Chase Ultimate Rewards Points Value
What are your ultimate rewards points worth in 2026?
Average Value
2.0 cpp
cents per point
Chase Ultimate Rewards points are worth about 2.0 cents each when transferred to airline and hotel partners. The Chase Sapphire Reserve card gives 1.5 cents per point through the Chase Travel portal, but transferring to partners like Hyatt or Virgin Atlantic typically yields much better value.
2.0 cpp
Average Value
3.0+ cpp
Best Value
1.25-1.5
Portal Value
6
Top Partners
Value Assessment Guide
How to judge whether you're getting a good deal with your Chase points
Poor
< 1.25 cpp
Below portal value
Average
1.25 - 2.0 cpp
Portal or basic transfer
Good
2.0 - 3.0 cpp
Solid partner redemption
Excellent
> 3.0 cpp
Premium cabin sweet spot
Best Transfer Partners
Where to transfer your ultimate rewards points for maximum value
World of Hyatt
Very High ValueTransfer Ratio: 1:1
Sweet Spot: Category 1-4 hotels for 5,000-15,000 points/night
Virgin Atlantic Flying Club
High ValueTransfer Ratio: 1:1
Sweet Spot: ANA first class for 120k points round-trip
British Airways Avios
High ValueTransfer Ratio: 1:1
Sweet Spot: Short-haul flights from 4,000 Avios one-way
United MileagePlus
Medium ValueTransfer Ratio: 1:1
Sweet Spot: Excursionist Perk for free stopover on round-trips
Air France/KLM Flying Blue
High ValueTransfer Ratio: 1:1
Sweet Spot: Promo Rewards for up to 50% off award flights
Southwest Rapid Rewards
Medium ValueTransfer Ratio: 1:1
Sweet Spot: Companion Pass qualification strategy
Sample Redemptions
Real-world examples of what your Chase points can get you
| Redemption | Points | Cash Value | Value (cpp) |
|---|---|---|---|
| Park Hyatt Tokyo (1 night) | 30,000 | $700 | 2.3 cpp |
| NYC to Tokyo (ANA First via Virgin Atlantic) | 120,000 | $25,000 | 20.8 cpp |
| NYC to London (Virgin Atlantic Upper Class) | 60,000 | $4,500 | 7.5 cpp |
| Hyatt Ziva Cancun All-Inclusive (1 night) | 25,000 | $550 | 2.2 cpp |
| Chase Travel Portal (Sapphire Reserve) | 50,000 | $750 | 1.5 cpp |
* Values are approximate and vary by date, availability, and route
Cards That Earn Ultimate Rewards Points
Best credit cards for earning Chase points
Chase Sapphire Reserve
3x travel & dining, 10x hotels via portal
$550/yr
Chase Sapphire Preferred
3x dining, 2x travel, 5x via portal
$95/yr
Chase Ink Business Preferred
3x travel, shipping, advertising
$95/yr
Frequently Asked Questions
What are Chase Ultimate Rewards points worth?
Chase Ultimate Rewards points are worth about 2.0 cents each when transferred to travel partners. Through the Chase Travel portal, they're worth 1.25 cents (Sapphire Preferred) or 1.5 cents (Sapphire Reserve) per point. The best partner transfer redemptions can yield 2-20+ cents per point.
What is the best way to use Chase points?
The best way to use Chase points is to transfer them to World of Hyatt for hotel stays or to airline partners like Virgin Atlantic for premium cabin flights. The Chase-to-Hyatt transfer is widely considered the single best use of Chase points, delivering consistent 2+ cents per point value.
Is it better to use Chase points through the portal or transfer?
Transferring to partners usually provides better value. The Sapphire Reserve portal gives 1.5 cpp, but Hyatt transfers average 2.0+ cpp and airline transfers for business/first class can reach 5-20 cpp. Only use the portal for last-minute bookings or routes without good award availability.
Which Chase cards earn Ultimate Rewards points?
The main Chase Ultimate Rewards cards are the Sapphire Reserve (3x dining & travel), Sapphire Preferred (3x dining, 2x travel), Freedom Unlimited (1.5x everything), Freedom Flex (5x rotating categories), and the Ink business cards. Points pool together across cards.
Do Chase Ultimate Rewards points expire?
Chase Ultimate Rewards points do not expire as long as your account is open. However, if you downgrade from a Sapphire or Ink card to a card that doesn't earn UR points, you may lose the ability to transfer to partners. Always keep at least one premium UR card active.
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Credit cards that transfer to Chase Ultimate Rewards
Build your Chase Ultimate Rewards balance faster with these credit cards offering welcome bonuses and transfer partnerships.
The Business Platinum Card® from American Express
Business Card | Annual Fee: $895
200,000 Membership Rewards® points
after $20,000 in purchases in the first 3 months
Key Benefits:
- 5x points on flights & hotels via Amex Travel
- 1.5x points on purchases over $5,000
- Airport lounge access
American Express® Business Gold Card
Business Card | Annual Fee: $375
100,000 Membership Rewards® points
after $15,000 in purchases in the first 3 months
Key Benefits:
- 4x points on top 2 spending categories (up to $150K/yr)
- Up to $240 in annual statement credits
Chase Ink Business Preferred®
Business Card | Annual Fee: $95
100,000 Ultimate Rewards points
after $8,000 in purchases in the first 3 months
Key Benefits:
- 3x points on travel & shipping
- 3x points on advertising
- 3x points on internet/cable/phone
The Platinum Card from American Express
Personal Card | Annual Fee: $695
80,000 points
after $8,000 in 6 months
Key Benefits:
- $200 airline fee credit
- $200 hotel credit (FHR/THC)
- $200 Uber credit
Capital One Venture Rewards
Personal Card | Annual Fee: $95
75,000 miles
after $4,000 in 3 months
Key Benefits:
- Global Entry/TSA PreCheck credit
- No foreign transaction fees
Capital One Venture X Rewards
Personal Card | Annual Fee: $395
75,000 miles
after $4,000 in 3 months
Key Benefits:
- $300 annual travel credit (Capital One Travel)
- 10,000 bonus miles annually
- Capital One Lounge access
* Credit card approval subject to eligibility. Terms and conditions apply. American Express cards shown are available to US residents only.