Time is fleeting to transfer Chase points to World of Hyatt at 1:1 with some Ultimate Rewards cards.
Starting October 1, the Chase Sapphire Preferred and Ink Business Preferred will transfer points to Hyatt at a 4:3 ratio. For every 1,000 Chase points transferred, that means 750 Hyatt points instead of 1,000.
Some Sapphire Preferred cardholders are already living with the new ratio. Anyone who opened the card on or after June 15 got the 4:3 ratio from the start.
The Chase Sapphire Reserve and Sapphire Reserve for Business, meanwhile, are keeping 1:1 transfers.
That’s a pretty meaningful divide for people who regularly use Chase points to book Hyatt hotels.
A Hyatt stay costing 20,000 points currently takes 20,000 Chase points with a 1:1 transfer. At 4:3, it takes 27,000 Chase points, since Chase processes transfers in 1,000-point increments.
Three nights at that price goes from 60,000 Chase points to 80,000.
What to Do Before October 1
If there’s a Hyatt stay somewhere in the plans, now is a good time to price it out.
That doesn’t have to mean booking a hotel today. Check trips already planned for next year, weekends under consideration, or anywhere Hyatt was already a possibility.
If a hotel is available with points and the trip is likely to happen, waiting until after October 1 to transfer could mean spending considerably more Chase points for exactly the same stay.
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That doesn’t mean emptying an Ultimate Rewards account into Hyatt. Transfers are final, and keeping points with Chase leaves more options if plans change.
There is another way to keep the 1:1 ratio.
Chase is effectively making it a perk of its more expensive Sapphire Reserve cards. Someone who uses Hyatt regularly now has another reason to compare the Sapphire Preferred with the Sapphire Reserve, or the Ink Business Preferred with the Sapphire Reserve for Business.
That’s a bigger decision than what to do before October 1. For now, if a Hyatt stay is somewhere on the horizon, it’s worth seeing what it costs before the transfer rate changes.
Buying hotel points might sound like an unnecessary extra step. After all, if a room is available, why not just pay for it?
Sometimes there’s a good reason. Buying the points needed to book a room can cost less than paying the hotel directly.
Hilton Honors sells points throughout the year and frequently runs promotions that lower their cost. There’s little reason to buy just because a sale is happening. But with a Hilton stay already in mind, it takes only a few seconds to see whether buying points could save money.
Current Hilton Buy Points Offer
Hilton is currently offering up to a 100% bonus when buying points, dropping the purchase price as low as 0.5 cents each.
Current promotion: Up to 100% bonus
Lowest price per point: 0.5 cents
Offer ends: September 25, 2026
Offer purchase limit: 300,000 points before the bonus
Annual purchase limit: 300,000 points before any bonus
Hilton runs points sales fairly regularly, so there’s rarely a reason to buy solely because a promotion is ending. The history below shows how the current offer compares with previous ones. Click the arrow to see past offers.
First, find how many Hilton points a hotel requires. Then figure out how much it would cost to buy those points under the current promotion and compare that with the cash price for the same stay.
The math is simple:
Points needed × current price per point = cost to buy the points
Say Hilton is selling points for 0.5 cents each and a hotel costs 60,000 points per night. Buying 60,000 points would cost $300.
If the same room costs $425 in cash, buying the points could save $125. If the room costs $250, paying cash is the easy choice.
That’s really all there is to it.
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There are a few things that can change the math even more. For example, Hilton elite members get a fifth night free on eligible five-night award stays. This can drop the all-in cost of a stay even more.
There’s little reason to stock up on Hilton points without a stay in mind. As the promotion history above shows, Hilton sells points regularly, and another offer will eventually come along.
Instead, start with the hotel. Check the cash price, check the points price, and calculate what those points would cost to buy. Sometimes cash wins. Sometimes points do.
And when buying the points is cheaper, it’s a pretty easy way to save money on the exact same room.
On the same day Hyatt announced the end of its exclusive loyalty relationship with American Airlines, it lined up its replacement, too.
Hyatt and Delta Air Lines announced Wednesday, September 9, that they’re forming a new long-term partnership. The relationship will formally launch in the coming months.
World of Hyatt elites will be able to earn Hyatt points on qualifying Delta flights, while Delta Medallion members will earn SkyMiles on qualifying Hyatt stays.
That’s about as specific as Hyatt and Delta are getting for now. The companies haven’t said which elite members will qualify, how much they’ll earn, or even exactly when the partnership will launch.
But the timing clears up at least some of the mystery from earlier Wednesday. Hyatt isn’t walking away from airline partnerships. It’s swapping one exclusive airline relationship for another.
World of Hyatt and Delta SkyMiles Members Will Be Able to Double Dip
The first confirmed benefit is reciprocal earning.
Eligible World of Hyatt elite members will earn Hyatt points on qualifying Delta airfare purchases in eligible fare classes. Delta Medallion members, meanwhile, will be able to earn SkyMiles on qualifying stays at participating Hyatt properties.
Those rewards will come on top of what members already earn through the program they’re doing business with. Naturally, this will create a chance to double dip across flights and hotel stays.
But there are still plenty of blanks to fill in.
Hyatt and Delta haven’t shared which elite tiers will qualify, the earning rates, which Delta fares or Hyatt properties will participate, or exactly when the partnership will launch. Enrollment details are also coming later.
And apparently, reciprocal earning is only the beginning. The companies say additional benefits and experiences will be unveiled later this year.
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Hyatt Is Swapping American for Delta
Earlier Wednesday, American and Hyatt announced that they won’t continue their enhanced loyalty relationship. American later confirmed to Points Insider that its exclusive Hyatt partnership expires in November and won’t be renewed.
A few hours later, Hyatt described its new relationship with Delta as exclusive.
That explains quite a bit.
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We’ve covered the American breakup separately, including what happens to existing benefits and what AA told Points Insider about the decision. The short version is that a relationship that had already been scaled back in 2025 is winding down, while Hyatt is preparing to launch a new one with Delta.
There’s an interesting reversal here, too. American and Hyatt eliminated reciprocal earning last year. Hyatt and Delta are putting it back at the center of their new partnership, at least for eligible elite members.
However, the full details will determine whether that’s as useful as it sounds.
The partnership had already been watered down considerably in 2025, when American and Hyatt eliminated reciprocal bonus earning on flights and hotel stays in favor of rewards tied to each program’s elite status qualification system.
Now, those benefits are going away, too.
For the moment, little is changing. Members can continue earning and redeeming eligible benefits through the current earning year, with parts of the relationship stretching into early 2027.
American and Hyatt Are Going Their Separate Ways
American and Hyatt have worked together since 2019. Initially, eligible elite members could earn bonus AAdvantage miles on Hyatt stays or bonus World of Hyatt points on American flights after linking their accounts.
That arrangement changed in 2025. Rather than earning bonus points or miles whenever they stayed or flew, members began unlocking benefits in the other program through AAdvantage Loyalty Point Rewards and World of Hyatt Milestone Rewards.
Those are the benefits now headed for the exit.
American and Hyatt issued nearly identical statements Wednesday, saying the decision came “after careful consideration.”
“We have mutually decided to not continue our enhanced relationship.”
The initial announcement didn’t offer much more explanation than that. But an American spokesperson provided Points Insider with some additional context, confirming that what it described as the “exclusive loyalty partnership” with Hyatt expires in November and won’t be renewed.
American said it’s focused on partnerships that provide AAdvantage members with “global scale and premium experiences” while also building relationships that are beneficial to customers and the airline’s financial outlook.
The reference to exclusivity is what sticks out.
Air Canada and Hyatt recently announced a new enhanced partnership between Aeroplan and World of Hyatt, giving members opportunities to earn rewards and access status benefits across the two programs.
We specifically asked American whether Hyatt’s new Aeroplan partnership played a role in the decision not to renew its exclusive relationship. The airline didn’t address that question.
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Current Benefits Aren’t Disappearing Immediately
Members who already leverage the American and Hyatt partnership have some time before the biggest changes take effect.
AAdvantage members who link their American and Hyatt accounts by November 15, 2026, can continue earning World of Hyatt awards through AAdvantage Loyalty Point Rewards through February 28, 2027.
World of Hyatt members who link their accounts by November 15 can continue earning AAdvantage awards through Milestone Rewards through December 31, 2026.
Benefits already earned won’t suddenly disappear, either. Both companies say members will receive the usual amount of time to select an award after earning it.
One American and Hyatt Benefit Is Sticking Around
Not everything is going away.
AAdvantage members will still be able to earn 500 AAdvantage miles on eligible Hyatt stays after the broader relationship ends. Members can choose to earn the miles instead of World of Hyatt points by providing their AAdvantage number at check-in.
It’s a much narrower tie-up than what American and Hyatt once offered, but the two programs aren’t severing ties completely.
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Why End the Partnership Now?
That’s still the big unanswered question.
American’s response offers a glimpse at what the airline wants from its loyalty partnerships, including global scale, premium experiences, and relationships that make financial sense. But it doesn’t explain why the Hyatt relationship no longer fits that strategy.
The timing of Hyatt’s new Aeroplan partnership, coupled with American’s description of its Hyatt agreement as exclusive, makes the question particularly interesting.
For now, though, there’s no confirmation that the two developments are connected.
And the practical impact won’t be immediate. Members have several more months to earn benefits before the relationship winds down, and the option to earn AAdvantage miles instead of Hyatt points will remain.
But the broader partnership has been shrinking for some time. It lost reciprocal earning in 2025, will lose its remaining cross-program milestone benefits over the coming months, and its exclusive contract expires in November.
Airlines and hotels regularly sell points and miles with bonuses or discounts. And some promotions can bring the cost down significantly.
Sometimes, buying points or miles for the trip you want to take can even cost less than paying the going cash price.
Whether you’re topping off an account for an award you’ve already found, planning ahead for a trip, or simply waiting for a better offer, it helps to know what’s available now and how it compares with what we’ve seen before.
PointsYeah automatically tracks current offers for buying airline miles and hotel points below, along with each program’s recent promotion history.
Current Buy Points and Miles Offers
Here are the current promotions for buying airline miles and hotel points. The tables below automatically update as new offers begin and existing ones expire.
Note that some promotions are targeted, so you may see a different bonus or discount after logging into your loyalty account. Always confirm the offer and final purchase price before buying.
Active airline buy miles offers
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Active hotel buy points offers
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Before You Buy Points or Miles
There’s more to a good buy points or miles promotion than the headline bonus or discount.
Each loyalty program sets its own price, so a 100% bonus from one program isn’t necessarily a better deal than a 50% bonus from another. The final purchase price matters more, and the historical tables below can help you see whether the current offer is especially good or something that comes around regularly.
It also helps to know how you plan to use the points or miles before buying them. If you’re a few thousand miles short of an award, buying the difference can be an easy way to get what you need. In other cases, buying enough points for an entire flight or hotel stay can cost less than paying cash.
If you’re buying airline miles for a particular trip, search for the award first. Availability can change quickly, and you don’t want to buy miles only to discover that the flight you wanted is no longer bookable.
PointsYeah searches live award availability across dozens of rewards programs, so you can see what’s available before making a purchase.
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Keep in mind that points and miles purchases are generally nonrefundable. Programs may also limit how many points or miles you can purchase, so check the terms of the specific offer before buying.
A promotion can sound impressive without being particularly unusual. Looking at previous offers gives you a better idea of how today’s bonus or discount stacks up.
Open the dropdown for any airline or hotel program below to see its recent buy points or miles offer history.
