Keeping Hyatt Chase card-is it worth it?
#16
Join Date: Aug 2000
Location: Seattle, WA
Programs: Alaska 100K - MM, defender of shoes on the carpeted bulkhead 4ever, AA LT PLT, Hyatt Glob, HH Dia
Posts: 7,446
same for us. Always maximize the Cat 4. While I'm now a lowly plt. I seem to get RC access, nice room upgrades and recognition when I stay at Hyatts, so I'm sticking with them and the card.
#19
Join Date: Dec 2000
Location: Charleston, SC, USA
Programs: Avis Pref+, Hyatt Explorist, Marriott Life Gold, Honors Silver, IHG Plat via MC.
Posts: 6,786
Cat. 4 free night + $20 cheaper annual fee + (FWIW) Instant Plat. = I might keep it & dump the Sapphire next year, now that Chase means it with their Transfer to Self or Spouse/DP Only Rule !
#20
Join Date: Feb 2013
Posts: 103
I wondered this same thing, but I've been able to use my and DH's free nights at some pretty great places. NYC before they changed the category for the Hyatt Place and this winter we'll be using it at the Hyatt House in Fort Lauderdale for a 2 nights. Not a super location, but great reviews and the hotels run around $250-$300 a night in the area.
#24
Join Date: Jan 2009
Programs: Hilton Diamond, IHG Spire Ambassador, Radisson Gold, Hyatt Discoverist
Posts: 3,623
I'm think of cancelling this in a few months after the free cat 4 night posts, then re-applying in about a year to get the two free nights at (almost) any property again.
Is that a bad strategy?
Also, if I do cancel early next year, will I lose platinum status immediately or at the end of the year?
Is that a bad strategy?
Also, if I do cancel early next year, will I lose platinum status immediately or at the end of the year?
#26
Join Date: Dec 2000
Location: Charleston, SC, USA
Programs: Avis Pref+, Hyatt Explorist, Marriott Life Gold, Honors Silver, IHG Plat via MC.
Posts: 6,786
Maybe Jphripjah's strategy is not so bad. I just got my Anniv. Free Night last week, but my Annual Fee will be billed Dec. 1st. Over the years I cancelled Chase Visas for Marriott, IHG, and Fairmont after being awarded the free night without a problem. Now I get ads & emails which solicit me to re-apply !
Chase's rule is that one must wait 2 full years (24 months) after receiving a welcome bonus to get it again on the same type of card.
IDK when Plat status ends when cancelling a card, but when I cancelled my UA Visa, I lost enhanced award-seat availability and discounted change fees almost immediately.
Chase's rule is that one must wait 2 full years (24 months) after receiving a welcome bonus to get it again on the same type of card.
IDK when Plat status ends when cancelling a card, but when I cancelled my UA Visa, I lost enhanced award-seat availability and discounted change fees almost immediately.
#27
Join Date: Jan 2009
Programs: Hilton Diamond, IHG Spire Ambassador, Radisson Gold, Hyatt Discoverist
Posts: 3,623
#28
Join Date: Nov 2011
Location: California
Programs: Hyatt Global, Marriot Lifetime Titanium
Posts: 2,282
#29
FlyerTalk Evangelist
Join Date: Mar 2013
Programs: DL PM, MR Titanium/LTP, Hilton Diamond
Posts: 10,130
Free WiFi via the Plat is not insignificant either. While I agree overall Plat isn't a great value - between the free night stay (also using mine this year at the Hyatt HK TST), the 2pm checkout, and the my elite rates, it's worth the $75 to keep in my pocket since I find myself staying at a Hyatt when push comes to shove often because of the "my elite rate"
#30
FlyerTalk Evangelist
Join Date: Aug 2002
Location: Intermountain West
Programs: Too many to list
Posts: 12,082
Chase usually makes you wait 24 months from the date your last bonus (2 free nights) posted to be eligible for another bonus. Sorry.