The Hyatt Credit Card - 2 free nights any Hyatt anytime and $75 statement credit ($75 annual fee)

I know there's another thread on the Hyatt card and 2 free nights, but this application also includes a $75 statement credit that basically offsets the $75 annual fee. So you get 2 free nights for nothing after first purchase.

http://www.hyatt.com/hyatt/chase/ICOffer.jsp

Here are the details:

Reward Yourself Generously

$75 statement credit as a bonus after your first purchase
3 Hyatt Gold Passport points for every $1 spent with your Hyatt Credit Card
at all Hyatt properties
1 Hyatt Gold Pasport point for every $1 spent on all other purchases

Travel with comfort and ease

Smart Chip protection for international travel
No foreign transaction fees; and worldwide acceptance
Elite Hyatt Gold Passport Platinum membership for as long as you are a cardmember*
One Anniversary Award Night each year, in category 1-4 properties*

All for a $75 annual fee – which is the same amount as your statement credit bonus