Is there ever good value in booking hotels through Chase Ultimate Rewards? It seems that they will give you $.0125 for each UR point, when you use your points to book travel directly through UR. But are the prices generally comparable with the prices that you'll get booking a hotel (or car or flight) elsewhere? Do you end up paying for tax as well with your points, or does Chase not charge you for tax?
If UR points are generally valued at 1.4-1.6 cents each, is there ever good value in booking travel directly through UR?
thx