Chase Ultimate Rewards points are flexible. You can move them to different airline and hotel programs or use them to book travel directly.
As of June 2025, TPG values them at 2.05 cents each. The best way to get that value is usually by using them for flights or hotels through transfer partners.
You can also book travel in the Chase Travel℠ portal — flights, hotels, cars, cruises, and more. Other options, like gift cards or statement credits, are available but usually give you less value for each point.
Best Ways to Redeem Points
1. Transfer to Airlines
Moving points to airline programs often gets you the most value.
- Virgin Atlantic Flying Club
- One-way saver seats to the UK:
- 6,000 points in the economy
- 10,500 points in premium economy
- 29,000 points in business class
- Look for “Saver” fares or use the seat checker.
- One-way saver seats to the UK:
- United MileagePlus
- Short U.S. flights start at 5,000 miles.
- Taxes and fees can be as low as $5.60.
- Air France–KLM Flying Blue
- U.S. to Europe one-way:
- 25,000 miles in economy
- 40,000 miles in premium economy
- 60,000 miles in business class
- Saver seats are limited.
- You can book a free stopover in Paris or Amsterdam by calling.
- U.S. to Europe one-way:
- Singapore KrisFlyer
- Good for premium flights and long routes.
- Example: New York to Singapore in business class for 111,500 miles.
2. Transfer to Hotels
World of Hyatt is the top hotel partner for value.
- Category 1: From 3,500 points per night (off-peak)
- Category 8: Up to 45,000 points per night (peak)
- Example: Park Hyatt Beaver Creek in ski season is 45,000 points, but cash rates can be around $1,400.
3. Book Through Chase Travel℠
- Use points for flights, hotels, cars, and more.
- Some Chase cards give points a value of up to 2 cents each with Points Boost.
Cards That Earn Chase Ultimate Rewards
- Chase Sapphire Reserve® – 100,000 bonus points + $500 Chase Travel credit after $5,000 spend in 3 months
- Chase Sapphire Preferred® Card – 75,000 bonus points after $5,000 spend in 3 months
- Ink Business Preferred® Credit Card – 90,000 bonus points after $8,000 spend in 3 months
- Chase Freedom Flex® / Unlimited® – $200 bonus after $500 spend (can be converted to Ultimate Rewards if paired with an eligible card)
You’ll usually get the best value by transferring Chase Ultimate Rewards points to airline or hotel partners. Premium flights and high-end hotels often give the most return. The Chase Travel℠ portal is simple, but transfers can be worth more.
