While you cannot usually hit a button to send hotel points directly to your bank account as "cash," there are several ways to extract cash value from them. The most common method is redeeming points for gift cards (such as Amazon, Starbucks, or Visa/Mastercard prepaid cards) through the loyalty program’s online mall, though this often results in a lower "cent-per-point" value than travel redemptions. Some programs, like Marriott Bonvoy or Hilton Honors, allow you to use points to cover "incidental" charges on your folio, which essentially acts like cash for your dining or spa bills. Another option is using points-to-miles transfers to a partner airline and then using a service like Points.com to trade them, though fees are high. Finally, many credit card holders with co-branded hotel cards (like Chase or Amex) can sometimes "erase" travel purchases from their statement using points, which is the closest equivalent to a direct cash-back conversion in the loyalty world.