Chase Ultimate Rewards® points are known for packing an impressive punch and delivering some of the highest value in the credit card rewards business.
Beyond convenience, Chase points have the potential to be worth 50% or 100% more when they are redeemed through the Chase Ultimate Rewards travel portal by using Chase's Points Boost feature.
And if travel loyalty programs are your thing, Chase points can score you a bigger bang for your buck with higher-than-average redemption rates when transferred to one or more of Chase's dozen-plus airline and hotel partners.
Below, CNBC Select breaks down some of our favorite ways to redeem Chase Ultimate Rewards® points.
Transfer to airline or hotel partners
The Chase travel portal is a great place to book travel fast, but transferring points to one of Chase's 14 travel partners will stretch your rewards even further.
Ultimate Rewards® points can be transferred to travel partners at a 1:1 ratio (unless marked) with the Chase Sapphire Preferred® Card (see rates and fees), Chase Sapphire Reserve® (see rates and fees), Sapphire Reserve for BusinessSM (see rates and fees) or Ink Business Preferred® Credit Card (see rates and fees). You can transfer points to the following partners:
Chase Ultimate Rewards® transfer partners
| Chase transfer partner | Transfer ratio for Chase Sapphire Reserve® and Sapphire Reserve for BusinessSM cards | Transfer ratio for Chase Sapphire Preferred® Card and Ink Business Preferred® Credit Card |
|---|---|---|
| Aer Lingus AerClub | 1:1 | 1:1 |
| The British Airways Club | 1:1 | 1:1 |
| Flying Blue (Air France and KLM) | 1:1 | 1:1 |
| Iberia Club | 1:1 | 1:1 |
| JetBlue TrueBlue | 1:1 | 1:1 |
| Singapore Airlines KrisFlyer | 1:1 | 1:1 |
| Southwest Airlines Rapid Rewards | 1:1 | 1:1 |
| United MileagePlus | 1:1 | 1:1 |
| Virgin Atlantic Flying Club | 1:1 | 1:1 |
| Air Canada Aeroplan | 1:1 | 1:1 |
| IHG One Rewards | 1:1 | 1:1 |
| Marriott Bonvoy | 1:1 | 1:1 |
| World of Hyatt | 1:1 | 4:3 |
| Wyndham Rewards | 1:1 | 1:1 |
The Chase Sapphire Reserve® is a standout premium credit card with luxury perks including, hotel credits, complimentary hotel elite status, travel credits, dining credits, rideshare and delivery benefits and much more.
- Access Priority Pass lounges, including unlimited access to Chase Sapphire Lounge® by The Club locations.
- Up to $300 in annual travel credit each account anniversary year
- You can transfer rewards to all of Chase's travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Top-tier travel and shopping protections
- High annual fee
- Requires a high credit score
- Complicated list of benefits
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
- Get $3,000 in annual value with Sapphire Reserve.
- Earn 8x points on all purchases through Chase TravelSM, including The EditSM and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Access over 1,300 airport lounges worldwide with a complimentary Priority PassTM Select membership, plus every Chase Sapphire Lounge® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck® every 4 years
- Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
- Get complimentary subscriptions to Apple TV and Apple Music for a minimum of one year when activated by June 22, 2027, a value of $288 annually.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability.
$0
With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
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Bank from anywhere with access to more than 15,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase.com.
Valuable Chase redemption examples
You can get outsized value from your Chase points when transferring to airline or hotel partners.
World of Hyatt
Despite recently undergoing transfer ratio devaluations for select Chase cards, the World of Hyatt hotel program can still present some of the best value for Sapphire Reserve and Sapphire Reserve for Business cardholders.
With categories ranging from 1 through 8 (and getting more luxurious as they go up), you can book luxurious hotels, like the Park Hyatt Maldives or Park Hyatt Sydney for as little as 25,000 points a night. These hotels can often cost more than $1,000 a night.
Virgin Atlantic Flying Club
Chase cardholders can redeem Virgin Atlantic miles to fly domestic itineraries on Delta starting at just 7,500 miles per segment, which can be a steal compared to what Delta charges customers when using Delta SkyMiles for the same flight. And Delta One business class flights from the U.S. to Europe (with the exception of the U.K.) are 47,500 Virgin Atlantic miles for nonstop itineraries.
Southwest Airlines Rapid Rewards
Since Southwest moved to a dynamic pricing system, it can be harder to find standout options, but transfers work best in a few select scenarios. Since transferring Chase points usually happens either almost instantly or by the end of the next business day, you can often wait until you've found your specific flight deal.
And if you have a Southwest Airlines Companion Pass, you can book two flights for the price of one (excluding taxes and fees), in which case you can essentially be getting double the value of your points. While you do have to designate a specific "Companion," this can be great when traveling with a significant other or friend.
Redeem for travel through the Chase portal
When you book travel through the Chase Ultimate Rewards travel portal, your points can be worth up to 1.50 cents each with the Sapphire Preferred and Ink Business Preferred or all the way to 2.0 cents each with the Sapphire Reserve or Sapphire Reserve for Business
That means you could book a $750 flight (on any airline) via Chase Travel℠ for 50,000 points with the Chase Sapphire Preferred® Card.
Tip: If you've been considering a Chase card, the Chase Sapphire Preferred is matching its best-ever welcome offer: Earn 100,000 points after spending $5,000 on purchases in the first three months from account opening.
The Chase Sapphire Preferred® Card packs a punch for a $95 annual fee card, offering annual travel credits, comprehensive travel protections, flexible rewards and more.
- You can transfer rewards to all of Chase's travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Long list of travel and shopping protections
- Annual Chase Travel hotel credit
- Has an annual fee
- Requires a high credit score
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
- Enjoy benefits such as 5x on travel purchased through Chase TravelSM, 3x on dining, 3x on vacation homes, 3x on gas & EV charging, 3x on top streaming services and online groceries (excluding Walmart, Target, and wholesale clubs), 2x on all other travel purchases, 1x on all other purchases
- Earn up to $100 in statement credits each account anniversary year for hotel stays through Chase Travel
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Get a year of complimentary Apple TV when activated by December 31, 2026 - a value of $156.
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders.
- Receive one statement credit of up to $120 every four years as reimbursement for the application fee charged to your card for a Global Entry, TSA Precheck® or NEXUS application.
- Transfer points to leading airline and hotel loyalty programs
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
This option is great because you can book with virtually any airline or hotel on the portal and there are no blackout dates. You're not limited to Chase travel partners and their respective award availability, which can sometimes be hard to find.
That being said, Chase determines which select flights or hotels qualify for Points Boost, so it often depends on your travel plans if you can get extra value from this system.
Use Chase Pay Yourself Back
Chase introduced "Pay Yourself Back" as a way to get good value from your points outside of travel, while still getting almost cash value.
Pay Yourself Back allows cardholders to redeem points for statement credits on up to 12 recent purchases made within the last 90 days. These points transfer at 1 cent apiece, but Chase offers certain promotional categories where your transfer rate will be elevated.
For example, Chase once offered pet supply stores and veterinary services as a bonus category that earned 10% more value when redeeming points. If you redeemed your points for a statement credit toward a qualifying purchase, instead of 100 points being worth $1, they were worth $1.10.
The exact categories and bonus transfer rates you see will vary between cards, with premium cards typically offering higher rates.
Which Chase credit cards earn Ultimate Rewards points?
Popular Chase cards, like the Chase Sapphire Preferred, earn coveted Chase Ultimate Rewards® points. You can use these points to book travel — including car rentals, hotels, flights, tours and activities — through an easy-to-use portal.
These are the Chase credit cards that earn Ultimate Rewards points:
Offers in this section are from affiliate partners and selected based on a combination of engagement, product relevance, compensation, and consistent availability.
On Chase's site
Earn $200 cash back
See rates and fees. Terms apply.
* You must have one of these cards to transfer Chase points to travel partners.
FAQs
How do I redeem my Chase Ultimate Rewards points?
You can redeem Chase Ultimate Rewards® points in many different ways, from 1-cent-per-point options like gift cards or statement credits, to potentially more valuable redemptions, like travel via the Chase portal or a transfer partner.
Do Chase reward points expire?
No. As long as your Chase account is open and in good standing, your points will never expire.
Can I use Chase points to pay my credit card bill?
Yes. You can typically redeem Chase points as a statement credit to cover your bill. This redemption option typically yields 1 cent per point in value.
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Information about the Chase Freedom Flex℠ has been collected independently by CNBC Select and has not been reviewed or provided by the issuer of the card prior to publication.
