World of Hyatt has announced an interesting promotion for Chase World of Hyatt Credit Card holders and also for Hyatt credit card holders (the old card that is no longer available): from April 15th to June 30th, 2020, you can earn 3 elite qualifying nights for every $5K spent on the newer World of Hyatt Credit Card. Those with the old Hyatt credit card that does not ordinarily earn elite night credits will get 2 elite nights for every $5K spent. Additionally, those who become new World of Hyatt card holders between those dates will get 10 elite night credits this year.
Park Hyatt New York Premium Suite
Elite night credits earned from credit card spent count toward both Hyatt elite status and Hyatt Milestone Rewards. As a reminder, here’s what you get at each level:
- 20 qualifying nights = two club lounge access awards
- 30 qualifying nights = two club lounge access awards, plus a Category 1-4 free night award
- 40 qualifying nights = 5,000 bonus points, a $100 Hyatt gift card, or 10,000 points off a FIND experience
- 50 qualifying nights = two suite upgrade awards
- 60 qualifying nights = two suite upgrade awards, plus a Category 1-7 free night award
- Every 10 qualifying nights from 70-100: Your choice of 10,000 bonus points or an additional suite upgrade award
The newer World of Hyatt credit card ordinarily earns 2 elite night credits for every $5K spent on the card, but during this window it will earn 3. The older version of the card that is no longer available does not ordinarily earn elite nights at all, so this promo is good for those holding in to that older card as even that version will earn 2 elite nights for every $5K spent. From the email sent to cardholders today:
Hyatt has previously announced elite status extensions for those who currently have Hyatt elite status. However, those who do not have status or want to earn milestone rewards will need to still hit thresholds this year. Like all other chains and airlines, it is expected that Hyatt will make earning status in 2020 easier. However, we still don’t know what that will look like. Hyatt will likely either:
- Reduce the number of nights required to earn elite status / milestone rewards
or - Run promotions offering additional elite night credits
In a previous Frequent Miler on the Air episode and in this post, I predicted it is more likely that we’ll see programs offer bonuses on earning. That is to say that I imagined we would see Hyatt offer double or triple elite night credits on stays. This credit card promotion falls in line with that prediction. My bet is that they intend to offer promos like this rather than reducing the number of nights required.
That said, I don’t know that for sure. The uncertainty here is not knowing how many nights you’ll need for elite status means that you could overspend and end up with more elite nights than you need.
On the other hand, every 10 nights above 60 nights per year ordinarily gets you an additional 10,000 Hyatt points or an additional suite upgrade award, so even if you overshoot that may not be the end of the world.
The tough part is of course having any idea how many nights you’ll have in hotels this year to complement your spend. I imagine that by June we’ll have a better idea of what 2020 travel will look like. Still, waiting might make it tough to maximize this one.
Depending on how many nights you already have and whether you’re able to spend any nights in Hyatt hotels later this year, this could certainly be a great way to close the gap toward status, particular for MSers. There will definitely be some gamble in determining how far to go in terms of spending, but if and when the ability to spend in person returns in the coming months, and also for those who have significant tax obligations, this could be a great promo.
H/T: One Mile at a Time
Continue Reading: Source Link