One of the best ways to redeem Ultimate Rewards points is via high-value Chase transfer partners. But Chase recently announced it was reducing the Chase-to-Hyatt transfer ratio for select cardholders. Unfortunately, the Chase Sapphire Preferred® Card (see rates and fees) is among the affected cards.
As a Sapphire Preferred Card holder, I'm bummed about the reduced Hyatt transfer ratio and wanted to quantify the impact of this change.
Here's what you should know about the reduced transfer ratio and how it will affect the amount you need to spend on your card to earn the same Hyatt stays.
A great solo travel tip spotted this week on The Points Guy Articles.
