Two major changes hit Hyatt transfer ratios in fall 2026. Chase cut the transfer ratio from 1:1 to 4:3 for Sapphire Preferred and Ink Business Preferred cardholders on October 1, 2026. Bilt announced that its Hyatt transfers will drop from 1:1 to 4:3 starting January 1, 2027. Here's the complete breakdown by card.
Current Hyatt Transfer Ratios (as of October 16, 2026)
| Credit Card | Points Currency | Transfer Ratio | Effective Date |
|---|---|---|---|
| Chase Sapphire Reserve | Chase Ultimate Rewards | 1:1 | Unchanged |
| Chase Sapphire Preferred | Chase Ultimate Rewards | 4:3 | Oct 1, 2026 |
| Chase Ink Business Preferred | Chase Ultimate Rewards | 4:3 | Oct 1, 2026 |
| Bilt Mastercard (all tiers) | Bilt Rewards | 1:1 Through Dec 31, 2026 | Current |
| Bilt Mastercard (all tiers) | Bilt Rewards | 4:3 | Jan 1, 2027 |
| World of Hyatt Credit Card | World of Hyatt | N/A (earns Hyatt directly) | — |
What the 4:3 Ratio Means in Practice
A 4:3 transfer ratio means you need to transfer 40,000 points to receive 30,000 Hyatt points. That's 33% more points required for the same award compared to the old 1:1 ratio.
| Hyatt Award Cost | Points Needed (1:1) | Points Needed (4:3) | Difference |
|---|---|---|---|
| 15,000 Hyatt pts (Cat 1-3) | 15,000 | 20,000 | +5,000 |
| 25,000 Hyatt pts (Cat 5-6) | 25,000 | 33,334 | +8,334 |
| 40,000 Hyatt pts (Cat 7-8) | 40,000 | 53,334 | +13,334 |
| 60,000 Hyatt pts (peak/premium) | 60,000 | 80,000 | +20,000 |
Which Card Should You Use to Transfer to Hyatt?
Best: Chase Sapphire Reserve (1:1)
The $550 annual fee is steep, but if you frequently transfer to Hyatt, the 1:1 ratio saves significant points. A single 60,000-point transfer saves you 20,000 Chase UR compared to the Sapphire Preferred's 4:3 ratio.
Good Through 2026: Bilt Mastercard (1:1 until Dec 31)
If you have Bilt points and plan to book Hyatt stays before early 2027, transfer before January 1, 2027 to get the 1:1 ratio. After that, Bilt matches the 4:3 ratio.
Acceptable: Sapphire Preferred or Bilt (4:3 starting 2027)
Still viable for Hyatt transfers, just less efficient. Factor the 33% premium into your redemption calculations.
Should You Transfer Now or Wait?
Only transfer if you have a specific, bookable award in mind. Hyatt's award chart can change, and transferring speculatively locks your points into a single program.
That said, if you:
- Have Bilt points and confirmed Hyatt availability for a trip in Q1-Q2 2027, transfer before December 31, 2026
- Hold a Sapphire Preferred and are considering upgrading to the Reserve, do the fee-breakeven math first
- Are planning multiple Hyatt stays in 2027 and hold the Reserve, the 1:1 ratio remains the best deal
🧮 Related Tools
See what your Chase UR or Bilt points are worth when transferred to Hyatt
Calculate whether to transfer Bilt points to Hyatt now or wait
Full breakdown of the CSP with the 4:3 Hyatt ratio
Quick answer page for the 1:1 question