There are many reasons why Chase Ultimate Rewards<\/a> points are one of the most popular transferable currencies.<\/p>\n There’s the 5\/24 rule<\/a>, which incentivizes people to apply for Chase cards first. There’s the Chase Sapphire Preferred\u00ae Card<\/a>, the nearly universally recommended starter card for someone new to the points hobby<\/a>. There’s the fact that Chase defines its bonus categories<\/a> more broadly than Citi and American Express. And finally, there’s Chase’s array of valuable transfer partners<\/a>.<\/p>\n Today, we’ll look at one specific area in which the program has a significant competitive advantage: redeeming Chase points for hotels. There are several valuable ways to put your Ultimate Rewards points toward your next hotel stay. Any of them could make sense under the right circumstances.<\/p>\n You can transfer your Ultimate Rewards points on a 1:1 basis to the following Chase hotel partners:<\/p>\n You can also book virtually any hotel worldwide using Ultimate Rewards points through Chase Travel\u2120, which we will explain below.<\/p>\n Daily Newsletter<\/p>\n Reward your inbox with the TPG Daily newsletter<\/p>\n Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG\u2019s experts<\/p>\n<\/div>\n<\/div>\n Welcome bonus:<\/strong> 75,000 points after you spend $4,000 on purchases in the first three months from account opening<\/p>\n Why you want it:<\/strong> This is a fantastic all-around travel credit card<\/a>. It earns points at the following rates:<\/p>\n The Sapphire Preferred has no foreign transaction fees<\/a> and comes with many travel perks<\/a>, including delayed baggage insurance, trip interruption\/cancellation insurance<\/a> and primary car rental insurance<\/a>.<\/p>\n Annual fee:<\/strong> $95<\/p>\n Application link: Chase Sapphire Preferred Card<\/a><\/strong><\/p>\n Welcome bonus:<\/strong> 75,000 points after you spend $4,000 on purchases in the first three months from account opening<\/p>\n Why you want it:<\/strong> The Sapphire Reserve offers earning power paired with travel perks that can easily cover the annual fee. It earns points at the following rates:<\/p>\n Other perks include an easy-to-use $300 annual travel credit<\/a> and a fee credit for Global Entry<\/a> or TSA PreCheck<\/a> (up to $100 once every four years), as well as Priority Pass Select<\/a> lounge access and entry to a growing list of new Sapphire lounges<\/a>. This is one of the few cards that allows you to use your Priority Pass membership for discounted meals in airport restaurants<\/a>. Cardholders also get primary car rental coverage, trip interruption\/cancellation insurance and other protections<\/a>.<\/p>\n Annual fee:<\/strong> $550<\/p>\n Application link: Chase Sapphire Reserve<\/a><\/span><\/strong><\/p>\n Welcome bonus:<\/strong> 100,000 points after you spend $8,000 on purchases in the first three months from account opening<\/p>\n Why you want it:<\/strong> This is one of the best credit cards for small-business owners<\/a>. It earns points at the following rates:<\/p>\n Annual fee:<\/strong> $95<\/p>\n Application link: Ink Business Preferred Credit Card<\/a><\/strong><\/p>\n There are also four Chase credit cards that are technically cash-back products. However, if you have one of the three cards noted above, you can combine your points into a single account, converting these cash-back rewards into fully transferable Ultimate Rewards points.<\/p>\n Even better? None of these cards charge an annual fee.<\/p>\n Here are the four cards that offer this functionality:<\/p>\n Chase’s secret maximization weapon is the lucrative World of Hyatt loyalty program<\/a>, a 1:1 transfer partner<\/a>. While most advice about redeeming flexible points for maximum value centers around airline transfer partners, Hyatt’s very reasonable award chart is a compelling exception.<\/p>\n You’ll find sweet-spot redemptions<\/a> at both the upper and lower ends of the chart, with award rates starting at just 3,500 points per night on off-peak dates<\/a>.<\/p>\n Sometimes, it can be hard to conceptualize what a 75,000-point credit card sign-up bonus will actually get you, especially if you’re new to the points world. Hyatt makes it easy, as that sign-up bonus could be worth 15 nights (during standard pricing dates) at Category 1 hotels.<\/p>\n Another easy way to redeem your Hyatt points for well above TPG’s 1.7-cent valuation<\/a> is to look at Category 7 hotels. While the award chart above has a higher tier (Category 8), those properties require a significant premium over Category 7 resorts. Those additional 10,000 points per night may not be worth it.<\/p>\nWhat are Chase’s hotel partners?<\/h2>\n
How do I earn Chase Ultimate Rewards points?<\/h2>\n
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<\/picture>\nChase Sapphire Preferred Card<\/h3>\n
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Chase Sapphire Reserve\u00ae<\/h3>\n
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Ink Business Preferred\u00ae Credit Card<\/h3>\n
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Cash-back Chase credit cards<\/h3>\n
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Transferring Chase Ultimate Rewards points to World of Hyatt<\/h2>\n
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\n Hotel category<\/strong><\/th>\n Off-peak points per night<\/strong><\/th>\n Standard points per night<\/strong><\/th>\n Peak points per night<\/strong><\/th>\n<\/tr>\n<\/thead>\n\n \n 1<\/td>\n 3,500<\/td>\n 5,000<\/td>\n 6,500<\/td>\n<\/tr>\n \n 2<\/td>\n 6,500<\/td>\n 8,000<\/td>\n 9,500<\/td>\n<\/tr>\n \n 3<\/td>\n 9,000<\/td>\n 12,000<\/td>\n 15,000<\/td>\n<\/tr>\n \n 4<\/td>\n 12,000<\/td>\n 15,000<\/td>\n 18,000<\/td>\n<\/tr>\n \n 5<\/td>\n 17,000<\/td>\n 20,000<\/td>\n 23,000<\/td>\n<\/tr>\n \n 6<\/td>\n 21,000<\/td>\n 25,000<\/td>\n 29,000<\/td>\n<\/tr>\n \n 7<\/td>\n 25,000<\/td>\n 30,000<\/td>\n 35,000<\/td>\n<\/tr>\n \n 8<\/td>\n 35,000<\/td>\n 40,000<\/td>\n 45,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n ![\"\"](\"https:\/\/thepointsguy.global.ssl.fastly.net\/us\/originals\/2022\/02\/Park-Hyatt-Sydney-PRINT.jpg?width=3840\"\/)
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