Chase Card Services, a division of JPMorgan Chase, and an affiliate of Hyatt Hotels have signed an agreement to extend their co-branded Hyatt Credit Card programme.

Under the multi-year extension agreement, World of Hyatt, the loyalty programme of Hyatt, will continue as a point transfer partner through Chase Ultimate Rewards.

The credit card will offer first-class travel perks ranging from free nights to automatic tier status in the World of Hyatt loyalty programme to World of Hyatt Bonus Points for purchases on the card.

Cardholder can earn up to three bonus points on every $1 spent at all Hyatt hotels and resorts, without any foreign transaction fees. The points can be redeemed for staying at over 700 Hyatt properties in 56 countries globally.

Chase president of co-brand cards Leslie Gillin said: “We’re so proud of what Chase and Hyatt have built together these past eight years and are excited to explore new ways to bring extra value to our Cardmembers.”

Hyatt global chief marketing officer Maryam Banikarim said: “We are very pleased to extend our collaboration with Chase, continuing to deliver exclusive value through World of Hyatt and creating new, meaningful travel experiences for our mutual customers.

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“We’ll continue working with Chase to find new ways to enhance the card and its many benefits for our community of members.”

Chase head of ultimate rewards and loyalty solutions Lorraine Hansen said: “Continuing to bring together the flexibility, value and choice of Ultimate Rewards with the expansive network of Hyatt properties provides great value to our shared customers and allows travelers to make the most of their earned rewards.”