Chase to Hyatt is 4:3 on some cards now. Here's who it hits.
Since October 1, 2026, points on the Sapphire Preferred and Ink Business Preferred transfer to World of Hyatt at 4:3, so 1,000 Chase points become 750 Hyatt points. The Sapphire Reserve and Sapphire Reserve for Business still transfer at 1:1.
Updated October 6, 2026. Not financial advice. We never move points or touch your accounts. Log in to Chase Ultimate Rewards to see the exact ratio your account shows.
What you'd get
Which Chase cards get which ratio
| Card | Hyatt ratio | 40,000 Chase points become |
|---|---|---|
| Sapphire Reserve | 1:1 | 40,000 |
| Sapphire Reserve for Business | 1:1 | 40,000 |
| Sapphire Preferred | 4:3 | 30,000 (since Oct 1, 2026; from day one for cards opened on or after June 15, 2026) |
| Ink Business Preferred | 4:3 | 30,000 (since Oct 1, 2026) |
| Legacy Ink Plus / Corporate Flex | 4:3 (reported) | 30,000 (per TPG and The Points Party reporting of Chase's announcement) |
| Freedom, Ink Cash, Ink Unlimited | No direct transfer | Move the points to one of the cards above first |
Ways to still get 1:1
- You hold a Sapphire Reserve (or Reserve for Business). Chase lets you move Ultimate Rewards points between your own cards for free. Move the Preferred or Ink points into the Reserve account first, then transfer to Hyatt from there at 1:1.
- Bilt Rewards. Bilt still transfers to Hyatt at 1:1 through December 31, 2026. Bilt has announced 4:3 from January 1, 2027. See Bilt → Hyatt.
Don't have either? 4:3 can still be a fine deal for the right stay. Just compare it with Chase's other partners before you move anything.
Is Hyatt at 4:3 still worth it?
At 4:3, a Chase point sent to Hyatt works out to about 1.24¢ at The Points Guy's published 1.65¢ Hyatt value. At 1:1 it's 1.65¢. For comparison, Chase's best-valued other partner by the same rules is Virgin Atlantic Flying Club at about 1.50¢ per Chase point (1:1). Published averages aren't promises: a pricey Hyatt night booked with points can be worth far more, a cheap one far less. Price your actual stay.
Ask the app to rank every Chase partner for your card and balance, with live transfer bonuses included.
Before you transfer
- Find the room first. Confirm a standard-room award for your dates on Hyatt's site and note the exact points needed.
- Transfers are one-way. Hyatt points can't go back to Chase.
- Hyatt points expire after 24 months with no qualifying activity. Chase points don't expire while your account is open, so leaving them in Chase keeps your options open.
- Don't move points just in case. If you don't have a stay in mind, wait. You can still transfer later.
More: Chase → Hyatt details · Which points to spend first · Points vs cash
Sources
- Chase: Sapphire Preferred and Chase: Ink Business Preferred card pages (Hyatt at 4:3; log in to Ultimate Rewards to see your rates).
- The Points Guy: Chase-to-Hyatt transfer change (who's affected, combining into a Reserve, Hyatt points expire after 24 months of inactivity).
- The Points Party: Chase Hyatt transfers drop to 4:3 (Chase's 1,000 → 750 example, June 15, 2026 cutoff, Ink Plus / Corporate Flex).
- Bilt → Hyatt 4:3 from January 1, 2027: Doctor of Credit, The Points Guy.
- Hyatt value: The Points Guy (2026-10-01), range 1.40–1.80¢ across The Points Guy, Upgraded Points and NerdWallet.