Why Do You Recommend Transferring Chase UR Points to Hyatt?
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TPG reader Dan emailed me to ask:
“In several blog posts, you mention that you get more value from Ultimate Rewards points if you use them with Hyatt, but it seems like points transfer 1:1. Can you please explain?”
I don’t mean to say that you actually get more points by transferring to Hyatt then you do with any other transfer partner. The Chase Ultimate Rewards partners all transfer at a 1:1 ratio. However, the value you get out of those points is not the same. You can transfer 30,000 Ultimate Rewards points and redeem for a stay at a beautiful Park Hyatt, which could cost upwards of $1,000 per night. That would give you over three cents per point in value.You can transfer 30,000 Chase Ultimate Rewards points to Hyatt for a night in a luxury Park Hyatt hotel.
You can use other programs for comparable rooms, but you’re going to end up paying more. While you can transfer Amex points to Hilton at a better ratio of 1:1.5, you’ll need 95,000 HHonors points for a similar stay/room at a Hilton property. With Chase Ultimate Rewards transfer partner Ritz-Carlton, a comparable stay would cost you 70,000 points per night.
The same goes for Marriott and IHG, where you’re looking at 50,000 points instead of 30,000 points for a room at a top-tier property. Even though Hyatt doesn’t have the biggest footprint, I firmly believe that as far as transferable points go, sending Chase Ultimate Rewards to Hyatt is a solid deal.
Of course, always do the math for whatever redemption you have in mind and make sure it offers good value.
Know before you go.
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