HUGE New Hyatt Card Bonus + Freedom Card to LOSE This Benefit

In this video, I want to talk about two things. We have a brand new, huge bonus on the World of Hyatt credit card from Chase and some bad news for FreedomFlex cardholders. There is a certain benefit of that card that Chase is going to discontinue. Hey, credit warriors, welcome to the show. My name is Ben Hedges, a.k.a. The Credit Shifu, and on this channel, I cover U.S. credit cards, personal finance, and luxury travel. If you like the sound of that, do subscribe, but let's get into it. So Chase just increased the welcome bonus on the World of Hyatt credit card, which is their personal credit card with a $95 annual fee that is co-branded with Hyatt. The last high bonus we saw on this card was at the beginning of this year, but let's see what they are offering now. Earn 75,000 bonus points, 45,000 bonus points after you spend $5,000 on purchases in your first three months of account opening, and up to 30,000 more bonus points by earning two bonus points total per dollar spent in the first six months from account opening on purchases that normally earn one bonus point on up to $15,000 spent. If you look at the terms and conditions, it seems to suggest that those bonus points are in addition to one point on base spent, so it seems it should be three points per dollar, but I'm not 100% sure, right? You'll just have to test it. The points guy values Hyatt points at 1.6 cents each, so that is $1,200 in value if you max out the whole thing. I've used Hyatt points to book all-inclusive resorts in Cancun and Los Cabos and had a great time. Even though the points have been devalued a little bit since then, looking at the award chart, and yes, Hyatt still has an award chart, you should be able to get up to three nights at an all-inclusive resort if you get the whole bonus. Even if you only get the 45,000 points for spending $5,000, you'll still probably be able to get two nights. Anyway, that just went live. It is a limited time offer. On the desktop version in web browser, I couldn't see an end date, but on my phone, there was a little counter that popped up indicating 41 days until this offer ends from now. So get it while you can. All right, let's look at this benefit that the Chase Freedom Flex is about to lose. But first, do you want to earn more points on your credit card? Well, if yes, you need to check out Built. Not only can you earn Built points by paying your rent through Built, but you can also sign up for their dining program and link any card in your wallet, and you'll earn on average three extra points per dollar at restaurants in their program on top of what your credit card already earns. So if it was the Chase Freedom Flex, that gets three points per dollar on dining. So now you'd have six points per dollar, three from Chase, three from Built. The Amex Gold would be seven points per dollar. Built has a load of really good transfer partners, or you can book travel through their travel portal at 1.25 cents per point. Link for that is below. Don't forget to link a card so you can actually earn points. All right, so the Chase Freedom Flex is going to be losing cell phone protection. Currently, the card covers you for damage or theft, $800 per claim with a $50 deductible. But that is going to be going away on September 20th of this year. Now, this is obviously sad to see this benefit go, but I think from Chase's point of view, they probably think that people who have this card most likely also have other cards that provide cell phone protection. Or it could be that it's a benefit that not that many people use. So when Chase thinks about what to cut to save money, to perhaps bring in other benefits elsewhere, it's a benefit that ends up on the chopping block since they feel it isn't going to be a deal breaker if it goes away. And I certainly don't view it as a deal breaker. I pay my cell phone bill with my Amex Platinum in order to get the cell phone protection offered by that card. So I really don't care whether my Chase Freedom Flex has cell phone protection or not. Probably a lot of other people who also have premium cards like the Amex Platinum that provide these things don't care about the Chase Freedom cell phone protection. But if you have been using the Flex to pay your cell phone bill so that you get the protection, I would switch to another card right now so that you are covered in time for September 20th, because normally the cell phone protection on credit cards, it relies on you paying your monthly bill with that card in order to be covered. And that's the video for today, guys. Short and sweet. Happy Friday. Don't forget to sign up for Built. You can take advantage of their dining program by linking any existing card in your wallet. You can also link your Lyft account to earn extra points on Lyft rides as well. Link is down below. Please subscribe to our channel if you're new. We'll see you next time. Bye-bye.