For those of you taking advantage of the 110,000 mile Capital One Venture Rewards card sign-up bonus, here’s a potentially great use of your 110,000 or so Capital One points. Typically you’re only earning what equates to one percent cash back which can be applied towards travel, though there’s also an option to apply 51,250 points towards a $900 Hyatt check certificate. There’s speculation in this FlyerTalk thread as to what exactly the terms of the certificate are, and most are hoping they’re very similar to the ones that Costco sold a while back for 20% off. Either way, this is potentially nearly double the value you would get out of using the points otherwise.
(Tip of the hat to Peter)