Barely a day goes by that I do not go through my routine of searching for new/improved credit card offers. At the top of my search list is the Hyatt 50,000 point card offer. Based on what I heard from readers when the targeted offer was out there, this would be tremendously popular. So, where is it?
Where Is The Hyatt 50,000 Point Card Offer?
Current Public Hyatt Offer
The long-standing public offer on the Hyatt card is 2 free nights at Hyatt hotels – Category 1 through 7. This continues to be one of my favorite hotel card bonuses and a great card to keep as it comes with an anniversary night for a Category 1 – 4 each year. This card has changed a bit since it was initially offered but the changes have mostly involved the annual fee and the spending requirement. Those points currently stand at a $75 annual fee (waived the first year) and the free nights after spending $1,000 in 3 months.
The current public offer can be found here and includes a bonus of 5,000 points if you get an authorized user card and something is spent on it in the first 3 months.
The 50,000 Point Offer
When it was released in its targeted form last October, it was structured that the applicant would receive 50,000 points after spending $1,000 in 3 months. It was targeted to e-mail recipients (always pays to check your e-mail!) and was available until the end of November. It also had the 5,000 point bonus for an authorized user. Check this post for a comparison between the two offers and what kind of value the 50,000 point offer can give.
So, Where Is It?
This was a very strange offer as it is not often that a card comes out with a different bonus structure. For an airline card, it would have been like the Southwest card(s) offering 2 free flights anywhere instead of 50,000 points (but in the reverse with the Hyatt situation). Since it is not common for this switching up of card bonus products, the Hyatt targeted offer last year was likely a test to see how well something like that would work in the increasing of card applicants and how the points were used.
It has been almost 3 months since the end of that offer and I am pretty sure it has given Chase/Hyatt enough time to decide if this offer was good for them as they may have hoped. I would have to think that it would have been hugely popular but at the same time, the accounts we had it targeted to (and same with some others) was an account with absolutely no activity after its creation. If that is the case across the board, it was likely that many of those account holders did not realize the value of points vs 2 free nights.
Should You Wait For It?
Here is the dilemma many are facing and for which I have received many questions – should you wait to see if this offer comes back in a public form? The issues that people are facing are that this card, like other Chase co-branded cards, will soon fall under the Chase 5/24 rule for applicants. Many people are wanting this card and considering signing up for it before that rule goes into affect in April.
The other part is that Chase has the same language on this card that it has on others – to be eligible for the offer, you cannot have received the bonus on the card in the last 24 months. While Chase normally matches to a better offer if you apply and the offer increases, I am not sure if they would match to a completely different offer if you were to apply now and it changes later.
Last February, we saw Hyatt launch a special promo for card holders where you would receive a 20% rebate on points used. That was incredible and they actually changed the terms to allow new cardholders (after the promo was introduced) to get in on it as well. That tells me it was definitely something to try and get new cardholders.
Possibly Come Back In The Spring?
Well, it has been a year and many people will be considering whether to keep it or dump it now. This combined with the new policy in April that will likely result in many people not being able to get new Chase cards (because they have more than 5 new accounts in the last 24 months) causes me to believe that we may likely see the Hyatt 50,000 point offer come out in April or May, if it is to come out at all.
Those are my thoughts and my analysis on whether the Hyatt 50,000 point bonus may come back publicly and when that may be. I could be completely wrong on all of this but I do think it is worth taking into considering if you are wondering whether to add this card to your wallet. For many, I think the Hyatt 50,000 point offer would be much better.
Would you be interested in the Hyatt 50,000 point offer instead of the 2 free nights?