Bilt Is Cutting Hyatt Transfers By 25%—The 1:1 Rate Ends December 31

Bilt points will transfer to Hyatt at 4:3 starting January 1, giving members 25% fewer Hyatt points. You have through December 31 to transfer at 1:1, while Chase Sapphire Reserve keeps that rate. The change across both programs points toward Hyatt’s economics—and makes an already devalued currency harder to justify.