What happened
Chase announced a change to the Chase Sapphire Preferred card, specifically a reduction in the transfer ratio to World of Hyatt. This change is effective at the end of September 2026. While the card received other positive updates, this Hyatt devaluation is the primary driver for evaluating whether cardholders should upgrade to the Chase Sapphire Reserve to maintain a 1-to-1 transfer rate. The article advises stockpiling points until the deadline to mitigate the impact