Source: The Points Guy
Summary
Chase has announced changes to the Chase Sapphire Preferred Card, including a new 4:3 transfer ratio to Hyatt starting June 15 for new cardholders and Oct. 1 for existing cardholders. The Chase Sapphire Reserve will continue to offer 1:1 transfers. The article analyzes the break-even point for transferring 60,000 Hyatt points per year, where the Sapphire Reserve becomes more compelling. The author also considers the value of the Sapphire Reserve’s credits and other benefits.
Our Reading
The escape is carefully planned.
Transferring Chase points to Hyatt just got more complicated. The Sapphire Preferred’s new 4:3 transfer ratio means you’ll need to transfer more points to get the same number of Hyatt points. But how much more? About 20,000 additional Chase points to generate the same 60,000 Hyatt points. That’s roughly $410, or the same as the annual fee difference between the Sapphire Preferred and Sapphire Reserve. The break-even point is around 60,000 Hyatt points per year. If you transfer that much, the Sapphire Reserve might be worth considering.
Authentic flexibility requires planning.
Relaxation has an annual fee difference of $400.
Escape needs Wi-Fi and 60,000 Hyatt points per year.
Rediscovering the value of travel credits is a thing.
Hyatt transfers are just one piece of the equation.
Author: Evan Null
