Chase is reducing Sapphire Preferred's Hyatt transfer ratio from 1:1 to 4:3 starting mid-June while maintaining Sapphire Reserve at 1:1, creating a clear break-even point around 60,000 Hyatt points annually. Frequent Hyatt transfer users will find the Reserve's $795 annual fee justified by the maintained 1:1 ratio, especially with the card's highest-ever 150,000-point welcome bonus offer expiring June 15.
Read the full article at The Points Guy
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