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Thursday, November 21, 2024
HomePointsCredit CardsKeep vs. Cancel: Chase Business Hyatt

Keep vs. Cancel: Chase Business Hyatt

I have stopped being lazy when it comes to calling in for retention offers. With the economy sputtering, maybe banks will be a little kinder when it comes to subsidizing annual fees with perks. That was not the case with Chase Hyatt Business.

Me: Calling to cancel my card.

Chase: Why?

Me: Annual fee.

Chase: OK, card is closed.

There was no hesitation. He didn’t even read a disclosure where I could interject. It was over before it began.

I have no regrets about canceling. The $199 annual fee is not worth the sticker price. There is no annual free night like its personal partner. The only benefit for most people is two $50 statement credits when staying at a Hyatt.

a pool with chairs and flowers
Use the statement credit at the overpriced, overrated Park Hyatt St. Kitts.
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6 COMMENTS

  1. Sucks that there were no retention offers. I just spent $50k on this case in the last few weeks. Had a chase spend bonus of double pts for the first $15k spend. Also, wanted my 10% points back. (20,000 pts back ~ $150). + $50 & $50 credits. Basically breakeven on the card. But I’m also just 30 nights from Globalist without a single stay yet this year.

  2. I got the exact same response when I canceled my southwest business card yesterday. I was a little surprised they didn’t offer something but it just didn’t make sense for me.

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