Purchase airfare, hotel or other travel through the Chase Ultimate Rewards program portal ($750 value) – You may redeem the points through the Ultimate Rewards portal at a 25% higher value.Īs an example of using the bonus points, imagine you are planning to use the 60,000-point bonus on an upcoming trip. Since the points on these partner programs may vary in value depending on how and when you use them, the actual value of your transferred Chase points may be more or less than 1:1. Transfer points to a partner airline frequent flyer or hotel program ($600 variable value) – Chase Ultimate Rewards partners with eleven airlines and three hotel chains, so you can easily transfer your Chase points to your preferred partner program at a one-penny-per-point ratio. You may redeem any amount for deposit into your checking or savings account – at Chase or other major banks – or as a statement credit on your Sapphire Preferred account. You may use the 60,000 bonus points in several ways.Ĭash Back ($600 value) – By logging into your Chase Ultimate Rewards account, you will see options for cash back at the rate of one penny for each point. For example, WalletHub found that Chase credit cards provide the best rental car insurance coverage. Hotel and other travel expenses are excluded from this perk.įinally, Chase cards are highly rated for their travel perks. Most cards do not let customers earn frequent flyer miles when booking with their travel card but the Chase Sapphire Preferred card allows you to accrue frequent flyer miles when booking air travel, increasing the overall value of your points. This card also stands out for its ability to help you rack up frequent flyer miles. And you get 25% more value when you redeem points for airfare, hotels, car rentals and cruises through the Chase Ultimate Rewards portal for example, 10,000 points are worth $125 toward travel. You can transfer your Chase points to any of its eleven airline partners at a one-to-one rate. The Chase Ultimate Rewards program outperforms many of its competitors for ease of use and the value of its points.
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