If I book a hotel (Hyatt) using 1.5c/point with Sapphire Reserve, will I still get status benefits, or does it need to be booked on Hyatt?
For a stay I am looking at, it seems that I could use 15k Hyatt or about 13k Chase points. If it will cost me my chance at an upgrade/late checkout, then it might not be worth it to book through Chase (I might just pay cash in that case). Status is low tier (discoverist), so not earth-shattering either way.