10 Incredible Hyatt Hotels You Can Book for 12K Chase Points or Less

World of Hyatt has long been one of the best Chase transfer partners. However, the transfer ratio has been devalued from 1:1 to 4:3 for new account holders of the Chase Sapphire Preferred^® Card. Existing cardholders who opened their accounts before June 15, 2026, will see the new ratio take effect on October 1, 2026.

While the math is certainly less favorable, there are still plenty of great deals out there. And we’re not just talking about lower-end hotels: Grand Hyatt, Hyatt Regency, and other upscale properties can still be booked with 12,000 Chase points, which convert to 9,000 World of Hyatt points at the new ratio for the Chase Sapphire Preferred card.

Chase Sapphire Preferred Card Overview

The Chase Sapphire Preferred card earns Chase Ultimate Rewards points, which can be redeemed in several ways. At Upgraded Points, we primarily focus on transferring points to airline and hotel partners for maximum value.

BEST FIRST TRAVEL CARD

Terms Apply / Rates & Fees

Chase Sapphire Preferred^® Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.

Apply Now(at Chase's secure site)

Chase Sapphire Preferred^® Card

A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.

Welcome Offer

Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.

75,000 points

UP's Offer Valuation*:

$1,500

Annual Fee

$95

APR

19.24% - 27.49% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Good to Excellent

Why We Like This Card

The Chase Sapphire Preferred^® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, gas, EV charging, vacation homes, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.

Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance and emergency evacuation. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.

Pros & Cons

Pros

• 5x points on all travel booked via the Chase Travel portal
• 3x points on dining purchases, online grocery purchases (excluding Walmart, Target, and wholesale clubs), gas, EV charging, vacation homes (such as Airbnb and Vrbo), and select streaming services
• 2x points on all other travel worldwide

Cons

• $95 annual fee
• No elite benefits like airport lounge access or hotel elite status

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Card Highlights

• Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
• Enjoy benefits such as 5x on travel purchased through Chase TravelSM, 3x on dining, 3x on vacation homes, 3x on gas & EV charging, 3x on top streaming services and online groceries (excluding Walmart, Target, and wholesale clubs), 2x on all other travel purchases, 1x on all other purchases
• Earn up to $100 in statement credits each account anniversary year for hotel stays through Chase Travel
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Emergency Evacuation and Transportation and more
• Get a year of complimentary Apple TV when activated by December 31, 2026 – a value of $156.
• Complimentary DashPass which unlocks $0 delivery fees & lower service fees for 12 months when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders.
• Receive one statement credit of up to $120 every four years as reimbursement for the application fee charged to your card for a Global Entry, TSA Precheck^® or NEXUS application.
• Transfer points to leading airline and hotel loyalty programs
• Member FDIC

Financial Snapshot

• APR: 19.24% - 27.49% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

Chase transfers must be made in 1,000-point increments. With the updated 4:3 ratio, you would need to transfer 12,000 Ultimate Rewards points from the Chase Sapphire Preferred card to receive 9,000 World of Hyatt points.

Below, you might be surprised by just how many great hotels around the world you can still book with that amount.

Hot Tip:

Skip the math next time. Bookmark our transfer partner calculator to see exactly how many points you’ll need to transfer to Hyatt and other partners.

1. Grand Hyatt Bogotá

The stunning Grand Hyatt Bogotá is worthy of being a destination in its own right. Located just a few blocks from a major mall and green spaces, the hotel is an inexpensive ride-share to central Bogotá. However, you may not want to leave the hotel, which has an incredible full-service spa and 5 pools.

Unless you’re a Hyatt Globalist member, it may be worth using a Guest of Honor award to enjoy access to the hotel’s executive lounge. Inside, breakfast is served, but it stays open throughout the day with an evening spread of local specialties and beverages. Combined with superb service and a relaxing atmosphere, the hotel is an excellent value at 8,000 World of Hyatt points per night (or 11,000 Chase Sapphire Preferred card points).

2. Hyatt Regency Bangkok Suvarnabhumi Airport

The Hyatt Regency Bangkok Suvarnabhumi Airport is not your typical airport hotel. First, you can walk to the hotel through an air-conditioned underground passageway (or take the quick shuttle). The property is sprawling, with a central oasis pool area that feels like a tropical retreat.

Another highlight of the property is its decadent executive lounge, which hosts breakfast, afternoon tea, and evening refreshments with extensive appetizers. You can book the hotel starting at 7,500 World of Hyatt points, or 10,000 Chase Sapphire Preferred card points.

3. Lindner Hotel Prague Castle

The Lindner Hotel Prague Castle is a boutique-style hotel near Prague’s UNESCO historic district. Well positioned for exploring the city, the hotel is not far from Prague Castle, Charles Bridge, and the Petřín Lookout Tower.

With just 138 rooms, the hotel is intimate and old-world charming. Guest reviews note that it is a downhill walk to the historic center, but a challenging uphill walk back to reach the hotel. The hearty breakfast buffet, elite status appreciation, and sauna were positive mentions — and an incredible value from 6,000 Hyatt points (8,000 Chase Sapphire Preferred card points).

4. Hyatt Regency Mérida

With the launch of the Mayan Train (Tren Maya) now leaving from Teya Mérida station, Mérida has become the perfect base for exploring the Yucatán Peninsula. The Hyatt Regency Mérida could be an excellent choice for lodging and enjoying nearby sights as well as the city.

Guests leave positive comments about the executive lounge, service, breakfast buffet, and elite-status recognition. With rooms starting at 4,500 World of Hyatt points per night (6,000 Chase Sapphire Preferred card points), the hotel is a bargain.

5. Hyatt Regency Sofia

The Hyatt Regency Sofia is well-positioned in the city center, close to Sofia’s attractions. The modern hotel hosts a very popular rooftop lunch every Sunday and has a Regency Club with all-day refreshments and an evening happy hour.

Additional amenities include a posh rooftop bar and fitness center. The Hyatt Regency Sofia is one of the few hotels offering a complete virtual tour of the entire hotel. You’ll know exactly what to expect at this lovely property, bookable for just 7,500 World of Hyatt points per night (10,000 Chase Sapphire Preferred card points).

6. Story Hotel Malmö

A quick 30-minute train ride from Copenhagen Airport (CPH) puts you right in the heart of Malmö, Sweden. It’s a great city to explore, and the Story Hotel Malmö is perfectly located for doing so. The hotel is also just a 5-minute walk from the train station.

One special feature of the hotel is its rooftop restaurant with views of the ocean and city open seasonally. With rooms starting at just 6,000 World of Hyatt points per night (8,000 Chase Sapphire Preferred card points) and complimentary breakfast always included, the hotel is an affordable option.

7. FirstName Bordeaux

If you want to go trendy and modern in Bordeaux, the FirstName Bordeaux is the hotel for you. The hotel describes itself as “premium comfort in an urban retreat,” and guest comments confirm that distinction.

With a prime location on the edge of the UNESCO-designated city center and a tram stop right outside the hotel, it’s also a convenient choice for exploring the city. In addition to the popular sun terrace, there is a fitness center and sauna on site. Book the hotel for 8,000 World of Hyatt points per night (11,000 Chase Sapphire Preferred card points).

8. Hyatt Regency Milwaukee

The Hyatt Regency Milwaukee receives high marks for its location in downtown Milwaukee. The hotel is close to public transportation and within walking distance of restaurants and city sights. Many reviews highlight the hotel’s great service, and others commented that they are return guests.

Nightly award rates start at 6,000 World of Hyatt points (8,000 Chase Sapphire Preferred card points), but most nights are 7,500 and as much as 10,000 points during peak times. No matter the rate, the hotel appears to be a great value for a downtown central hotel.

9. Hyatt Regency Phoenix

The downtown Hyatt Regency Phoenix is a convention hotel with all the amenities for balancing work and relaxation. With an outdoor pool, hot tub, and fitness center, you’ll quickly forget about the workday.

Just 4 miles from the airport, yet set in a prominent downtown location, the hotel is also convenient. With the Phoenix Convention Center yards away, you can mix business and pleasure in 1 stay. You can book rooms from 8,000 World of Hyatt points (11,000 Chase Sapphire Preferred card points).

10. Grand Hyatt Rio de Janeiro

It was nice to find an affordable resort in our search for Hyatt properties. The Grand Hyatt Rio de Janeiro offers ocean and mountain vistas, beach access, and all the amenities of a full-service resort.

Guests enjoy panoramic views from the Grand Club Lounge, which is open all day for complimentary beverages and for cocktails and appetizers in the late afternoon. With nightly rates starting at 8,000 World of Hyatt points (11,000 Chase Sapphire Preferred card points), an affordable beach getaway could be in your future.

How To Find Your Own Hyatt Bargains

Hyatt’s website makes it easy to filter your searches to find good deals. First, from the Explore drop-down menu on the World of Hyatt home page, select Hotels & Resorts.

A map will populate with all Hyatt properties worldwide. You can type in the area you prefer, then click on the Filters option to limit your search to properties in specific award categories.

For example, when I select only Category 2 properties and scroll the map to Europe, I find all the category 2 properties highlighted. Hovering over the colored dots, I can view the hotel names.

It’s that easy to find Hyatt hotels in your preferred award price range. Once you’ve selected a hotel, you can use the price calendar to review nightly rates by date.

Additional Options For Booking Hyatt Hotels

If you have World of Hyatt points in your account, you can book stays directly. If not, here are some alternative options for booking Hyatt hotel stays with transferable rewards points.

Transfer Ultimate Rewards Points from Premium Chase Cards

Cardholders who have the Chase Sapphire Reserve^® or Sapphire Reserve for Business℠ can still transfer Chase Ultimate Rewards points earned on their cards to World of Hyatt at a 1:1 ratio.

This means that 9,000 Chase Ultimate Rewards points transferred from these cards equal 9,000 World of Hyatt points — no math involved.

Terms Apply / Rates & Fees

Chase Sapphire Reserve^®

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Apply Now(at Chase's secure site)

Chase Sapphire Reserve^®

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Welcome Offer

Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

100,000 points

UP's Offer Valuation*:

$2,000

Annual Fee

$795

APR

19.49% - 27.99% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve^® is one of the best options.

The card combines elite travel benefits and perks like worldwide airport lounge access, with excellent point earning and redemption options. Plus, it offers top-notch travel insurance protections to cover you at home or on the road.

Don’t forget the more than $2,000 in annual credits, which can offset the annual fee!

Pros & Cons

Pros

• 8x points on all Chase Travel purchases
• 5x points on Lyft rides
• 4x points on flights and hotels booked directly

Cons

• $795 annual fee

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Card Highlights

• 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

Financial Snapshot

• APR: 19.49% - 27.99% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

LIMITED TIME OFFER

Terms Apply / Rates & Fees

Sapphire Reserve for Business℠

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Apply Now

Sapphire Reserve for Business℠

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Welcome Offer

Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening and access more than $7,000 in total business and travel value in your first year.

200,000 points

UP's Offer Valuation*:

$4,000

Annual Fee

$795

APR

Flex for Business Variable APR: 17.74% - 28.49%

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

The Chase Sapphire Reserve Business card is a great pick for business owners who can easily make use of the annual credits for travel, Google Workspace, ZipRecruiter, and more. Plus, it offers helpful bonus categories such as ad spend and offers access to over 1,300 airport lounges — including Chase Sapphire Lounges.

Pros & Cons

Pros

• 8x points on Chase Travel purchases
• 4x points on flights and hotels booked directly
• 3x points on advertising purchases made with social media sites and search engines (uncapped)

Cons

• $795 annual fee

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Card Highlights

• Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening.
• $7,000+ in value your first year. 200K points, valued at $4,000 for select flights and hotels through Chase Travel℠, plus $3,000+ in annual value through travel and business benefits.
• Earn 8x points on Chase Travel℠ for airline tickets, hotels, including The Edit℠, car rentals, cruises, activities and tours.
• Earn 5x total points on Lyft rides through 9/30/27.
• Earn 4x points on flights & hotels booked direct.
• Earn 3x points on social media & search engine advertising.
• Get the most flexible travel credit compared to any other card, with up to $300 in statement credits each anniversary year on travel purchases.
• Enjoy complimentary access to the Chase Sapphire Lounge^® by The Club network and Priority Pass™ Select membership. Two guests may accompany the Primary Cardmember to the lounges free of charge.
• Member FDIC

Financial Snapshot

• APR: Flex for Business Variable APR: 17.74% - 28.49%
• Foreign Transaction Fees: None

Hot Tip:

If you have the Chase Sapphire Reserve card or Chase Sapphire Reserve Business card, you can transfer Chase Ultimate Rewards earned on other Chase Ultimate Rewards-earning cards (including the Chase Sapphire Preferred card) to either of the Reserve cards. You can then transfer to World of Hyatt at a 1:1 ratio.

Transfer Bilt Points

Link your Bilt card to World of Hyatt to transfer Bilt Points to your World of Hyatt account. Bilt Points earned on the Bilt Obsidian Card (rates & fees), Bilt Palladium Card (rates & fees), and the Bilt Blue Card (rates & fees) can be transferred to World of Hyatt at 1:1. Minimums apply.

Final Thoughts

The Chase Sapphire Preferred card offers great value for the modest $95 annual fee. While it’s a negative that the transfer ratio to World of Hyatt has devalued, there’s still value to be found at sprawling resorts, city hotels, and more.