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Aryan Gaekwad

Aryan Gaekwad

Points and Loyalty Editor, ShopBack

2 articles

About

Aryan Gaekwad is ShopBack's Points and Loyalty Editor, covering airline programs, hotel loyalty, and credit-card travel-points overlap across Australia, Singapore, and the United States.

Articles by Aryan Gaekwad

Travel

Chase Ultimate Rewards to Hyatt 4:3 Devaluation 2026: What Changed, Who Keeps 1:1, and How to Adapt

Chase Sapphire Preferred cardholders approved on or after June 15, 2026 now transfer Ultimate Rewards to World of Hyatt at 4:3 instead of 1:1, a roughly 25% haircut on the highest-value UR transfer partner. Existing Sapphire Preferred cardholders keep 1:1 until October 1, 2026, then also drop to 4:3. Ink Business Preferred is also affected: existing cardholders keep 1:1 until October 1, 2026, then drop to 4:3; new applicants from October 1, 2026 receive 4:3 immediately. Chase Sapphire Reserve ($795 annual fee) and Sapphire Reserve for Business retain 1:1 to Hyatt. Ink Business Cash and Ink Business Unlimited do not transfer to Hyatt directly and require pooling into a card with transfer capability. Best defenses: transfer commitment balances before October 1, upgrade CSP to CSR, or use Bilt Rewards for Hyatt transfers (still 1:1).

Travel

Marriott Bonvoy 2026 Devaluation Explained: What Changed, Where the Increases Land, and How to Adapt

Marriott Bonvoy pushed award pricing up 5 to 10% on average across the portfolio in 2026, with individual properties climbing 2 to 16 percent, and dynamic pricing continues to drift the flagships (Ritz-Carlton, St. Regis, JW Marriott, W, Edition) higher. Third-party sources place the average Bonvoy point at roughly 0.7 to 0.8 cents in 2026, down from about 0.84 cents in 2024. Hilton devalued three times in 2025 (standard-room ceiling now runs up to 250,000 points a night), Delta SkyMiles is worth about 1.2 cents per TPG's mid-2026 valuations, and Hyatt shifted 112 properties up one category on 20 May 2026. Best defenses: burn balances over 50,000 points within 12 months, lock in awards early, and rebalance credit card transfer strategy before the Chase Ultimate Rewards to Hyatt 4:3 change lands on 1 October 2026.