Chase Sapphire Preferred adds new perks and bonus categories, cuts Hyatt transfer ratio
News Source : The Points Guy
News Summary
- Chase is changing the transfer ratio to the World of Hyatt program from 1:1 to 4:3.
- Current Sapphire Preferred cardholders won't experience this change until Oct.
- The Sapphire Preferred's 10% anniversary points bonus, which awarded cardholders a 10% points bonus on their spending each year, will be sunsetted.
- New and existing cardholders will earn 3 points per dollar on purchases at: These are practical everyday spending categories that will likely matter to many cardholders.
After weeks of rumors, its official. Changes are coming to the Chase Sapphire Preferred Card (see rates and fees) including a negative one pertaining to Hyatt point transfers.
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