Today's theme: two hard deadlines land inside the next four days — one that quietly shrinks what your Chase points are worth, and one that quietly shrinks what your no-fee card protects.

Chase just dropped the richest Marriott transfer bonus it has ever run — on the same day Wyndham quietly made a third of its hotels more expensive.

The loyalty map got redrawn this week: Hyatt traded American for Delta, Wyndham's award chart devalues today, and Chase quietly turned a forgotten co-brand into one of the best-value cards on the market.

Today is a deadline day: one hotel program devalues at midnight, three transfer bonuses are on the clock, and Chase just made a serious play for Air Canada flyers.

Today is a deadline board, not a news day: four of the five stories below have a clock on them, and two of those clocks run out inside 72 hours.

October 1 is the hinge this week: Chase takes something away from one Sapphire card and hands something to the other on the exact same day — and in Washington, a fight started Friday that could eventually reprice every rewards card in your wallet.

Issuers did the talking yesterday: Chase repriced its Air Canada card, Amex went to a record on Hilton, and Marriott opened two doors at once.

Hyatt leaves American for Delta, Wyndham's top hotels jump to 45,000 points in five days, and Amex's 30% Avios bonus leads a stacked transfer board.

Five 30% transfer bonuses are live, TPG's new valuations put Bilt back on top, and premium card offers are running hot.