# Chase devalues Hyatt transfers 25% for Preferred cards on October 1

_Sep 25 15:38_

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

Type: Program change

## Summary

Sapphire Preferred and Ink Business Preferred will transfer Ultimate Rewards to World of Hyatt at 4:3 from October 1, 2026, a 25% cut from 1:1.

Sapphire Reserve and Sapphire Reserve Business keep 1:1. Sapphire Preferred members who applied before June 15, 2026 still transfer at 1:1 until October 1, 2026. Sapphire Preferred applicants from June 15, 2026 onward already transfer at 4:3. Ink Business Preferred switches to 4:3 on October 1, 2026 for current holders and new applicants from that date.

Transfer Ultimate Rewards to World of Hyatt before October 1, 2026 to keep the 1:1 rate unless the card is Sapphire Reserve or Sapphire Reserve Business.

## Key facts

- **Starts**: Oct 1, 2026
- **Numbers**:
  - 25%: devaluation of Ultimate Rewards to World of Hyatt transfers
  - 1:1 ratio: transfer ratio kept for Sapphire Reserve cards
  - 4:3 ratio: new Ultimate Rewards to World of Hyatt transfer ratio
  - 5 days: time left at publication to transfer at the old ratio
- **Who qualifies**: Sapphire Preferred and Ink Business Preferred cardmembers; Sapphire Reserve and Sapphire Reserve Business are excepted.
- **Links**:
  - Program page: [World of Hyatt loyalty program](https://www.hyatt.com/loyalty/en-US)
- **Takeaway**: If you do not have a Sapphire Reserve card, transfer Ultimate Rewards to World of Hyatt before October 1, 2026 to keep the 1:1 rate.

## Sources cited

- [LoyaltyLobby](https://loyaltylobby.com/2026/09/25/last-call-chase-ultimate-rewards-to-world-of-hyatt-transfer-devaluation-on-october-1-2026?omhide=true) — LAST CALL: Chase Ultimate Rewards To World Of Hyatt Transfer Devaluation On October 1, 2026

## Related signals

- [Chase cuts Preferred and Ink Hyatt transfers to 4:3 on Oct. 1, 2026](https://thetravelsignal.com/s/last-call-for-1-1-hyatt-transfers-for-select-chase-cardholders-should-you-conver.md)
- [Targeted: $250 Chase credit for $1,000 Alila or Miraval stays](https://thetravelsignal.com/s/chase-offer-for-sapphire-reserve-cardholders-get-up-to-25-back-at-alila-and-mira.md)
- [Chase cuts Hyatt transfers from 1:1 to 4:3 on Oct. 1, 2026](https://thetravelsignal.com/s/should-you-transfer-chase-points-to-hyatt-before-oct-1-heres-how-im-deciding-wha.md)
- [Chase Sapphire Reserve 10th anniversary credits through Dec 31, 2026](https://thetravelsignal.com/s/chase-sapphire-reserve-10th-anniversary-adds-travel-credits-and-larger-doordash.md)
- [Hyatt adds online point transfers, extending expiration by 24 months](https://thetravelsignal.com/s/hyatt-finally-lets-members-transfer-points-online-heres-how-it-works.md)

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