The World of Hyatt Business Credit Card is a Chase credit card designed for small business owners who are loyal to the Hyatt hotel chain.
The card offers a nice welcome bonus, 4x points at Hyatt, 2x points in your top categories, Discoverist elite status for you and up to five employees, and more.
This article will cover everything you need to know about this card to determine if you should add this card or a different card to your wallet. Let’s dive right in.
Welcome Bonus
The Hyatt Business Card currently offers the following welcome bonus:
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Earning Hyatt Points
The Hyatt Business Card earns Hyatt points at the following rates:
- 4 points per dollar for spending at Hyatt hotels;
- 2 points per dollar in your top three spending categories each quarter through December 31, 2024;
- 2 points per dollar for fitness clubs and gym memberships; and
- 1 point per dollar on all other purchases.
Eligible categories for 2x points are:
- Dining.
- Airline tickets when purchased directly with the airline.
- Gas stations.
- Car rental agencies.
- Local transit and commuting.
- Internet, cable, and phone services.
- Social media and search engine advertising.
- Shipping.
Annual Fee
The Hyatt Business Card has an annual fee of $199, which you can offset with the $100 in Hyatt credits each year, Hyatt Discoverist status (for you and up to 5 employees), complimentary Hyatt Leverage membership, and travel and purchase protections.
You can also add employees as authorized user cards for no additional cost.
Card Benefits and Perks
The Hyatt Business Card offers the following benefits and perks:
$100 in Hyatt Credit Every Anniversary Year
You can earn a $50 statement credit twice each cardmember year when you spend $50 or more at any Hyatt property, including room rates, parking, spa treatment, dining, pet fees, etc.
This benefit should be easy to earn if you are considering this card, which helps effectively lower the annual fee of this card.
Hyatt Discoverist Status For You & Five Employees
The primary cardholder and up to five designated company employees receive complimentary Hyatt Discoverist status.
This status gets you a 10% points bonus, preferred rooms, premium internet, late-checkout, and more.
The great thing is that the designated employees don’t have to be authorized users on the card.
Ability to Earn Elite Night Credits
Spending on the Hyatt Business card helps you get closer to higher elite status levels.
You can earn 5 Tier-Qualifying night credits toward status and Milestone rewards for every $10,000 you spend in a calendar year.
For example, if you spent $50,000 in a calendar year, you would receive 25 elite night credits.
You can also earn 5 elite night credits by just holding the World of Hyatt Credit Card (review).
Up to 10% Points Back
One quirky benefit of this card is that if you spend $50,000 in a calendar year, you get 10% of your redeemed points back for the rest of the year.
The timing of this benefit is important. The faster you get the $50,000 in spending in the calendar year, the more time you have to enjoy the 10% back in points.
However, this benefit is capped at 20,000 points back (or 200,000 points redeemed).
Complimentary Hyatt Leverage Membership
The primary cardholder receives a complimentary membership in the Hyatt Leverage program, which gets you a discount of up to 15% off the standard rates at participating Hyatt hotels worldwide.
No Foreign Transaction Fees
This card has no foreign transaction fees on purchases outside the U.S., which is helpful if you travel internationally to help you avoid paying a 3% fee on those international purchases.
Extended Warranty
Credit card extended warranty protection adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years.
Coverage matches the protection provided by the original warranty so that damage or defect would have to be covered by the original warranty for extended warranty coverage.
Purchase Protection
Purchase protection can save you a lot of money if you bought an eligible item that is damaged or stolen within 120-days.
For example, if accidentally dropped your new phone or laptop and broke the screen, you could file a claim to get it replaced if it was purchased within the last 120 days.
Trip Cancellation and Interruption Insurance
Trip cancellation and interruption insurance reimburses you for non-refundable expenses if your trip is interrupted or canceled for a covered reason such as illness, severe weather, or an accidental injury when you pay for your travel expenses with this card.
Primary Rental Car Insurance
Primary rental car insurance covers any damage to a rental car when you pay for the rental using this card.
For primary coverage to apply, you must be renting the car for business purposes.
But you still need to maintain liability car insurance to cover damage to another person or property.
Complimentary DashPash
This card offers a one-year DashPass membership for free, which includes DoorDash and Caviar, offering unlimited deliveries with free delivery fees and reduced service fees for eligible purchases The offer must be activated by December 31, 2024.
Once the free membership is over, you will be automatically enrolled in DashPass at the prevailing monthly rate.
Pros and Cons
Here’s a quick overview of this card’s advantages and disadvantages:
Pros:
- Discoverist Status for primary cardholder and five employees.
- Up to $100 in Statement Credits.
- Save money on Hyatt bookings with the Hyatt Leverage program.
- Primary rental car insurance.
Cons:
- $199 Annual Fee.
- 10% Points Back on Award Stays is capped and only applies after you spend $50,000.
- No free night each year like the IHG One Rewards Premier Business Credit Card (review), Marriott Bonvoy Business® American Express® Card (review), and World of Hyatt Credit Card (review).
Alternatives to the Hyatt Business Card
Now that you know about this credit card’s various benefits and pros and cons, it’s time to see its alternatives.
Ink Business Preferred® Credit Card
Better for Spending on Travel (Airlines, Non-Hyatt Hotels, Rental Cars, etc.)
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- 3X Points on Travel, Shipping, Advertising (Social Media and Search Engines), Internet, Cable, and Phone on the First $150,000 Each Account Year
- 25% Additional Points Value in Travel Redemption
- Primary Rental Car Insurance
- Trip Cancellation/Interruption Insurance
- Cell Phone Protection
- Purchase Protection and Extended Warranty
- No Foreign Transaction Fees
- $95 Annual Fee
The Ink Business Preferred® Credit Card (review) is an excellent choice for business owners looking for a card that offers valuable rewards and benefits.
With this card, you’ll earn:
- 3 points per $1 spent on travel, shipping purchases, internet, cable, phone services, and advertising purchases made with social media sites and search engines (up to $150,000 in combined purchases per account anniversary year).
- 1 point per $1 spent on all other purchases, with no limit on the number of points you can earn.
Beyond the rewards, the Ink Business Preferred provides valuable benefits, including:
- Primary rental car insurance (when renting for business purposes).
- Cell phone protection (up to $600 per claim against theft or damage, with a maximum of three claims per year and a $100 deductible per claim).
- Purchase and extended warranty protection.
Hilton Honors American Express Business Card
Better if You Prefer Hilton Hotels
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- Complimentary Hilton Honors Gold Status
- 12X Points at Hilton Properties
- 6X Points at U.S. Gas Stations and U.S. Restaurants
- 10 Complimentary Priority Pass Lounge Visits
- $95 Annual Fee (rates & fees)
The Hilton Honors American Express Business Card (review) offers complimentary Gold status with the chance to upgrade to Diamond status upon hitting the $40,000 spending threshold.
For a low annual fee of $95, this business card earns 12x Hilton Honors points at Hilton properties and 6x points in several categories:
- U.S. restaurants
- U.S. gas stations
- U.S. shipping purchases
- Wireless phone services with U.S. service providers
- Flights booked directly with airlines or with amextravel.com
- Car rentals booked directly from select car rental companies
The Hilton Honors Business card also offers a free night reward after spending $15,000 and a second free night reward after spending $45,000 per year.
Plus, you receive 10 free Priority Pass visits to airport lounges worldwide.
Marriott Bonvoy Business® American Express® Card
Better if You Prefer Marriott Hotels
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- 6X Points at Marriott Hotels & Resorts
- 4X Points at Restaurants Worldwide, at U.S. gas stations, U.S. Phone Service Providers, and on U.S. Shipping Purchases.
- Annual Free Night Award (up to 35,000 Points)
- 15 Elite Night Credits and Gold Elite Status
- No Foreign Transaction Fees
- $125 Annual Fee (Rates and Fees)
The Marriott Bonvoy Business® American Express® Card is a good option for travelers who stay at least a few times per year in a Marriott.
The card comes with Marriott Bonvoy elite status, a free night award (up to 35,000 points), a 7% room rate discount, and 15 elite night credits.
For rewards, the Marriott Bonvoy Business earns 6x points at Marriott Hotels, 4x points at restaurants worldwide, U.S. gas stations, wireless telephone services purchased directly from U.S. service providers, and U.S. shipping purchases.
Is the Hyatt Business Card Worth It?
The Hyatt Business Card is worth it if you frequently stay at Hyatt hotels and can spend a large amount each year to earn elite night credits.
While it does have a $199 annual fee, it effectively is $99 when you factor in up to $100 in statement credits each year.
Chase could improve the Hyatt Business Card by adding a free hotel night or increasing the 10% rebate cap of 20,000 points back.
If you aren’t loyal to Hyatt, you should consider another business travel rewards credit card.
For rates and fees of The Hilton Honors American Express Business Card, please click here.
For rates and fees of the Marriott Bonvoy Business™ American Express® Card, please click here.
