Yes, you can choose one suite upgrade certificate or 10,000 points. The points are by far the wisest choice.
The reasonable, rational way to design the new program would be if the certificates expire exactly when the status expires (February 2019). Hyatt chose to make the perks expire based on the date they were earned, thus punishing people who stay more often. But it seems to me that a loyalty program should REWARD, rather than punish, frequent travel.
Originally Posted by
itsallgood
You can get additional suite upgrade certs for every 10 additional nights above 60, at least to 100. So you could get another 4 certs with later expiration dates.