Chase, Hyatt

Do you prefer 2 free Hyatt nights or 40,000 Hyatt points?

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Making the blogger rounds is the news that the Chase Hyatt credit card will be changing the sign up bonus from two free nights after $2,000 in spend to 40,000 World of Hyatt points.

For some, this is reason to get the card NOW (actually the change goes into effect June 29, 2017). For me, it would be. I value two free nights anywhere in the world (for example, in the Maldives where rates can top $1,000 a night) over 40,000 points.

Let’s look at the award chart to see which is better for who:

If you, like me, want luxury experiences you would never pay for, get the card before the 29th. Doctor of Credit shared a link that will get you not just the 2 free nights after spending $2,000 but also a $50 statement credit. Here is the link to that offer (requires sign in to your Hyatt account). This is the best current offer and since it’s not offered via any affiliate marketing channels, most of the blogs you read likely won’t share it.  Importantly, the 2 free night certificates expire after a year, so that may be a factor for you.

Now if you prefer more free nights in a lower category, suites, points and cash, or simply can’t be sure you’d use the free night certs in a year, then by al means wait for the 40k offer. You can see that you need to use the two free night certs in a Category 6 or 7 for that to be the better deal.  If you would spend them on a category 5 you break even and on a Cat 4 or less, you’d be better off with the points. Same if you want to use for suites or cash and points awards.

Lastly, bear in mind that this card is NOT currently subject to the Chase 5/24 rule, so you may not want to get this card until you are at or over 5/24. Be sure to read up on the Chase 5/24 rule if you haven’t already.

So which offer would you prefer and why?