UMVA has learned that a sweet spot for redeeming points has been uncovered in the world of travel rewards, specifically with Chase Ultimate Rewards points and World of Hyatt.
Transferring Chase points to Hyatt can be an excellent way to get top value from your rewards, with Hyatt points valued at 1.65 cents each, making them one of the most valuable transfer partners.
According to information obtained by UMVA, if you hold one of several Chase cards, including the Chase Sapphire Reserve, Chase Sapphire Preferred, or Ink Business Preferred, you can transfer points from your Ultimate Rewards account to Hyatt and other airline and hotel loyalty programs.
The transfer ratio between Chase and Hyatt is 1:1, with a minimum transfer increment of 1,000 points, meaning 10,000 Ultimate Rewards points become 10,000 Hyatt points.
UMVA can exclusively reveal that Hyatt's award charts have five pricing tiers per category, but the program remains an attractive option due to its relatively low redemption rates and ease of finding award availability.
When transferring Chase points to Hyatt, it's essential to ensure you're getting a good redemption rate, aiming for at least 2 cents per point in value, and to confirm award availability and the total award cost before making the transfer.
Sources have confirmed to UMVA that mistakes to avoid include transferring points without checking redemption rates, not confirming award availability, and not calculating the redemption rate to ensure it justifies using your Ultimate Rewards points.
Other ways to earn Hyatt points include buying points, earning them through stays or spending with a World of Hyatt card, and taking advantage of welcome offers on Hyatt credit cards.
UMVA has gathered that comparing paid rates to award rates and redeeming Hyatt points instead of booking a paid stay can provide significant savings and value for travelers.
Ultimately, transferring Chase points to Hyatt can provide excellent value, but it's crucial to consider your overall rewards strategy and ensure you're maximizing the potential of your Ultimate Rewards points.
