Does it make sense to do a sticky on the first page to list out Affordable hotels worldwide, let’s say 250 a night and below?

If I know my dates for vacation, does it make sense to book 2 nights now since my current credit expires on December 31 and after that in the new year I booked two more consecutive nights with the new credit. I just have to make sure my flights are fairly well priced on those days to Portugal but worst case I can always cancel both reservations.

It is most certainly so. My charges for Edit bookings that got the credit clearly shows points earned for the amount above $250.

I agree that the wording is confusing (to say the least) and has had many believing that the entire booking is thus disqualilfied from earning points. You are still only making one purchase, it's just that as SP03 has noted, the $250 portion that gets credited won't earn any points. Anything above that will earn points as usual which is at an 8x multiplier.

Good to hear, and that's totally fair. I don't feel any entitlement to points for money I didn't spend.

But you do get full points for restaurants and StubHub purchases that earn credits.

which tells you who is paying for the credits

We are all paying for them in one way or another.

Many if not most of us here game these card benefits and sign-up bonuses to a crazy degree. We’re effectively charging the banks a hefty annual fee for our business.

Though we're all paying more because of the interchange fees that increase the price of pretty much everything. Don't fool yourself into thinking that the banks are losing anything on anyone.

The cc banks would get out of the business quickly if we FlyerTalkers were representative of their customers.

Seq of events
Day 1: Cancelled 1st EDIT stay
Day 2: Rebooked 2nd EDIT stay
Day 3: Received 1st EDIT stay refund
Day 4: 1st EDIT stay $250 credit was clawback
Day 5: 2nd EDIT stay charge posted
Day 6: 2nd EDIT stay $250 credit posted

Good data.

Did you happen to check whether the meter reset before rebook?

It was not reset when I rebook.

I really wish Chase would just stop screwing around with this, stop charging for the resort fee for some properties, and display it as "to be paid at the hotel". FHR is good about this - they're very clear when a fee needs to be paid at the hotel, and there's not any question about it.

It's even worse if you're, say, a Hyatt Globalist, where you don't have to pay resort fees on eligible rates. But if you pay it to Chase, you're certainly never going to get it back.