We may receive a commission when you use our links. Monkey Miles is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com and CardRatings. This relationship may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Monkey Miles is also a Senior Advisor to Bilt Rewards. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
This is a very cool opportunity to stay not just stay in a 5 star hotel at a great price, but stay at the hotel that started a brand. That’s right…Did you know that the Park Hyatt Chicago was the first Park Hyatt in the world?
Rates, even in the dead of winter, aren’t usually cheap, but currently the hotel is offering a “Winter Sale,” with rates starting at $199 a night on many nights during December. In fact, NYE is selling at just $265.
I had the opportunity to stay at this hotel 6 years ago when I first picked up a Hyatt credit card. Rates were through the ceiling and redeeming one of the two free nights I received ( after just a single purchase back then ) was incredible. In fact, it was the first time I ever took my girlfriend to Chicago – one of my favorite cities in the world.
You could also utilize Hyatt Prive, but you’d pay the standard rate.
Here’s December 17th.
Notice the standard rate of $265? Use one of the perks of Amex Platinum: Fine Hotels and Resorts and score uber perks.
For $66 more upfront you get all this:
- $100 property credit
- Room Upgrade
- Daily Breakfast for two
- Guaranteed 4pm late check out
- Noon Check in
Virtuoso is offering the same rate as well with the following bennies
- Upgrade on arrival, subject to availability
- Daily full breakfast for up to two in-room guests
- $100 USD Hotel credit to be utilized during stay (not combinable, not valid on room rate, excludes parking and dry cleaning, no cash value if not redeemed in full)
- Early check-in/late check-out, subject to availability
- Complimentary Wi-Fi
Amex/Virtuoso
The other cool thing with utilizing one of these rates is you could throw 6k at it and confirm a suite. Additionally, come 11/1 it’s rumored you’ll be able to throw 9k a night at Hyatt hotels and lock down a premium suite. Who knows…this could be a great rate to secure a great hotel in a cool suite and pray for good weather 😉
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.