Yes, Chase Ultimate Rewards points convert to World of Hyatt points at a guaranteed 1:1 ratio, and this remains one of the most valuable "sweet spots" in the credit card rewards world in 2026. To perform this transfer, you must hold one of Chase's premium "transfer-eligible" cards, such as the Chase Sapphire Preferred, Chase Sapphire Reserve, or the Ink Business Preferred. Points must be transferred in increments of 1,000. For most users, the transfer is instantaneous, allowing you to book a Hyatt stay immediately after moving the points from your Chase account. This is particularly lucrative because Hyatt points often have a higher redemption value (frequently 1.7 to 2.0 cents per point) compared to other hotel partners like Marriott or IHG. It is important to ensure that the name on your Chase account exactly matches the name on your World of Hyatt account to avoid delays. Once the transfer is complete, it is irreversible, so it is always recommended to verify that your desired "award night" is actually available at the hotel before you initiate the move from the Chase portal.