A sneaky FlyerTalker in this thread seems to have found the link to the new Hyatt Visa credit card from Chase, which comes with a $75 annual fee. They’re offering two free nights at any Hyatt hotel as a sign up bonus. That’s not bad at all, it can be worth up to 44,000 points, but at the same time it’s not all that exciting. The nights have to be used within a year, and there don’t seem to be any free nights upon renewal every year.
Other than that, having the card gets you Platinum status, though that’s readily available quite frequently through promotions. As far as the actual benefits for spending on the card go, you earn one Hyatt point per dollar spent on all purchases, and three Hyatt points per dollar spent on Hyatt hotels. The only other plus is that there are no foreign transaction fees.
Overall it’s not a bad card, but at the same time hardly a great card. It’s probably worth getting for the sign-up bonus of two free nights, though there aren’t any compelling benefits for renewal.
A few months back Hyatt sent out a survey to many Gold Passport members asking for benefit suggestions, which seemed to raise the expectations of the card. I was certainly hoping they would offer some sort of special benefits to Diamond members with the card. After all, free Platinum status isn’t worth anything to someone that’s a Diamond, and at the end of the day you have the most potential to get a loyal following from already loyal customers.
So it would have been nice if they offered something, be it the ability to use suite upgrades on points stays, or something else minor.
I’ll likely sign up for it eventually, but I’d have a very hard time justifying the renewal of the card. While Hyatt and Priority Club are my two primary hotel chains, I use the Starwood American Express almost exclusively.