Credit Cards Hotels

A New Targeted 40K Hyatt Card Offer – What You Need to Know

Hyatt credit card
Written by Charlie

There is a new 40K Hyatt card offer that has been sent out to many individuals! This post compares it to the regular offer to help you decide.

This week, a new Chase Hyatt card offer came out that offers points instead of nights. Such an offer came out last year around this time and it was very popular – for those who were targeted. If you were targeted for this offer, here are some things and comparisons to know to help you figure out if you should apply.

Targeted 40K Hyatt Card Offer – Should You Apply?

Park Hyatt Mallorca Review

The Park Hyatt Mallorca – a Category 5 hotel

Last year the offer was at 50,000 points so right away, this new 40K Hyatt card offer needs to be examined more carefully in light of the fact that it is smaller than last time. So, with that in mind, let’s break it down and see if you should apply!

The 40K Hyatt Card Offer

The spending is up this year as well so if you were targeted, here is what you will need to know:

  • Must spend $2,000 in 3 months to get the bonus
  • 40,000 Hyatt points after meeting the spending
  • Hyatt card not included in the Chase 5/24 group
  • You cannot have had the sign-up bonus in the previous 24 months or have the card when you apply
  • Annual fee is $75 and not waived
  • 5,000 bonus points for adding an authorized user

Just about everything is the same with the public offer – except it is points instead of nights.

The 2 Free Nights Hyatt Offer

Link: Chase Hyatt Visa Card Offer

The public offer that has been around for a while is 2 free nights at any Hyatt. That is a fantastic deal! An offer like that is devaluation-proof. Each year hotels change certain properties in their categories for award redemptions. The really good properties get bumped up one and sometimes two categories. With a 2 free night offer at any Hyatt, that makes the card offer immune to the category changes.

To get the most value out of this offer, it is always best to redeem at hotels that are either very expensive on the nights you want to travel (like a Category 6 that is costing $700+ per night) or what most people go for – the top-tier Category 7 properties. Let’s look at those:

As you can see, each of those properties is a Park Hyatt, Hyatt’s top-tier, luxury brand. Each of them can easily run close to and over $1,000 per night so redeeming your two free nights at these properties would give your credit card bonus a $2,000+ value – awesome!

In addition to the free nights, this offer also offers 5,000 points for adding an authorized user (and having them make a purchase).

If you plan on redeeming for those properties, the 2 Free Night offer could very well be what you need…but, keep reading to see if that is definitely what you should do!

The 40K Hyatt Card Offer

I have long wanted a point bonus offer from the Hyatt credit card. Why? Because points give great flexibility in how they are used and can get some extreme value. Before we get into that, let’s look first at how this offer stacks up against the 2 Free Night offer when used for Category 6 & 7 properties.

Redeeming For Category 6 & 7 Properties

Category 7 Hyatt hotels require 30,000 points per night. That means that this offer is going to miss the mark of what you would need to redeem for the properties listed above. Category 6 hotels require 25,000 points per night which puts them much closer to this offer than Category 7 hotels do.

Let’s see what this 40K Hyatt card offer gives:

  • 40,000 points after spending $2,000
  • 2,000 points from the spending
  • 5,000 points from adding an authorized user and having them use the card once (which the above offer has also)
  • Total points – 47,000 points

As you can see, the card’s total offer and spending requirements leave you just shy of the 50,000 points required if you wanted to stay two nights at a Category 6 property. But, it is still 13,000 points from the top-tier Category 7 properties. Yes, you can transfer Ultimate Reward points to Hyatt at a 1:1 ratio, but that takes more that what the 40K offer has to offer.

That is really the clear winner for the 2 Free Nights offer – if you plan on redeeming at a Category 6 or 7. Let’s look at some other ways that the point offer may be better.

Winner: 2 Free Nights Offer

Many Free Nights – Up To 8

40K Hyatt card offer

The 40,000 point offer could give you up to 8 nights!

The Hyatt point chart for free nights goes from 5,000 points for a Category 1 to 30,000 points for a Category 7. If you were to redeem the 40,000 point offer for Category 1 properties, that would give you a total of 8 free nights with this offer!

Of course, you could also mix it up. A Category 3 (like this one in Abu Dhabi) costs 12,000 points per night. The 40,000 point offer gives you 3 nights at that property and still leaves you with 4,000 in your account. Even redeeming for a Category 5 at 20,000 points per night gives you the two nights that the 2 Free Night offer gives.

A Category 4 requires 15,000 points per night so that would bring you in at 2.5 free nights. Jumping up to a Category 5 requires 20,000 points per night so this offer would only give you 2 nights at one of those properties.

Winner: 40,000 Point Offer

Points+Cash Nights – Up To 16

40K Hyatt card offer

Using the 40,000 point offer for Points+Cash redemptions could give 16 nights!

I am a big fan of the Points+Cash redemption method with Hyatt. It gives a great balance to paying some cash while also using your points and lets you earn elite night credit and allows you to use a Diamond Suite Upgrade!

Using Points+Cash for a Category 1 with the points from this offer would give you a total of 16 nights from just the points! That is huge! With the 2 Free Night offer, you do not have any points to use for a Points+Cash mix so you are stuck just getting two nights instead of mixing it up.

Winner: 40,000 Point Offer

No Expiration

40K Hyatt card offer

You could get 3 nights at the Hyatt Capital Gate with the 40,000 point offer!

The 2 Free Nights will expire a year after they are issued so it is a card offer that is best holding off for until you know how and when you plan on using the nights. Points do not have an expiration so you are free to collect the points from the 40,000 point offer and just use them as you like over time instead of having to use them in a set amount of time.

This works great because it gives you an offer that you could really apply for at any time and then have the points in your account for when that special trip comes up.

Winner: 40,000 Point Offer

Ultimate Reward Saver

Every January when Hyatt hotels shift categories, many people book rooms at the hotels that are going up so they can lock in the lower amount. For some people, that kind of speculative booking means that they have to transfer Ultimate Reward points into their Hyatt account to make the booking. The problem with that is that if they cancel the booking later, they cannot put the Hyatt points back into their Ultimate Reward account. So, a change of plans might mean they have a lot of their Ultimate Reward points in their Hyatt account where they may not have any great need for anymore.

This 40K Hyatt card offer gives you a lot of points that you can leave in your account for those times when speculative bookings can make a lot of sense. This way, you do not have to transfer your valuable Ultimate Reward points in for a speculative booking – you already have 40,000+ points in the account!

Transfers & Other Uses

Of course, you can also use Hyatt points for things like dining and spa treatments at Hyatt hotels as well as redeeming points for suite upgrades. While the dining/spa redemptions are not normally the best use of points, you at least have points that you could use for those purposes now if you get the 40,000 point offer.

Another great part about the point offer is that you can transfer your points to friends or family. If you have a family member that you book the awards out of, you could transfer your points to their account for redemptions. This is better than the 2 Free Night offer as the person who has the nights has to be staying in the room. That may not always work for everyone so the points are a better option if you are going to be using the redemptions for different people.

Finally, Diamond members are allowed to book reward nights for friends and family and have them share in their benefits. Getting points as a Diamond member to book rooms for other people can be a nice benefit as well – something that you cannot do with the 2 Free Night offer.

Winner: 40,000 Point Offer


As you can see, unless you are only redeeming at the Category 6 or 7 properties, the winner is the 40,000 point offer. If you have received that offer, and you do not have plans for a Category 6 or 7 hotel stay, you should definitely strongly consider the 40K Hyatt card offer. In fact, even if you are planning to stay at Category 6 hotels the 40K Hyatt card offer may be better. Why? Because it only leaves you a few thousand points shy and it still gives you that added flexibility.

But, what if you haven’t received it? I think there is the chance that this could have a wider rollout at some point. Last year, additional customers received the offer about a week after the initial roll-out. If you are not in a hurry for the Hyatt credit card, I would hold off on applying for now as you cannot have received a sign-up bonus on the card within 24 months to be eligible, according to the terms.

Did you receive the 40K Hyatt card offer? Will you apply for it?

HT: reddit u/physixfan

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About the author


Charlie has been an avid traveler and runner for many years. He has run in marathons around the world for less than it would cost to travel to the next town - all as a result of collecting and using miles and points. Over the years, he has flown hundreds of thousands of miles and collected millions of miles and points.
Now he uses this experience and knowledge to help others through Running with Miles.

1 Comment

  • Before, I would’ve jumped on an offer like this, but since Hyatt decimated the cat 1 and cat 2 parts of their award chart (I mean domestically), I no longer view Hyatt points as that valuable.

    I’m a Hyatt Diamond, but I no longer have an interest in banking Hyatt points.