I have a Chase Slate card, and I'm thinking of upgrading to a Sapphire or Sapphire Preferred. I die a little every time I give Chase more money, but this card is the oldest credit account I have—it went through five other banks before Chase assimilated it—so I'd like to keep it open. I'd prefer one of Chase's hotel partner cards, namely the Priority Club Rewards Visa, but upgrading to those is not allowed. I have no use for this card in its current incarnation except its benefit to my credit. I was wondering what experiences MP members have had using Ultimate Rewards for hotel redemptions or bookings. Are there options other than the Chase hotel card partners? Is using points for hotel bookings a better value than the 1:1 point transfer to affiliated hotel programs?