Originally Posted by
OsakaWino
where did I say that I have dozens of Hyatt stays a year. nor did anyone else you quoted. but of course that is irrelevant; it is simple economics, with the emphasis on simple. a cert with a max value of 15,000 pts but with a limited expiry, restricted availability, no control over exchange timing, and no sanctioned combinability with other instruments is simply not intrinsically worth 15,000 pts. To me, if I were given such a cert, at most times of the year I would consider it worthless.
Not sure what they teach in US schools, but it does not seem to be much emphasis on the 3 Rs.
Exactly zero people here have said they’d pay 15,000 points for a Cat 1-4 cert. The debate is over the discount rate, which certainly isn’t ~70 percent.
Beyond that, if you’re making Globalist but not on dozens of stays, then you’re not losing that many welcome-amenity points vis-a-vis the replacement bonus(es). Indeed, you’re probably coming out ahead.