Chase Sapphire Preferred® Card Is Changing. Here’s What Matters.

Chase is making some big changes to the Chase Sapphire Preferred® Card on June 15. Some of the changes are great. One of them is a tough loss for Hyatt fans.

The Good News

Starting June 15, 2026 Chase Sapphire Preferred® Card will add:

✅ 3x points on gas and EV charging
✅ 3x points on vacation rentals like Airbnb and Vrbo
✅ A $100 annual Chase Travel hotel credit (up from $50)
✅ A TSA PreCheck/Global Entry credit
✅ Stronger travel protections

And the annual fee is staying at just $95.

The Change That Stings

Right now, Chase points transfer to Hyatt at a 1:1 ratio.
Starting June 15, new Sapphire Preferred cardholders will transfer to Hyatt at a 4:3 ratio.

That means:

• 1,000 Chase points = 750 Hyatt points
• 10,000 Chase points = 7,500 Hyatt points
• 100,000 Chase points = 75,000 Hyatt points

Important Timeline

If you already have the Chase Sapphire Preferred® Card (or get approved before June 15), you’ll keep the 1:1 Hyatt transfer ratio until October 1, 2026.

After that, the 4:3 ratio will apply.

Cards That Will Continue 1:1 Rate to Hyatt

Not all Chase cards are making this change.
The following cards will continue transferring Chase points to Hyatt at a 1:1 ratio:

✅ Chase Sapphire Reserve®

✅ Sapphire Reserve for Business℠

That matters because Chase points can be moved between your eligible Chase accounts.

So if you have a Chase Sapphire Preferred® Card and a Chase Sapphire Reserve®, you can move your points to the Reserve first and then transfer them to Hyatt at the 1:1 rate.

For families who get a lot of value from Hyatt stays, that may become an important part of their strategy going forward.

My Take

If you’re newer to points and miles, I still think the Chase Sapphire Preferred® Card is one of the best beginner travel cards out there.

The new earning categories are actually really useful for families, and keeping the annual fee at $95 is a win.

But if you regularly transfer points to Hyatt, this change definitely hurts.

The good news? The Chase Sapphire Reserve® and Sapphire Reserve for Business℠ are keeping the 1:1 Hyatt transfer ratio, which is one reason it’s getting a lot more attention right now.

What I’d Do

✔️ Have a Hyatt stay planned? Consider transferring points before October 1 while the 1:1 ratio is still available.

✔️ Thinking about the Chase Sapphire Reserve® anyway? The current elevated offer ends June 15 at 9am ET, and it keeps the 1:1 Hyatt transfer ratio.

The only constant in this hobby is change. We adjust, pivot, and keep finding ways to save on travel. ❤️