Thursday, June 27, 2013

A new hotel program to consider

My girlfriend and I were looking to stay in downtown Chicago in a few weeks but due to an event happening there, most of the hotels are either full or only have pricey rooms available. This left me in quite a predicament as I don’t like to use our precious Sapphire points to book hotels, but it appeared this was our only option. I had pretty much resigned myself to spending 80,000+ points for two nights downtown, until I happened upon this little gem of an award chart I’d never really considered before:



This award chart belongs to Hyatt. I’ve never stayed at a Hyatt because wherever they are there have always been Hiltons and Starwoods, two chains I’m loyal to. In this case though, I didn’t have enough Hilton points for their downtown hotels, and the only Starwood available was the brand new Aloft, which was just a bit too far towards downtown for us.

Enter the Hyatt Magnificent Mile, a 4-star hotel that normally costs $400 a night. It comes in on the award chart as a category 4, and there were award nights available. So instead of 80,000 Ultimate Rewards points, I ended up transferring 30,000 to Hyatt and booking that way. That was the lowest point cost for any hotel I saw downtown, by far.

It turns out 3 of their 4 downtown Chicago hotels cost 15,000 per night. That’s pretty darn cheap. So cheap, in fact, that I looked into their credit card.

Chase Hyatt Credit Card

Boy was I impressed! This card earns you two free nights at any Hyatt property worldwide after $1,000 spend. Two nights at the Park Hyatt Maldives would cost you $1,500 by comparison. That is one lucrative signup bonus! Plus you get their Platinum elite status just for having the card, and you earn 1 point per dollar on all spend. Given that the Chase Sapphire Preferred also earns 1 point per dollar and you can transfer points 1:1 to Hyatt, it doesn’t really make sense to spend on the card. But it’s definitely worth signing up for the bonus alone.


I’m very excited to start using this program more. Well done Hyatt!

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