Benzinga | Oct 6, 2021 12:12PM EDT

Hyatt, Chase Launch New Business Credit Card

* Hyatt Hotels Corp (NYSE:H) and Chase Card Services launch new World of Hyatt Business Credit Card, designed to reward small business owners and Hyatt customers.

* Chase Card Services is the U.S. consumer and commercial banking business of JPMorgan Chase & Co (NYSE:JPM).

* The credit card features an adaptive rewards accelerator that allows business cardmembers to earn double World of Hyatt points per quarter on categories they spend the most.

* This new card allows every business expense to be a vehicle for rewards that can be used across the 19 brands and more than 1,000 locations worldwide that participate in World of Hyatt.

* Price Action: H shares are trading lower by 0.93% at $81.31 on the last check Wednesday.