Understood, but does Amex Travel offer refundable rates at all or most hotels, or only when booking an FHR rate at an FHR property?

Well just say nonrefundable instead of prepaid then.
Originally Posted by
s777bg
How do you come up with 4,5% UR?
Assume OP is combining the 3 URs/$ with baseline 1.5cpp via the Chase travel portal.