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As with most too-good-to-be-true offers, the Chase Hyatt credit card bonus will be changing soon. Until June 28, 2017, the current offer of two free nights world wide remains available. The new bonus of 40,000 Hyatt points will go into effect sometime on June 29th. While 40,000 points may seem like a solid offer, the current offer has a much higher potential value. In this post I will break down the two offers and help you decide whether to jump on the current bonus or wait for the new one.
Current Bonus – 2 Free Nights Worldwide
We have both earned this bonus, and we used it for a couple great hotel stays, including three nights at the Park Hyatt Sydney! This bonus really shines, because you can use the two free nights at literally ANY Hyatt hotel worldwide. When we stayed at the Park Hyatt Sydney, the average nightly cost was around $900 before tax. This makes the sign-up bonus worth upwards of $1,800!
If you aspire to stay at a really high-end Hyatt property, this is the bonus for you. Category 6 and 7 Hyatt properties, including places like Sydney, the Maldives, Zurich, and Paris cost 25,000 and 30,000 points per night, respectively. If you use this bonus for a 2-night stay at these properties, you will effectively be getting 50,000-60,000 points in value.
New Bonus – 40,000 Hyatt Points
Starting on 6/29/17, the bonus offer will change to 40,000 points. Depending on your travel goals, this could be a better bonus for you. If you do not plan to spend your vacation at a deluxe property, you may be able to break even, or come out ahead with this offer. Category 5 Hyatt properties cost 20,000 points per night, and the price drops further with each category.
If you plan to stay at a category 5 hotel, it makes no difference whether you get the old or new offer. If you stay at a category 4 hotel or lower, like the Andaz Papagayo Peninsula, you will come out ahead! Taking it to the extreme, you could get up to 8 nights at a category 1 Hyatt using this new offer, while the old offer would yield only two nights.
Which bonus is better? In my personal opinion, the two free-night-bonus is the more valuable option. I love bonuses like this, because they allow for more aspirational redemptions. We would likely never have been able to stay at the Park Hyatt Sydney without this credit card bonus. I recommend getting this offer now and booking a super-deluxe Hyatt property.
If you’re not into deluxe accommodations, and more into volume of travel, you may want to wait for the 40,000-point offer. Either way, you should be able to get some great value from these offers. You can find the most updated offer for this card by visiting our Top Offers > Hotel Cards menu. Cheers!