Here's a look at all of your options: Transfer to travel partners That being said, you should aim for the highest value whenever possible. Points are here to save you money and you should use them when it suits you. The "best" option comes down to your travel needs. When it comes to redeeming Ultimate Rewards points, you have three basic options: Cash back, Ultimate Rewards travel portal bookings and transfers to travel partners. Best ways to redeem Chase Ultimate Rewards points Knowing how to make the best points redemption at the best time is easy with the free TPG App! Download it for free today. Here are some of the best ways to redeem Ultimate Rewards points for maximum value: It's a good idea to compare your options to determine the best value for your points. From there, you can use them for premium travel bookings like first-class flights and luxury hotels. If you want to truly maximize your Ultimate Rewards points, the best option is often to transfer them to one of 14 airline or hotel partners. It's straightforward and convenient.īy signing up, you will receive newsletters and promotional content and agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. This is an excellent redemption option for folks who don't want to deal with complicated award program rules. ![]() ![]() If you have a Chase Sapphire Preferred, your points are worth 1.25 cents each, while Chase Sapphire Reserve cardholders get a higher valuation of 1.5 cents per point. You can use your Chase points for virtually any kind of travel booking: Flights, hotels, cruises, tours and rental cars. However, if you use your points to book travel through the Chase Ultimate Rewards portal or transfer them to a travel partner, you can often get a higher value per point. If you redeem your points for cash back or statement credits, each point is typically worth 1 cent. The actual value you get from these points depends on how you redeem them. TPG values Ultimate Rewards points at 2 cents each, which is what you should aim for when redeeming them. Want more credit card news and advice from TPG? Sign up for our daily newsletter! How much are Ultimate Rewards points worth? If you're ready to get serious about traveling more for less, here's everything you need to know about Chase transfer partners and the best ways to redeem your Chase Ultimate Rewards points. ![]() Plus, thanks to the Chase Sapphire Preferred Card's current welcome bonus of 60,000 points after you spend $4,000 on purchases in the first three months from account opening. This transferable points currency gives you access to some of the best hotel and airline transfer partners in the business, as well as the easy-to-use Chase Travel portal that allows you to cover a wide variety of different costs for your trip, including car rentals, hotels, flights, tours and activities, as well as some everyday expenses.ĭespite increasing competition from American Express Membership Rewards, Citi ThankYou points and Capital One miles, Chase Ultimate Rewards maintains its place as one of the most valuable points currencies on the planet. ![]() There are a few facts of life - never wake a sleeping baby, always say yes to homemade cake and you can never, ever have too many Chase Ultimate Rewards points.
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