mymousecapades

TPG currently values Chase UR points at 2.1 cpp. Does that mean if you calculate the redemption value of your points, it should be above 2.1 to be worth redeeming?

Here's an example.

If I transfer 50,000 UR points to Hyatt to redeem at Andaz 5th Ave for 2 nights, the points value is 1.9 cpp. Since TPG currently values these points at 2.1 cpp, does that make this a poor redemption? Or is anything above the standard 1-1.25 cpp that Chase offers a good redemption?

I have the option of redeeming 60,000 at Park Hyatt New York for a value of 3.4 cpp, which is a better value, strictly $peaking... but I heard Andaz 5th Ave is better.

Anyway... what's the consensus? Redeeming for less than the current valuation is or is not a poor choice?

Thanks in advance!