GUWonder

There are some "manufactured spend" types who do generate enough points that get used for Hyatt stays that they do become Globalist on point stays. That said, I have seen some Hyatt accounts have an uptick in the percentage of award stays that don't credit as stays for some weird reason and thus need follow-ups for the award stays to count like they should for status acquisition/retention (and whatever else is tied to the stay counter).

VegasGambler

Amex is nice in that they will tell you when you are applying that you won't get the bonus, but they are still happy to have you as a customer.

Chase is a little more punitive here. They know that you need them more than they need you and they just fire you.

I'm curious to know me about your story... were you shut down? Why did you have to jump through these hoops? I've never heard of anyone being "unfired" by Chase.

GUWonder

I've seen some "fired" Chase credit card customers get back in with Chase credit cards after a break of several years. Part of it may have had to do with becoming a Chase current account customer for the first time after being fired -- on at least the credit card side -- and waiting it out for some time after that.

ElevatorEnthusiast

Nope, no shutdown and no prior Chase account. I applied for the card and then was asked to send in a bunch of identity documentation by going into a branch. Went to branches several times to fax in the required documentation to no avail (the departments kept saying they hadn't received the faxes). Finally, I found a branch with a banker who was fed up after hearing my story and spent 30 minutes with me calling different internal phone lines to finally get me approved while I was sitting there. This specific banker was very nice even eating into their lunch hour because they felt like the process was not working out for me as it should have.

ZorroA0

Not to hijack the thread but for my case, i am spending around 1MM on bonus categories with my business card and got back 2MM points so far.

Basically i am on the same boat as OP, globalist on point. Started with Hyatt biz card this year and i am planning to burn all my points.

Already booked a 7 night reward stay in Hyatt Ziva Cancun (x2 rooms) in Jul. The problem is i couldn't apply TSU so probably need to cancel this stay and go with other resort where i can book standard/premium suite. In planning process for other trips till end of year.

eponymous_coward

Bilt.

https://www.biltrewards.com/

It’s not an MS factory the same way Ink + gift card reselling is though.

northinsouth

Can I ask this as someone who is the amateur in this thread: I thought gift cards to cash was something that most CC's shut down via loophole and that biz cards were expected to be tied to an actual biz with accounts and such? Am I erroneous in my thinking? I mean I put almost everything travel-related on my CSR, save flights on my Amex PL, and daily stuff goes on the Freedom UL. But as a leisure and occasional biz traveler (3-4 overseas trips a year), I still can't come close to generating this kind of spend.

ElevatorEnthusiast

The difference between you and OP is that you are generating this from (presumably legitimate) business spend. I have no idea how OP could have the time and ability to do that much MSing.

Dsm2m2

I am in this boat. Globalist who does not travel for work but earns between 50-100k month in chase UR due to business spend / category bonuses. I do have the Hyatt CC as well for direct spend when necessary and my GF also has Chase cards to assist, but generally our stay breakdown looks like:

- 50% at higher end category 5-7 (usually personal trips & vacations that are pre-planned)
- 50% Category 2-4 at Hyatt Place or lower tier Hyatt Regency properties for short domestic weekends when visiting friends / family
- Sprinkle in the minimum 3x free night certs each year (1x for having Chase Hyatt CC, 1x for hitting 30 nights, 1x for hitting 60 nights)
- We also try to maximize the different points promos, double nights (when its a thing), specific brand promos (Thompson promo now for example)

*Only time we opt to pay for rooms is when some of the lower category properties are so cheap that it just doesn't make sense to use point.

Wintertiger

My family do pure leisure travel so we choose some popular destinations and good resorts for our stay. With the constrain of our self-imposed no-skipping-school policy, we always see the ridiculous high cash rates, which makes point stay a pretty natural choice(of coz in involves some early plannings).

We travel 30ish nights and the rest comes from personal Hyatt cc spending. I might be loosing a few hundreds to 1k not maximizing cc bonuses but the 30ish full breakfast and TSUs worth more than that in our case.

VegasGambler

This has nothing to do with spend. He is churning Ink cards for the SUB. This is a popular thing to do right now because they are easily churned and the bonuses are good. Eventually Chase will say "no more" and shut down all the people who are doing this, as they have done in the past with other cards.

Business cards are supposed to be tied to a business but the definition of business is pretty loose. Anyone can just have a sole proprietorship that doesn't do anything or make any money. There are no real requirements. Personally I choose not to open business cards because, again, I don't want to piss off Chase, but honestly opening one without a "real" business has no real risk because, again, there are no real requirements for a sole proprietership. It just uses your social. Churning them is a different story.

northinsouth

Makes perfect sense. Thanks so much for the explination.

Globalist on points

Hi All,
Sorry for not responding earlier. Flyertalk doesn't let you do more than 5 posts in your first 24 hours.

Here is a breakdown of how I have earned my points in the last 12 months:

95% of my points are from credit card sign up bonuses. I have signed up for 8 UR/Hyatt earning cards. These 8 cards have netted me 890,000 points from the sign up bonuses and self-referrals (I also sign my spouse up for cards).

I had to spend about $75,000 to meet the minimum spends on these cards, probably about half of that was manufactured, with the rest was my normal organic spend, $2,000 - $3,000 per month. I don't manufacture spend other than to meet sign up bonuses and meet the $15k spend on the Hyatt personal card to get the FNC and 6 elite nights.

The amount of points I get from actual spend, bonus journeys, milestones etc is negligible. In the last 12 months it has been about 20,000 points mostly from the Bonus journeys 2-night bonus promo. Like I said above, I don't spend much while at resorts.

I've been churning cards for 5+ years now. I know the rules, and risks. I know all about the history of Chase shutdowns and other banks for that matter. I signed up for my first Hyatt card back when 5/24 didn't apply to it. I've rarely had to talk to a chase rep about my accounts. I've never stepped foot in a Chase branch. I have 800+ credit, $300k household income, stay around 2/24, and space out my applications to at least 90 days, and I lower my credit limit so that I get auto approved. I am an ideal customer from Chase's perspective.

Globalist on points

Some of my other favorite stays include Alila Ventana, GH Kaui, PH New York.

I aim for 3+ c/pt. So far over the lifetime of my redemptions I've averaged 3.81 c/pt, this is skewed slightly by some out sized value stays (Presidential Suite at GH Kauai, and Big Sur Villa at Ventana).

Globalist on points

I disagree about the shutdown risk. I'm not new to this game, I signed up for my first ink card in 2017, and have been slow and steady since then. I've studied the profiles of users that have been shutdown, and they are very different than what I am doing. I am down to 2/24 and stick to 1/90 velocity. I stay under the radar, and still bring in 1 million Hyatt points per year.