One of the often overlooked benefits of hotels’ co-branded credit cards are the free night certificates that many come with. In exchange for an often nominal annual fee, you're able to redeem these for a significantly subsidized (read: not truly free!) redemption if you're able strategize these well.

With many hotel programs extending the expiration dates on these free night certificates, many of us find ourselves with a number of certificates and looming expiration dates.

The Chase Sapphire Preferred® Card gets a lot of love in the world of points and miles, as it should: it’s the best card for beginners to get 99.95% of the time.

With its valuable sign-up bonus, combined with a very reasonable annual fee of $95, whether you’re new to the game or a seasoned professional who’s had it before and want to get it again, the Sapphire Preferred continues to be a terrific card for practically every cardholder.

So hat can you do with all of these points?

Well, the options are literally endless.