The new World of Hyatt card has been out for a while now and many people had cancelled their old one and are waiting for their 30 days to be up to apply for the new World of Hyatt card. However, some people are actually going the upgrade route. If that is you, you can now upgrade to the World of Hyatt card online.
Upgrade to the World of Hyatt Card Online
How to Upgrade to the World of Hyatt Card Online
The process is actually very simple – all you need are the following pieces of information to begin the process to upgrade to the World of Hyatt card online:
- First Name
- Last Name
- Last 4 Digits of your card
- Zip Code
- E-mail (optional)
There you go! After you complete this and make your first purchase on the new card, you will receive 2,000 bonus points for the upgrade.
But, Should You?
Not everyone that has the Hyatt card should upgrade to the new World of Hyatt card. In light of that, here are some thoughts to help you decide if you should upgrade to the World of Hyatt card.
Did You Just Apply for the Old Hyatt Card in the Last 24 Months?
Go ahead and upgrade. This is because you will not be eligible for a Hyatt card bonus if you already had one in the last 24 months.
It also means that you will not be resetting the 24 months calendar if you upgrade. So, if you got the old Hyatt card last year, you would be able to upgrade now and then close that new card in a little over a year before applying for it again to get the bonus.
Have You Had the Old Hyatt Credit Card for Longer Than 24 Months?
Here is where it gets a bit tricky. The answer depends on what your goal is with cards from Chase. I think the sign-up bonus of 60,000 Hyatt points is awesome and definitely worth over $1,000. But, maybe you are not that loyal to Hyatt or maybe you would rather get something like airline miles or Ultimate Reward points.
If you have a specific chase card in mind and are at 4/24 or 5/24 and up, upgrade.
While the new World of Hyatt card does not currently have the Chase 5/24 rule apply to it, it will count towards your 5/24 number. So, if you are waiting for something like the Chase Sapphire Reserve/Preferred and you are at 4/24 (and won’t drop any lower in the next few months), it is better to upgrade.
If you are under Chase’s 5/24 and already have the old Hyatt card (for at least 24 months), don’t upgrade.
If this above one is you, the best thing to do would be to close your Hyatt credit card and wait a couple of weeks to a month. Then apply for this new World of Hyatt credit card. This way, you will get all of the fantastic earning potential plus you will get the 60,000 points
If You Have the Old Hyatt Card and Are Not Eligible to Get the New One, Should You Upgrade?
Here is the thing – shortly after I wrote the last upgrade post, Chase stopped taking applications for the old Hyatt card. I would imagine they would be grandfathering people to the new World of Hyatt card at some point. The problem for them is it comes with a $95 annual fee – $20 higher than the old one has.
To lessen that blow right now, they are offering a 2,000 point bonus to upgrade.
If you really don’t care about the new features on the World of Hyatt card and you just keep the old one for now for that anniversary free night, I would hold off on upgrading right now. Chances are that Chase may actually offer you a bit more to upgrade in the future if they are trying to close down the old line. Either way, you can save $20 now by not upgrading if you do not plan to put any spending on it.
Chase and Hyatt clearly designed this new World of Hyatt card to be a card that customers actually spent on. The old Hyatt card was a perfect sock drawer card but Chase has done some nice things to encourage spending with the new one.
While it is nice to have the brand new thing, you may want to look over your options as to whether you are better off upgrading now, shutting your card down and applying for a new one, or just sitting on it to see what happens.