What happened
- Chase Sapphire Preferred
- Ink Business Preferred Effective Dates:
- Sapphire Preferred: Effective immediately for new cardmembers who apply on or after June 15, 2026. For existing cardmembers who applied prior to June 15, 2026, the change takes effect on October 1, 2026.
- Ink Business Preferred: Effective October 1, 2026, for both existing and new cardmembers. This devaluation makes transferring UR points to Hyatt less attractive compared to the previous parity, impacting the value proposition for cardholders who rely on this transfer path for hotel stays
Chase is devaluing the transfer of Ultimate Rewards points to World of Hyatt for two specific card products. The standard 1:1 conversion ratio will change to 4:3 (meaning you get 0.75 Hyatt points for every 1 UR point). Affected Cards: