How To Best Use 100K Chase Ultimate Rewards Points

Summary

In 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

00:00

🌟 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.

05:01

🏨 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.

Keywords

💡Chase Sapphire Reserve points

Chase Sapphire Reserve points are a type of credit card reward points that can be accumulated and redeemed for various benefits. In the context of the video, these points are discussed as a valuable resource for optimizing travel experiences, particularly for full-time travelers. The video emphasizes that the value of these points varies depending on an individual's lifestyle and travel habits, suggesting that they can be used more effectively for long-term hotel stays rather than short-term flight upgrades.

💡Full-time travelers

Full-time travelers are individuals who dedicate their lives to continuous travel, often放弃了 traditional employment and residential patterns. In the video, the hosts identify themselves as full-time travelers and use this lifestyle to inform their advice on how to best use Chase Sapphire Reserve points. Their perspective contrasts with those who have limited vacation time and thus might use their points differently.

💡Perception of value

Perception of value refers to how individuals interpret and prioritize the worth of something, in this case, credit card reward points. The video challenges the common perception that the highest value comes from redeeming points for airline miles and high-class flight tickets. Instead, it argues for a different approach based on the hosts' full-time travel lifestyle, emphasizing the value of long-term hotel stays over short-term flight upgrades.

💡Transfer bonuses

Transfer bonuses are promotional offers that allow credit card users to receive additional points when they transfer their rewards from one program to another, such as from a credit card to a hotel loyalty program. In the video, the hosts recommend taking advantage of transfer bonuses to increase the number of Hyatt points one can get from Chase Sapphire Reserve points, thereby enhancing the value of the redemption.

💡Category one Hyatt Hotel

A category one Hyatt Hotel refers to the entry-level tier in the Hyatt Hotels' loyalty program, which requires the fewest points for a room redemption. These hotels are described as offering high-quality accommodations that can be significantly more luxurious and resort-like, especially in regions like Southeast Asia. The video emphasizes the value of redeeming Chase Sapphire Reserve points for these hotels, which can provide an extended stay in a premium property at a lower point cost.

💡Redemption value

Redemption value refers to the perceived worth or benefit one gets when using reward points for a particular redemption, such as flight upgrades, hotel stays, or other travel-related perks. The video challenges the conventional wisdom that high redemption value is achieved through airline miles and instead advocates for a strategy that maximizes the use of points for longer hotel stays, which can offer greater overall value for full-time travelers.

💡Business class and first class tickets

Business class and first class tickets refer to the premium cabin classes on airlines, which typically offer more comfort, amenities, and services than economy class. In the video, the hosts discourage using Chase Sapphire Reserve points for these types of tickets, as they believe that the points can be better utilized for longer-term benefits such as extended hotel stays, aligning with their full-time travel lifestyle.

💡Early retirement and full-time travel

Early retirement and full-time travel refer to the lifestyle choices of leaving traditional employment at an earlier age than usual to pursue continuous travel. The video speaks to this audience, suggesting that optimizing the use of points like Chase Sapphire Reserve points for long-term hotel stays can contribute to achieving this lifestyle without having to return to work.

💡Suite upgrades

Suite upgrades involve using rewards points or other benefits to secure a higher class of accommodation within a hotel, typically a more luxurious and spacious room than the standard offering. The video briefly mentions the option to use points for suite upgrades as an example of how one can customize their hotel stay redemption to enhance their travel experience, although the hosts ultimately prioritize longer stays over such upgrades.

💡Travel lifestyle

A travel lifestyle refers to a way of living that prioritizes travel as a central aspect of one's life, often involving continuous exploration and the pursuit of new experiences. The video's advice on using Chase Sapphire Reserve points is tailored to those interested in this lifestyle, advocating for strategies that support extended travel and minimize costs associated with accommodations.

💡Point optimization

Point optimization is the process of using reward points in the most efficient and beneficial way possible, based on an individual's needs and preferences. The video provides a unique perspective on point optimization, challenging common advice and offering an alternative strategy for full-time travelers that focuses on long-term value rather than immediate, short-term benefits.

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