Chase and Hyatt Sign Multi-Year Contract for Co-Branded Credit Cards
Chase and Hyatt Hotels have signed a multi-year extension to their co-branded credit card agreement. Chase will continue to issue the Hyatt Credit Card, and the loyalty points on that card can still be transferred to the Chase Ultimate Rewards program.
The Hyatt Credit Card is powered by Visa, and is equipped with smartchip technology. New users can earn two free nights at any Hyatt location after spending $2,000 on the card in the first three months. Three loyalty points are awarded for every $1 spent on Hyatt reservations, and two points for every $1 spent at restaurants or on direct reservations with car rental and airline companies. Any other money spent on the card will receive one point per $1. The points do not expire, and can be redeemed at as low as 5,000 points.
The Hyatt Credit Card comes with a $75 annual fee. Users earn one free night each year, and can use their card anywhere Visa is accepted. There is no foreign transaction fee, and trips booked with the Hyatt Credit Card automatically have trip cancellation insurance.
Any points transferred from Hyatt’s loyalty program to Chase Ultimate Rewards are given a 1:1 value, so Hyatt members don’t miss out on any points they have earned. Points can be redeemed for cash back, gift cards and more online or through the Chase mobile app.