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If you live in the US and have good credit, there’s no reason you shouldn’t have over 100,000 Ultimate Rewards points — 40,000 points from signing up for Chase Sapphire Preferred® Card, and 60,000 points from signing up for the Ink Plus® Business Credit Card, once you’ve completed the minimum spends on both cards.
Given the above, I figured I’d share what I consider to be (among) the five best uses of 100,000 Ultimate Rewards points, in no particular order.
1. Three nights in a suite at the Park Hyatt Sydney. Hyatt charges 33,000 points per night for a suite at a category six hotel, so if you transfer your points to Hyatt Gold Passport you can get three nights in a Cove Suite at the Park Hyatt Sydney for 99,000 points. Retail cost? ~$5,200
2. Virgin Atlantic Upper Class to Europe. I really, really like Virgin Atlantic. Especially their Clubhouse lounge in London. If you transfer 100,000 Ultimate Rewards points to Continental OnePass, you can book a roundtrip Upper Class ticket from the US to anywhere in Europe for only 100,000 Ultimate Rewards points. Retail cost? ~$5,000
3. Four nights at the Park Hyatt Paris with points to spare. The Park Hyatt Paris is a category six Hyatt Gold Passport hotel, so goes for 22,000 points per night. So you can transfer 88,000 Ultimate Rewards points to Gold Passport and spend four nights at the Park Hyatt for only 88,000 points, with 12,000 points to spare. Retail cost? ~$3,200
4. A one-way Airbus 380 first class ticket to Asia. Sick of your husband/wife/girlfriend/boyfriend/partner/significant other, and can’t bear the thought of spending one more holiday with them? Nothing says “buh-bye” quite like a one-way first class Airbus A380 ticket to Singapore via Europe. Best of all, it’ll only cost you 70,000 Ultimate Rewards points transferred to Continental OnePass, leaving you 30,000 Ultimate Rewards points to spend on flights around Asia. Retail cost? $15,830
5. Jet all around Asia in Cathay Pacific business class. Building off the last point, one of the few bright spots in British Airways’ recent award chart devaluation is that shorthaul awards are now inexpensive. When business class between Hong Kong and Bangkok, for example, only costs you 15,000 miles one-way, you can do plenty of jetting around Asia in business class for 100,000 Ultimate Rewards points. Retail cost? ~$3,500
Anyone else have any fun uses for 100,000 Ultimate Rewards points?