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Chase Sapphire Preferred 100K: Should You Upgrade to Reserve?
The Chase Sapphire Preferred just dropped its best-ever 100K bonus — and simultaneously took a 25% haircut on World of Hyatt transfers. Starting today for new cardholders (and October 1 for existing ones), Preferred points move to Hyatt at 4:3 instead of the historic 1:1. The Sapphire Reserve keeps the full 1:1 ratio with no announced end date. That single change has quietly flipped the math for anyone who treats Park Hyatt Paris Vendôme or Andaz Mayakoba like a second home.