How To Best Use 100K Chase Ultimate Rewards Points
Summary
TLDRIn this video, the host, a full-time traveler, offers a unique perspective on maximizing the value of Chase Sapphire Reserve points. Contrary to common advice, they advocate for transferring points to Hyatt Hotels during transfer bonuses, which can yield up to 40 nights at category one hotels, especially in Southeast Asia. The video emphasizes the importance of considering personal travel habits and lifestyle when deciding how to best use points, suggesting that for frequent travelers, extended stays in luxurious properties provide better value than short-term airline upgrades.
Takeaways
- 🌟 The speaker is a full-time traveler and suggests using Chase Sapphire Reserve points differently than the general perception.
- 💼 Most advice on using Chase points focuses on exchanging them for airline miles to get high-class tickets, but this may not suit everyone's lifestyle.
- 🏨 The speaker advocates for using points to transfer to Hyatt Hotels, especially during transfer bonuses, to maximize value.
- 🌐 The value of points varies greatly depending on an individual's travel habits and lifestyle, such as full-time travelers versus those with limited vacation time.
- 🛏️ Transferring points to Hyatt can yield up to 40 nights at a Category One hotel, offering significant savings and value.
- 🏝 The speaker highlights the high quality of Category One hotels in places like Southeast Asia, which can offer luxurious stays.
- 🤔 The speaker questions the wisdom of using points for a brief upgrade on a flight versus a month-long stay in a hotel, favoring the latter.
- 🚫 The speaker personally avoids using points for first-class flights, preferring to save points for extended stays in hotels.
- 🔄 The speaker suggests using points strategically, such as getting a suite upgrade for a fraction of the cost compared to using points for business class.
- 👫 The speaker emphasizes the importance of aligning point usage with one's lifestyle goals, such as early retirement or continuous travel.
- ✈️ The overall message is to reconsider the traditional advice on Chase points and tailor their use to one's unique travel needs and preferences.
Q & A
What is the main topic of the video?
-The main topic of the video is how to maximize the value of Chase Sapphire Reserve points, specifically for a lifestyle of full-time travel.
Why does the speaker believe that the general perception of Chase points is wrong?
-The speaker believes the general perception is wrong because most advice comes from people who only travel for a couple of weeks a year, whereas the speaker travels full-time, leading to a different usage and value of the points.
What is the common recommendation for using Chase points?
-The common recommendation is to trade Chase points for airline miles to get a high redemption value, such as a business or first-class ticket.
Why do the speakers prefer not to use their points for business or first-class flights?
-The speakers prefer not to use their points for such upgrades because they do not regularly spend that amount of money on flights, and they believe in using points to save on costs that would otherwise be incurred.
What is the speakers' recommended use of Chase points?
-The speakers recommend transferring Chase points to Hyatt Hotels, especially when there is a transfer bonus, to get more value out of the points through hotel stays.
How many nights can one get in a Hyatt category one hotel with 100,000 transferred points?
-With 100,000 transferred points, one can get 30 to 40 nights in a Hyatt category one hotel.
What makes category one hotels in Southeast Asia particularly appealing to the speakers?
-Category one hotels in Southeast Asia are particularly appealing because they are often upscale resorts with higher quality and more luxurious offerings than similar category one hotels in the US.
How does the speakers' approach to using points align with their lifestyle goals?
-Their approach aligns with their goal of not having to return to traditional employment, allowing for early retirement and a full-time travel lifestyle by maximizing point value for extended hotel stays rather than short-term flight upgrades.
What alternative accommodation strategy do the speakers use when they have points for a bedroom on Amtrak?
-Instead of using points for a single bedroom, they use the points for a room and then find roommates to share the cost, effectively reducing their out-of-pocket expenses.
What is the speakers' advice for viewers considering full-time travel or early retirement?
-The speakers advise viewers to change their thinking about points usage, focusing on long-term stays at luxurious properties for the best value, rather than using points for first-class flights and paying for hotels.
Outlines
🌟 Optimal Use of Chase Sapphire Reserve Points
This paragraph discusses the host's unique perspective on utilizing Chase Sapphire Reserve points, contrasting the common advice found online. The host, a full-time traveler, emphasizes that the value of points varies for different individuals. They argue against the popular notion of exchanging points for airline miles, suggesting that for frequent travelers, transferring points to Hyatt Hotels during a transfer bonus is more beneficial. This strategy can yield up to 40 nights at a Category one Hyatt hotel, which are often luxurious and upscale, particularly in Southeast Asia. The host encourages viewers to reconsider the traditional approach to point redemption to maximize their value, aligning with a lifestyle of continuous travel and early retirement.
🏨 Leveraging Hyatt Points for Long-Term Stays
The second paragraph expands on the idea of using Chase Sapphire Reserve points to acquire Hyatt hotel stays, highlighting the significant value this offers for long-term travelers. The host explains that with 100,000 to 130,000 Hyatt points, one can enjoy up to 40 nights at a Category one hotel, especially during off-peak seasons. They dispel the misconception that Category one hotels are not valuable, noting that properties in locations like Southeast Asia are often stunning resorts. The host also mentions the option to upgrade to a suite for a more luxurious experience. They emphasize that the goal is to maintain a lifestyle free from traditional work, suggesting that saving points for business or first-class flights is less beneficial than using them for extended, complimentary hotel stays.
Mindmap
Keywords
💡Chase Sapphire Reserve points
💡Full-time travelers
💡Perception of value
💡Transfer bonuses
💡Category one Hyatt Hotel
💡Redemption value
💡Business class and first class tickets
💡Early retirement and full-time travel
💡Suite upgrades
💡Travel lifestyle
💡Point optimization
Highlights
The video discusses maximizing the value of Chase Sapphire Reserve points, offering a unique perspective different from common advice.
The speakers are full-time travelers, which influences their approach to using points differently than most people.
The common belief is that Chase points are best used for airline miles to get high redemption value, but the video suggests this may not be the best use for everyone.
The best use of Chase points, according to the video, is transferring them to Hyatt Hotels when there is a transfer bonus.
With a transfer bonus, 100,000 Chase points can be converted to Hyatt points, potentially offering 30 to 40 nights at a category one Hyatt hotel.
Category one Hyatt hotels in places like Bali and Southeast Asia are described as upscale and resort-like, offering significant value.
The video emphasizes the importance of considering personal travel habits and preferences when deciding how to use points.
For full-time travelers or those considering early retirement, using points for long-term hotel stays is recommended over short-term flight upgrades.
The video suggests that using points for first-class flights is not a good value for the lifestyle they advocate.
An example is given about using points for an Amtrak trip and sharing the cost of a room with roommates for better value.
The ultimate goal for the speakers is to avoid returning to traditional work by making smart use of points for accommodations and travel.
The video encourages viewers to rethink the conventional wisdom about point redemption to achieve their lifestyle goals.
The value of 100,000 Chase points can be significantly higher when redeemed for hotel stays, especially during off-peak seasons.
The video invites viewers to ask questions and engage in the comment section for further discussion on point usage.
The speakers share their personal experiences and strategies for using points effectively, providing a practical guide for viewers.
Transcripts
all right guys welcome back to the
channel alien Rob here and today we are
going to share with you how to get the
most out of a hundred thousand Chase
Sapphire Reserve points and this is
going to be a different video than
basically anyone else is going to tell
you or any article you're going to read
because we're living a lifestyle that is
different than most people and if you're
watching this you may be interested in
living that lifestyle as well so we're
going to go through a couple of things
that we think the general perception of
chase points is wrong on the internet
and how you should best use them and
we're going to tell you why that is and
how you should be using them in our
opinion now coming from this vantage
point we are full-time Travelers we
travel full-time we can travel wherever
we want whenever we want and so that is
really going to change and dictate how
we're going to use our points most
people that were advising others on how
to use chase points are working for a
living and they get one to two weeks of
vacation a year
so they may rack up two to three hundred
thousand chase points maybe even 500 000
or a million
and they basically have to use all those
points in one week or two weeks right
exactly and that's really where the the
big difference comes in of what these
points are worth to each person it's not
the same there's it there's a big
portion of people like you said that are
in that pool where they've only you know
get one to four weeks a year they're
gonna spend the bulk of their points
during that time obviously but we travel
365 days a year
so we use our points in a different way
so they're worth a you know that their
worth is different to us than it is to a
lot of the other people that are sharing
what it's worth so let's talk about that
a little bit the breakdown yeah so the
general consensus of chase points is
that it's best to trade them for airline
miles because you can get a business
class or a first class ticket which is
worth ten thousand dollars or something
and then they have a really high
Redemption value but the point is are
you the kind of person that goes out and
spends ten thousand dollars on a
business or a first class ticket if
regularly if you're not then that's not
really what those points are worth
that's just an inflated number that the
airline gives you so that you feel like
you're getting a good Redemption for
your points you really want to trade in
your points so that you can save as much
money as possible that you would have
otherwise had to spend so we think the
best use of chase points is by
transferring them
to Hyatt Hotels when there is a transfer
bonus you'll get a hundred thousand
Hyatt points for that if there's a
transfer bonus you may even get like 130
000.
and a category one Hyatt Hotel
Redemption which can be extremely
beautiful with those
it can be had for 3 500 points a night
so you're looking at
30 to 40 nights
in a Hyatt category one hotel now some
of the category one hotels we've seen
and are looking at staying out of the
park Hyatt Chennai there's also some
beautiful hotels in Bali all over Asia
they're a beautiful category one hotels
and this is more than just getting a
Hyatt Place in in Atlanta or something
yes uh we're talking about just really
different properties yes the name is the
same but the properties overseas
especially when you're looking in
Southeast Asia Asia the properties are
way different
um it's like it's more upscale they're
more Resorts especially the ones in Bali
are actual Resorts they're going to be
the nicest of that brand you've ever
stayed at like it'll be the nicest
Fairfield you've ever stayed in it'll be
the nicest Holiday Inn or you know Park
Hyatt or or whatever it's going to be
the nicest or even Staybridge uh it's
gonna be the nicest you've ever seen
because it's it's different and the
quality they're offering is different
than what you would get for those same
for more points in the US right so if
you're talking about a hundred thousand
points the question really comes down to
doing what most people say which is to
spend it on an airline upgrade do you
really want to spend your hundred
thousand points on 12 hours of having an
extra six square feet
or a month of having a free room and for
us that's a no-brainer and that really
only comes into play if you have the
month
to stay in the hotel for free and and we
do and a lot of people watching this
channel you may be looking at full-time
travel or early retirement when you get
there you really want to change your
thinking a little bit about points you
want to use them to get yourself a long
stay at a luxurious property and that's
going to be the best usage of them
because again 100 000 Hyatt points and
if you get a bonus on that get like 120
130 000 that's going to get you 40
nights at a category one if you're going
off season and that is a crazy good
value Redemption the 400 000 Chase
Sapphire points exactly and you know
your category one is really going to be
an incredible property overseas
especially in Southeast Asia so don't
think oh it's just a category one that's
not going to be good it's going to be
amazing yeah and if you're the kind of
person that likes to splurge a little
bit on these category ones you can go
ahead and get this sweet which is really
double the points so for seven thousand
points you can get the sweet you could
stay in the suite for 20 nights or 15
nights and you know do that kind of
thing too but yeah it's we don't ever
really use our points for business class
or first class people always say oh you
probably flew first class we never fly
first class because it's just not a good
usage of our points we don't waste it on
that yeah and it's kind of like uh when
we do Amtrak back home too we we usually
just get the room at because I can get
two or three roommates for the price of
a bedroom yep I've got the points to get
a bedroom but I in a roommate for three
different trips so why wouldn't I do
that instead yeah and the whole point of
this lifestyle is not having to go back
to work so we're doing things that will
ensure that we don't have to go back to
work you can retire early you can live
the life you want
and that just means flying coach and
staying for free in a hotel instead of
using all your points on a first class
ticket and paying for your hotel for a
month
that's the better way to go definitely
hopefully this is helpful to you as
you're making your plans and plotting
and trying to decide what to do with
those fabulous Chase Sapphire Reserve
points that you have if you have any
questions leave those for us down in the
comment section and we'll see you next
time
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