Chase World of Hyatt Business Visa Signature Review
Updated June 29, 2023.
The Facts
The Math
As it is probably not easy to value Hyatt points at 2 cents per point (cpp), e.g., our current valuation is 1.2 cpp, we won't recommend Chase World of Hyatt (WoH) Business Visa for general spending, because of other options such as Amex Blue Business Plus, Amex Blue Business Cash, and Capital One Spark 2X Miles.
The annual $100 Hyatt credits are not that easy to use, and even when used fully, the effective annual fee is still $99. With that, Chase WoH Business Visa lacks the annual free night offered by the personal Chase WoH Visa ($95 annual fee), and there aren't other perks that can obviously offset its annual fee. In our opinion, the business version is not that interesting other than the signup bonus. The only reasons why one will keep the card after the first year include Hyatt Leverage membership that is not offered by the personal version, and the ability to earn elite qualifying night credits without limit (but with a loss in rewards from spending compared to competitors).
The Conclusion
Without the annual free night offered by $95 personal Chase WoH Visa, the $199 Chase WoH Business Visa lacks worthwhile perks to keep it beyond the first year.
The Facts
- Annual Fee: $199
- Signup Bonus: 60,000 Hyatt points after you spend $5,000 within 3 months of new account opening. This bonus is not available if you currently have this card or have received a signup bonus for this card in the past 24 months. Historical best bonus of this card: 75,000 points since introduced in 2021; 60,000 points in 2022 and 2023.
- Application Landing Page
- Rewards: 4x on Hyatt, 2x on the top three through 12/31/2022 then two categories you spend the most each quarter from the following eight categories: dining, gas stations, airline tickets purchased directly with the airline, car Rental Agencies, local transit & commuting, internet & cable & phone services, shipping, and social media & search engine advertising, 2x fitness clubs & gym memberships, and 1x everywhere else.
- Best Use of World of Hyatt points: You can redeem Hyatt points for stays or upgrades at Hyatt portfolio hotels worldwide, including Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt, Hyatt Centric, Hyatt Place, Hyatt House, Hyatt Ziva, Hyatt Zilara, Hyatt Vivid, Miraval, Alila, Andaz, Thompson, Dream, UrCove by Hyatt, Caption by Hyatt, The Unbound Collection by Hyatt, Destination by Hyatt, JdV by Hyatt, Impression by Secrets, Zoetry, Secrets, Breathless, Dreams, Alua, Sunscape, and Hyatt Residence Club. Hyatt points are generally more valuable than most other Hotel currencies out there (e.g., Marrriott, Hilton, IHG). The points of other programs are valued less than 1 cent per point, while Hyatt points are valued around 1~2 cents per points. You may also transfer Hyatt points to miles of 30+ frequent flyer programs at 2.5:1 ratio. You can get a better rate at 2:1 if you do bulk transfer (50,000 points = 25,000 miles). However, unless you value miles at 3~4 cent per mile, it is probably better just to use Hyatt points toward hotel stays.
- Hyatt Benefits: (1) Up to $100 annual Hyatt credits each anniversary year ($50 each time, up to two times per year). (2) Complimentary Hyatt Leverage membership for the primary cardholders, which offers discounts on standard room rates. (3) Complimentary Hyatt Discoverist, the entry-level elite status and normally achieved after 10 nights or 25,000 base points, as long as you have this card. In addition, you might gift Discoverist status to up to five employees. The benefits are very limited but better than nothing. (4) Receive 5 elite qualifying night credits towards your next tier status for each $10,000 spent on the card. (5) Receive 10% points back, up to 20,000 points back, for your point redemptions, when you spend at least $50,000 in a calendar year.
- Other Benefits: Waived foreign transaction fees with an embedded EMV chip.
- History: Chase introduced Word of Hyatt Business Visa in October 2021.
The Math
As it is probably not easy to value Hyatt points at 2 cents per point (cpp), e.g., our current valuation is 1.2 cpp, we won't recommend Chase World of Hyatt (WoH) Business Visa for general spending, because of other options such as Amex Blue Business Plus, Amex Blue Business Cash, and Capital One Spark 2X Miles.
The annual $100 Hyatt credits are not that easy to use, and even when used fully, the effective annual fee is still $99. With that, Chase WoH Business Visa lacks the annual free night offered by the personal Chase WoH Visa ($95 annual fee), and there aren't other perks that can obviously offset its annual fee. In our opinion, the business version is not that interesting other than the signup bonus. The only reasons why one will keep the card after the first year include Hyatt Leverage membership that is not offered by the personal version, and the ability to earn elite qualifying night credits without limit (but with a loss in rewards from spending compared to competitors).
The Conclusion
Without the annual free night offered by $95 personal Chase WoH Visa, the $199 Chase WoH Business Visa lacks worthwhile perks to keep it beyond the first year.