Guide to the World of Hyatt Business Credit Card

1
Geber86/E+/Getty Images
Bankrate Logo

Why you can trust Bankrate

At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for . The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Terms apply to the offers listed on this page.

The World of Hyatt Business credit card is Hyatt’s first business credit card, and it touts a number of benefits that you’d get with some of the best travel credit cards around. This co-branded card by Chase follows a recent trend of issuers rewarding cardholders’ top spending categories.

The World of Hyatt Business card works for busy business owners because of  “adaptive rewards” that adjust based on cardholders’ top spending categories—no tracking or activation needed. The card’s rewards structure allows business cardmembers to earn double World of Hyatt points per quarter in the categories they spend the most to earn free nights, elite status, room and suite upgrades and other rewards much more quickly.

If you are looking for a card that supports your entrepreneurial journey and related travel lifestyle, whether for business or pleasure, the World of Hyatt Business credit card could fit the bill—especially if you are partial to Hyatt properties. Here’s more information on the card’s features, perks and benefits.

The World of Hyatt Business credit card benefits at a glance

Here’s a quick overview of the World of Hyatt Business credit card:

Feature Card details
Sign-up bonus 75,000 points after you spend $7,500 on purchases in your first 3 months
Rewards rate
  • 9 points total per dollar spent at Hyatt—4 points per dollar when you use your card at Hyatt hotels and 5 base points per dollar from Hyatt as a World of Hyatt member
  • 2 points per dollar spent in your top three spending categories each quarter through Dec. 31, 2022, then your top two categories each quarter
  • 2 points per dollar spent on fitness club and gym memberships
  • 1 point per dollar spent on all other purchases
Annual fee $199
Additional benefits
  • Spend $50 or more at any Hyatt property and earn $50 statement credits up to two times each anniversary year.
  • Extended warranty protection
  • Purchase protection
  • No fee for employee business cards
  • Trip cancellation/interruption insurance
  • Auto rental collision damage waiver
Redeeming points
  • Free night awards
  • Points + cash stays
  • Room upgrades
  • Dining and spa services
  • FIND experiences

Earning rewards

This card really stands out in terms of earning rewards that can be redeemed for accommodations and experiences at Hyatt properties. Business owners can rack up rewards with their business spending and reap the rewards for both business and personal use. Plus, there are plenty of opportunities to earn rewards for more than just hotel accommodations.

The first notable feature is the 75,000 point welcome bonus you can get after spending $7,500 within three months of opening your account. These points could be redeemed for:

  • 15 free nights in Chicago, Hyatt House Chicago, Oak Brook, Category 1
  • Five free nights in Manhattan, Gild Hall, a Thompson Hotel, Category 4
  • Three free nights in Riviera Maya, Andaz Mayakoba Resort, Category 6

In terms of earning ongoing rewards, the “adaptive accelerator” concept rewards cardmembers with 2X points for your top three of eight spend categories each calendar quarter through Dec. 31, 2022 as well as your top two of eight spending categories in 2023 and beyond—with no cap on the rewards you can earn. Eligible top spending categories include dining, airline tickets purchased directly with the airline, car rental agencies, local transit and commuting, gas stations, internet, cable and phone services, social media and search engine advertising and shipping.

Then, you can earn up to 9X points on Hyatt stays and experiences: You’ll earn 4X points by using your World of Hyatt Business card for Hyatt hotels and resorts, including participating restaurants and spas, and another 5 base points from Hyatt per eligible dollar spent at Hyatt hotels and resorts as a World of Hyatt loyalty program member.

In addition to the generous rewards structure, there are opportunities to earn other benefits such as certain elite statuses (which can boost your rewards earnings) along with the opportunity to earn additional points. For instance, when you sign up for the card, you’ll get an immediate bump to Discoverist status in World of Hyatt (which typically requires 10 tier-qualifying nights or 25,000 base points). But if you’re vying for the top-tier Globalist status, its qualifications have been reduced, and you can get it with $60,000 in spending on your card now through Dec. 31, 2021. Previously, this required 60 nights or 100,000 points.

Finally, if you spend $50,000 or more on your card in a calendar year, you’ll receive 10 percent of redeemed points back as bonus points for the remainder of the calendar year. The great news is that since you get employee cards at no cost, their spending counts toward the $50,000 requirement. In addition to earning more bonus points, you’ll earn 5 World of Hyatt tier-qualifying night credits for every $10,000 in purchases each calendar year.

Redeeming rewards

Although you can transfer your World of Hyatt rewards to airline and rental car partners, those redemptions are not as valuable as getting free nights or upgrades at Hyatt properties.

Hotel nights

The best way to redeem World of Hyatt points is to use them at one of the chain’s 700 properties worldwide. These hotels are split into award categories from Category 1 to 8. Standard hotel rooms can cost between 5,000 to 60,000 points per night, depending on the hotel category and room type you book. There’s also the option to combine your points with cash to cover your stays.

Room upgrades

If you’d like to conserve points, another option is to use points for room upgrades instead. For example, upgrading to a Regency Club or Grand Club level will cost 3,000 points per night. A suite upgrade costs 6,000 points per night, and a premium suite upgrade costs 9,000 points.

Hotel credits

World of Hyatt points can also be redeemed for hotel extras such as spa treatments, meals, in-room movies or parking costs. Your World of Hyatt points are exchanged for hotel credit that can be used to cover those extras. For example, 1,000 points will buy $10 hotel credit.

Airline miles and car rentals

World of Hyatt points can be used for Avis car rentals to save money on rental fees. A day-of rental typically costs 6,000 points. You can also transfer World of Hyatt points to 30 different airline frequent flyer programs, including loyalty programs like American AAdvantage, Delta SkyMiles and United MileagePlus. The transfer rate is typically 2.5 World of Hyatt points for each mile, meaning it is probably not the most valuable use of your rewards.

Other card perks

Other card perks and benefits could make this card worthwhile, including the ability to gift up to five Discoverist statuses to company employees.

There are also no foreign transaction fees, and business cardholders get access to Hyatt Leverage, Hyatt’s global business travel program that offers special rates to qualifying small and mid-sized enterprises at participating Hyatt hotels worldwide.

Finally, there’s a benefit that can help alleviate some of the stress that can accompany entrepreneurship. Cardmembers who apply by Dec. 31, 2021, can receive a complimentary one-year subscription to Headspace, a meditation and stress relief service. The Headspace subscription, which is valued at $69.99 per year, must be redeemed by Dec. 31, 2022.

Who should get the World of Hyatt Business credit card?

The World of Hyatt Business card is ideal for anyone who runs a business and can take advantage of perks like free employee cards and Hyatt Leverage.

Time-strapped entrepreneurs will find the card easy to use because earning rewards on top spending categories doesn’t require activation or tracking typical of similar bonus category cards.

If you travel enough and like to take advantage of free hotel accommodations and upgrades, the World of Hyatt Business Credit card has more to offer than its consumer counterpart, the World of Hyatt Credit Card, which offers scaled-down features and a lower annual fee. If you are a Hyatt brand loyalist, either card will do, but you’ll get more benefits and rewards with the World of Hyatt Business Credit card—especially as a frequent business traveler.

Written by
Aja McClanahan
Personal Finance Writer
Aja McClanahan is an author, blogger and speaker on personal finance and entrepreneurship. Aja is the author of "How a Mother Should Talk About Money with Her Daughter."
Edited by
Senior Editor, Credit Card Product News