Chase to World of Hyatt, checked Sept 30, 2026: 1:1 from the Sapphire Reserve, 4:3 from the Sapphire Preferred and Ink Business Preferred. Earn rates, dollar math and a worked example.
By Vamsi, RewardsGuru.club. Published May 5, 2026, updated September 30, 2026.
Rewritten September 30, 2026, against Chase's pages for the Sapphire Reserve, Sapphire Preferred, Ink Business Preferred, Freedom Unlimited, Freedom Flex and World of Hyatt cards, and Chase's June 15, 2026 Sapphire Preferred announcement. Point values are our own: 2 cents for a Chase point, 1.63 cents for a World of Hyatt point.
TL;DR
For the program itself see our World of Hyatt complete guide, and for where Hyatt points go furthest see Hyatt's best redemptions and category chart.
Chase's June 15 announcement: "Ultimate Rewards® points will transfer to World of Hyatt® at a rate of 4:3. For example, cardmembers who transfer 1,000 Ultimate Rewards points will receive 750 points with World of Hyatt®." Its FAQ lists the cards: "This update will apply to Sapphire Preferred cardmembers, new and existing Ink Business Preferred cardmembers and existing Ink Plus and Corporate Flex cardmembers, effective October 1, 2026." Sapphire Preferred accounts opened on or after June 15, 2026 had the 4:3 rate from the start (Chase newsroom). The Sapphire Reserve isn't on the list, and it transfers at 1:1.
| Card | Annual fee | What it earns | Transfers to Hyatt | Rate |
|---|---|---|---|---|
| Sapphire Reserve | $795 | 8x through Chase Travel, 4x on flights and hotels booked direct, 3x on dining, 1x elsewhere | On its own | 1:1 |
| Sapphire Preferred | $95 | 5x through Chase Travel; 3x on dining, gas stations, EV charging, vacation homes at top brands, top streaming services and online groceries; 2x on other travel; 1x elsewhere | On its own | 4:3 |
| Ink Business Preferred | $95 | 3x on the first $150,000 a year of combined travel, shipping, internet, cable and phone, and advertising with social media sites and search engines | On its own | 4:3 |
| Ink Plus, Corporate Flex (existing cardmembers) | On its own | 4:3 | ||
| Freedom Unlimited | $0 | 1.5% on everything, 3% on dining and drugstores, 5% on travel through Chase Travel | Only through one of the cards above | That card's rate |
| Freedom Flex | $0 | 5% on up to $1,500 in rotating categories each quarter you activate, 5% on travel through Chase Travel, 3% on dining and drugstores, 1% elsewhere | Only through one of the cards above | That card's rate |
Chase calls the Freedom cards' rewards "cash back," but they're paid in Ultimate Rewards points: 1.5% is 1.5 points per dollar. The Freedom Flex categories for October to December 2026 are grocery stores, dining and American Red Cross donations; our Q4 categories article has the terms.
| Hyatt stay priced at | Chase points from a Reserve (1:1) | Chase points from a Preferred (4:3) |
|---|---|---|
| 5,000 points | 5,000 | about 6,667 |
| 15,000 points | 15,000 | 20,000 |
| 25,000 points | 25,000 | about 33,333 |
At our values, 1,000 Chase points are worth about $20 across Chase's partners on average, $16.30 when sent to Hyatt from a Reserve, and about $12.20 when sent to Hyatt from a Preferred. Transfers to Hyatt can't be reversed.
One spending mix, with every assumption stated: $5,000 on dining, $4,000 on online groceries, $2,000 on gas, $3,000 on flights and hotels booked direct, $1,500 on Hyatt stays booked direct and $14,500 on everything else. All the points go to Hyatt.
| Sapphire Preferred alone | Sapphire Reserve alone | |
|---|---|---|
| Dining | 15,000 (3x) | 15,000 (3x) |
| Online groceries | 12,000 (3x) | 4,000 (1x) |
| Gas | 6,000 (3x) | 2,000 (1x) |
| Flights and hotels booked direct | 6,000 (2x) | 12,000 (4x) |
| Hyatt stays booked direct | 3,000 (2x) | 6,000 (4x) |
| Everything else | 14,500 (1x) | 14,500 (1x) |
| Chase points | 56,500 | 53,500 |
| Hyatt points after transfer | 42,375 (4:3) | 53,500 (1:1) |
| At our Hyatt value | about $691 | about $872 |
The Reserve earns fewer Chase points on this mix and still ends up with more Hyatt points, because of the rate. The two cards' annual fees differ by $700, and the Reserve's credits (not counted here) are in our Sapphire Preferred vs Sapphire Reserve breakdown.
Adding a Freedom Unlimited for the $14,500 of everything else earns 1.5 points per dollar instead of 1: 21,750 points instead of 14,500, or 7,250 more. Moved to the Preferred and sent to Hyatt, that's about 5,438 more Hyatt points; moved to the Reserve, 7,250 more.
Adding a World of Hyatt card for the $1,500 of Hyatt stays earns 4 bonus points per dollar, or 6,000 Hyatt points, paid straight into your Hyatt account. For comparison, the same $1,500 on a Preferred earns 3,000 Chase points, which become 2,250 Hyatt points. Either way you also earn Hyatt's own member points on the stay; Chase describes those as "up to 5 Base Points from Hyatt per eligible $1 spent for being a World of Hyatt member."
No. It was 1:1 until Chase's 2026 change: 4:3 from June 15, 2026 for new cardmembers and from October 1, 2026 for everyone who applied before then.
No. It earns World of Hyatt points directly into your Hyatt account, with no transfer.
No. Transfers from Chase to Hyatt are one-way.
Neither has World of Hyatt as a transfer partner. Among the programs we track, Chase and Bilt do. For the other hotel programs, see our hotel card comparison, and for how Chase's card rules work, our Chase 5/24 explainer.