The Offer
Chase is offering a bonus of five free night certificates, good on category 1-4 properties when you spend $4,000 on purchases in the first three months of account opening on the Chase World of Hyatt card.
Card Basics
This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months
Annual fee of $95
Card earns at the following rates:
4x points per $1 spent on Hyatt hotels (they advertise this as 9x, but it’s 4x plus the 5x you normally get anyway)
2x points per $1 spent on local transit and commuting (including taxis, mass transit, tolls and ride-share serivces)
2x points per $1 spent on restaurants, cafes and coffee shops
2x points per $1 spent on airline tickets purchased directly from the airlines
2x points per $1 spent on fitness clubs and gym memberships
1x points per $1 spent on all other purchases
Receive up to two free nights annually:
One free night at any category 1-4 Hyatt property every year after your card member anniversary
An additional free night at any category 1-4 Hyatt property if you spend $15,000 during your card member anniversary year
Status:
World of Hyatt Discoverist status for as long as the card is open
5 qualifying night credits towards your next tier status every year
An additional 2 qualifying night credits towards your next tier every time you spend $5,000 on the card (no limit)
Our Verdict
Previous best offer was 65,000 points. If you redeemed all five nights on a category four property that would come out to 90,000 points so this bonus is significantly better but you obviously lose the ability to stay at properties category 5 or above. This offer also requires a lot less spend. I think this offer is worth doing if you have a 5/24 spot and will be added to the best credit card bonuses.
Hat tip to shris420