Planning on canceling my sapphire reserve card within a month. Any recommendations on what to do with the points? Thinking about transferring all to Hyatt and using over time, but wanted to see if there were any other thoughts

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I suggest downgrading to Preffefed

likehelpful

Why would you cancel it? Just product change it to a Chase Freedom Unlimited or Freedom Flex and keep it that way with $0 fee

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This is what I would do as well, downgraded to keep your posts and then if you want to upgrade at another time just transfer them all back.

Why not open an ink preferred? Still 3x on travel and you keep the ability to transfer to partners. My plan is to cancel the CSR, and keep that till they “enhance” it

Sapphire preferred is the right move. If you travel enough to see value in the reserve last year, you should get good value from the preferred this year, and you'd still have hyatt flexibility.

Thanks for the rec. I’m trying to decide if it’s worth the annual fee to have the flexibility with the points vs transfer them all to Hyatt and have no annual fee

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