The free night award (with a point redemption cap, currently 40,000 points) is issued on your card anniversary each year. It has an expiration date and must be used or it is lost.
Hotel
Earn a second Free Night Award (up to 35,000 points) after spending $60,000 on purchases in a calendar year.
Hotel
Complimentary membership in the Hyatt Leverage program, providing business-specific discounts of up to 15% off standard rates at participating Hyatt hotels.
Hotel
Annual upgrade certificates for Ritz-Carlton Club level on paid stays.
Hotel
Book 3 nights with points and get the 4th night free on IHG reward stays.
Hotel
Earn a $50 statement credit when you spend $50 or more at any Hyatt property, up to two times each anniversary year, for a total of $100.