The new Chase World of Hyatt Business Credit Card is an intriguing option for frequent Hyatt travelers, especially big spenders who need extra elite qualifying nights to hit top-tier Hyatt Globalist status. It has an outstanding welcome bonus and an intriguing earnings proposition.
It’s common for brands to have both a personal card and a business card and, in many cases, the benefits are similar. With the Chase World of Hyatt Business card, while there are some similarities, the earning structure and benefits are quite different from the personal Hyatt card.
The Chase World of Hyatt Business Credit Card at a glance
The World of Hyatt Business credit card is a small-business credit card issued by Chase. Because it’s a business credit card, you will need to provide your business information when applying for the card. Currently, the World of Hyatt Business Credit Card is offering an initial welcome bonus of 75,000 World of Hyatt points after spending $7,500 within the first three months of having the card.
As you’ll see, the World of Hyatt business card has a unique earning structure and several benefits that make it an intriguing option, especially for travelers who are aiming for Hyatt elite status.
The card has an annual fee of $199 and a regular APR of 15.99% to 22.99% variable.
Earning and redeeming rewards
Here’s a brief overview of how you can earn and redeem World of Hyatt points with the Hyatt business card:
Earning World of Hyatt points
In addition to the 75,000 points welcome bonus (after spending $7,500 in first three months), you’ll earn points in several areas. First, you’ll earn 9 points total per dollar spent at Hyatt – 4 bonus points per dollar when you use your card at a Hyatt hotel plus 5 base points per dollar from Hyatt as a World of Hyatt member.
Plus, you’ll earn bonus points on everyday purchases with the Chase World of Hyatt business credit card. Instead of earning points in specific categories, the Chase World of Hyatt Business card has a dynamic earning structure. You’ll earn 2 bonus points per dollar spent in the top three of eight spend categories each calendar quarter. The eight categories eligible for this double-point reward are:
- Airline tickets purchased directly with the airline
- Car rental agencies
- Local transit and commuting
- Gas stations
- Internet, cable and phone services
- Social media and search engine advertising
One important note: You’ll get double points in the top three of these categories only through Dec. 31, 2022. In 2023 and beyond, you’ll get those double points only on your top two of the eight categories. There is no cap on the points you can earn.
You’ll also get:
- 2 points per dollar spent at Hyatt hotels and resorts, including participating restaurants and spas
- 2 points per dollar spent at fitness clubs and on gym memberships
- 1 point per dollar spent on all other purchases
Redeeming World of Hyatt points
Spending on the World of Hyatt Business Credit Card earns World of Hyatt points, which can be redeemed for stays at Hyatt hotels around the world. In addition to earning World of Hyatt points, there are a couple other benefits with the business card with regard to redeeming points.
You’ll get up to $100 in Hyatt credits each anniversary year. And when you spend $50 or more at any Hyatt property, you’ll earn up to $50 in statement credits, up to twice each anniversary year. This can be used on stays or on other purchases made at a Hyatt property. If you spend $50,000 in a calendar year, you’ll get 10% of your redeemed points back for the rest of the year.
Travel and business benefits
Because this is a business credit card, it features benefits that cater to business travelers. First, you’ll be enrolled in the Hyatt Leverage program, which helps businesses manage travel for multiple employees. You can get up to 15% off standard rates at participating hotels worldwide, as well as a platform to help manage travel for multiple people. You’ll also get the ability to grant Hyatt Discoverist elite status to up to five different people. And the card offers a variety of benefits that may be useful for travelers:
- Complimentary roadside dispatch
- Primary rental car collision damage waiver
- Extended warranty protection
- Purchase protection
- Trip cancellation/travel interruption insurance
- Travel and emergency assistance services
Another benefit for cardmembers who apply by Dec. 31, 2021: You can receive and activate a complimentary one-year Headspace subscription (valued at $69.99 per year). Headspace is a sleep and meditation app that can be useful to achieve restful sleep while on the go. You’ll need to activate your Headspace subscription by Dec. 31, 2022.
World of Hyatt status perks
Just for having the World of Hyatt business credit card, you’ll get Hyatt Discoverist elite status for you and up to five other people. Discoverist elite status gets you 10% bonus points when staying at Hyatt, as well as a late 2 p.m. checkout (where available). And if you’re looking to get even better elite status, the Chase World of Hyatt business credit card has you covered there. You can get five tier-qualifying night credits toward Explorist or Globalist status for every $10,000 you spend in a calendar year.
The personal Hyatt credit card gives you two tier-qualifying night credits for spending $5,000, which means the business card gives you an additional night toward qualifying for elite status for every $10,000 you spend. With the lower requirements (30 nights) for top-tier Hyatt Globalist status in 2021, if you applied for the card soon and spent $60,000 before the end of the year, you could get Globalist status through February 2023. Depending on how many elite nights you already have, getting Globalist could require even less spending.
Better yet, if you spend at least $50,000 on the Chase World of Hyatt business credit card in a calendar year, you get 10% back in Hyatt points redemptions for the remainder of the calendar year. This benefit is good on a maximum of 200,000 World of Hyatt points (so 20,000 points back as a rebate), and it’s only good for the remainder of the year, after you hit $50,000 in spending. Any World of Hyatt redemptions before you reach the $50,000 mark would not qualify for the rebate.
How to maximize your World of Hyatt Business Credit Card benefits
The best way to maximize your World of Hyatt Business Credit Card benefits comes if you’re looking to qualify for elite status and don’t think you’ll make it through actual Hyatt hotel stays. It probably only makes sense to put a lot of spending on your World of Hyatt Business card if you plan to make it all the way to top-tier Hyatt Globalist status. Mid-tier Explorist status offers a few perks, but none that are truly amazing, so hitting Globalist status would make up for the opportunity cost of putting those spending dollars on other credit cards.
Another way to maximize your benefits is to take advantage of the 10% redemption bonus. Because that benefit only activates for the remainder of the calendar year after you have spent a total of $50,000 on the card, the timing of your spending makes a big difference. The ideal way to use this benefit is to focus the majority of your spending on the beginning of the calendar year. Then you can schedule some heavy Hyatt redemptions toward the end of the year to take advantage of the 10% rebate.
One of the easiest benefits to maximize is the $100 in statement credits that comes from staying at a Hyatt hotel. All you’ll need there is at least two stays of $50 or more. This should be a fairly straightforward credit for most Hyatt travelers.
The new Chase World of Hyatt Business Credit Card offers an intriguing earnings proposition. Instead of offering a set amount of bonus points in specific categories, you instead earn 2 points per dollar spent on the categories where you spend the most. While this can work out great if your spending habits line up perfectly with the possible categories, most people will get more points using other cards.
Where this card can really shine is if you’re a big spender who needs extra elite qualifying nights to hit top-tier Hyatt Globalist status. While the initial welcome bonus of 75,000 World of Hyatt points makes the card certainly worth the $199 annual fee for the first year, you’ll want to evaluate the benefits of the card to see whether it actually holds long-term value for you.