But to get the maximum value from your Citi ThankYou Points, you should transfer your points to frequent flyer programs. I have been looking for a resource like this! Is it possible to add a “last updated date” to this as it’s hard to tell if this is end of 2014 or current 2015 valuation? Advertiser Disclosure: Some links to credit cards and other products on this website will earn an affiliate commission. This is very subjective, as it’s hard to assign an absolute value to miles in many cases, and everyone has different travel goals and priorities. Hyatt also has a partnership with Small Luxury Hotels of the World properties and integrated the chain into its award chart. Seychelles will waive your quarantine requirement, United boosts onboard food service with new inflight offerings, Blue Cash Preferred® Card from American Express, Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. When you book direct on hyatt.com, you know you’re getting the best rates at any Hyatt … Unfortunately, this resort will leave the World of Hyatt portfolio on Jan. 1, 2021, and will no longer be operated as a Hyatt affiliated hotel. If you redeem points primarily for economy awards, you may take a different approach, which is fair. But once you have a bunch of Hyatt points, you might be wondering how to redeem them. As long as you avoid poor redemptions like booking rental cars or meeting credits, you should be able to get a lot of value out of your Hyatt points. Reminder: OMAAT comments are changing soon. or meeting credits at Hyatt properties, but it’s not the best bang for your buck. Makes eating in (and breakfast) reasonably cheap. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). I am an international flight attendant with a major US carrier. I think that there should be a separate valuation for airlines or flights based on what kind of travel one wants to do. I hope you don’t mind sending me a tiny amendment concerning the valuation of the Hyatt points: These redemptions are especially valuable for international flights. Marriott to Starwood points is a great question Heather had. Stay tuned. Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. If anyone value miles that way, let me know, and I’ll gladly sell you some miles for 15 cents each (just kidding, since you can’t buy/sell miles). Our last flight was on June 30, 2014 from Philippines to New York. On the flip side I used 120000 American Express Rewards points to get $1200 off for flights TO India from DFW-DALLAS-FORT. Lucky, why do you here still have Hyatt Gold Passport, update it to World of Hyatt! https://onemileatatime.com/buy-hilton-points/. I’ve yet to test out the Capital One transfer partners, but will shortly thanks to my recent Capital One Venture. Resulting in a point value of approx. I will use the miles points. Slightly off-topic… talking Accor Hotels.. best part of value is 50% off their dining. This version was last seen in October/November of last year and it allows you to buy World of Hyatt points for only 1.85 cents (US) each. Just enter a location and category, and you’ll see all hotels in that category in your selected region. However, we recommend staying away from this option, as it will give you a low cent-per-point value. Meeting credits start at 15,000 World of Hyatt points for a $200 credit, or 1.3 cents-per-point in value. Through Ultimate Rewards Travel, I can redeem points for 1.5x. You’ve come to the right place. The World of Hyatt program doesn’t get enough love, even when it has some of the. Terms apply to the offers listed on this page. You can find which hotels are in a category by looking at Hyatt’s “. We value Hyatt points at, each, among the highest of hotel programs. Hyatt’s Globalist elite status is considered by many to be the best top-tier status around. Hyatt Points offer the most value out of any other major hotel rewards program (at least in the U.S.) and is hands down one of the best transfer partners to obtain exceptional value with very little effort. It is way far from 1.3 cents/miles as calculated by Ben or Tiffany. Many of the credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. The best way to use Flying Blue Miles is on 1 way ticket international flight, depends the journey. While we do try to list all the best miles and points deals, the site does not include all card companies or credit card offers available in the marketplace. Please consider adding Capital One Spark Miles as a currency. Just curious if this is up to date with recent changes in American Airlines points system? What is the most exclusive frequent flyer club/status in your opinion? so maybe it’s a good idea to update it every 3 or 6 months instead of 12 months, @ Jerry — Yep, my 2015 valuation will be coming out very shortly. Everyone values redemptions differently. Your email address will not be published. This site does not include all credit card companies or all available credit card offers. Editorial Note: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Thanks for all of the work you put into it either way! If I were valuing points based on a single redemption opportunity, I’d say the miles are worth 50%+ more than I’m valuing them. Second, it would help longtime readers know where to look and what is happening in the miles landscape with a one stop place. I have the Chase Sapphire Reserve card. Our hotels fit in the luxurious category. Hello, I wonder if you have any recommendation … would travel to Europe with my miles of advantage, I could leave from Miami or NYC, what would be the best time to redeem miles. What about transferring Marriott points to Ritz? The point valuation can look very difference between the two. How do I come up with my value of points? 4 Bonus Points per $1 spent with your card at Hyatt hotels, including participating restaurants and spas; PLUS, 5 Base Points per $1 you can earn as a World of Hyatt member; 2X POINTS for getting around. How would you calculate the value of those now? Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. to pay for the rental instead of using your valuable Hyatt points in this fashion. When will the updated version for 2016 come out ? Hyatt planned to introduce peak and off-peak pricing, award chart changes and more this year, but it’s been postponed until 2021 due to the coronavirus. You can also transfer Chase Ultimate Rewards points earned on cards like the Chase Sapphire Reserve and Chase Sapphire Preferred Card at a 1:1 ratio. Delta often publishes reasonable business class fares. So they have this extra value for flexibility. Finally, it would enable us to see more clearly what a certain change does to your mile evaluations so that we can see how the experts view things. I was recently in NY on a business trip and a colleague there told me that he books all his tickets through this broker who purchases airline tickets with miles and sells them for a fraction (of course making a handsome profit) I understand that this is against airline policy in general while only illegal in Utah if I am not mistaken. Please view our advertising policy page for additional details about our partners. big mahalos for posting this. The more upscale brands (like Park Hyatt and Andaz) along with hotels in more desirable cities are usually in higher categories. @ Andrew — Ultimately not really since I didn’t factor the second night free benefit into my valuation (since not everyone has access to US credit cards). I have a general comment about valuations, and let me lead by posting a real-world example: Let’s say I want to go from RDU to Seoul on AA. I have to fly very often with Lufthansa (iwithin Germany and Europe). There’s not any science to valuing a non-revenue based points programs. This is on a British Airways nonstop flight that costs approximately $1300 on BA.com. As frequent flyer programs devalue redemptions, the value you can get from your miles decreases. The above are my valuations, though I’m curious to hear what you guys think. Thanks! the reason i like yours is it seems very close to my overall experience, 0.9 – 1.5 cents per mile coach with a particular airline card. Cathay Pacific Asia Miles members can earn triple miles for stays in Asia-Pacific between November 1 – January 31, 2018. A while back Travis wrote an excellent series about how to go about valuing points: The idea is that points are worth somewhere between your acquisition cost and the redemption value you’re getting out of them. Their private 40% off sales are great and have several options (Raffles, Sofitel, Grand Mercure) which are conspicuous by their absence. Stay connected via social media, or subscribe to our free email newsletter for tips on upgrading your travel and maximizing your miles! Hyatt prices its award nights by hotel category, similar to other major hotel chains. Is that not a legitimate valuation for those miles used? So if I say a mileage currency is worth 1.6 cents, and someone else says they’re worth 1.9 cents, I can’t really prove them wrong, other than providing an explanation of where my valuation comes from. But it makes up for it by having an excellent loyalty program with low redemption rates. Flight Attendants In China Told To Wear Diapers, Alaska Mileage Plan Changes How Status Is Earned, Cathay Pacific’s A321neo Business Class Revealed, Thai Airways Selling Boeing 747, Airbus A380 Fleet, Best Airline Credit Cards for Miles & Points, Here’s my current valuation of all the major miles & points currencies, Value of Bank & Credit Card Points for January 2021. The following travel partners support different conversion ratios. So no recent changes on Asia Miles or Mileage Plan valuation, despite the fact that Asia Miles are now your preferred way to do short notice Cathay premium class redemptions over Mileage Plan? Would appreciate a comparitive analysis – particularly in Premium Economy & Business where it seems better. British Airways enables using Avios for a discount on a regular ticket. We may receive compensation when you click on links to those products. It’s easier to get Gold on Asiana or Thai as collection of less necessary miles in 2 years. Related: Your guide to maximizing Hyatt redemptions. I read your interesting article about your first class flight with Lufthansa (paid with Aeroplan miles). Please view our advertising policy page for more information. 1000 points equals 20 EUR. I value Delta a little higher because they are harder to get, as the only Delta cards are Amex, which isn’t as free with bonuses as Chase and Citi. You can also use the free-night certificate for international stays, like at the Park Hyatt Zanzibar in Tanzania. However, every so often I like to go through and comprehensively adjust my valuation of points, given how it’s constantly changing. Regarding transferable credit card points the majority of airlines are lower than the transferable point values. It would be immensely helpful for three main reasons. But I’m not opposed to using other airlines if transferring points will provide a better value. Alaska Mileage Plan 1.8 cents/mile Meeting credits start at 15,000 World of Hyatt points for a $200 credit, or 1.3 cents-per-point in value. TPG: 10 surprising ways Hyatt loyalists can earn more points. I’m frequent traveler as well with international travel once / week in Asia. Please view our advertising policy page for more information. Why my general valuation of miles has decreased, Best ways to use Alaska Airlines Mileage Plan miles, Best price for buying extra Alaska Airlines Mileage Plan miles, Best ways to use Korean Air SkyPass miles, Best ways to use Aegean Miles+Bonus miles, Best price for buying extra Aegean Miles+Bonus miles, Best ways to use Air Canada Aeroplan miles, Best ways to use American AAdvantage miles, Best price for buying extra American AAdvantage miles, Best price for buying extra Avianca Lifemiles miles, Best ways to use Singapore Airlines KrisFlyer miles, Best ways to use United MileagePlus miles, Best price for buying extra United MileagePlus miles, Best price for buying extra Flying Blue miles, Best price for buying extra True Blue miles, Best ways to use Cathay Pacific Asia Miles points, Best price for buying extra Etihad Guest miles, Best ways to use Lufthansa Miles & More miles, Best ways to use Virgin Atlantic Flying Club miles, Best ways to use Malaysia Airlines Enrich miles, Best price for buying extra World of Hyatt points, Best price for buying extra Marriott Bonvoy points, Best price for buying extra Wyndham Rewards points, Best price for buying extra Hilton Honors points, Best price for buying extra IHG Rewards Club points, Best price for buying extra Radisson Rewards points, Best ways to use American Express Membership Rewards points, Best ways to use Chase Ultimate Rewards points, Best ways to use Capital One Rewards points, Barclaycard Arrival World Mastercard Miles, Best ways to use Barclaycard Arrival points, Miles Aren’t Free: How To Value Your Redemptions, Miles Aren’t Free: How To Value What You Earn, Miles Aren’t Free: Establishing An Overall Value, unless you’re booking from Vietnam to North America, redeem Flying Club miles for travel in ANA first and business class, https://onemileatatime.com/buy-hilton-points/, Marriott Bonvoy Business™ American Express® Card, The Business Platinum Card® from American Express, Chase Sapphire Preferred Review With 60K Bonus (2021), Lufthansa’s Awesome Falkland Islands Charter Flight, Hilton Honors Amex Business Card Review (2021), IAG Slashes Air Europa Purchase Price In Half, Will Pay In Six Years. Once points are contributed, the transaction cannot be reversed. In other words, a roundtrip ticket in Cathay Pacific first class might cost $30,000 if paying in cash (unless you’re booking from Vietnam to North America, in which case it’s $800 ), when in reality I’d maybe be willing to pay $3,000 for it. Though I not made the full math if the payback comes for redeeming miles. If I buy and upgradeable econ fare at $1,322, use 50k miles and spend $700 to upgrade to Biz round trip, those 50k miles net me $2,260 in cash savings versus buying a business fare. Some of the best Category 1 hotels can be found in the Middle East and Asia. You can earn World of Hyatt points from hotel stays, promotions or credit cards. Only Base Points are doubled. Thanks! @ Sieto — I’d value them at maybe 1.2 cents each, give or take. However, this is a single redemption opportunity, so if that gets devalued and/or you don’t want to redeem for ANA first or business class, the value would be materially different. Save up for a specific award: While Hyatt has made man fans with its relatively cheap award chart (free nights start at just 5,000 points), maybe you have your eyes set higher on a top-tier Park Hyatt (30,000 points a night for hotels like the Park Hyatt Sydney and Park Hyatt New York). Thank you very much! SW I value a little more because award flights are extremely easy to book, and also because, for complicated reasons involving fees, they are worth almost 2c on short cheap flights, which is how I actually use them. Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. I’m new to this site. @ Thomas — See my post on that here: For example, 60,000 points are worth $750 toward travel. . For weeks afterward I kept getting emails telling me for $1750 +/-, I could purchase that premium status. Please check your email to confirm your subscription. I share your passion. You’ll earn 25,000 points after you spend $3,000 in the first three months from account opening and an additional 25,000 points after spending a total of $6,000 within the first six months. For more TPG news delivered each morning to your inbox, sign up for our daily newsletter! First of all, many and more thanks to you for your fantastic website / blog / resource. One challenge I have in valuing points is deciding whether to value them based on the absolute best redemption, or best on overall usability. A RED VENTURES COMPANY. Biz fare is $4,282. I just got a ticket from Hyderabad, India to London Heathrow on using 20k American Airlines miles plus $179. Any change in value of Club Carlson considering the recent credit card changes? Thanks. How would a credit card point be worth, say 1.7 cents while airline averages are 1.3 cents? The World of Hyatt Credit Card ($95 annual fee) offers up to 50,000 bonus points. ... per night from the standard room to the Club room including a breakfast and a coffee hour is a unique proposition of Hyatt’s programme. The calculations I am making on some tickets for Flyingblue miles (e.g within US or EU-US), my math shows around 0.5 USD cents per mile. This means that while a business class ticket may usually cost $10,000, we sometimes also see the tickets bookable for about $2,000. Intent to use in future Korean Airlines for my travel There are some exceptions, however. You also can redeem points for dining, spa or meeting credits at Hyatt properties, but it’s not the best bang for your buck. Related: Your ultimate guide to World of Hyatt. I am happy with the Airlines service. Redeeming Virgin Atlantic miles for ANA first class is a phenomenal value. © 2021 THE POINTS GUY, LLC. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). I suggest you add Accor Hotels to your reviews. Hyatt has brought back their 30% bonus on buying points. I had recently traveled to USA from India through Korean Air. We value Hyatt points at 1.7 cents each, among the highest of hotel programs. Hi Lucky, I am a hotel school student from Cornell focusing on research about dynamic redemption pricing. So may I ask if you are interested in this research and can I make an appointment with you to talk about it? Get from your miles decreases Pacific Asia miles members can earn World Hyatt! A donation to a variety of airline partners with approx on upgrading travel. Really useful to see that the latter property will resume accepting guests on Aug..... 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