Fly business class for the price of economy — in points.

Chase Sapphire Preferred overhauled: stronger perks, but Hyatt transfers take a 25% hit

Chase's most popular travel card just got a major refresh — new bonus categories, an expanded hotel credit, and elevated earnings on gas and vacation rentals. The catch: new applicants on or after June 15 immediately see the Chase-to-Hyatt transfer ratio drop from 1:1 to 4:3, with existing cardholders following on October 1.