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It feels like we're playing a bad game of dominoes. Today, the new 4:3 transfer ratio to
Now, we just learned that Bilt is devaluing transfers to World of Hyatt from 1:1 to 4:3 effective January 1, 2027. Here's what to know.
Bilt To Devalue Hyatt Transfers in 2027
Bilt has historically been somewhat of a buffer among transferable point currencies. When seemingly every other program devalues a transfer ratio, Bilt holds strong.
For instance, in 2025,
As you can see in the screenshot below, the World of Hyatt partner page on Bilt's website now displays the following message:
“The transfer ratio for World of Hyatt will change to 4:3 beginning January 1, 2027.”
When Chase devalued transfers to Hyatt, it only impacted select cards. Premium Chase Sapphire Reserve® cardholders can continue to transfer to Hyatt at a 1:1 ratio.
Bilt isn't extending the same generosity to its premium cardholders. This update impacts Bilt Points earned through Bilt's neighborhood partners as well as all Bilt cardholders:
Should you transfer Bilt Points to Hyatt now?
This news might leave you wondering if you should transfer your Bilt points to World of Hyatt before this change takes effect. We don't recommend transferring points speculatively. Thankfully, Bilt gave plenty of advance notice about this devaluation. You have the rest of the year to transfer points at a 1:1 ratio.
If you've historically gotten excellent value from your Hyatt points and want to keep booking Hyatt stays, you could make the case for transferring as many Bilt points as you can to Hyatt at the end of December. However, programs are known to devalue — as evidenced by Hyatt's award chart overhaul earlier this year — so you risk moving your points to Hyatt, only for Hyatt to increase award costs across the board a few months later. Plus, your points are then subject to Hyatt's expiration policy.
Other Ways To Earn Hyatt Points
In late 2025, Chase and Hyatt teased that a new Hyatt card is on the way. The year isn't over, so maybe we will find out that these devaluations have been paving the way for Hyatt to market a premium card for Hyatt loyalists to enjoy. This is all just speculation, but it could make sense.
The only points that transfer to Hyatt are Bilt points and Ultimate
In other words, after January 1, 2027, your only way to access 1:1 Hyatt transfers is through the Sapphire Reserve and Sapphire Reserve for Business℠.
- Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
- Get $3,000 in annual value with Sapphire Reserve.
- Earn 8x points on all purchases through Chase Travel℠, including The Edit℠ and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Access over 1,300 airport lounges worldwide with a complimentary Priority Pass™ Select membership, plus every Chase Sapphire Lounge® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck® every 4 years
- Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
- Get complimentary subscriptions to Apple TV and Apple Music for a minimum of one year when activated by June 22, 2027, a value of $288 annually.
- Member FDIC
- 8x points on all purchases through Chase Travel℠
- 4x points on flights and hotels booked directly
- 3x points on dining worldwide
- 1x points on all other purchases
Bottom Line
Devaluations aren't fun, and there's no sugarcoating them. Right now, you can transfer 100,000 Bilt points for 100,000 World of Hyatt points. Starting January 1, 2027, when you transfer 100,000 Bilt points, you'll get just 75,000 World of Hyatt points. You'll need to transfer 134,000 Bilt points just to book the same 100,000-point stay — a 34% increase.
Over the next few months, you'll need to decide whether to convert your points at a 1:1 ratio or roll the dice and use your Bilt points with other partners.
For rates and fees of the cards mentioned in this post, please visit the following links: Bilt Blue Card (Rates & Fees), Bilt Obsidian Card (Rates & Fees), Bilt Palladium Card (Rates & Fees), and Chase Sapphire Reserve® (Rates & Fees)
