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newsJul 24, 2026

Chase Devaluation and Why Hyatt Categories Are Losing Relevance

Chase faces another devaluation as Hyatt categories become less meaningful for award travelers, plus a $50 Amex credit and more.

3 min read

Event date: Jul 24, 2026 · By Oleg Manko

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Credit cards, Hyatt hotel, and mobile phone representing rewards devaluation and changing loyalty programs

A new wave of changes is shaking up the points and miles world: Chase has announced another devaluation, and the traditional Hyatt hotel category system is becoming less relevant for award travelers. Meanwhile, Amex is offering a $50 goodwill credit, and a popular points app just wrapped up a major sale.

Our Take

Mixed. This is a tough blow for Chase and Hyatt loyalists who rely on predictable value, but it also signals a shift in how travelers should approach hotel redemptions. The devaluation erodes the value of Chase points for some, while the fading importance of Hyatt categories means flexibility is more important than ever.

What Changed

  • Chase has implemented another devaluation, reducing the value of points for certain redemptions (details not specified in the source).
  • Hyatt's traditional category system is becoming less relevant, making it harder to predict award pricing.
  • Amex is offering a $50 goodwill credit (limited time, details in source).
  • A popular miles & points app had a half-off sale, which ended the day of the Miles to Memories post.

Who Benefits Most

  • Flexible travelers who can shift their bookings to maximize value as award charts become less predictable.
  • Amex cardholders who can take advantage of the $50 goodwill credit for statement savings.
  • Points app users who acted quickly to snag the half-off deal before it expired.
  • Two-player system strategists who can still find ways to stack offers and extract value despite devaluations.

Who Should Be Cautious

  • Chase Ultimate Rewards loyalists who depend on fixed redemption values—devaluations mean your points may not stretch as far.
  • Hyatt loyalists who plan trips far in advance based on category pricing—award rates may now fluctuate unpredictably.
  • Travelers who missed the app sale—the window for easy savings has closed.

What To Do Right Now

  1. Review your Chase points strategy and look for alternative transfer partners or redemption options.
  2. If you hold an Amex card, check your account for the $50 goodwill credit and apply it promptly.
  3. For Hyatt bookings, focus on flexibility and monitor award rates closely rather than relying on category charts.
  4. Stay alert for future app sales or promotions, as these can offer significant value for points enthusiasts.

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Frequently Asked Questions

What does the Chase devaluation mean for my points?
It means your points may now be worth less for certain redemptions. Always check current transfer and redemption rates before booking.
Are Hyatt categories still useful for planning award stays?
Not as much—Hyatt is moving toward more dynamic pricing, so categories are less predictive of award costs.
How can I get the Amex $50 goodwill credit?
Check your Amex account or recent communications for eligibility. This is a limited-time offer mentioned in the Miles to Memories recap.
Is the points app half-off sale still available?
No, the sale ended the day of the Miles to Memories post. Watch for future promotions for similar deals.

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