I am about 100k points short of a 5 night stay at the Waldorf Astoria in Beverly Hills (4 nights with points, 5th night is free)

I also have ~80K Chase points I want to drop on a really nice hotel for a night in Miami.

Would it make sense to convert my Chase points to Virgin Atlantic then Virgin Atlantic to Hilton at a 1:1.5 ratio? Or are Chase points really that valuable and I should keep accumulating them?

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You want to drop 80k UR on one night at a hotel? Unless that hotel is $5k/night, I wouldn’t consider this at all. 80k gets you 2-3 nights at the best hotels out there (the very best Hyatt hotels are 30-40k/night). To illustrate, we’re doing Alila Ventana ($2k+/night) for 30k/night.

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If you have an AMEX platinum card, FHR could be ideal for this stay, though you’ll need to pay cash

Rule of thumb: if you’re not getting at least $.02 per Chase UR point, it’s likely not worth it.

helpfullike

Thanks, I’ll keep this in mind.

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What is the cash rate for the Miami hotel? I agree with Founder that this is a poor use of 80k Chase points considering you can use that amount for (1) $1200 in travel through Chase if you have the CSR; (2) multiple nights at top-end Hyatts, including almost three nights at PHNY, which runs $700 a night; (3) business class to Europe on Star Alliance after transferring to United or Singapore miles; and many more.

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I’m checking. I only have preferred though

That is a horrible redemption. Use your 80k for a business class trip somewhere

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I'd trade 100K Hilton points for 40k chase points

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Btw, I am open to considering not spending literally all my points on just two trips. But, I grew up pretty poor and have never “balled out,” coupling that with a year and a half of social restrictions and a very outgoing personality I am thinking these options are the best for what I want

80k point is $1200. That is a flight to Europe + modest hotels through the portal.

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