True that.
So I guess an exception is if you already have plans and you know where you'll use it, otherwise I would rather take points anytime.
+1 I have been researching HH over the past few days and have come to the conclusion that assuming you're mainly going for the signup bonus, the Reserve is basically the same thing as the Hyatt card and should not be gotten unless you have a specific trip in mind within the next year (or if you want to sell nights). The regular card and the Amex cards are more versatile since the bonuses are points but because most good Hiltons require
so many points, you might not even get 1 night's worth of points from a signup bonus. I think I'm pretty set on not applying for this for the time being.