In the first case, you're getting about 1.7 cents per point in value, and with the second, you're getting 2.3 cents per point. But in June, room rates start at $349 or 15,000 points per night, or 7,500 plus $175. Rooms in March start at $249 or 15,000 points per night, or 7,500 points plus $125. For example, let's take the Category 4 Grand Hyatt in Washington, D.C. So is the 25 bonus you receive if using points from the Chase Sapphire Preferred Card. While you can often get greater value by transferring your points to partner airlines, the ability to book any flight you want without hunting for award space is nice. By using points for half the paid rate, you could be redeeming your points at a relative loss. Booking travel through the Ultimate Rewards portal is a popular way to redeem Chase points. But let's say you're booking at a low-occupancy time, where room rates are fairly depressed. So, you're paying half the points and half the money. (There's also a cadre of ultra-exclusive resorts that cost 40,000 points, where cash and points hybrid bookings are not offered.) The program's cash and points rates range from 2,500 to 15,000 points plus half the nightly room rate. So, if you have a hotel credit card, make sure to redeem any free nights you might be entitled to before they lapse, and before you burn through any points instead.įor instance, World of Hyatt award nights cost between 5,000 and 30,000 points, depending on the property. Extra points will be credited to the Membership Rewards. All these certificates expire, usually around a year after they are issued (2021 is an exception, given the unusual travel circumstances). If booking is cancelled, the extra points will be deducted from the Membership Rewards account. Meanwhile, the Hilton Honors Aspire Amex extends a yearly free weekend reward night that's good Fridays through Sundays at nearly any Hilton property around the world. The Marriott Bonvoy Boundless from Chase comes with an award night worth up to 35,000 points each year, while the Marriott Bonvoy Brilliant from Amex offers an annual award night worth up to 50,000 points. For instance, the World of Hyatt credit card bestows members with a free reward night each year (redeemable at a Category 1 to 4 property, so it's worth up to 15,000 points), and you can earn a second one by spending $15,000 or more with the card in a calendar year. For me, screenshots of the cancellation status screen from the airlines site worked just fine. Several hotel credit cards deposit award night certificates into members' accounts, either automatically or when they hit certain spending thresholds.
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