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š Hyatt *sniffle* gets devalued
Don't worry, there's also a new transfer bonus to balance things out...
Estimated read time: 4 minutes and 27 seconds
āļø Get ready for a nationwide airport facelift with a substantial $970 million grant from the federal government, aimed at upgrading over 100 airports across the country. Read more about these upgrades here.
āEllo Guvnas and happy Friday from London, Englandā¦ this is the longest Iāve gone without changing time zones in years, so the jet lag is killing me right nowā¦
Thankfully, I have you to keep me company. And by ākeep me company,ā I mean read about some epic travel hacks:
š³ Top Cards Update: March 2024
It has been a crazy month. Well, to be honest, itās been a crazy life. But in terms of credit card welcome offers, itās been a crazy month.
Weāve told you about some of the insane offers that are floating around right now, like the [[ the-marriott-bonvoy-boundless-card.name ]] for you Marriott peeps, the [[ world-of-hyatt-credit-card.name ]] for you Hyatt peeps, and the [[ capital-one-venture-x-business.name ]] for youā¦ wellā¦ filthy rich peeps.
But there are even more epic offers that many of you might get excited about, so let me give you a quick update on whatās changed since last month.
The big fish right now is definitely the Companion Pass offer on THREE different cards, which, sadly, will be ending soonā¦ š So go get it now.
But one offer that flew under the radar is the [[ ihg-rewards-premier-credit-card.name ]], which currently has an offer pretty close to its all-time high.
You may remember last year when I raved about the card. One year later, itās still one of my favorites and remains a staple of my wallet.
In fact, I still havenāt even depleted my IHG point balance from when I signed up for the card last year, and Iāve spent quite a few nights at IHG hotels lately, like this one I just stayed at in Bali:
And if you have a business and enjoyed the offer for FIVE Marriott free night awards on the consumer card I referenced earlier, I have more good news:
The [[ marriott-bonvoy-business-american-express-card.name ]] has decided to match that offer and is now also offering five free night awards as the welcome offerā¦ which is insaneā¦
Theoretically, you could sign up for both, spend less than $200 in annual fees, and earn TEN free night awards worth up to 500,000 points in total. š¤Æ
Also, Marriott is on a roll.
Because two more of the hotelās cards (the [[ marriott-bonvoy-business-american-express-card.casual-card-name ]] and the [[ marriott-bonvoy-brilliant-american-express-card.name ]]) just increased their welcome offersā¦ and theyāre pretty good š
Anyway, please go check out our Top Cards Page and our Elevated Offers Page if you want to read more about these offers!
āļø 15% transfer bonus to LifeMiles
Yay, another transfer bonus!! This one isnāt too crazyā¦ but there are still ways to reap some amazing value from it.
Right now, you can transfer [[ the-platinum-card-from-american-express.points-program-override.points-currency ]] to Avianca LifeMiles with a 15% bonus.
Hereās why this is useful to youā¦
Avianca has AMAZING award pricing for its Star Alliance partners like United, Air Canada, Lufthansa, and more.
Even without the transfer bonus, the rates are generally lower than all of the aforementioned programs.
For example, if you want to fly from New York to Europe on United, it will only cost you 20,000 miles in economy when booking through Avianca LifeMiles.
With the transfer bonus, thatās only 17,000 [[ the-platinum-card-from-american-express.points-program-override.points-currency ]], which is a fantastic deal.
Booking the EXACT same flight through Unitedās own program would run you almost three times that.
Even on a good day, you wonāt find the flight for less than 30,000 or 40,000 United miles, which is still significantly higher.
So hereās the bottom line:
If you have a card that earns [[ the-platinum-card-from-american-express.points-program-override.points-currency ]], this transfer bonus is a great way to save a LOT of points on flights all over the world thanks to Aviancaās many partners.
š Hyatt (tragically) devalues a bunch of properties
Welp. Itās that time of year againā¦ the time when Hyatt announces which hotels are changing in category.
It could mean good news, it could mean bad news, it could meanā¦ well, never mind, itās always just bad newsā¦
Hereās what Iām talking aboutā¦
Hyatt prices their hotel rooms based on a chart. Each hotel belongs to a ācategory,ā which determines the points price.
Every year around this time, Hyatt updates these categories for a selection of their hotels.
If it goes up in category, it becomes more expensive. If it goes down, it gets cheaper.
This year, theyāre updating 186 properties, 137 of which are going up in category and will now cost you more points.
Hereās an excerpt from the update to show you which way Hyatt is trendingā¦
As you can see, only one property in this region went down a category, and it was the Hyatt Regency Cape Town, which Iāve stayed at before - and it was TERRIBLE.
Meanwhile, many āsweet spotsā in the award chart are disappearing. For example, most free night awards through Hyatt are good for Category 1-4 properties.
Since many of the properties in this yearās update are increasing from Category 4 to Category 5, these awards now become less valuable.
Last year, I dropped two free night awards at the Alila Fort Bishangarh in rural Rajasthan, India.
As a Category 4 property that runs $400 a night, it was one of the best ways Iāve ever redeemed free nights.
Now, this hotel will become Category 5, disappearing from the sweet spot.
Butā¦ it is one of the best hotels Iāve ever experienced, and Iām happy to see them getting what they deserve (some of the staff there are Daily Drop fans, soā¦ hey guys š).
So hereās what you can do now to mitigate these negative changes:
The category changes take effect on March 26, 2024. If you book a hotel before that date, the current pricing will still be in effect.
That means that even if you book a hotel for September, the old pricing will be in effect as long as you BOOK it by March 26.
So take a look at the full list of changes on Hyattās website, see if there are any hotels you were thinking of booking, and lock in the lower points pricing before itās too late.
Current Transfer Bonuses
60% bonus from [[ ink-business-preferred-credit-card.points-program-override.points-currency ]] to IHG (ends March 1st)
15% bonus from [[ the-platinum-card-from-american-express.points-program-override.points-currency ]] to Avianca LifeMiles (ends March 15th)
30% bonus from Thank You points to Virgin Atlantic (ends March 16th)
If youāve never checked out our Facebook group, lovingly called the Daily Drop Loungeā¦ then check out this win from one of our members! š
We share success stories, ask questions, and learn all about travel from other like-minded peeps.
Thatās all for this week, friendos! Iām looking forward to getting home to Toronto later tonight, where my apartment has been sitting vacant for two monthsā¦
But Iām curious to know - whatās the longest trip youāve ever taken? Let me know by replying to this email or reaching out on social media.
Have a happy, healthy, and devaluation-free weekend, and Iāll see you Monday. ā¤ļø