Originally Posted by
puregravy
Hmmmm.... I guess you mean 40k spend on another cards gets you 40k points/miles etc vs 10 nights x $150-$200 Hyatt place?
No. I meant that if you want 10 qualifying nights, you can stay at a Hyatt 10 nights for far less than $40k. And since there's no other reason to spend on this card if you have a Sapphire Preferred (other than when you stay at a Hyatt), that negates the qualifying nights bonus.