Should I Ditch Chase for Hyatt After the 4:3 Transfer Cut?

The short answer: don't panic, but do diversify. The 1:1 Chase-to-Hyatt transfer is ending for select cards (Source 5), and Bilt follows suit on January 1, 2027 (Source 2). This hurts, but Hyatt isn't your only good option. Chase still transfers 1:1 to airlines like United, Southwest, and Air Canada Aeroplan, which can also get you great value. The real question is whether you'll use hotel points or airline miles more often.

If you're wedded to hotel redemptions, consider IHG. Chase just launched a new IHG Premier Select card with a 200,000-point bonus and perks like up to $300 in annual food & beverage credits, a $200 airline credit, and a free night worth up to 60,000 points (Sources 1, 3, 4). IHG points are worth less per point than Hyatt's, but the bonuses and credits can offset a $350 annual fee. For now, you can still transfer Chase points to IHG 1:1 — no devaluation announced.

What's actionable? First, use your remaining 1:1 Hyatt transfers before the cut hits your card. Second, don't hoard points in one program. Spread your earnings across Chase Ultimate Rewards (still flexible), a hotel co-branded card like the new IHG Premier Select, and maybe a cash-back card for non-bonus spending. The era of easy Hyatt value is fading, but the game isn't over — you just need to play it smarter.