Adam McCann, Financial Writer
@adam_mccann
The Hyatt credit card hold amount is typically the cost of your stay plus extra for incidentals. The exact amount extra is entirely dependent on the Hyatt property at which you are staying, but it is usually $50 or less per day. Individual hotels can set their own hold policies, so the best course of action is to call the hotel directly to ask. This is also the case for most other major hotel brands.
A credit card hold temporarily prevents you from using a certain amount of your credit line. This ensures that your card will have enough available credit to pay the full amount due when you check out. For example, if your available credit is $1,000 and a hotel puts a hold for $100 on your card, you will only be able to make $900 in purchases. The hold will be removed from your card once your room fees and any applicable incidentals are charged after your stay. If you do not incur any incidentals, the hotel will only charge your room cost to the card and will remove the hold for the incidentals.
It’s useful to note that a Hyatt credit card hold will not impact your card’s credit utilization ratio, since it is not a charge. Only the final amount that Hyatt charges to your credit card will affect your utilization.
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