt Residence Club properties or M life resorts.
While there are some notable exclusions, the vast majority of Hyatt properties are eligible, giving you plenty of options for redeeming your upgrades. TPG contributor Nick Ewen estimated that Suite Upgrade Awards are worth $800 (so $1,600 in this case), but you’ll be able to get much more value out of them at higher-end properties, especially since they can be applied to Points + Cash stays, and you can instantly transfer Ultimate Rewards points earned with cards like the Chase Sapphire Preferred to Hyatt.
If you’ve reached out to Hyatt regarding the status match but haven’t received a response, you should hear back within a few days. Gold Passport reps are clearly a bit behind due to the overwhelming interest.
The Points Guy Assessment: The Chase Sapphire Preferred is a great pick for the beginner and the frequent traveler. The CSP has superb travel benefits, double points on certain purchases, and a 50,000 point sign up bonus. The $95 annual fee is waived the first year so this puts it as one of the less expensive cards, while still allowing you to earn one of the most valuable point currencies.
The Points Guy Assessment:
The Chase Sapphire Preferred is a great pick for the beginner and the frequent traveler. The CSP has superb travel benefits, double points on certain purchases, and a 50,000 point sign up bonus. The $95 annual fee is waived the first year so this puts it as one of the less expensive cards, while still allowing you to earn one of the most valuable point currencies.