I'm finally getting around to booking my Spring Break hotels for Oslo next month and am faced with a predicament: I had intended to do some hotel hopping and take advantage of the last award night free benefit with the CC but, in looking at the room rates, it seems that I'm able to generally get pretty good deals just buying the room outright. A few examples: Oslo: $90/night or 50k points - Radisson Blu Scandinavia $85+10K points/night - Park Inn (I'd earn ~10k points back on a 3 night stay so net out of pocket is $250+20k) Bergen: $125/night or 44k points - Radisson Blu Norge I don't think I'm going to do all that much better on the cash rates (and they're refundable) so I'm locking those in. And, while it seems a shame to skip the last night free benefit of the card, I'm not so sure I'd be getting decent value from it. I've got the points to use if I want to thanks to the CC sign-up bonus but this seems like a waste of them. Am I crazy to pay cash on these bookings?