![[Unsubstantiated Rumor] New Chase Park Hyatt Card ($795 Annual Fee), Category 9 & 10 Properties And More](/cdn-cgi/image/width=3840,quality=75,format=auto,fit=cover/https://www.doctorofcredit.com/wp-content/uploads/2020/07/hyatt.png)
The proposed card and category overhaul would deepen Chase’s foothold in the ultra‑premium travel segment while forcing Hyatt members to reassess redemption strategies and value calculations.
Co‑branded premium cards have become a battleground for banks seeking affluent travelers, and Chase’s alleged entry into the ultra‑luxury tier signals a strategic push beyond its existing Sapphire and Freedom lines. By pairing a hefty $795 fee with a 100,000‑point welcome bonus, the proposed Park Hyatt Premium Card would target frequent international travelers who value hotel status and lounge access. The inclusion of automatic Explorist status and a substantial $400 in Hyatt statement credits further differentiates it from competitors, positioning the card as a comprehensive travel‑spending tool rather than a pure points generator.
Hyatt’s rumored category expansion to include Category 9 and 10 properties adds another layer of complexity for members. Higher‑priced award nights could dilute the perceived value of points, especially as the new “super‑peak” pricing model introduces dynamic, event‑driven redemption rates. However, the ability for Explorist and Globalist members to top‑off certificates—up to Category 7 for Explorists and any property for Globalists—offers a flexible pathway to premium stays, potentially offsetting the higher redemption thresholds for power users who can meet the spend requirements.
For the broader market, these developments underscore a shift toward more granular, revenue‑driven loyalty structures. Travelers will need to scrutinize the cost‑benefit equation of the new card, weighing the high annual fee against the guaranteed status and credit benefits. Meanwhile, industry observers should monitor official confirmations, as the rumor’s credibility hinges on coordinated announcements from both Chase and Hyatt. If validated, the move could prompt rival issuers to accelerate their own premium offerings, intensifying competition in the high‑net‑worth credit‑card arena.
File this under unsubstantiated rumors that I can see being true but an anonymous reddit user just made a post on the Hyatt subreddit regarding some major changes to the program.
$795 annual fee
100,000 point sign up bonus
Automatic explorist status
Annual category 1 to 5 certificate
20 qualifying nights deposited at start of year
10 qualifying nights for every $15,000 in spend
Earn Globalist with an additional 20 qualifying nights (“Important distinction: Globalist earned through the card will function similarly to a corporate status match. Members receive full tier benefits, but Milestone Rewards such as confirmed Suite Upgrade Awards and My Hyatt Concierge will not trigger until 60 qualifying nights are actually earned through stays and spend.”)
$400 in Hyatt statement credits ($200 credit twice annually)
Chase Sapphire and Priority Pass lounge access
Card earns at the following rates:
10x earn at Hyatt
3x dining
3x direct airline bookings
Introduction of new category 9 and 10 properties
Category 9: 50,000 points per night (standard pricing)
Category 10: 60,000 points per night (standard pricing)
Very few properties will be 9/10 at launch (possible only category 10 property will be Park Hyatt Kyoto at launch and most category 9 will be Park Hyatt)
Free night certificates will be upgraded (e.g 1 to 4 becomes 1 to 5)
Ability to top off certificates will be formalized:
Explorists will be able to top off a 1 to 5 certificate up to a Category 7 property.
Globalists will be able to top off a 1 to 5 or 1 to 8 certificate at any property.
Amount charged for topping off a certificate will be based on the standard redemption rate.
Introduction of ‘super peak’ for select service properties. Cap of 10 super peak nights per property per calendar year.
“Instead of traditional peak award bands, pricing during those windows will be tied to a fixed 1.5 cents per point floor until it reaches the peak pricing of two categories higher than the hotel’s assigned category.”
“Example: If a Category 3 Hyatt Place is retailing at 450 dollars during a major event, redemption pricing would float to 23,000 points, which reflects Category 5 peak pricing and remains below what a strict 1.5 cents per point calculation would otherwise produce.”
Chase has sent out a survey regarding a premium Hyatt card before but that was with a much lower annual fee than this. Recently it was announced that Chase & Hyatt would be launching more cards. March is generally when award category changes from Hyatt are made as well.
The timing aligns but obviously anybody that was going to go to the trouble of making something like this up would normally try to make it believable as well. I suspect if this is true the leaks are coming from Hyatt rather than Chase. In any case I really enjoy wildly speculating on things that might not even be real.
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