How to Transfer Chase Points to Hyatt (2026 Guide)
You transfer Chase Ultimate Rewards to World of Hyatt at a 1:1 ratio, instantly, through the Chase Travel portal — transfers are one-way and post in about 5–15 seconds. Hyatt is the best Chase transfer partner for most travelers because it routinely returns 2–4+ cents per point versus 1 cent for cash back. Only transfer when you have a specific award booking confirmed. Note: Chase Sapphire Reserve keeps 1:1, while Chase Sapphire Preferred and Ink Business Preferred move to 4:3 for existing holders on October 1, 2026.
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Last updated: June 2026.
⚠️ June 2026 update: Chase Sapphire Preferred and Ink Business Preferred cardholders are moving from 1:1 World of Hyatt transfers to a 4:3 ratio (effective June 15, 2026 for new CSP applicants; October 1, 2026 for existing CSP and Ink Business Preferred holders). Chase Sapphire Reserve is not affected and retains 1:1. The math throughout this guide reflects the pre-change 1:1 rate; see our Chase → Hyatt 4:3 ratio deep-dive for full analysis of the new numbers.
Most credit card holders sitting on a stack of Chase Ultimate Rewards are walking past money. They redeem for cash back at 1 cent per point — and miss redemptions worth two, three, even four times more.
The single biggest reason: they never learned to transfer Chase points to Hyatt.
Hyatt is — and has been for years — the most valuable transfer partner in the entire Chase ecosystem. The math is rarely close.
Quick answer
You transfer Chase Ultimate Rewards to your World of Hyatt account at a 1:1 ratio, instantly, through the Chase Travel portal. The transfer is one-way and irreversible.
For most travelers, Hyatt is the best Chase transfer partner because Chase points transfer 1:1 and Hyatt routinely delivers 2-4+ cents per point, while cash back only delivers 1 cent per point. The cheapest wins come from Hyatt sweet spots under 15,000 points.
| Redemption Method | Value of 100,000 Chase Points |
|---|---|
| Cash back | ~$1,000 |
| Chase Travel portal | ~$1,250 – $1,500 |
| Hyatt transfers | ~$2,500 – $4,000+ |
💡 Pro tip — Never transfer Chase points to Hyatt on speculation. Only transfer when you have a specific booking ready and award availability confirmed for the exact dates you want.
Key takeaway: Chase → Hyatt is 1:1, instant, irreversible. Hyatt typically returns 2–4× more value than cash back or the Chase Travel portal — but only when you transfer with a specific reservation already lined up.
How to transfer Chase points to Hyatt (5 steps)
- Log into your Chase account and open the Ultimate Rewards / Chase Travel dashboard.
- Select Transfer to Travel Partners and choose World of Hyatt.
- Link your World of Hyatt account number (a one-time step).
- Enter the transfer amount in 1,000-point increments (1:1 ratio).
- Confirm — points post to Hyatt in about 5–15 seconds.
Why most people waste Chase points
The first instinct most Ultimate Rewards holders have is to redeem for cash. It feels safe. It feels simple.
It is also the worst-value option Chase offers.
| Redemption Choice | Value Per Point | What 100,000 Points Gets You |
|---|---|---|
| Statement credit / cash back | 1.0¢ | $1,000 |
| Amazon checkout | 0.8¢ | $800 in Amazon spend |
| Apple Pay / PayPal | 0.8¢ | $800 |
| Gift cards | 0.8 – 1.0¢ | $800 – $1,000 |
| Chase Travel portal (standard) | 1.0¢ | $1,000 |
| Chase Travel portal (CSR 1.5¢ tier) | 1.5¢ | $1,500 |
| Best transfer partner (Hyatt) | 2.0 – 4.0¢+ | $2,000 – $4,000+ |
⚠️ Biggest mistake — Redeeming Ultimate Rewards as a statement credit, or worse, against an Amazon purchase at checkout. You're locking in the lowest possible exit rate Chase will give you.
The Chase Travel portal is better than cash. With Sapphire Reserve you redeem points at 1.5 cents through Chase Travel — a respectable floor.
But the ceiling is the transfer partners. And among the 14 partners Chase offers, Hyatt is the one that consistently outperforms for the broadest set of travelers.
Key takeaway: cash back and Amazon redemptions are the cheapest exit Chase will give you. The travel portal is a respectable floor. Transfer partners — Hyatt above all — are where the ceiling lives.
For the full hierarchy of every redemption option ranked by value, see how to redeem Chase Ultimate Rewards for maximum value.
Step-by-step: how to transfer Chase points to Hyatt
The actual transfer takes about 90 seconds once you have both accounts set up. Here's the full sequence.
Step 1 — Log into your Chase account
Go to chase.com and sign in. Click into your Ultimate Rewards-earning card (Sapphire Preferred, Sapphire Reserve, or Ink Preferred). If you don't hold one yet, compare the best credit cards for Hyatt stays 2026 first.
Click the Rewards tab. You'll see your full UR balance plus the redemption menu.
Which Chase cards can transfer to Hyatt
| Chase Card | Transfer eligibility | Important notes |
|---|---|---|
| Chase Sapphire Preferred | Yes | Moving from 1:1 to a 4:3 ratio (Oct 1, 2026 for existing holders) |
| Chase Sapphire Reserve | Yes | Keeps 1:1; redeems at 1.5¢ in the Chase Travel portal |
| Chase Ink Business Preferred | Yes | Moving from 1:1 to a 4:3 ratio (Oct 1, 2026 for existing holders) |
| Chase Ink Business Cash | Via pooling only | UR must pool onto a Sapphire / Ink Preferred first to reach Hyatt |
📷 [SCREENSHOT: Chase Ultimate Rewards Dashboard — points balance + Rewards tab]
Step 2 — Open transfer partners
From the Rewards dashboard, look for "Transfer points" or "Earn / Use". Click through to the transfer partners page.
You'll see all 14 partners — 11 airlines plus 3 hotel chains (Hyatt, Marriott Bonvoy, IHG One Rewards).
📷 [SCREENSHOT: Chase Transfer Partners page showing the 14-partner grid]
Step 3 — Link your World of Hyatt account
Before transferring, Chase needs to know which Hyatt account to send the points to. First-timers will be asked to link by entering their World of Hyatt member number and last name.
The name on the Hyatt account must match the name on the Chase account exactly. Otherwise the link fails.
⚠️ Warning — name mismatch — If your Chase profile says "John Smith" but your Hyatt account is "John A Smith", the link can reject. Use the exact name on the Chase account, or update one to match before linking.
Step 4 — Enter the transfer amount
Choose the points you want to transfer. Minimum transfer is 1,000 points; transfers are in increments of 1,000.
The page shows the conversion. From the Sapphire Reserve it is 1,000 Ultimate Rewards = 1,000 World of Hyatt points (1:1). From the Sapphire Preferred and Ink Business Preferred, the ratio becomes 4:3 under the June 2026 change (already live for new CSP applicants since June 15, 2026; October 1, 2026 for existing holders) — 4,000 UR = 3,000 Hyatt points. Chase has never run a transfer bonus to Hyatt — don't wait for one.
📷 [SCREENSHOT: Transfer amount screen — example 60,000 Chase UR → 60,000 Hyatt points]
Step 5 — Confirm and watch points arrive
Click Confirm. Hyatt is one of the fastest transfer partners in the entire points universe — points typically arrive in your Hyatt account in 5-15 seconds.
You'll get an email confirmation from both Chase and Hyatt. Refresh world.hyatt.com and your new balance is live.
📷 [SCREENSHOT: Hyatt transfer confirmation screen with new balance highlighted]
⚠️ CRITICAL: Transfers are one-way and irreversible. Once your Ultimate Rewards leave your Chase account, they cannot come back. Never transfer without a confirmed award reservation ready to lock in.
Key takeaway: log in → click Rewards → click Transfer → link Hyatt → choose amount → confirm. The transfer itself completes in seconds. The discipline part is making sure you have a confirmed award reservation before you press the button.
Why Hyatt is usually the best Chase transfer partner
Chase offers 14 transfer partners. They are not equal.
Here's how typical redemption value per point breaks down across the partners most beginners consider:
| Partner | Typical Value Per Point | When It Wins |
|---|---|---|
| Cash back | 1.0¢ | Never — it's the floor |
| Chase Travel portal (1.5¢ tier) | 1.5¢ | Domestic economy when no award space |
| Marriott | 0.6 – 0.9¢ | Almost never — bad transfer ratio + dynamic pricing |
| Southwest Rapid Rewards | 1.3 – 1.5¢ | Specific Southwest routes + Companion Pass |
| United MileagePlus | 1.2 – 1.8¢ | Star Alliance partner awards |
| British Airways Avios | 1.2 – 1.5¢ | Short-haul American + Iberia premium |
| Air France / KLM Flying Blue | 1.3 – 1.6¢ | Promo Awards to Europe |
| Hyatt | 2.0 – 4.0¢+ | Almost always — especially Cat 1-4 + aspirational suites |
The reason Hyatt dominates is the award chart. World of Hyatt still publishes a fixed point cost per category, while every other major hotel chain has moved to fully dynamic pricing pegged to cash rates.
That means when cash rates spike during high season, holidays, or events, Hyatt award rates don't move. You pay the same point cost whether the cash rate is $250 or $1,250 a night.
💡 Pro tip — The best Hyatt redemption value usually shows up at the top and bottom of the chart. Off-peak Category 1-3 properties deliver insane 4-5¢+ per point because the cash rate stays elevated even off-peak. Aspirational properties like Park Hyatt Tokyo deliver 4-6¢+ when cash hits peak ($1,500-$2,500/night).
For the full category-by-category breakdown, see the World of Hyatt award chart 2026. Here's how the May 20, 2026 chart's published endpoints (Lowest/Saver → Top tier) translate into Chase points at 1:1 (CSR) versus 4:3 (CSP after Oct 1):
| Hyatt category | Hyatt points (Lowest → Top) | UR at 1:1 (CSR) | UR at 4:3 (CSP post-Oct 1) |
|---|---|---|---|
| Cat 1 | 3,000 → 9,000 | 3,000 → 9,000 | 4,000 → 12,000 |
| Cat 2 | 6,000 → 15,000 | 6,000 → 15,000 | 8,000 → 20,000 |
| Cat 4 | 12,000 → 25,000 | 12,000 → 25,000 | 16,000 → 33,400 |
| Cat 7 | 25,000 → 55,000 | 25,000 → 55,000 | 33,400 → 73,400 |
| Cat 8 | 35,000 → 75,000 | 35,000 → 75,000 | 46,700 → 100,000 |
(Hyatt publishes only the Lowest/Saver and Top endpoints per category; the three intermediate tiers price in between — always verify the live rate at world.hyatt.com.)
Key takeaway: Hyatt is the only major hotel chain that still uses an award chart in 2026. That's why it consistently beats every other Chase partner — even when others look attractive on paper.
What 100,000 Chase points can actually buy
Same 100,000 Ultimate Rewards. Four very different trips. Each is realistic with 2026 pricing.
Scenario A — Budget traveler
🏨 [IMAGE: Hyatt Place / Hyatt House — interior shot]
Two weekend getaways at Category 2 Hyatt Place or Hyatt House properties.
| Hotel | Nights | Cash Price | Points Cost | Value |
|---|---|---|---|---|
| Hyatt Place LAX (off-peak) | 4 | ~$640 | 12,000 | 5.3¢/pt |
| Hyatt House Charlotte (standard) | 4 | ~$680 | 16,000 | 4.2¢/pt |
| Total | 8 nights | ~$1,320 | 28,000 | ~4.7¢/pt |
You walk away with 72,000 Ultimate Rewards left after 8 nights of paid-equivalent stays.
Scenario B — Family vacation
🏨 [IMAGE: Hyatt Regency — pool deck shot]
A week at a Category 4 Hyatt Regency with the family.
| Hotel | Nights | Cash Price | Points Cost | Value |
|---|---|---|---|---|
| Hyatt Regency Coconut Point (peak) | 5 | ~$2,250 | 75,000 | 3.0¢/pt |
| Globalist 5th-night-free benefit | — | — | −15,000 | bonus |
| Total (4 nights paid + 1 free) | 5 nights | ~$2,250 | 60,000 | 3.75¢/pt |
Globalist members get the 5th night free on Cat 1-7 awards, turning 75,000 into 60,000 net.
Scenario C — Luxury traveler
🏨 [IMAGE: Grand Hyatt — rooftop suite view]
Three nights at Grand Hyatt Kauai, peak season.
| Hotel | Nights | Cash Price | Points Cost | Value |
|---|---|---|---|---|
| Grand Hyatt Kauai (peak) | 3 | ~$2,700 | 90,000 | 3.0¢/pt |
You used 90,000 points to lock in $2,700 of stay value. Cash back on the same 100K would have been $1,000. Hyatt 2.7× outperforms.
Scenario D — All-inclusive resort
🏨 [IMAGE: Hyatt Ziva / Hyatt Zilara — beach + pool aerial]
A long weekend at Hyatt Ziva (family-friendly) or Hyatt Zilara (adults-only) all-inclusives.
| Hotel | Nights | Cash Price | Points Cost | Value |
|---|---|---|---|---|
| Hyatt Ziva Cap Cana (peak) | 3 | ~$2,400 | 105,000 | 2.3¢/pt |
| Hyatt Zilara Cancun (peak) | 2 | ~$2,100 | 70,000 | 3.0¢/pt |
All-inclusives bundle food, drinks, and activities into the cash rate, so the effective per-point value is even higher than the headline number suggests.
Key takeaway: 100,000 Chase points can be $1,000 of Amazon spend or $2,700 of luxury Hyatt suite. Same point balance. Completely different trip.
Hyatt sweet spots after May 2026
Hyatt rolled out a revised award chart on May 20, 2026 — restructuring the 8-category system (each with peak/standard/off-peak tiers) toward a more consolidated framework. Some properties moved up. Some moved down. None moved to dynamic pricing.
That structural choice — fixed-rate per tier, not pegged to cash — is what keeps Hyatt #1 in the industry.
Key numbers
| What | Value | Why it matters |
|---|---|---|
| 1:1 | Chase UR → Hyatt transfer ratio | Unchanged; instant transfers |
| 5-15 seconds | Transfer completion time | Fastest transfer in the points universe |
| 3,500 | Off-peak Category 1 Hyatt rate (in points) | Lowest cost per night in hospitality |
| 2.0 – 4.0¢ | Typical cents per point on Hyatt redemptions | Vs 1.0¢ cash back |
| 5th night free | Globalist benefit on Cat 1-7 award stays | Effective 20% discount |
| 45,000 | Cap on top-tier peak rates | Capacity-controlled inventory |
What survived the May 2026 reset
- Off-peak rates on Cat 1-4 properties — still the strongest in hospitality
- 5th night free for Globalist members on Cat 1-7 award stays
- Fixed-rate award chart — no dynamic-pricing creep (yet)
- 1:1 Chase UR transfer ratio — completely unchanged
Where value still lives
- Cat 1 off-peak: 3,500 points per night for a Hyatt Place or Hyatt House
- Cat 4 off-peak: 12,000 points per night — many resorts and city Hyatt Regency properties
- Park Hyatt and Andaz properties: Tokyo, Maldives, Sydney consistently print 3-6¢/pt
- Hyatt Ziva / Zilara all-inclusives: Cap Cana, Cancun, Rose Hall — cash rates run $700-$1,200/night
📌 Note — Always verify current Hyatt category and seasonal pricing at world.hyatt.com before transferring. Categories shift a few times per year and can change with no warning.
For a deeper dive on which specific properties to target post-reset, see our Hyatt sweet spots after May 2026 analysis.
Key takeaway: Hyatt's May 2026 chart reshuffle re-tiered the categories but kept the award-chart structure intact. Fixed-rate redemptions, the 5th-night-free benefit, and Cat 1-4 off-peak rates still anchor the best transfer-partner value in the industry.
Chase Travel portal vs Hyatt transfer
You've got Chase points. You need a hotel. Should you book through the Chase Travel portal or transfer to Hyatt?
| Category | Chase Travel portal | Hyatt transfer |
|---|---|---|
| Ease of use | Higher — books like Expedia | Lower — transfer + book on Hyatt site |
| Flexibility | Higher — cancel like a cash booking | Lower — Hyatt cancellation rules apply |
| Earn elite credits | No nights earned | Yes — counts toward Globalist status |
| Luxury / aspirational properties | 1.5¢/pt cap | 3-6¢/pt possible on Park Hyatt + Andaz |
| Family / Cat 4 resorts | Fair value | Excellent — 5th night free amplifies |
| Average redemption value | 1.5¢/pt (CSR tier) | 2-4¢/pt typical |
| Winner | Flexibility cases only | 9 of 10 hotel redemptions |
The portal wins exactly when: (1) the property isn't a Hyatt, (2) you genuinely need cancel-anytime flexibility, or (3) the Hyatt cash rate is unusually low.
💡 Pro tip — Even when the Hyatt cash rate is lower than the portal price, transferring still wins if you'd earn elite-credit nights, the 5th night free, or both.
Key takeaway: portal is easy; Hyatt is valuable. Portal wins on flexibility; Hyatt wins on value. For 9 of 10 hotel redemptions, transferring to Hyatt is the right move.
The 4:3 transfer change (CSP & Ink Preferred holders)
From October 1, 2026, Chase Sapphire Preferred and Ink Business Preferred transfer to Hyatt at 4:3, not 1:1 — 40,000 UR yields 30,000 Hyatt points (33% worse). Sapphire Reserve keeps 1:1.
| UR needed | Hyatt points | |
|---|---|---|
| CSP before Oct 1 (1:1) | 40,000 | 40,000 |
| CSP after Oct 1 (4:3) | 40,000 | 30,000 |
| CSR anytime (1:1) | 40,000 | 40,000 |
Deciding whether to transfer now, upgrade to CSR, or wait is a full decision — see the Chase → Hyatt 4:3 strategy guide.
When you SHOULD transfer Chase points to Hyatt
A clean go-no-go checklist before you click confirm:
- ✓ You have a specific reservation in mind with locked dates
- ✓ You checked award availability on world.hyatt.com first
- ✓ You screenshotted the available rate so you can rebook the exact nights immediately
- ✓ The redemption value is at least 2.0¢/pt
- ✓ You're traveling within 12 months — don't speculate further out
- ✓ The booking can't be done better on the Chase Travel portal at 1.5¢/pt
When you should NOT transfer
If any of these are true, do not transfer:
- ✗ You have no specific trip planned ("just in case" is a bad reason)
- ✗ The award space isn't showing on the Hyatt site for your dates yet
- ✗ The redemption clears under 1.5¢/pt — the portal does the same job
- ✗ The cash rate is unusually low (sub-$100 for Cat 1, sub-$200 for Cat 4)
- ✗ You're chasing a property with no confirmed availability
- ✗ You're transferring to wait for a transfer bonus — Chase has never run one to Hyatt and likely never will
⚠️ Remember — Chase Travel portal redemptions can be reversed. Transfers cannot. Discipline matters more than enthusiasm.
Key takeaway: every transfer is a one-way bet. The bet pays when there's a real reservation, real availability, and real value. It loses when any one of those is missing.
Real examples
Three actual decision points. Real cents-per-point math.
Case study #1 — Off-peak Hyatt Place weekend
Situation: Houston traveler, 3-night Hyatt Place stay near Galveston, off-peak weekend in February.
Math:
- Cash rate: $185/night × 3 nights = $555
- Award rate: 3,500 points/night × 3 nights = 10,500 points
- Effective value: 5.3¢/pt
Decision: Transfer 11,000 Chase UR → Hyatt. Book the award. Keep 89,000 UR for the next trip.
Result: Pulled $555 of value out of 11,000 points. Same trip redeemed as cash back: $110. Hyatt 5× outperformed.
Case study #2 — Anniversary weekend at a Park Hyatt
Situation: Couple celebrating an anniversary. Three nights at Park Hyatt Aviara (San Diego). Peak weekend.
Math:
- Cash rate: $725/night × 3 nights = $2,175
- Award rate: 30,000 points/night × 3 nights = 90,000 points
- Effective value: 2.4¢/pt
Decision: Transfer 90,000 Chase UR → Hyatt. Book the suite. Used welcome offer + 2 months of dining + travel spend to fund it.
Result: $2,175 trip on 90,000 points. The same balance redeemed as cash back: $900. Hyatt delivered 2.4× more value.
Case study #3 — When NOT to transfer
Situation: Same couple. Different week. Hyatt House Salt Lake City, weeknight in shoulder season.
Math:
- Cash rate: $98/night × 2 nights = $196
- Award rate: 8,000 points/night × 2 nights = 16,000 points
- Effective value: 1.2¢/pt
Decision: Pay cash. Bank the 16,000 Chase UR for a higher-value redemption later.
Result: Better to spend $196 cash than burn 16,000 points at 1.2¢/pt — well below their 2.0¢/pt floor.
Key takeaway: every transfer decision is a cents-per-point calculation. If the redemption clears 2.0¢/pt you almost always transfer. If it's under, pay cash and bank the points.
Use our free Trip Planner
Built into CreditPoints, our Trip Planner does the math for you.
Enter:
- Departure airport
- Destination
- Travel month
- Number of travelers
- Cabin (economy or business)
The planner returns:
- Best transfer partner for the route
- Estimated points required
- Hyatt opportunities at the destination
- Recommended hotel categories and properties
It's free, no login required, no bank connection. Try it before your next transfer.
💡 Pro tip — Run the planner first. If the destination has a Cat 1-4 Hyatt and your route also has good Star Alliance award space, you can stack airline + hotel transfers from the same Chase UR balance and pay for the entire trip in points.
Earn more UR for Hyatt transfers with business cards
Chase Ink business cards are among the best ways to accelerate UR earnings for Hyatt transfers. They don't count toward your 5/24 total after approval:
- Ink Preferred — 3x UR on advertising, shipping, internet/cable/phone, and travel. A business spending $3,000/month on ads earns 108,000 UR/year — enough for multiple Category 1–4 Hyatt nights annually.
- Ink Cash — 5x on office supplies and internet/telecom. Pairs with Preferred to maximize category coverage.
All Ink UR points pool onto your Sapphire and transfer to Hyatt identically to points earned on personal cards.
Also consider: Hyatt Business earns Hyatt points directly (4x at Hyatt properties, 2x on dining/travel/fitness/commuting) and includes automatic Discoverist status — valuable for frequent Hyatt stayers who want to close the gap to Globalist.
See: World of Hyatt Business Card | Best Business Credit Cards 2026
Related Chase + Hyatt reading
- Chase Sapphire Reserve 150K welcome offer 2026 — the largest CSR offer Chase has run in years
- Chase 5/24 rule explained — what you need to know before applying for a Sapphire or Ink
- Chase Ink Business Cards Guide — complete guide to the Ink trifecta
- Hyatt sweet spots after May 2026 — the deep dive on post-reset categories
- Trip Planner — free tool to model your next trip
Bottom line
For the typical Chase Sapphire or Ink cardholder sitting on 50,000+ Ultimate Rewards points, Hyatt is almost always the best redemption available.
The mechanics are simple — log in, click Transfer, select Hyatt, enter the amount, confirm. The discipline is harder — only transfer when you have a confirmed reservation, an at-least 2.0¢/pt redemption, and a near-term travel plan.
Hyatt usually wins because:
- Fixed-rate award chart — no dynamic pricing creep
- 1:1 transfer ratio, no bonuses ever (or needed)
- Sub-15-second transfers
- Off-peak Cat 1-4 rates that no other hotel chain matches
- 5th-night-free benefit for Globalist members
When you shouldn't transfer:
- No specific booking ready
- Award space not showing
- Redemption clears under 2.0¢/pt
- Cash rate is unusually low
Best next step: open the Trip Planner, enter your next trip, and let the math show you whether a Hyatt transfer wins for your specific dates.
Your Chase points are worth a lot more than the cash-back screen shows. The hard part is knowing when to use them.
Compare deeper
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Frequently asked questions
Do I need a Chase Sapphire card to transfer points to Hyatt?
Can I cancel a Hyatt award and get my points back?
Can I transfer Chase points to Hyatt?
What is the Chase to Hyatt transfer ratio?
How long does the Chase to Hyatt transfer take?
Which Chase cards can transfer points to Hyatt?
Can I transfer Chase points to someone else’s Hyatt account?
Is the Chase to Hyatt transfer reversible?
What is the minimum Chase to Hyatt transfer?
What is the best Chase transfer partner overall?
How much are Hyatt points actually worth?
Can I get 4 cents per point on Hyatt redemptions?
Does Chase ever run transfer bonuses to Hyatt?
How many Hyatt points do I need for a free night?
Should I transfer Chase points to Hyatt or use the Chase Travel portal?
What if my Hyatt award room shows “not available”?
Can Hyatt points expire?
Is it better to get a World of Hyatt card or just transfer from Chase?
Can I transfer Chase points to Hyatt and then to another loyalty program?
Why is my Chase to Hyatt transfer not showing up?
Will the 4:3 change affect CSR transfers?
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