Hyatt Reducing Credit Card Sign-Up Bonus, Effective June 29
Update: Some offers mentioned below are no longer available. View the current offers here.
We're learning of some disappointing news from Chase and Hyatt today. Effective June 29, 2017, the Hyatt Credit Card sign-up bonus will be dropped from two free nights at any Hyatt property in the world to 40,000 points after meeting the required minimum spend.
The Hyatt Card currently has a sign-up bonus of two free nights after spending $2,000 in the first three months of account opening. That bonus has the potential to be extremely valuable, as the two nights can be used at any Hyatt hotel or resort in the world. When rates at some properties — like the Park Hyatt New York — exceed more than $1,000 per night, the two free nights bonus presents tremendous value.
However, as of June 29, that bonus will be changing to 40,000 World of Hyatt points after spending the same $2,000 within the first three months. Based on TPG's most recent valuations, 40,000 points are worth $720. So, while the points you earn from signing up and bonus points you'll earn from meeting the minimum spend will still put you well on your way to a Hyatt redemption, which start at 5,000 points per night, the two free nights offer potentially more value, since Hyatt's top hotels require 30,000 points per night.
Other card features will remain intact, though. You'll still earn 3x points on Hyatt purchases, 2x points at restaurants, airline tickets purchased directly from the airline and at car rental agencies and 1x points on all other purchases. In addition, you'll continue to get a free night at any Category 1-4 property every year as long as you're a cardholder, complimentary Discoverist status and there will continue to be no foreign transaction fees. Essentially, the only change with this news comes in the form of its sign-up bonus.
If you've been thinking about signing up for the Hyatt Card, it could be best to apply by next Wednesday, June 28, in order to take advantage of the two free night offer. Keep in mind that the Hyatt card doesn't appear to fall under Chase's 5/24 policy. Overall though, it's nice of Chase and Hyatt to give potential new cardholders a bit of notice so you can plan in advance and ensure you're able to get the two free nights if that's what you'd prefer. Of course, if you think the 40,000 points present more value for your situation, it'll be worth waiting a bit until that sign-up bonus becomes available on June 29.
TPG featured card
at American Express's secure site
Terms & restrictions apply. See rates & fees.
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 5X | New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App. |
| 3X | Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines. |
| 2X | Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Pros
- Valuable dining and food-related credits
- Flexible rewards with airline and hotel transfer partners
- Multiple travel and purchase protections
- No foreign transaction fees
- Access to Amex Offers for additional savings (enrollment required)
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
- Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
- Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- Pay It® lets you tap in the American Express® App to quickly pay for small purchase amounts throughout the month and still earn rewards the way you usually do. Plan It® gives you the option to split up big purchases into equal monthly payments with a fixed fee. You’ll know upfront exactly how much you’ll pay.
- Updated! $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub (including Seamless), Buffalo Wild Wings, Five Guys, The Cheesecake Factory, and Wonder. This can be an annual savings of up to $120. Enrollment required.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year at over 10,000 qualifying U.S. Resy restaurants after you pay for eligible purchases with the American Express® Gold Card. That’s up to $50 in statement credits semi-annually. Enrollment required.
- $84 Dunkin' Credit: Earn up to $7 in monthly statement credits after you pay with the American Express® Gold Card at U.S. Dunkin’ locations. Enrollment required.
- $120 Uber Cash on Gold: Enjoy up to $120 in Uber Cash annually with your Gold Card. Just add your Card to your Uber account and you'll get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an Amex Card for your transaction.
- New! As an American Express® Gold Card Member, you can enjoy complimentary Hertz Five Star® Status. Enjoy benefits like skipping the counter at select locations, adding an additional driver at no additional cost*, and vehicle upgrades**. Benefit enrollment and Hertz Gold+ registration are required. *Additional drivers must meet standard rental qualifications and must be a spouse or domestic partner to qualify as complimentary. Other additional drivers subject to fees. **Benefits are subject to availability and vary by location. Additional Hertz program Terms and Conditions including age restrictions apply.
- Take advantage of a $100 credit towards eligible charges* at over 1,300 upscale hotels worldwide when you book The Hotel Collection through AmexTravel.com or the Amex Travel App **. *Eligible charges vary by property. **The Hotel Collection requires a two-night minimum stay.
- Book your travel through the Amex Travel App with added peace of mind – backed by American Express® service and support. Only for American Express® Card Members.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.