The brand new World of Hyatt Credit card was just released this morning. You can check this post for all the details about this new card. Put simply, Hyatt did a great job with this card – and only at a $20 increase per year over the regular Hyatt card.
Should You Upgrade to the New World of Hyatt Credit Card?
Obviously, many current plain Hyatt credit card members are wanting to get this card instead of the regular card they currently hold. Fortunately, you can product change/upgrade from the regular Hyatt card to the new World of Hyatt credit card. But, should you?
How to Upgrade from the Hyatt Card to the New World of Hyatt Credit Card
You can upgrade from your current Hyatt card to the new World of Hyatt credit card through two methods:
- Call Chase with the phone number on the back of your Chase Hyatt card
- Send them a secure message through the Chase website from within your account
They will be able to switch you immediately except for one thing – you need to have held your Hyatt credit card for at least 12 months (since there is an annual fee increase).
What Do You Get?
Reports are that Chase will give you 2,000 points for switching. Normally, that wouldn’t be worthy of getting excited about but I think most people would switch without the points being offered!
Who Should Upgrade to the New World of Hyatt Credit Card?
Let’s get fees out of the way – the regular Hyatt card has a $75 annual fee and the new World of Hyatt credit card has a $95 annual fee. If you currently hold the Hyatt card, chances are you are already at peace with getting $75 of value out of that card (easy to do with the anniversary free night at Category 1 – 4). So, is spending an extra $20 worth the upgrade?
Here is what you will get, the key points anyway, with the new World of Hyatt credit card:
- 4X Hyatt points on Hyatt purchases
- Another free Category 1 – 4 Hyatt night with $15,000 in spending in the cardmember year
- 5 elite nights per year
- 2 elite nights for every $5,000 in spending
This card would be worth upgrading for two kinds of people – elite members who may struggle to reach Explorist or Globalist status, and people that want to spend $15,000 in a year to get that extra anniversary night.
If you are a mixture of both, here is what that $15,000 extra in spending on the card will give you:
- Another Category 1 – 4 free night (in addition to the one you get for just holding the card)
- 11 elite nights
Of course, you will also get 15,000 extra Hyatt points but I will leave that out because you would be getting points someplace else if you put that spending on another card.
So, is the $20 extra worth it if you can do the $15,000 in spending? I can say yes, I think the extra $20 is definitely worth it for what you are getting for the $15,000 in spending.
Now, if you put that $15,000 in spending on something like the Chase Freedom Unlimited, you would receive 22,500 Ultimate Reward points (if you have a UR-earning card to transfer the points earned on the Freedom Unlimited to). With that, you could use that for 4 free Hyatt nights at a Category 1. Those nights would count towards elite status.
But, by doing that spending on the World of Hyatt credit card, you will be getting even more elite nights (without spending the nights), a free night, and the 15,000 World of Hyatt points.
Two last things to think about – you cannot get the World of Hyatt credit card if you have a Hyatt card now (you can switch though) or if you have received a bonus in the last 24 months. But, if you upgrade to the World of Hyatt card, you would still be eligible for a bonus on it after it has been 24 months since you received the sign-up bonus on the current Hyatt card – as long as you close your Hyatt card before actually applying for it as a new card.
Do you think it is worth upgrading to the new World of Hyatt credit card?
Editorial Note - Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
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