It looks like the Chase Hyatt Visa has updated the terms of the card in a couple of ways. First of all, they’re now waiving the annual fee for the first year, which was previously $75, so that’s good news. As usual if you go to hyatt.com to make a booking you’ll further be given an offer with the same bonus except it also has a $50 statement credit, so that’s even better. You just have to get as far as the booking page for a new reservation.
The bad news is that they’ve changed the bonuses you get for being a Platinum/Diamond member. Previously if you applied as a Platinum member you’d get two suite upgrades to redeem on a revenue stay in addition to the two nights in a standard room, and if you were a Diamond member the two nights you’d receive as a sign-up bonus would be in a suite. Unfortunately that’s no longer the case, so now the sign-up bonus is two nights in a standard room for everyone.
On the whole this is a positive change for base Gold Passport members and a negative change for Platinum and Diamond members. All the other benefits of the card remain the same, including the free anniversary night valid at up to a category four property. I tend to think this is still the most compelling hotel sign-up bonus out there for high end hotels, given the number of luxury properties that Hyatt has, along with the lack of blackout dates.
(Tip of the hat to Gary)
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