Source: The Points Guy
Summary
Chase is changing the point transfer ratio from 1:1 to 4:3 for Hyatt points on October 1. Cardholders with the Chase Sapphire Preferred® and Ink Business Preferred® cards are affected. The change impacts those who opened these cards before June 15. Experts suggest transferring points before the deadline if planning to use Hyatt rewards. Points expire after 24 months without activity. Some cardholders, like those with the Chase Sapphire Reserve®, will retain the 1:1 ratio. The decision to transfer depends on future plans and usage frequency.
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The escape is carefully planned.
Chase cardholders face a deadline to transfer points before ratios shift. Hyatt rewards require planning. Points expire if unused. Some cards keep 1:1 ratios. Others must act before October 1. The decision hinges on future travel.
A hidden gem is the Chase Sapphire Reserve. A scheduled transfer is needed. The escape needs a Wi-Fi connection. The break is pre-approved. The destination is pre-chosen.
The trip is planned in advance, not discovered on the spot.
Author: Evan Null
Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card is one of the credit cards affected by the point transfer ratio change. Cardholders who opened the card before June 15 are impacted. The card offers a 1:1 transfer ratio to Hyatt, which will change to 4:3 on October 1. This card is popular among travelers looking to redeem points for hotel stays.
Ink Business Preferred® Credit Card
The Ink Business Preferred® Credit Card is another card affected by the change. It allows cardholders to transfer points to Hyatt, but the ratio will shift from 1:1 to 4:3. This card is often used by business travelers who frequently redeem points for hotel stays. The change may affect their ability to get the same value from their points.
Chase Sapphire Reserve®
The Chase Sapphire Reserve® retains the 1:1 transfer ratio to Hyatt. This card is ideal for those who plan to use Hyatt points frequently. It offers more flexibility for travelers who want to keep their points with Chase longer. The card also provides access to exclusive benefits and travel perks.
Hyatt Points Expiration
Hyatt points expire after 24 months without qualifying activity. This means cardholders must use their points within that timeframe or risk losing them. The change in transfer ratio adds urgency to transferring points before the deadline. It also highlights the importance of planning ahead for future travel.
Chase Ultimate Rewards
Chase Ultimate Rewards points are more flexible than Hyatt points. They can be used through the Chase Travel℠ portal or transferred to other partners. This flexibility makes them valuable for travelers who are unsure about their future plans. However, transferring to Hyatt may lock in points for a specific program, which could be a disadvantage if travel plans change.
