The Hyatt Visa comes with two free nights at any Hyatt in the world as a signup bonus, Platinum Gold Passport members get suite upgrade certificates also, and Diamond Gold Passport members get their two free nights in suites.
Those are good offers for the card, and I find the card worth keeping despite the $75 annual fee because of the annual free night good at any hotel up to category four (such as the Hyatt 48 Lex in New York).
Unfortunately, the card doesn’t offer a first year fee waiver. Back in April I did find an offer of a $75 statement credit which covered the fee, but that link was since pulled.
Today in the comments to my post on best credit card signup bonuses, Murphy wrote:
Just an FYI for anyone wanting the Hyatt Visa…you should be able to find an offer that includes a $75 statement credit by making a dummy booking (should be offered on the page you enter guest information).
And indeed, this seems to work.
Going to the Hyatt website and going through the process to make a reservation does seem to generate an offer for the card that includes the $75 statement credit, an amount equal to the annual fee.
You’ll see that after you search for a hotel on a given set of dates, and select your rate. You get to the place where you would enter payment information, and there’s an icon on the right hand side of the screen advertising the offer.
Click on it, and you’ll be taken to an application page.
You do have to find the offer this way, though, just going to the link for the application that offers the statement credit doesn’t seem to work.
This is, of course, a better deal than the link that offers referral credit to me since that doesn’t come with the statement credit. But you certainly shouldn’t leave $75 on the table.
Thanks, Murphy, for sharing the tip!