Chase World of Hyatt Business Card - Keep or Cancel?

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  • เผยแพร่เมื่อ 10 พ.ย. 2024

ความคิดเห็น • 124

  • @TheCreditFrog
    @TheCreditFrog 9 หลายเดือนก่อน +20

    Whoa! Uncle Luke is canceling the Gold and Platinum cards and keeping the Hyatt Business? Am I in the matrix?? 🕶 🤖 Great video Luke!

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +2

      Thank you sir! Making big changes this year!!

    • @chadpennycuff
      @chadpennycuff 9 หลายเดือนก่อน +2

      LOL GMTA

    • @mostlyfreetravel
      @mostlyfreetravel 9 หลายเดือนก่อน

      Uncle Luke is gonna keep us guessing!!

  • @andreassinats6432
    @andreassinats6432 9 หลายเดือนก่อน +8

    I always appreciate uncle Luke’s perspective, and honesty. Not many people will tell you that they’re keeping a card and then follow that up with explaining why it probably doesn’t make sense for the rest of us.

  • @PhilMo78
    @PhilMo78 9 หลายเดือนก่อน +4

    Always like the keep or cancel series. I hope everyone is always evaluating their spending and their cards. Thanks for the video Luke!!! My fav Hyatt stay was Zilara in Montego Bay Jamaica.

  • @druiz012
    @druiz012 9 หลายเดือนก่อน +3

    My favorite stay with "Hyatt" was actually an SLH property and Hyatt just lost that partnership... my second favorite stay was Park Hyatt New York we got a pretty nice Suite for only $100 upgrade. Well worth it for the look on my wife's face. But the Ambassador Zurich was my favorite. Great breakfast, the MOST comfortable bed ever. Champagne at welcome. Great service. It was a top notch experience.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      Thanks for sharing!!! Can’t wait to visit Zurich

  • @MrDubs6000
    @MrDubs6000 9 หลายเดือนก่อน +7

    I love studying credit cards. My take on Hyatt card: Unless you work for like McKinsey or something AND want the elite status, which means you get to travel all the time, then this card is the best because Hyatt is definitely the best (versus Marriott and Hilton). However, if you travel only few times a year, then Marriott Boundless/Ritz Carlton or Hilton Aspire might make more sense and yes Ritz and Apsire have a higher annual fee but also wayyyy higher elite status than Hyatt, and they also rack up points faster (we can talk about points value all you want but these cards actually have better multiplier that nets out) and offer better free nights than Hyatt personal/business card. I do find the current Hyatt personal card SUB to be pretty average, like you have to spend $15,000 to actually get the full 65,000 points, that is a big no no for me.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +2

      I’m not a fan of the consumer Hyatt card at all.

    • @DugrozReports
      @DugrozReports 9 หลายเดือนก่อน +2

      110% Mr. Dubs

  • @jimmyjames6492
    @jimmyjames6492 9 หลายเดือนก่อน +4

    Hope they do refresh it. Thanks for the info + video!

  • @gainesville323
    @gainesville323 9 หลายเดือนก่อน +2

    Before I even knew about credit cards or the World of Hyatt program, the best property I’ve stayed at was probably the Hyatt Regency in San Antonio. Loved the lobby and it has direct access to the riverwalk.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      I almost stayed there once! I looks awesome.

  • @JuanGarcia-hr1wf
    @JuanGarcia-hr1wf 9 หลายเดือนก่อน +4

    Hyatt Coconut Point near Fort Myers is an excellent property. My family loves the water slides and lazy river.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      Sounds very interesting. I’ll check it out

  • @MontyTheCardNerd
    @MontyTheCardNerd 9 หลายเดือนก่อน +1

    Super helpful as always Luke! I was planning to get this card next and cancel after a year, but your very last point is making me reconsider the latter.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      I really have a feeling this card will be fixed. Even though chase seems slow to do such things

  • @laohuu
    @laohuu 6 หลายเดือนก่อน +1

    thank you for the video. I used your referral link and applied😃

    • @LukesPointsandMiles
      @LukesPointsandMiles  6 หลายเดือนก่อน +1

      Appreciate it sir! Thanks for watching!!

  • @TheDjim49
    @TheDjim49 9 หลายเดือนก่อน +1

    I stay at Hyatt a lot. Sometimes you just need a nice, clean, quiet place to stay and Hyatt will hook you up for 5,000 points. I've also stayed at the Andaz in Maui which is a great property that I would recommend if headed that way. That being said, I never saw the appeal of the Hyatt business card. I have the personal version as a keeper card for the FNC. I appreciate your honest review of the card. Good stuff

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      My problem with the personal card is it costs money for the “free” night. But I can get that same night with an ink card for no AF

  • @seanfetsko233
    @seanfetsko233 9 หลายเดือนก่อน +1

    I understand the allure of some of the easiest cpp value in the game. But people give hyatt the biggest free pass when it comes to having THE worst cards lol. The hyatt hype machine has somehow concinced people PAYING to stay at some hotel you dont want to stay at is value. Even ihg and mariott let you top certs.
    Great vid luke, and yes I too love the Chase Hyatt Ink cards. Excited for ur aa video.

  • @geraldalves9107
    @geraldalves9107 9 หลายเดือนก่อน +1

    This card, I could only think about getting it for the SUB but this would be a surefire cancel for me after 1 year, which in that case, I'm not the one to apply for a card only to cancel it after a year. The personal WOH credit card is of course the far better deal long term with the free annual night which depending on where you stay and when you book, a category 4 hotel can be worth well over $300.00 a night.
    It's an example of a card that you wouldn't mind being a sock drawer card with an annual fee and know that you're always going to get value out of it with no effort. Where as with the WOH business as you laid out, there's a quite amount of substantial work involved to justify the annual fee and if you're already doing enough work with other cards, it can get pretty exhausting lol. Great content as always!
    Sidenote: I also funded a U.S. Bank Business checking account in order to hit the SUB for the 90,000 Chase Ink Unlimited.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      Nice move!!! Bank account funding is a great technique.

  • @thejokerspeaks
    @thejokerspeaks 9 หลายเดือนก่อน +1

    Love the Hyatt Regency architecture and landscaping, as well as customer service. The rooms are ok. Being loyal to Hilton and IHG, phasing out of Wyndham, there's just no space. It is the next hotel in line should we ever want to move on from one of the other two, or get into the Chase ecosystem.

  • @JakeVanderPloeg
    @JakeVanderPloeg 9 หลายเดือนก่อน +1

    I could see a rework of this card somewhere down the line to better compete with other hotel business cards. Thanks for the video Luke!

  • @SchondorfEnt
    @SchondorfEnt 7 หลายเดือนก่อน +1

    The card is epic. If you get Globalist. It’s easily overpowered. The room upgrades and 4:00 pm checkout is incredible. I also think Hyatt point value is really solid.

  • @getsugatenshoFTW
    @getsugatenshoFTW 9 หลายเดือนก่อน +1

    Stayed at the Park Hyatt Tokyo last year and going again later this month!

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      is that the one that is being renovated or was recently renovated?

  • @paulstein916
    @paulstein916 9 หลายเดือนก่อน +1

    You’re full of surprises! I thought you were going to nerf the card.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      It’s just a below average card. I can’t make it seem great haha

  • @augiestravels
    @augiestravels 9 หลายเดือนก่อน +1

    My Hyatt set up is as follows:
    Hyatt Personal
    CSP
    CFU
    CFF
    BILIT
    Chase will not let me get any Inks at the moment. Im not interested in the Hyatt Business card at the moment.

  • @davidvallejo5867
    @davidvallejo5867 9 หลายเดือนก่อน +2

    Thanks for the great video! I wanted to clarify one of your tips.
    I am currently working on a sign on bonus for the chase ink unlimited and need about $ 2,500 to get the bonus , and I don’t think I will make it on my normal spend.
    So do you think I can use your tip of opening a business account with another bank , and charge it to my ink unlimited? Not sure if I understood that correctly?

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      Absolutely. Just make sure they allow credit card funding

  • @thirtynine392001
    @thirtynine392001 9 หลายเดือนก่อน +1

    I saw the thumbnail and almost didn't recognize you without glasses, haha. 👓

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      My wife was taking pictures and we couldn’t get the glare off the glasses so instead of changing the lighting I just took them off

  • @412foto
    @412foto 9 หลายเดือนก่อน +1

    Just transferred Chase to book 4 days for Spring Training in Tampa in a couple of weeks. 4 cents per point on the Grand Hyatt hotel stay was pretty good I thought. First Spring Training and getting to see the Yankees and Blue Jays...priceless! 3 Hyatt nights for June California trip too. Likely will get some Hyatt card in 2025 when I am out of 5/24

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      That’s awesome. I remember I got to go to spring training when I was like 14. It was the first year the Marlins had a minor league team.

    • @412foto
      @412foto 9 หลายเดือนก่อน +1

      @@LukesPointsandMiles flights were pretty expensive since last minute, spring break time frame, etc but will be a great trip to see the Yankees, Phillies, and Blue Jays!

  • @Cody.Little
    @Cody.Little 9 หลายเดือนก่อน +1

    Agreed, not the best card but I would potentially get it for the SUB. My favorite Hyatt stay was at Secrets Moxche in Cancun. Absolutely incredible property! Not sure any hotel will top it unless I go to the Maldives or something

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      Very cool and yes it’s a good sub card.

  • @riangoldfarb
    @riangoldfarb 9 หลายเดือนก่อน +1

    Hyatt Macau is been my favorite resort so far

  • @leprechaun4gold221
    @leprechaun4gold221 9 หลายเดือนก่อน +1

    I've travelled the world and seen many places
    From the Windy City to the City of Spires
    I've stayed in some dives without anyone classy
    And some fancy hotels with lovely lassies
    But nothing compares to the Hyatt I adore
    Where I find coins in the cushions galore
    Under the bed, against the locker, and inside the sofa
    There's always a bit of treasure to explore
    And every now and then I get lucky in sight
    And I find a gold doubloon shining bright
    It makes me feel like a leprechaun day or night
    And I dance a jig with pure delight

  • @OfficialChadsMoneyMinutes
    @OfficialChadsMoneyMinutes 9 หลายเดือนก่อน +2

    Ahhh man Luke mine is coming up on the chopping block next month and I’m still deciding what to do….

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      Tough decision because it’s not a great card. Haha

  • @iamsakhawathridoy
    @iamsakhawathridoy 8 หลายเดือนก่อน +1

    I am glad youtube recommended me this video, btw! I was wondering are you guys looking for a thumbnail designer or youtube SEO expert?

  • @lewis20002000
    @lewis20002000 9 หลายเดือนก่อน +1

    Even b4 I started viewing this video l say "CANCEL" . The only reason to get this card is for the bonus and/if you're a Hyatt logistics. I'm waiting for the premium Hyatt card.
    Either way I love your breakdown.

  • @pricel3sspersianpapi
    @pricel3sspersianpapi 9 หลายเดือนก่อน +2

    Hi Luke , how can we transfer funds from any chase card to a bank account ?

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +2

      When you open the account you can choose to initially fund it with a credit card. Some cards will code this as a cash advance. Chase cards don’t.

    • @pricel3sspersianpapi
      @pricel3sspersianpapi 9 หลายเดือนก่อน +1

      @@LukesPointsandMiles that’s awesome ! Thank you

  • @johnwick860
    @johnwick860 9 หลายเดือนก่อน +1

    Uncle Luke, can you make a reservation & add a family member who will the only one to check in for the SUB of Chase Marriott Bonvoy Boundless?

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      I have not done that with Marriott but I have made several reservations with Hilton and listed my wife on the reservation for her solo trips.

  • @3macmann
    @3macmann 9 หลายเดือนก่อน +1

    I appreciate your channel Luke. I would like to know more about Chase Business Credit Card allowing to fund a Business Checking Account up to $3000. Any Chase Business Card can do this? Can you do this for every Chase Business Card? Is there a fee like a cash advance fee for do this? Thanks

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      As far as I known, any chase card can do to. Business and consumer.

  • @fogrunr5075
    @fogrunr5075 9 หลายเดือนก่อน +1

    Thank you Luke!

  • @druiz012
    @druiz012 9 หลายเดือนก่อน +1

    I'm shocked but it makes sense. If you ever do want to try for Globalist it can also help to spend $30-40k on the card... as a Discoverist I have been told I've been upgraded to a "preferred room" higher floor? Idk. Like you said not much.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      $30-40k spent between two ink cash card will get me 200k Hyatt points so I don’t think I’ll ever put that kind of spend on this one

    • @krs1905
      @krs1905 9 หลายเดือนก่อน +1

      @@LukesPointsandMilesif you do need 5 nights towards the end of the year then the $10k on the card could make sense to get to Globalist. I wouldn’t pass it up when you’re that close and you plan on staying at hyatts going forward.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      if i total all my days in hotels it wont come close to what i would need for gloablist@@krs1905

  • @Just_Stevo
    @Just_Stevo 9 หลายเดือนก่อน +3

    Recently found out you were a Navy guy. what was your rate? I was A BU2

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +2

      I was a YN2! Thank you for your service!!

    • @Just_Stevo
      @Just_Stevo 9 หลายเดือนก่อน

      Same shipmate!@@LukesPointsandMiles

  • @loloi
    @loloi 9 หลายเดือนก่อน +1

    Uncle Luke! could you elaborate on using the Chase card to fund a checking account? Perhaps make a video about it? Wouldn't it be considered a cash advance, and therefore not qualify as a purchase that counts towards a SUB spend requirement?

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      Some banks allow credit card funding. Us bank is one. I have used Chase credit cards to fund us bank checking account. In this example, it’s not a cash advance and it counted towards spend.

    • @loloi
      @loloi 9 หลายเดือนก่อน +1

      @@LukesPointsandMilesoh wow! Thanks for sharing this. That will make something like the Ink Preferred or the Amex Business Gold/Plat a lot more reachable.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      @@loloi now just remember, you still need to pay the card off.

    • @loloi
      @loloi 9 หลายเดือนก่อน +1

      @@LukesPointsandMiles of course, the cardinal rule!!! But you pretty much park the funds in the checking account, then pay it back as soon as the statement is issued, right?

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      @@loloi yeah. I’ve even paid the card off (zero Interest) over time with the same funds I deposited.

  • @krs1905
    @krs1905 9 หลายเดือนก่อน +1

    Do you write off the AF on your biz taxes? It could get you closer to a a negative effective AF.
    I spent to Globalist last year on the card. I got the 75k SUB, and they gave me 10% back on the points earned last year.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      Yes I write it off. I will get the fee down to almost zero so it’s not all that bad.

    • @krs1905
      @krs1905 9 หลายเดือนก่อน

      @@LukesPointsandMilesI just think it’s a true business card that benefits from a good amount of business spend. If you’re just a churner then look at another card because there are much better options out there.
      My biz spend codes as 2x, I got a 75k SUB so I 3x and nights with the sub. Now I’m globalist. Back to the INK cards with their UR points

    • @krs1905
      @krs1905 9 หลายเดือนก่อน +1

      Also, there are some good tier benefits up to $300k now with Hyatt’s refresh of their program.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      @@krs1905 it’s a great program to move up in!!

    • @krs1905
      @krs1905 9 หลายเดือนก่อน

      @@LukesPointsandMiles lots of better places to put spend but their refresh is really impressive for their new offerings

  • @W0ngwaytravels
    @W0ngwaytravels 9 หลายเดือนก่อน +1

    That little nugget of keeping your Chase relationship is nice, nice! As for Hyatt, my favorite is between PH zurich and GH seoul, didnt u go to PH Zurich? Have plans to stay at PH niseko and PH istanbul

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      I’m schedule for PH Zurich in June ‘24

    • @W0ngwaytravels
      @W0ngwaytravels 9 หลายเดือนก่อน +1

      @@LukesPointsandMiles enjoy!

  • @The_Turd_Ferguson
    @The_Turd_Ferguson 9 หลายเดือนก่อน +1

    so you basically did a cash advance to fund the account? At 3-5 points on the draw, Im guessing you were trying to arbitrage that deal? just trying to understand the logic.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +2

      It’s not a cash advance. It’s funding a bank account. Chase will not charge any fees

    • @The_Turd_Ferguson
      @The_Turd_Ferguson 9 หลายเดือนก่อน

      so if use my csp card to fund a personal account or ink to fund a business account, they will pull money from credit card for the deposit and NOT charge a cash advance or interest?@@LukesPointsandMiles

  • @aaront936
    @aaront936 9 หลายเดือนก่อน +1

    Just booked a stay in nassau bahamas any tips for the island?

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      CJ, is from there and he says the food there is very expensive so be aware of that.

    • @aaront936
      @aaront936 9 หลายเดือนก่อน +1

      @@LukesPointsandMiles thanks

  • @chadpennycuff
    @chadpennycuff 9 หลายเดือนก่อน +1

    We are in Super Man Bizarro world, alternate Marvel multi-verse, cause our own Amex Fan Boy and Mr. Hate'n on Hyatt have canceled Amex cards and are keeping a Hyatt card. Nobody would have bet this in a million years - I'm now wondering if you're on the take from Vegas bookies? LOL

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      Nah, I still love Amex i just have to control spending. Those AF’s for me are getting into the thousands.

  • @isaaccarwile
    @isaaccarwile 9 หลายเดือนก่อน +1

    A Hyatt card refresh needs to happen. At least introduce a mid tier Hyatt card with Explorist status and a category higher FNC with a better bonus. They’ve been catching L’s lately with MGM and SLH jumping ship and need to do something to keep people’s interest.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      At least they’ve been boosting all inclusives.

    • @isaaccarwile
      @isaaccarwile 9 หลายเดือนก่อน +1

      True. Losing those partnerships doesn’t help their already small footprint tho

  • @Zenichiro
    @Zenichiro 9 หลายเดือนก่อน +1

    I have the personal and love it and may pick up the business as well. Are you globalist yet and if not are you striving towards it?

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      I will never be globalist. I don’t stay that many night in one year and I’m not willing to spend towards it or do any of the things other folks do during a status challenge. IMO Hyatt is best as a non status program.

    • @Zenichiro
      @Zenichiro 9 หลายเดือนก่อน +1

      @@LukesPointsandMiles can’t wait to see if they do a premium card this year.

  • @ramonsuarez1051
    @ramonsuarez1051 9 หลายเดือนก่อน +1

    It's a weird card. I wish they would have done what they did with the IHG business card, which is just copy the perfectly good consumer card.

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      True but I don’t like the consumer card either.

  • @De_Guatemala
    @De_Guatemala 9 หลายเดือนก่อน +2

    Terrible card, except for the SUB. Hotel cards that don't give an AFN aren't worth keeping after the 1st year. But, if Chase raised it to $450 and added a decent AFN...

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน

      I sort of agree with you. I don’t think all of them that give a free night are bad.

  • @CesarJoel
    @CesarJoel 9 หลายเดือนก่อน +1

    I had to check the calendar 📅 to see if I missed March completely and it was April. Surprised, thanks for the info brother!🫵

    • @LukesPointsandMiles
      @LukesPointsandMiles  9 หลายเดือนก่อน +1

      Just getting ready for the anniversary!!