Source: The Points Guy
Summary
The Chase Sapphire Preferred Card’s transfer ratio to Hyatt is changing from 1:1 to 4:3, affecting cardholders who frequently transfer Ultimate Rewards points to World of Hyatt. This change means cardholders will need one-third more Chase points to book the same Hyatt awards. The impact of this change is significant, with cardholders needing to spend more on their card to earn the same Hyatt stays.
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The escape is carefully planned.
Chase Sapphire Preferred Card holders can no longer transfer points to Hyatt at a 1:1 ratio. The new 4:3 transfer ratio means they’ll need one-third more Chase points to book the same Hyatt awards. This change affects cardholders who frequently transfer Ultimate Rewards points to World of Hyatt. The impact is significant, with cardholders needing to spend more on their card to earn the same Hyatt stays. The change is a devaluation for Sapphire Preferred Card holders.
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