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Frequent Miler on the Air

Citi devalues hotel transfers | Coffee Break Ep98 | 3-24-26

Frequent Miler on the Air

Frequent Miler

Aviation, Places & Travel, Society & Culture, Leisure

4.9638 Ratings

🗓️ 24 March 2026

⏱️ 22 minutes

🧾️ Download transcript

Summary

For many years, Chase (and later Bilt) was the only transferable points program with valuable hotel options. Namely: Hyatt. But Citi changed that with Choice and I Prefer, offering high transfer rates that made these transfers worth while.

Read more about the devaluation here: https://frequentmiler.com/ouch-citi-decreasing-transfer-ratio-to-choice-and-preferred-on-4-19-26/

(02:07) - Hyatt's announced award changes seemed to cement Citi as the best transferable points for hotels...

(02:25) - April 19, 2026 is Citi ThankYou Rewards hotel transfer doomsday. Transfer ratios to Choice and Preferred Hotels are dropping.

(03:48) - Examples

(06:02) - Questions: Will the new transfer ratios still be worthwhile?

(12:01) - Should we transfer before April 19th?

(17:59) - Is the Citi ecosystem dead to us?

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Music Credit – Beach Walk by Unicorn Heads

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Transcript

Click on a timestamp to play from that location

0:00.0

This is a Voyescape podcast.

0:03.9

You can find all of our travel podcasts from around the world at voyescape.com.

0:11.0

Welcome to Freakimilers Coffee Break, where we focus on a single topic related to miles and points.

0:16.6

And each coffee break is limited to 20 minutes or less or your money back.

0:23.2

Today's coffee break, city devalues hotel transfers.

0:28.0

Boo!

0:29.1

For many years, Chase was the only transferable points program with a valuable hotel option, namely Hyatt.

0:36.5

Later Bilt came along, and then there were two transferable points programs that were valuable for hotels because Hyatt points are worth a lot.

0:45.3

So there were and still are other transferable points programs that transfer to different hotels, but most of those situations bring you poor value

0:58.9

for your transferable points because most of those transfers are one-to-one, and most hotel

1:04.6

points other than Hyatt are worth less than a penny each. And so it's like, you know, it's worse than cashing out your transferable points for a penny each and so you so it's like you know it's worse than

1:11.7

cashing out your transferable points for a penny each even Hilton where where

1:16.0

Amex transfers one to two Hilton points tend to be worth less than a half a cent

1:21.8

each so it's still worse than than cashing out at a penny per point so So again, you know, Chase and Bill were the only

1:31.4

good options because Hyatt points were so valuable. And then City changed that in recent years

1:37.7

because they started offering to double your points when you transfer to choice. So

1:43.5

city points, each city point became two choice points.

1:47.3

And even more exciting, they started quadrupling points transferred to preferred hotels to their I prefer program.

1:56.9

So you got for every one city point transfer, you've got four I prefer points.

2:03.0

And so that was an exciting set of changes in the city ecosystem.

2:09.4

And still many people, including most of us in Freedomail, are still preferred transferring to Hyatt, but this was a great alternative.

2:18.9

And then recently Hyatt announced award price changes that are coming up starting in May, I think.

...

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