Details
Written by: RJ
Chase and Hyatt have reduced the transfer ratio of Ultimate Reward points to Hyatt points specific to the Sapphire Preferred and Ink Preferred:
Sapphire Preferred and Ink Business Preferred cardmembers’ Ultimate Rewards points will transfer to World of Hyatt at a rate of 4:3. For Sapphire Preferred cardmembers, this is effective immediately for new cardmembers who apply on or after June 15, 2026, and effective October 1, 2026, for cardmembers who applied prior to June 15, 2026. For Ink Business Preferred cardmembers, this is effective October 1, 2026, for existing cardmembers and for new cardmembers who apply on or after October 1, 2026.
Thoughts
Confusing day for the Sapphire Preferred. It got a much needed buff with 3x gas being added. Then, in the same post the most famous/popular transfer partner gets a nerf. Most likely to help buff the big brother Sapphire Reserve and support the recent Hyatt devaluation.
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Editorial Note:
Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities.