Cash News
Business travelers who are Hyatt loyalists will like the nice welcome offer and high earning potential when they stay at Hyatt hotels and resorts. While there’s an annual fee, it’s less than other high-end business travel credit cards on the market.
The World of Hyatt Business Credit Card may fit the wallets of many business owners, especially those who travel frequently for work. But it might not be the right fit for everyone. Here’s a breakdown of what you can expect and how it stacks up against others.
-
Annual fee
$199
-
Welcome offer
Earn up to 75,000 points: Get 60,000 bonus points after spending $5,000 in the first 3 months, plus 15,000 more bonus points after spending $12,000 in the first 6 months
-
Card type(s)
Travel, Hotel, Business
-
Ongoing Purchases APR
21.49% – 28.49% Variable
-
Recommended credit score
Excellent/Good Credit
-
Rewards rate
- 9x total points at Hyatt – 4x when you use your card at Hyatt hotels + 5x as a World of Hyatt member
- 2x points on your top three spend categories* each quarter
- 2x points on fitness club and gym memberships
- 1x point on all other purchases
- *Eligible categories include: Dining, shipping, airline tickets when purchased directly with the airline, local transit & commuting, social media & search engine advertising, car rental agencies, gas stations and internet, cable & phone services
-
Benefits
- Spend $50 or more at any Hyatt property and earn $50 in statement credits up to two times per year
- World of Hyatt Discoverist status for you and up to 5 employees for as long as your account is open
- Get 5 Tier-Qualifying night credits toward status and Milestone rewards for every $10,000 you spend in a calendar year
Additional benefits
Aside from the tiered points system, the World of Hyatt Business Credit Card comes with other benefits, including:
-
No foreign transaction fees
-
10,000 referral bonus points for each business that gets approved for the World of Hyatt Business® credit card (up to 50,000 bonus points per year)
-
Free additional employee cards
-
World of Hyatt Discoverist status
-
Up to $100 in annual Hyatt credits (up to $50 in statement credits when you spend at least $50 at a Hyatt property up to two times each anniversary year)
-
5 Tier-Qualifying night credits toward status for every $10,000 you spend per calendar year
-
Spend $50,000 and receive 10% of the points you redeem back for the rest of the year (up to 200,000 points redeemed)
-
Use Chase Pay Over Time for eligible credit card purchases
-
Travel and purchase protections
Learn more: Our top picks for business credit cards
How to earn rewards
You can earn the most rewards when you stay at a Hyatt hotel or resort. Then, you can earn double points in your top three shopping categories. You can select the ones that your business spends the most money on. For instance, if you rely most on internet and phone services, this might be among the most important categories. Local transit or filling up at gas stations might also be on the list if you commute for work.
How to redeem rewards
You can use your World of Hyatt points for free nights, upgraded room stays, or a combination of points and cash for free nights.
You can only redeem the points you earn with a World of Hyatt Business Credit Card for Hyatt-related stays, not on cash-back options or statement credits.
Learn more: How do travel credit cards work?
Who is the World of Hyatt Business Credit Card best for?
The World of Hyatt Business Credit Card is best for business owners who travel a lot for work and prefer hotel stays on Hyatt properties. It’s also a great option if you have employees who travel for work — either with you or separately — and have access to Hyatt properties when they travel for business.
World of Hyatt Business Credit Card pros
-
Generous welcome offer. The welcome offer is great for business owners who plan to spend a significant amount of money after opening their account.
-
Select top spending categories. With the option of earning points in top spending categories, you can maximize your spending with bonus categories where you spend the most.
-
Extra coverage. You’ll get free employee cards, travel protections, and purchase coverage on all your purchases. Because it’s a Chase card, you can access Chase Pay Over Time to make equal monthly payments on your card for eligible purchases of $100 or more. There’s no credit check, but there is a 1.72% fee for each purchase on the plan.
World of Hyatt Business Credit Card cons
-
Limited rewards redemption. You can only redeem rewards for Hyatt hotel stays or room upgrades. There’s no cash-back option or statement credit choice.
-
High annual fee. The $199 annual fee for a card with limited redemption options is expensive.
-
No free hotel night. Many travel credit cards offer free hotel nights on your anniversary or similar extra perks, but the World of Hyatt Business Credit Card doesn’t come with that.
Where can you use the World of Hyatt Business Credit Card?
You can use the World of Hyatt Business Credit Card anywhere Visa is accepted, at millions of merchants worldwide. Since there aren’t foreign transaction fees, you can use the World of Hyatt Business Credit Card when you travel globally for business trips. You can also use it locally for business-related purchases, including dining, filling your gas tank, or paying your business internet bill.
How to make a World of Hyatt Business Credit Card payment
Online
JP Morgan Chase issues the World of Hyatt Business Credit Card, so you’ll need a Chase account to manage your card. Create a Chase account online. From there, you can make a one-time payment, set up auto payments, add authorized users, and more.
Mobile app
The Chase mobile app is available in Google Play and the App Store, which means it’s compatible with most phones. Once you download the app and add your login information, you can navigate to your World of Hyatt Business Credit Card details. You can make a one-time payment, set up auto-pay, and other account-related activity from there.
Phone
You can pay your World of Hyatt Business Credit Card over the phone by calling the number on the back of your card or calling 1-800-436-7958.
You can mail your check or money order to
Cardmember Services
P.O. Box 6294
Carol Stream, IL 60197-6294
Make sure your payment includes your 16-digit card number on the memo line and don’t fold or staple your payment to something else.
World of Hyatt Business Credit Card customer service info
Alternative cards to consider
The World of Hyatt Business Credit Card is one option for business owners, but other cards on the market might be a better fit. Here are a few alternative business credit cards to consider when comparing your options.
-
Annual fee
$375
-
Welcome offer
Earn 100,000 Membership Rewards® points after you spend $15,000 on purchases within the first 3 months. NEW: The Business Gold Card now comes in three metal designs — Gold, Rose Gold, and Limited Edition White Gold (while supplies last).
-
Card type(s)
Business, Rewards
-
Introductory Purchases APR
0% on purchases for 6 months from the date of account opening
-
Ongoing Purchases APR
19.49% – 28.49% Variable
-
Recommended credit score
Excellent/Good
-
Rewards rate
- Earn 4x Membership Rewards points on the top two eligible categories (out of 6 total categories) where your business spends the most each month. Although your top 2 categories may change each month, you will earn 4x points on the first $150,000 in combined purchases from these categories each calendar year, then 1x after that (only the top 2 categories each billing cycle will count towards the $150,000 cap; terms apply).
- 3x points on flights and prepaid hotels booked on AmexTravel.com
- 1x points on all other purchases
Read our full review of the American Express Business Gold
-
Annual fee
$95
-
Welcome offer
Earn 90,000 points after spending $8,000 in first 3 months (that’s $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠)
-
Card type(s)
Business, Travel
-
Ongoing Purchases APR
21.24% – 26.24% Variable
-
Recommended credit score
Good, Excellent
-
Rewards rate
- 3x on the first $150,000 spent each account anniversary year in the following categories: shipping purchases; advertising purchases via social media sites and search engines; internet, cable, and phone services; and travel
- 1x on all other purchases with no earning cap
-
Benefits
- Redeem points for cash back, gift cards, travel and more
- Points are worth 25% more when you redeem for travel through Chase Travel
- Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account
Read our full review of the Ink Business Preferred Credit Card
-
Annual fee
$0
-
Welcome offer
Earn $350 after spending $3,000 in the first 3 months, plus an additional $400 after spending $6,000 in the first 6 months
-
Card type(s)
Business, Cash-Back
-
Introductory Purchases APR
0% Intro APR on Purchases for 12 months
-
Ongoing Purchases APR
18.49% – 24.49% Variable
-
Recommended credit score
Good, Excellent
-
Rewards rate
- 5% cash back on the first $25,000 in combined spending at office supply stores and on internet, cable, and phone services each account anniversary year
- 2% cash back on the first $25,000 in combined spending at gas stations and restaurants each account anniversary year
- 1% cash back on all other purchases
-
Benefits
- Earn 5% cash back on Lyft rides through March 2025
- Get a 10% bonus on the cash back you earn in your first year if you have a Chase Business Checking account on your card anniversary (available on cards opened between March and November 2024)
Read our full review of the Ink Business Cash Credit Card
This article was edited by Kendall Little
Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information. This site doesn’t include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.