The deals worth moving on this week
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Two clocks are running. The first is short. The Chase Ultimate Rewards 70 percent transfer bonus to IHG One Rewards closes Thursday, April 30. The second is longer but more consequential. On May 20 at 8 a.m. Central, World of Hyatt rebuilds its award chart, and 112 properties are moving up in category. The window between now and then is the best booking window of the year for anyone holding Hyatt points.
Three deals worth your attention.
Chase to IHG, 70 percent, four days left
Through April 30, 1,000 Chase Ultimate Rewards points become 1,700 IHG One Rewards points. That is the cleanest IHG transfer math in recent memory. IHG points typically run around half a cent each in practice, which is why you do not normally hear me push transfers in. At a 1.7 ratio, the redemption math improves enough to make the top of the IHG portfolio interesting. Specifically the Regent, InterContinental, Six Senses, and Kimpton properties where rack rates exceed 1,500 dollars a night.
Do not transfer speculatively. Find your dates, confirm award availability on IHG's site, then move only what you need. Transfers from Chase are usually instant but can take up to a day during high traffic windows. Bonus expires April 30, 2026.
Hyatt's chart change, lock in by May 20
World of Hyatt is overhauling its award chart on May 20, 2026 at 8:00 a.m. Central. The chart expands from three redemption tiers per category to five. 136 individual hotels are shifting categories the same day. 112 are moving up. 24 are moving down. The new top tier raises ceiling pricing by up to 67 percent over today at the most aspirational properties.
Two mechanics matter. First, any free night or Points and Cash reservation booked before the May 20 cutoff prices at current rates, even if your stay is later in the year. Second, if your hotel ends up moving down a category, World of Hyatt will issue a one-time points refund. Which means a speculative pre-cutoff booking inside Hyatt's standard cancellation rules is essentially zero downside.
If you have been sitting on a Hyatt balance and a wishlist, this is the booking week. The highest-leverage targets are the Park Hyatts in Europe and Asia, particularly Park Hyatt Milan, Park Hyatt Vienna, Park Hyatt Paris-Vendome, and Park Hyatt Tokyo. Property-by-property impact is laid out in this One Mile at a Time breakdown and The Points Guy's coverage.
Marriott Bonvoy Bevy at 175,000, ends May 13
The Marriott Bonvoy Bevy American Express is at 175,000 bonus points after 5,000 dollars in eligible purchases in the first six months. Annual fee 250 dollars. Offer closes May 13, 2026.
Two reasons this one is worth looking at. First, this is the highest welcome offer in Bevy history. The card has cycled between 85,000 and 155,000 points for most of its life, so 175,000 is a real high water mark. Second, the spend requirement is unusually friendly. 5,000 dollars in six months is well below where the Brilliant and Bonvoy Business sit, which puts the card in reach without any cash flow gymnastics.
In real-world redemption terms, 175,000 Bonvoy points is roughly three to four nights at a top tier St. Regis or Ritz-Carlton in the off-peak bucket, a week at a mid-tier European Bonvoy property with the fifth night free, or two nights at the W Maldives in the lowest peak window. Comp Marriott Gold elite status is included.
Two cautions. Amex applies its once-per-lifetime rule across the Marriott consumer card family, so run the pre-qualification checker before applying. And the Brilliant 200,000 offer also closes on May 13, so this is the comparison week for anyone weighing the two.
Card application links and a short walkthrough on stacking these moves are here. If you want a second set of eyes on whether to pull a Hyatt booking before May 20, contact me.
