New Hyatt Credit Card- Instant Platinum Status and Two Free Nights
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).
[card card-name='Chase Sapphire Preferred® Card' card-id='22125056' type='javascript' bullet-id='1']
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app