# Chase Sapphire Preferred Transfer Ratio to World of Hyatt Reduced, Effective End of September

_Jun 11 15:07_

Tags: World of Hyatt, Chase Sapphire Preferred, Chase Sapphire Reserve, Chase, loyalty program, policy change, hotel, credit card, devaluation, program change

Chase is reducing the Sapphire Preferred's transfer ratio to World of Hyatt, effective at the end of September 2026, devaluing the card for Hyatt redemptions

## Summary

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

## Why it matters

Affects 3 airline programs (Air Canada, Alaska Airlines, JAL). Spans 5 hotel programs (Accor Live Limitless, Hilton Honors, IHG One Rewards...). Card-issuer angle via American Express, Bilt, Chase.

## Sources cited

- [Miles to Memories](https://milestomemories.com/should-you-get-a-chase-sapphire-reserve-card) — With The Sapphire Preferred Devaluation Do You Need A Sapphire Reserve Now? Let’s Dive Into The Numbers

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