Can You Pay For A Hotel In Cash

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When to use points and when to pay cash for hotels? It’s a common question when you’re an award traveler and travel hacker.

Can You Pay For A Hotel In Cash

Can You Pay For A Hotel In Cash

Hi Debra, have you ever stayed at Hyatt Regency Phuket Resort? The Hyatt in Phuket is only $90 per night or 12,000 points, and I’m not sure if it’s worth it or better to pay only $90.

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I stayed at the Hyatt Regency Phuket Resort for three nights in March as I traveled through Vietnam, Indonesia, Thailand, and Malaysia.

Some people prefer to specify arbitrary point values. For example, a Chase Ultimate Rewards point costs 1.5 cents.

And that value is not a default number. Which one can change depending on how much it costs to use a point.

Whether you have a pool of points or want to earn a certain amount of points for travel, you need to know how much you paid for each point.

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Calculate how much it would cost you to use those points versus how much it would cost you to pay cash.

You can even go so far as to calculate how much it cost you to earn those points.

Everyone loves the Park Hyatt Maldives. Who wouldn’t? The hotel is located on a private island with white sandy beaches. It’s simply heaven.

Can You Pay For A Hotel In Cash

Depending on the length of your stay, you could pay upwards of $1,000 per night. Yes, $1000 per night for a standard room.

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If you don’t already have Hyatt points from the World of Hyatt credit card or transferred from a card such as the Chase Sapphire Reserve® Card, Chase Sapphire Preferred® Card or Ink Business Preferred® Credit Card, you can buy Hyatt points 2.4 cents each.

Pro tip: Check if the hotel offers a points + cash ratio. You can save both points and cash.

Even if you’re not staying in fancy hotels, hotel stays can be expensive during the holidays, summer or spring break in cities like New York and Los Angeles.

Spending New Year’s Eve at the Hilton Times Square costs $1,719 per night. But it’s only 80,000 points.

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If you have a large family or are traveling with grown children and need more rooms, it may be cheaper to use hotel points than to pay cash.

You can save a lot of money when hotel programs have sales, offer discounts when you redeem points, and offer select hotels at discount point prices.

If you’ve already done the math and found that you’ll save money paying with points versus cash, you’ll save a lot more money when you can buy points at a discount.

Can You Pay For A Hotel In Cash

Currently, IHG offers an 80% points bonus. So instead of paying 1.15 to 1.35 cents per point, you’ll be paying 0.56 to 0.64 cents per point!

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Not only can you save money, but you can also get extra nights for less. Think of it as your own version of the free Fifth Night program.

When you’ve stayed at the same hotel for several nights, it may make more sense to pay with points instead of cash.

This means your week-long vacation just got cheaper. Whether you are staying in an expensive hotel, a moderately priced hotel or a budget hotel.

Pro tip: Short on points? Book the first four nights with points, get the fifth night free, and pay cash for the last two nights.

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Being able to use points to stay at well-known hotel chains in some countries means you don’t have to give up on your travel dreams.

You can travel to places you might be hesitant to travel to because they are not considered as safe as other cities.

Using points allows you to stay in central locations that are close to the places you want to see or the things you want to do.

Can You Pay For A Hotel In Cash

Expert Tip: You don’t pay taxes or resort fees when you stay at a certain facility. Money is not collected after you stay. So your wallet stays safe in your purse and no one knows how much cash you have.

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The best time to use points over cash is when you are rich and cash poor.

Saving points for a specific trip is a good plan. But hotel programs often change their reward rankings.

The points you saved up for your dream trip may not be worth as many free hotel nights as you thought.

Using my calculation of the cost of points explained at the beginning of the post, it would cost Jose $288 per night to buy 12,000 Hyatt points for 2.4 cents for his stay.

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Earn 5X more points when you pay with your Ink Business Preferred® Credit Card. To get 12,000 points, you’ll need to spend $2,400. That’s a lot more than $90 a night!

Because even if you only have to spend 5,000 points to get one free night, you’ll spend $120 to earn 5,000 points.

When you pay cash for your room, you’ll earn more points that you can use for future stays.

Can You Pay For A Hotel In Cash

Pro Tip: Although hotels only allow you to earn Elite Night Bonuses for one room stay, you can earn points for up to 3 paid rooms per night.

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If you have perks like the free fourth night with the Citi Prestige card, you should consider paying cash.

When you pay for three nights at the same hotel with the Citi Prestige Card, the fourth night is free.

Just because you got a free night, paying for other nights may cost you more than if you used the points.

Not all hotels offer this price, and sometimes it only occasionally. But when you do find one, sometimes it’s a good deal.

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The Points + Cash Rate saves you both points and cash because you pay half the price of points and a fixed cash rate for your hotel.

Compare the cost of points + cash rates to see if you’re really saving money or overpaying.

This can happen when prices are low, for example in the off season. or when the combined cost of using points and cash exceeds room payment.

Can You Pay For A Hotel In Cash

I recently stayed at the Hyatt House across the street from Universal Orlando Resort. Cash for my stay was $247 per night. Or I could pay 8000 marks. I chose numbers.

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Their cash rate is currently $137 per night and they are offering points + 4,000 points + $55 cash per night.

Since buying 4,000 Hyatt points costs $96 plus $55 in cash back, your total cost is $151.

Even better if you can charge for the room and the company can reimburse you. You’ll earn points for your stay as well as bonus points for using your hotel credit card.

Pro tip: You can deduct cash travel expenses on your taxes, but you can’t take a deduction using your points.

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When you book hotels with programs like Hyatt Prive, Amex Fine Hotels & Resorts and Visa Signature Hotels, you get exclusive benefits like resort credits.

Receive a $100 resort credit when you book through Amex Fine Hotels & Resorts at Delano Las Vegas. On select dates, cash rates are only $90 per night.

Pro tip: When you book a Hyatt Prive rate, you get an elite stay and credit for all Hyatt’s World benefits.

Can You Pay For A Hotel In Cash

If you don’t have enough points or if you’re saving up points for more expensive travel, it’s fine to pay cash.

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Figuring out when to pay with points and when to pay with cash requires some simple math. You need to calculate how much it costs to use points and pay in cash.

Because there’s a cost associated with using points, even if you have points from cards like the Chase Sapphire Preferred, Chase Sapphire Reserve, and Inc. Preferred, plus big sign-up bonuses.

Once you know how much it costs to redeem points compared to paying with cash, you can decide whether it’s cheaper to use points.

While it may seem like it would be cheaper to use points you’ve already earned, it may not be. Because sometimes you can buy hotel points like Hyatt and Hilton for cheap.

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Of course, you already have the sunk costs of earning those points and miles. So you can count it as money already spent.

But if you plan to travel a lot, in some situations it’s cheaper to pay cash now and save points for another trip.

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Can You Pay For A Hotel In Cash

The Chase Sapphire Preferred card is the best card for the avid traveler. This is the first card you should get to start traveling for free as the welcome offer is 60,000 points after spending $4,000 in the first three months.

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My favorite benefits of this card are earning 5X points on travel when booked through the Chase portal (2X if purchased directly), 3X points on restaurants, $50 annual credit on hotels booked through the Chase portal , No

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