Originally Posted by travelexpert

So here is what I have done:

1. Just called to cancel an upcoming 32 night residential stay that was timed to coincide with the Megabonus (which should now be renamed the Minibonus since that is what it is worth). I'm rather heading over to Hyatt Place. Will get a Hyatt Diamond match for my (lifetime) Platinum status--and I'm off to a whole new world of being appreciated for my $$$$ spend (plus free breakfasts at every property--including weekends, resorts, and any other exclusions MR randomly comes up with).

2. Canceled my Marriott Rewards Visa card since the level 5 reward night each year is now virtually useless. If I want crappy accommodations--I can always sleep in my yard. No need to pay a hefty annual fee for a useless annual "reward".