Points and miles, week of June 15
Chase cuts Hyatt transfers for Sapphire Preferred holders, while six fresh transfer bonuses arrive across Marriott, Etihad, Qatar, and more.
This week brought a significant change for Chase Ultimate Rewards holders targeting World of Hyatt properties. Chase is stepping back from premium transfer ratios on two of its most popular cards, though the move preserves 1:1 transfers for Reserve cardholders. Meanwhile, six new transfer bonuses landed across major programs, and Turkish Miles&Smiles revealed strong business-class availability for August travel.
Devaluations this week
Chase Ultimate Rewards is cutting the transfer ratio to World of Hyatt from 1:1 to 4:3 on Sapphire Preferred and Ink Business Preferred cards. The Sapphire Preferred change takes effect June 15, while Ink Business Preferred holders have until October 1 before the ratio shifts. Premium cardholders should note that Sapphire Reserve and Reserve for Business retain their 1:1 transfer privilege, meaning the devaluation selectively affects mid-tier cardholders. Chase cuts Hyatt transfer ratio to 4:3 on two cards.
Transfer bonuses
Chase Ultimate Rewards to Marriott Bonvoy is offering a 55% bonus through June 30, bringing the effective ratio to 1.55:1. This is one of the stronger Marriott bonuses on the market and makes sense if you hold Marriott awards in your pipeline. Marriott Bonvoy.
Chase Ultimate Rewards to Virgin Atlantic Flying Club is providing a 30% bonus through July 14, landing at 1.3:1. The longer window gives you breathing room to plan larger transfers. Virgin Atlantic Flying Club.
Amex Membership Rewards to Etihad Guest is running a 40% bonus through June 15. This one expires fast, making it worth evaluating immediately if Etihad redemptions fit your travel plans. Etihad Guest.
Citi ThankYou Points to Qatar Privilege Club offers 30% through June 30, yielding 1.3:1. Qatar is a strong redemption program with reliable availability on Qatar Airways and Star Alliance partners. Qatar Privilege Club.
Citi ThankYou Points to Accor is offering 50% through July 18, making it 1.5:1. This bonus is particularly valuable if you have Accor hotel stays in your pipeline, as the program includes properties at Sofitel, Novotel, and Ibis worldwide. Accor.
Rove to Turkish Miles&Smiles is showing a 50% bonus expiring June 30, bringing the ratio to 1.5:1. Turkish offers strong value on Star Alliance partners and its own cabin, and this bonus stacks well with current award availability. Turkish Miles&Smiles.
Award availability this week
Turkish Miles&Smiles business-class awards are available from 16 North American gateways to Istanbul, Athens, Milan, Bangkok, and Ho Chi Minh City in August 2026. Redemption costs range from 2.2 to 3.3 cents per point depending on the route. Given this week's 50% transfer bonus on Turkish Miles&Smiles, the timing is strong for locking in awards before peak summer inventory depletes. Read the snapshot.