Hyatt Hotels Corporation and Chase have announced the launch of the new World of Hyatt Business Credit Card. This compliments their current personal World of Hyatt Credit Card.

For a limited time, you can earn up to 75,000 bonus points after spending $7,500 within the first three months from account opening. The card carries a $199 annual fee.

Here’s a look at the new perks of the World of Hyatt Business Credit Card, a Visa Signature Business Credit card:

• More Bonus Points:
  • Adaptive accelerator that rewards cardmembers with 2 Bonus Points per $1 spent for their top three of eight spend categories each calendar quarter through Dec. 31, 2022; and top two of eight spend categories in 2023 and beyond—with no cap on the Bonus Points they can earn
    • Spend categories include dining; airline tickets purchased directly with the airline; car rental agencies; local transit and commuting; gas stations; internet, cable and phone services; social media and search engine advertising; and shipping

• 9x Points total on Hyatt stays and experiences – that is based on:
  • 4 Bonus Points per $1 spent on the card at Hyatt hotels and resorts, including participating restaurants and spas
  • Plus 5 Base Points from Hyatt per eligible $1 spent at Hyatt hotels and resorts as a World of Hyatt member
• 2x Bonus Points for fitness club and gym memberships
• 1 Bonus Point on all other purchases

• More ways to achieve higher status:
  • Automatic Discoverist status in World of Hyatt (typically requires 10 Tier-Qualifying Nights or 25,000 Base Points)
  • 5 Tier-qualifying night credits with each $10,000 in spend on the card in a calendar year
    • With World of Hyatt’s 2021 reduced elite status criteria, World of Hyatt Business Credit cardmembers can earn top tier Globalist status with $60,000 in spend on the card now through Dec. 31, 2021.
• Additional ways to spend and earn:
  • Spend $50,000 or more on the card in a calendar year and receive 10% of redeemed points back as Bonus Points for the remainder of the calendar year
  • Earn $100 in Hyatt credit each anniversary year: Spend $50 or more at any Hyatt property and earn $50 in statement credits up to two times each anniversary year

Bottom Line

It’s great to see Hyatt launch a business version of its credit card and at $199, with the two $50 Hyatt statement credits, you’re effectively earning 75,000 bonus World of Hyatt points for $99, which is a great sign-up bonus.

If you’re looking for a way to earn top-tier Globalist status, this isn’t going to help you much more than the World of Hyatt Credit Card, as you don’t earn any automatic night credits just for having the card.

Another point to highlight is the 10% back on redeemed points once you hit the $50,000 in spend, however it’s only for the for the remainder of the calendar year, so depending on when you hit this, you might not have much time to take advantage. Additionally, this is capped at a maximum of 20,000 Bonus Points per calendar year.

The Adaptive accelerator is unique to the World of Hyatt Business Credit Card, but I could see Chase rolling this feature out to other products down the road.

What are your thoughts on the new World of Hyatt Business Credit Card? Feel free to share your thoughts in the comments below.