OMAAT wrote about this as well. Honestly I’m a bit surprised, and I know the devaluations keep coming but at some point there has to be an inflection point (clearly we haven’t reached it nor are we probably close). This is a double whammy with the Hyatt chart deval too.

i also don’t like that now different cards have different transfer ratios between partners—it’s hard to keep up, and yes, I know that’s also the point.